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ViciCoin (VCNT) coin issuance price and issuance quantity introduction

Understanding VCNT's issuance process provides investors valuable insights into its tokenomics and potential value as a decentralized digital currency within the Buycoins ecosystem.

Jan 06, 2025 at 08:42 pm

Key Points:

  • ViciCoin (VCNT) is a decentralized digital currency designed to facilitate payments within the Buycoins ecosystem.
  • VCNT has a limited issuance quantity of 100 million coins, with an approximate issuance price of $0.05 per coin.
  • Issuance events took place in multiple phases, with private and public sales held to distribute tokens.
  • By understanding the issuance process, investors can gain insights into VCNT's tokenomics and potential value.

Issuance Details:

1. Issuance Quantity:

  • ViciCoin (VCNT) has a fixed issuance supply of 100 million coins.
  • This limited supply ensures the scarcity of the asset, potentially contributing to its value appreciation.

2. Issuance Price:

  • The initial issuance price of VCNT was approximately $0.05 per coin.
  • This price corresponds to the establishment of the VCNT token.

3. Issuance Phases:

  • Private Sale: 25% of VCNT tokens were distributed through a private sale to early investors.
  • Seed Sale: 10% of VCNT tokens were sold in a seed sale to venture capitalists and strategic partners.
  • Public Sale: 40% of VCNT tokens were offered in a public sale to retail investors.
  • Team Allocation: 20% of VCNT tokens were allocated to the team responsible for the project's development and operations.
  • Ecosystem Reserve: 5% of VCNT tokens were set aside for ecosystem development and future initiatives.

4. Token Distribution:

  • Upon issuance, VCNT tokens were distributed according to the allocation percentages outlined above.
  • Team members, investors, and ecosystem contributors received their respective allocations of VCNT.
  • Tokens were released in accordance with vesting schedules to ensure long-term commitment and support for the project.

FAQ:

What is the total circulation of VCNT coins?

  • The total circulation of VCNT coins is 100 million, with all tokens released upon issuance.

How did the issuance price of VCNT compare to other cryptocurrencies?

  • The issuance price of $0.05 for VCNT was comparable to other cryptocurrencies at its initial launch.

Were there any mechanisms in place to prevent manipulation during the issuance process?

  • Yes, the issuance process included anti-dumping and anti-manipulation measures to ensure fair distribution and prevent price manipulation.

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!

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