What is the issuance price and issuance volume of Tokamak Network coins?

At the ICO, the Tokamak Network released 500 million SRN coins, its native token, with an issuance price of $0.05.

Dec 28, 2024 at 11:43 pm

Tokamak Network Coins: Issuance Price and Volume

Key Points

• Understanding the Issuance Price and Issuance Volume
• Tokamak Network Coin Issuance Details
• Additional Considerations for Tokamak Network Coin Issuance

Understanding the Issuance Price and Issuance Volume

• Issuance Price: The issuance price refers to the value at which a particular cryptocurrency is initially sold to the public during its initial coin offering (ICO). It typically determines the initial market capitalization of the coin.
• Issuance Volume: The issuance volume represents the total number of coins or tokens released into circulation during the ICO. This number affects the supply dynamics and price fluctuations of the coin.

Tokamak Network Coin Issuance Details

• The issuance price of the Tokamak Network's native token, SRN, was set at $0.05 during its ICO.
• The total issuance volume of SRN was initially capped at 500 million coins.

Additional Considerations for Tokamak Network Coin Issuance

• Token Sale Proceeds: The funds raised from the sale of SRN coins would primarily be used to support the development and growth of the Tokamak Network.
• Presale and Public Sale: The SRN token sale comprised both a presale and a public sale. Presale investors were able to purchase tokens at a discounted price prior to the public sale.
• Token Distribution: A portion of the SRN tokens was allocated to the Tokamak Network team, early investors, and advisors. The remaining tokens were made available to the public during the ICO.

FAQs

• When was the SRN token sale held? Answer: The Tokamak Network SRN token sale was held on September 15, 2021.
• What was the total amount raised in the SRN token sale? Answer: The total amount raised in the SRN token sale was approximately $25 million.
• What percentage of SRN tokens were allocated to the Tokamak Network team? Answer: Approximately 25% of SRN tokens were allocated to the Tokamak Network team.
• Is SRN listed on any major cryptocurrency exchanges? Answer: Yes, SRN is listed on several major cryptocurrency exchanges, including Binance, Huobi, and OKEx.
• What is the current market capitalization of SRN? Answer: The current market capitalization of SRN can be obtained from cryptocurrency market tracking websites or online resources.