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What is the issuance amount of DIA coins?
The DIA Network, launched in 2021, issued 200 million DIA coins, with an initial circulating supply of 60 million distributed through various channels, including private and public sales, and dedicated portions for the team, foundation, and ecosystem development.
Dec 01, 2024 at 07:42 pm
Understanding the Issuance, Distribution, and Market Dynamics of DIA Coins
1. Issuance Details:
- Total Supply: 200,000,000 DIA
- Initial Circulating Supply: 60,000,000 DIA (30% of total supply)
- Genesis Block Date: August 29, 2021
- Issuance Mechanism: Initial Coin Offering (ICO)
2. Distribution Schedule:
- Private Sale: 40%
- Seed Sale: 10%
- Public Sale: 20%
- Team and Advisors: 10%
- Foundation: 10%
- Ecosystem Fund: 10%
3. Token Economics:
The DIA Foundation is a Swiss-registered non-profit organization that oversees the issuance and distribution of DIA coins. The token serves as a governance token, allowing holders to participate in key decisions and vote on proposals that shape the future of the DIA Network. DIA coins also serve as an incentive for data providers, validators, and other network participants, fostering a decentralized ecosystem.
4. Market Dynamics:
DIA coins are traded on several cryptocurrency exchanges, including Binance, OKEx, and Huobi Global. The price of DIA is influenced by various factors, including the overall market conditions, demand for oracle services, and investor sentiment.
5. Notable Development Milestones:
- Enhanced Data Coverage: DIA Network has expanded its data sources and asset coverage, providing access to a comprehensive range of financial, economic, and social metrics.
- Cross-Chain Integrations: DIA Network has integrated with multiple blockchains, including Ethereum, Polygon, and Binance Smart Chain, facilitating interoperability and cross-platform data sharing.
- Governance Enhancements: DIA has implemented a robust governance framework, allowing token holders to actively shape the network's direction and decision-making processes.
6. Ongoing and Future Development:
The DIA Foundation is committed to ongoing development and innovation. Areas of focus include:
- Data Infrastructure Optimization: Enhancing the efficiency and scalability of data storage and retrieval mechanisms.
- AI and Machine Learning Integration: Leveraging AI and machine learning techniques to enhance data analysis and forecast accuracy.
- Community Engagement: Fostering an active and engaged community through educational initiatives, developer support, and ecosystem partnerships.
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