Orderly Network (ORDER) coin issuance price, total amount and white paper introduction

The Orderly Network (ORDER) launched its native cryptocurrency with an initial issuance price of $0.001, a total supply of 2.1 billion coins, and a comprehensive white paper outlining its decentralized financial market goals.

Jan 08, 2025 at 05:26 am

Orderly Network (ORDER) Coin Issuance Price, Total Amount, and White Paper Introduction

Key Points:

• Orderly Network (ORDER) is a Proof-of-Work (PoW) blockchain that connects independent order pools to create a decentralized global network for financial markets.
• ORDER coin is the native cryptocurrency that fuels the Orderly Network ecosystem and has several utilities, including transaction fees, staking rewards, and governance.
• The total supply of ORDER coins is 2.1 billion, with 1.2 billion coins released at the genesis block.
• The Orderly Network white paper provides a comprehensive overview of the project's goals, architecture, and economic model.

Coin Issuance Price:

The ORDER coin was issued at a price of **$0.001** during the initial coin offering (ICO) in December 2019. The ICO raised a total of $12 million.

Total Amount of ORDER Coins:

The total supply of ORDER coins is 2.1 billion, as detailed in the project's white paper. Of this total supply, 1.2 billion coins were released at the genesis block.

White Paper Introduction:

The Orderly Network white paper is a thorough document that outlines the project's goals, architecture, and economic model. Key aspects highlighted in the white paper include:

• Goal: To revolutionize financial markets by decentralizing the order matching process and creating a more transparent and efficient system.
• Architecture: A Proof-of-Work (PoW) blockchain that connects independent order pools to facilitate global financial trading.
• Economic Model: ORDER coin is used as transaction fees, staking rewards, and governance, promoting network security and community involvement.

FAQs:

Q: Where can I purchase ORDER coins?
A: ORDER coins are available on several cryptocurrency exchanges, including Binance, Huobi, and OKEx.

Q: How can I earn ORDER rewards?
A: ORDER rewards can be earned through staking, which involves holding ORDER coins in a supported wallet.

Q: What is the purpose of staking ORDER coins?
A: Staking ORDER coins helps secure the blockchain, contributes to the network's stability, and earns rewards for stakers.

Q: What are the governance rights of ORDER coin holders?
A: ORDER coin holders can participate in on-chain governance decisions that shape the network's development and ecosystem.

Q: What is the future roadmap for the Orderly Network?
A: The Orderly Network is continually developing, with plans to expand its functionalities, integrate with other platforms, and enhance its security and performance.