-
Bitcoin $109,190.4175
-1.66% - Ethereum
$2,572.5229
-3.63% - Tether USDt
$1.0001
0.02% - XRP
$2.3560
-3.52% - BNB
$676.5985
-1.01% - Solana
$177.5366
-4.50% - USDC
$0.9999
0.00% - Dogecoin
$0.2299
-6.61% - Cardano
$0.7641
-6.38% - TRON
$0.2739
0.15% - Sui
$3.6626
-5.26% - Hyperliquid
$35.1203
-4.81% - Chainlink
$15.8552
-7.20% - Avalanche
$23.3913
-8.73% - Stellar
$0.2911
-4.15% - Bitcoin Cash
$430.7706
-2.43% - Shiba Inu
$0.0...01450
-7.01% - Hedera
$0.1921
-6.96% - UNUS SED LEO
$8.7868
-0.07% - Toncoin
$3.0250
-4.17% - Monero
$405.7916
2.81% - Litecoin
$97.6661
-3.86% - Polkadot
$4.6230
-6.88% - Bitget Token
$5.5268
-2.87% - Pepe
$0.0...01408
-10.44% - Pi
$0.7780
-1.35% - Dai
$0.9999
0.01% - Ethena USDe
$1.0007
0.05% - Aave
$265.8878
2.37% - Uniswap
$6.2204
-5.06%
xMoney (UTK) coin issuance price and quantity introduction
The xMoney (UTK) tokenomics structure includes an ICO price of $0.05, a distribution allocating 25% for the community, and a value determined by supply and demand adjusted through the protocol algorithm.
Dec 22, 2024 at 09:09 am
Key Points:
- xMoney (UTK) tokenomics
- Understanding the Initial Coin Offering (ICO)
- Token distribution and allocation
- Calculating token value
- Legal and regulatory considerations
xMoney (UTK) Coin Issuance Price and Quantity Introduction
Tokenomics of xMoney (UTK)
xMoney (UTK) is a decentralized stablecoin protocol that aims to provide a stable and censorship-resistant digital currency. The protocol is based on the Ethereum blockchain and utilizes a unique algorithm to maintain the value of its native token, UTK, relative to the US dollar.
Initial Coin Offering (ICO)
UTK tokens were issued through an ICO in 2021. The ICO raised a total of $10 million, with tokens sold at a price of $0.05 per UTK.
Token Distribution and Allocation
The total supply of UTK tokens is 1 billion. The tokens are distributed as follows:
- 50% allocated to the team and advisors
- 25% allocated to the community
- 15% allocated to the reserve
- 10% allocated to the liquidity pool
Calculating Token Value
The value of UTK tokens is determined by supply and demand. The protocol algorithm maintains the value of UTK by adjusting the supply of tokens in response to changes in demand.
Legal and Regulatory Considerations
xMoney is a fully decentralized protocol. However, the ICO was subject to legal and regulatory scrutiny in various jurisdictions. It is important to research the legal and regulatory implications of investing in UTK before purchasing tokens.
FAQs:
Q: What is the purpose of xMoney?
A: xMoney is a decentralized stablecoin protocol that aims to provide a stable and censorship-resistant digital currency.
Q: How much did xMoney raise in its ICO?
A: xMoney raised a total of $10 million in its ICO.
Q: What is the total supply of UTK tokens?
A: The total supply of UTK tokens is 1 billion.
Q: What percentage of xMoney's token supply is allocated to the community?
A: 25% of UTK's token supply is allocated to the community.
Q: How is the value of UTK tokens determined?
A: The value of UTK tokens is determined by supply and demand through the protocol algorithm.
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.
- Dog Teddy Seems to Spend Half His Life Looking for His Lost Ball
- 2025-05-24 18:40:13
- A new controversy is brewing up pointing out that US President Donald Trump violated the federal law by addressing holders of TRUMP meme coin
- 2025-05-24 18:40:13
- The Backbone of the Crypto World: A Deep Dive into the Liquidity Solutions Powering Stablecoins
- 2025-05-24 18:35:13
- Trump facing scrutiny after speaking at private event for his $TRUMP memecoin while standing behind a lectern emblazoned with the official presidential seal
- 2025-05-24 18:35:13
- Trump's USD1 Stablecoin Draws Scrutiny From Public Commentators and Media Outlets
- 2025-05-24 18:30:13
- Alterand (Something) Price Prediction 2025-2030: Can Something Reach $ 30?
- 2025-05-24 18:30:13
Related knowledge
What can SOL coin do specifically? What is the method of buying SOL coin?
May 23,2025 at 04:49pm
Introduction to SOL CoinSOL coin is the native cryptocurrency of the Solana blockchain, a high-performance blockchain platform designed to support decentralized applications (dApps) and decentralized finance (DeFi) projects. SOL coin serves multiple functions within the Solana ecosystem, including facilitating transactions, staking, and participating in...
What are the application scenarios of SOL coin? How to buy SOL coin?
May 24,2025 at 05:49am
SOL coin, the native cryptocurrency of the Solana blockchain, has garnered significant attention due to its high throughput and low transaction costs. This article will explore the various application scenarios of SOL coin and provide a detailed guide on how to buy it. Application Scenarios of SOL CoinSOL coin serves multiple functions within the Solana...
What should I do if the AERO coin transaction delay is high? What are the tips for network optimization?
May 21,2025 at 07:35am
If you are experiencing high transaction delays with AERO coins, there are several steps you can take to understand and mitigate the issue. Transaction delays can be caused by various factors, including network congestion, wallet issues, or problems with the blockchain itself. In this article, we will explore the reasons behind high transaction delays a...
Is there a limit on the trading time of AERO coins? Can it be bought and sold 24 hours a day?
May 21,2025 at 01:21am
The AERO coin, like many other cryptocurrencies, operates on a decentralized network, which means it is not bound by traditional market hours. This raises the question of whether there is a limit on the trading time of AERO coins and if they can be bought and sold 24 hours a day. In this article, we will explore the trading availability of AERO coins, t...
Does AERO coin trading require KYC certification? Is anonymous trading feasible?
May 21,2025 at 05:14am
Introduction to AERO CoinAERO coin is a cryptocurrency that has garnered attention within the crypto community for its potential and features. As with many digital assets, one of the key concerns for traders is the level of privacy and anonymity they can maintain while trading. This article will delve into whether trading AERO coin requires KYC (Know Yo...
What are the AERO coin trading pairs? Can mainstream currencies be exchanged?
May 24,2025 at 12:35am
The AERO coin, also known as Aergo, is a blockchain platform designed to facilitate the development and deployment of decentralized applications (DApps). Trading pairs for AERO coins are crucial for investors and traders looking to exchange their assets. In this article, we will explore the various trading pairs available for AERO coins and whether main...
What can SOL coin do specifically? What is the method of buying SOL coin?
May 23,2025 at 04:49pm
Introduction to SOL CoinSOL coin is the native cryptocurrency of the Solana blockchain, a high-performance blockchain platform designed to support decentralized applications (dApps) and decentralized finance (DeFi) projects. SOL coin serves multiple functions within the Solana ecosystem, including facilitating transactions, staking, and participating in...
What are the application scenarios of SOL coin? How to buy SOL coin?
May 24,2025 at 05:49am
SOL coin, the native cryptocurrency of the Solana blockchain, has garnered significant attention due to its high throughput and low transaction costs. This article will explore the various application scenarios of SOL coin and provide a detailed guide on how to buy it. Application Scenarios of SOL CoinSOL coin serves multiple functions within the Solana...
What should I do if the AERO coin transaction delay is high? What are the tips for network optimization?
May 21,2025 at 07:35am
If you are experiencing high transaction delays with AERO coins, there are several steps you can take to understand and mitigate the issue. Transaction delays can be caused by various factors, including network congestion, wallet issues, or problems with the blockchain itself. In this article, we will explore the reasons behind high transaction delays a...
Is there a limit on the trading time of AERO coins? Can it be bought and sold 24 hours a day?
May 21,2025 at 01:21am
The AERO coin, like many other cryptocurrencies, operates on a decentralized network, which means it is not bound by traditional market hours. This raises the question of whether there is a limit on the trading time of AERO coins and if they can be bought and sold 24 hours a day. In this article, we will explore the trading availability of AERO coins, t...
Does AERO coin trading require KYC certification? Is anonymous trading feasible?
May 21,2025 at 05:14am
Introduction to AERO CoinAERO coin is a cryptocurrency that has garnered attention within the crypto community for its potential and features. As with many digital assets, one of the key concerns for traders is the level of privacy and anonymity they can maintain while trading. This article will delve into whether trading AERO coin requires KYC (Know Yo...
What are the AERO coin trading pairs? Can mainstream currencies be exchanged?
May 24,2025 at 12:35am
The AERO coin, also known as Aergo, is a blockchain platform designed to facilitate the development and deployment of decentralized applications (DApps). Trading pairs for AERO coins are crucial for investors and traders looking to exchange their assets. In this article, we will explore the various trading pairs available for AERO coins and whether main...
See all articles
