What is the issue price of ANKR coins? An introduction to the issue price and issuance quantity of ANKR coins

During its ICO in 2018, ANKR coins were initially issued at a price of $0.08, with 50 million tokens sold.

Oct 02, 2024 at 10:35 am

What is the Issue Price of ANKR Coins? Understanding the Issuance Details

ANKR is a blockchain platform that provides decentralized infrastructure and computing services. The platform's native token, ANKR, plays a vital role in the network's operations. The issue price and issuance quantity of ANKR coins are key factors that shape the token's value and distribution.

1. Initial Coin Offering (ICO) Issue Price

• The ANKR ICO was held from November 26 to November 29, 2018.
• The issue price of the ANKR coin was initially set at $0.08.
• During the ICO, a total of 50 million ANKR tokens were sold.

2. Post-ICO Distribution

• After the ICO, 50% of the total ANKR supply (approximately 10 billion tokens) was distributed to the community through various means, including airdrops and staking rewards.
• The remaining 50% (approximately 10 billion tokens) were allocated for the project's development, team, and ecosystem growth.

3. Current Market Price

• The current market price of ANKR coins is influenced by various factors such as supply and demand, market conditions, and project updates.
• The price can be tracked on popular cryptocurrency platforms and exchanges.

4. Issuance Quantity

• The ANKR project has a total issuance quantity of 10 billion coins.
• The total supply is fixed and cannot be increased.
• The limited issuance quantity ensures scarcity and potential appreciation in value.

5. Tokenomics

• The ANKR token has a variety of use cases within the platform, including:

  • Staking: Users can stake ANKR to earn rewards and support the network's security.
  • Payments: ANKR can be used to pay for platform services and applications.
  • Governance: Token holders can participate in governance decisions and influence the future direction of the project.

Conclusion

The issue price of ANKR coins plays a significant role in the token's distribution and initial value. The ICO issue price was $0.08, with 50 million tokens sold. After the ICO, the project distributed half of the total supply to the community, while allocating the remaining for development and ecosystem growth. The current market price reflects market conditions and factors influencing supply and demand. With a limited issuance quantity of 10 billion coins, ANKR's tokenomics are designed to ensure scarcity and potential value appreciation.