Introduction to the total issuance volume and online exchanges of KMD coin

KMD's notable issuance volume of 140,561,294 KMD is driven by block reward halving, a large pre-mined supply, and the creation of custom blockchains through the Komodo platform.

Oct 02, 2024 at 05:30 pm

1. Overview of KMD Coin

KMD (Komodo) is a privacy-focused cryptocurrency that enables users to create and manage their own custom blockchains. It offers anonymity, fungibility, and a suite of developer tools.

2. Total Issuance Volume

As of September 2023, the total issuance volume of KMD is 140,561,294 KMD.

3. Online Exchanges

KMD is currently listed on several major online exchanges, including:

• Binance
• KuCoin
• OKX
• Bittrex
• Huobi

4. Reasons for High Issuance Volume

The significant issuance volume of KMD can be attributed to several factors:

• Block Reward Halving: KMD's block reward halves every 600,000 blocks, resulting in a gradual reduction in issuance.
• Large Circulating Supply: The pre-mined supply of 100 million KMD accounts for a sizable portion of the total issuance.
• Custom Blockchain Creation: Developers can create custom blockchains using Komodo, each with its own unique issuance parameters. This contributes to the overall volume of KMD in circulation.

5. Future Outlook

The future outlook for KMD's issuance volume is uncertain. However, increasing adoption of privacy-focused cryptocurrencies and the growth of custom blockchain development may sustain or even increase the issuance rate.