Oraichain (ORAI) coin issuance price

The public token sale for Oraichain's ORAI token, held in 2021, had three rounds with prices ranging from $0.012 to $0.024 per token, based on factors like project potential, market conditions, and investor demand.

Dec 22, 2024 at 03:57 am

Oraichain (ORAI): Coin Issuance Price

Key Points:

• Oraichain (ORAI) is a decentralized oracle platform that provides secure and verifiable data feeds to smart contracts.
• ORAI is the native token of the Oraichain ecosystem and is used for various purposes, including staking, governance, and transaction fees.
• The coin issuance price of ORAI was determined through a public token sale held in 2021.
• The public token sale was conducted in several rounds, with each round having a different price.
• The ORAI token is currently listed on several cryptocurrency exchanges, with prices fluctuating based on market demand and supply.

Coin Issuance Price

Public Token Sale:

Oraichain held a public token sale in 2021 to raise funds for the development and launch of its platform. The public token sale was conducted in three rounds:

• Seed Round: The seed round was held in March 2021 and sold ORAI tokens at $0.012 per token.
• Private Round: The private round was held in June 2021 and sold ORAI tokens at $0.02 per token.
• Public Round: The public round was held in August 2021 and sold ORAI tokens at $0.024 per token.

Price Determination:

The coin issuance price of ORAI was determined based on various factors, including:

• Project Potential: Investors assessed the potential of the Oraichain project and its ability to address the challenges faced by decentralized oracle networks.
• Market Conditions: The overall cryptocurrency market conditions at the time of the token sale also influenced the pricing of ORAI tokens.
• Investor Demand: The level of demand from investors during the token sale rounds played a significant role in setting the price of ORAI.

Current Price:

The ORAI token is currently listed on several cryptocurrency exchanges, including Binance, Huobi, and OKEx. The price of ORAI fluctuates based on market demand and supply. As of [date], the price of ORAI is approximately $0.05 per token.

FAQs

Q: What is the use case of the ORAI token?
A: ORAI is used for a variety of purposes within the Oraichain ecosystem, including:

* **Staking:** ORAI tokens can be staked to earn rewards and support the security of the network.
* **Governance:** Holders of ORAI tokens have the right to participate in the governance of the Oraichain platform.
* **Transaction Fees:** ORAI is used to pay transaction fees on the Oraichain platform.

Q: Is ORAI a good investment?
A: The potential profitability of investing in ORAI depends on a variety of factors, including the success of the Oraichain project, market conditions, and investor sentiment.

Q: Where can I buy ORAI tokens?
A: ORAI tokens can be purchased on several cryptocurrency exchanges, including Binance, Huobi, and OKEx.

Q: What is the maximum supply of ORAI tokens?
A: The maximum supply of ORAI tokens is 10 billion.