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What is the issuance price and circulation volume of Mines of Dalarnia (DAR) coins?
Launched in 2021 at $0.018, the DAR token, with a circulating supply of 700 million, fuels ecosystem growth in the Mines of Dalarnia blockchain game.
Dec 03, 2024 at 04:54 am
What is the Issuance Price and Circulation Volume of Mines of Dalarnia (DAR) Coins?
Introduction
Mines of Dalarnia (DAR) is a blockchain-based game that allows players to explore, mine, and build in a virtual world. The game's native token, DAR, is used to purchase items and services within the game.
Issuance Price
The issuance price of DAR was $0.018 USD. The token was initially sold in a private sale in March 2021.
Circulation Volume
The current circulating supply of DAR is 700,000,000 tokens. The total supply of DAR is 1,000,000,000 tokens.
Tokenomics
The DAR token is designed to have a deflationary supply. This means that the total supply of DAR will decrease over time. This is because a portion of the DAR tokens earned through gameplay will be burned.
Token Use
The DAR token is used to purchase a variety of items and services within the Mines of Dalarnia game. These include:
- Land
- Equipment
- Resources
- Building materials
The DAR token can also be used to participate in governance decisions within the Mines of Dalarnia community.
Token Distribution
The DAR token distribution is as follows:
- 20% - Seed sale
- 10% - Private sale
- 20% - Team and advisors
- 50% - Community and ecosystem development
Token Release Schedule
The DAR token release schedule is as follows:
- 20% - Released at launch
- 20% - Released over the next 12 months
- 60% - Reserved for community and ecosystem development
Token Performance
The DAR token has performed well since its launch. The token has increased in value by over 100% since its initial sale.
Conclusion
The DAR token is a key part of the Mines of Dalarnia ecosystem. The token is used to purchase items and services within the game, and it also plays a role in governance. The token has performed well since its launch, and it is expected to continue to increase in value as the game grows.
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