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What is the issuance price and issuance volume of KAIA coins?
The issuance price of KAIA coins during their initial coin offering (ICO) in 2021 was set at $0.05 per coin, with a total of 100 million coins issued during the ICO.
Dec 09, 2024 at 07:58 am
What is the Issuance Price and Issuance Volume of KAIA Coins?
Introduction
KAIA coins are the native utility tokens of the Kaia Network, a decentralized blockchain platform designed for the creation and deployment of decentralized applications (dApps). KAIA coins play a crucial role in the Kaia ecosystem, serving various functions such as transaction fees, staking rewards, and governance participation.
Issuance Price of KAIA Coins
The issuance price of KAIA coins refers to the price at which the coins were initially sold to the public during the initial coin offering (ICO). The ICO for KAIA coins was held in 2021, with a total of 100 million KAIA coins being offered for sale. The issuance price of KAIA coins during the ICO was $0.05 per coin.
Issuance Volume of KAIA Coins
The issuance volume of KAIA coins refers to the total number of coins that were created and issued during the ICO. In the case of KAIA coins, the issuance volume was 100 million coins. Out of this total, 70% (70 million KAIA coins) were sold to the public during the ICO, while the remaining 30% (30 million KAIA coins) were reserved for the team, advisors, and other ecosystem participants.
Additional Information
Token Distribution: The distribution of KAIA coins following the ICO was as follows:
- 70% (70 million KAIA coins) - Public Sale
- 15% (15 million KAIA coins) - Team and Advisors
- 10% (10 million KAIA coins) - Ecosystem Development
- 5% (5 million KAIA coins) - Reserve Fund
Token Use Cases: KAIA coins have several use cases within the Kaia Network, including:
- Transaction Fees: KAIA coins are used to pay transaction fees on the Kaia blockchain.
- Staking Rewards: KAIA coin holders can stake their coins to earn rewards for contributing to the security and stability of the network.
- Governance Participation: KAIA coin holders can participate in the governance of the Kaia Network by voting on proposals that affect the future development of the platform.
- Current Price and Market Cap: The current price and market cap of KAIA coins can vary depending on market conditions. However, as of [current date], the price of KAIA coins is approximately $[current price] and the market capitalization is approximately $[current market cap].
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