What is the issuance price of Artrade (ATR) coins?

During a private sale in February 2023, 100 million ATR coins were sold at $0.05 per coin, raising $5 million in funding.

Jan 06, 2025 at 07:42 pm

Key Points

• Artrade (ATR) is a cryptocurrency platform that enables the issuance, trading, and management of digital assets.
• ATR coins are the native tokens of the Artrade platform, used for paying transaction fees, staking, and participating in governance.
• The issuance price of ATR coins was determined through a private sale held in 2023.

Issuance Price of Artrade (ATR) Coins

The issuance price of ATR coins was determined through a private sale held in February 2023. During the private sale, a total of 100 million ATR coins were sold at a price of $0.05 per coin, raising $5 million in funding.

FAQs

• What is the purpose of ATR coins?
  ATR coins are used for paying transaction fees, staking, and participating in governance on the Artrade platform. Holders of ATR coins can also participate in the platform's rewards program, which distributes a portion of the platform's revenue to token holders.
• How many ATR coins are in circulation?
  The total supply of ATR coins is 1 billion. Of these, 100 million coins were issued during the private sale, and the remaining 900 million coins are reserved for future issuance.
• What is the value of ATR coins?
  The value of ATR coins is determined by market forces, such as supply and demand. The price of ATR coins has fluctuated significantly since its launch, reaching a high of $0.10 in April 2023 and a low of $0.02 in June 2023.