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What is the issuance price and issuance amount of THENA(THE) currency?
During its ICO in 2018, THENA (THE) released 1 billion tokens at an issuance price of $0.05 per token, generating $50 million in investment funds.
Dec 02, 2024 at 12:16 pm
What is the issuance price and issuance amount of THENA(THE) currency?
Overview of THENA (THE)
THENA (THE) is a decentralized blockchain platform designed to support the development and deployment of enterprise-grade blockchain applications. The platform offers a range of features and tools that make it easy for businesses to build, deploy, and manage blockchain solutions without the need for extensive technical expertise.
Issuance Price and Amount of THENA (THE) Currency
The initial coin offering (ICO) for THENA (THE) was held in 2018. During the ICO, a total of 1 billion THE tokens were created, with an issuance price of $0.05 per token. The total amount raised during the ICO was $50 million.
Distribution of THE Tokens
The distribution of THE tokens is as follows:
- Ecosystem: 30%
- Team and Advisors: 20%
- Public ICO: 50%
Use Cases of THENA (THE) Currency
- Transaction fees: THE tokens are used to pay transaction fees on the THENA blockchain.
- Staking: THE tokens can be staked to earn rewards and secure the network.
- Governance: THE token holders can participate in the governance of the THENA blockchain by voting on proposals.
Benefits of Using THENA (THE) Currency
- Low transaction fees: The THENA blockchain offers low transaction fees compared to other popular blockchains.
- Fast and efficient: The THENA blockchain is designed to be fast and efficient, with transactions typically being processed in a matter of seconds.
- Secure and reliable: The THENA blockchain is based on a proven consensus algorithm that ensures the security and reliability of the network.
- Scalable: The THENA blockchain is designed to be scalable, meaning that it can handle a large number of transactions without compromising performance.
Conclusion
THENA (THE) is a promising blockchain platform that offers a range of benefits for businesses and developers. The platform's low transaction fees, fast and efficient performance, and scalability make it an ideal choice for a wide range of blockchain applications.
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