-
Bitcoin $103,324.2322
1.92% - Ethereum
$2,339.0498
13.05% - Tether USDt
$1.0000
-0.01% - XRP
$2.3592
5.05% - BNB
$635.8067
2.90% - Solana
$171.9279
7.34% - USDC
$1.0000
0.00% - Dogecoin
$0.2046
7.15% - Cardano
$0.7857
7.01% - TRON
$0.2621
2.81% - Sui
$3.9054
-0.52% - Chainlink
$16.0293
4.21% - Avalanche
$23.2416
9.01% - Stellar
$0.2962
4.92% - Shiba Inu
$0.0...01504
7.31% - Hedera
$0.2003
4.41% - Hyperliquid
$25.1294
14.20% - Toncoin
$3.2808
3.06% - Bitcoin Cash
$408.8948
-2.24% - UNUS SED LEO
$8.7335
-0.88% - Polkadot
$4.7823
10.91% - Litecoin
$99.1240
6.82% - Monero
$310.6805
5.94% - Dai
$1.0002
0.00% - Bitget Token
$4.4808
0.52% - Pepe
$0.0...01242
19.60% - Pi
$0.7244
14.56% - Ethena USDe
$1.0001
-0.02% - Uniswap
$6.3328
14.22% - Bittensor
$432.0303
3.89%
What is the issuance price and issuance volume of Spectral (SPEC) coins?
The issuance price of Spectral (SPEC) coins was set at $0.025 per token during its initial coin offering (ICO) in 2018, with a total issuance volume of 10 billion tokens.
Dec 09, 2024 at 03:23 am
What is the Issuance Price and Issuance Volume of Spectral (SPEC) Coins?
Spectral (SPEC) is a utility token that powers the Spectral platform, a decentralized network for building and deploying blockchain applications. SPEC tokens are used to pay for transaction fees, stake for rewards, and participate in governance decisions on the platform.
Issuance Price
The issuance price of SPEC coins was $0.025 per token. This price was set during the token's initial coin offering (ICO), which was held in 2018.
Issuance Volume
The total issuance volume of SPEC coins is 10 billion tokens. Of this amount, 50% was sold during the ICO, 20% was reserved for the team and advisors, and 30% was allocated to the Spectral Foundation.
Distribution of SPEC Coins
The distribution of SPEC coins is as follows:
- ICO: 50%
- Team and advisors: 20%
- Spectral Foundation: 30%
Use Cases of SPEC Coins
SPEC coins are used for a variety of purposes on the Spectral platform, including:
- Transaction fees: SPEC coins are used to pay for transaction fees on the Spectral platform. These fees are used to compensate validators for their work in securing the network.
- Staking: SPEC coins can be staked to earn rewards. Staking helps to secure the network and ensures that validators are aligned with the interests of the community.
- Governance: SPEC coins are used to participate in governance decisions on the Spectral platform. Holders of SPEC coins can vote on proposals that affect the development and direction of the platform.
Conclusion
SPEC coins are an important part of the Spectral ecosystem. They are used to pay for transaction fees, stake for rewards, and participate in governance decisions on the platform. The issuance price of SPEC coins was $0.025 per token, and the total issuance volume is 10 billion tokens.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
- The $TRUMP GALA DINNER
- 2025-05-10 02:30:13
- Which crypto could boom in 2025 as the market recalibrates post-halving and post-tariff?
- 2025-05-10 02:30:13
- Lido (stETH) holders get more influence in protocol decisions
- 2025-05-10 02:25:15
- Bitcoin (BTC) market capitalization surpasses $3.27 trillion as BTC price reaches a high of $103,600
- 2025-05-10 02:25:15
- SHIB Coin Price Rose as it Rallied Alongside Other Altcoins. Its Rally Also Coincided with the Ethereum Breakout to $2,400, Pointing to a 200% Surge
- 2025-05-10 02:20:12
- Renewed Investor Optimism Sends Ethereum (ETH) Above $2,400
- 2025-05-10 02:20:12
Related knowledge
How to buy XRP on your phone? Simple steps to quickly complete transactions
May 10,2025 at 02:36am
How to buy XRP on your phone? Simple steps to quickly complete transactions Purchasing XRP on your mobile device is a straightforward process that can be completed in a few simple steps. Whether you're a seasoned crypto investor or a newcomer to the digital currency space, this guide will walk you through the process of buying XRP on your phone. By foll...
Why is the price of XRP so volatile? What factors affect it?
May 10,2025 at 01:43am
The price of XRP, like many cryptocurrencies, is subject to high volatility. This means that its price can experience significant fluctuations within short periods. Several factors contribute to this volatility, and understanding these can help investors and enthusiasts better navigate the market. In this article, we will explore the reasons behind XRP'...
Is XRP a cryptocurrency? How does it enable fast cross-border payments?
May 09,2025 at 04:21pm
Is XRP a cryptocurrency? How does it enable fast cross-border payments? XRP is indeed a cryptocurrency, and it plays a significant role in facilitating fast cross-border payments. Created by Ripple Labs, XRP is designed to serve as a bridge currency in international transactions, enabling quick and cost-effective transfers between different currencies. ...
How to calculate Ethereum fee after EIP-1559? How to save?
May 09,2025 at 08:01am
The introduction of EIP-1559 in August 2021 brought significant changes to the Ethereum network's fee structure, revolutionizing how users interact with transaction costs. This article will delve into the specifics of how to calculate Ethereum fees post-EIP-1559 and offer strategies to save on these fees. Understanding EIP-1559 and its ComponentsEIP-155...
Is Ethereum smart contract call fee high? How to optimize costs?
May 08,2025 at 09:35am
Is Ethereum Smart Contract Call Fee High? How to Optimize Costs? The world of Ethereum smart contracts has revolutionized the way we think about decentralized applications and blockchain technology. However, one of the most frequently discussed topics within this realm is the cost associated with executing smart contract calls. In this article, we will ...
Is Ethereum Layer2 fee low? How to use it cheaper?
May 08,2025 at 03:56am
The question of whether Ethereum Layer 2 solutions offer lower fees and how to use them more economically is a topic of great interest within the cryptocurrency community. Ethereum's Layer 2 solutions have been developed to address the high transaction fees and scalability issues associated with the main Ethereum network. In this article, we will delve ...
How to buy XRP on your phone? Simple steps to quickly complete transactions
May 10,2025 at 02:36am
How to buy XRP on your phone? Simple steps to quickly complete transactions Purchasing XRP on your mobile device is a straightforward process that can be completed in a few simple steps. Whether you're a seasoned crypto investor or a newcomer to the digital currency space, this guide will walk you through the process of buying XRP on your phone. By foll...
Why is the price of XRP so volatile? What factors affect it?
May 10,2025 at 01:43am
The price of XRP, like many cryptocurrencies, is subject to high volatility. This means that its price can experience significant fluctuations within short periods. Several factors contribute to this volatility, and understanding these can help investors and enthusiasts better navigate the market. In this article, we will explore the reasons behind XRP'...
Is XRP a cryptocurrency? How does it enable fast cross-border payments?
May 09,2025 at 04:21pm
Is XRP a cryptocurrency? How does it enable fast cross-border payments? XRP is indeed a cryptocurrency, and it plays a significant role in facilitating fast cross-border payments. Created by Ripple Labs, XRP is designed to serve as a bridge currency in international transactions, enabling quick and cost-effective transfers between different currencies. ...
How to calculate Ethereum fee after EIP-1559? How to save?
May 09,2025 at 08:01am
The introduction of EIP-1559 in August 2021 brought significant changes to the Ethereum network's fee structure, revolutionizing how users interact with transaction costs. This article will delve into the specifics of how to calculate Ethereum fees post-EIP-1559 and offer strategies to save on these fees. Understanding EIP-1559 and its ComponentsEIP-155...
Is Ethereum smart contract call fee high? How to optimize costs?
May 08,2025 at 09:35am
Is Ethereum Smart Contract Call Fee High? How to Optimize Costs? The world of Ethereum smart contracts has revolutionized the way we think about decentralized applications and blockchain technology. However, one of the most frequently discussed topics within this realm is the cost associated with executing smart contract calls. In this article, we will ...
Is Ethereum Layer2 fee low? How to use it cheaper?
May 08,2025 at 03:56am
The question of whether Ethereum Layer 2 solutions offer lower fees and how to use them more economically is a topic of great interest within the cryptocurrency community. Ethereum's Layer 2 solutions have been developed to address the high transaction fees and scalability issues associated with the main Ethereum network. In this article, we will delve ...
See all articles
