What is the issuance price and issuance volume of Virtuals Protocol (VIRTUAL) coins?

The issuance price of Virtuals Protocol (VIRTUAL) coins was initially set at $0.05 during its ICO, with a total issuance volume capped at 10 billion tokens.

Dec 02, 2024 at 08:08 pm

What is the issuance price and issuance volume of Virtuals Protocol (VIRTUAL) coins?

Issuance Price of Virtuals Protocol (VIRTUAL) Coins

The issuance price of Virtuals Protocol (VIRTUAL) coins was initially set at $0.05 per VIRTUAL token during its initial coin offering (ICO) in May 2021.
The ICO offered a total of 1 billion VIRTUAL tokens for sale, and approximately 50% of the tokens were sold خلال the ICO.
The remaining unsold tokens were distributed to the Virtuals Protocol team, advisors, and community members.

Issuance Volume of Virtuals Protocol (VIRTUAL) Coins

The total issuance volume of Virtuals Protocol (VIRTUAL) coins is capped at 10 billion tokens.
Out of the 10 billion tokens, 5 billion tokens were created during the ICO, and the remaining 5 billion tokens will be released gradually over time through various mechanisms, such as mining rewards, staking rewards, and community initiatives.
The issuance volume of VIRTUAL coins is designed to ensure the long-term stability and sustainability of the Virtuals Protocol ecosystem.

Other Key Points Related to VIRTUAL Coin Issuance

The issuance of VIRTUAL coins is governed by a set of smart contracts on the Ethereum blockchain.
These smart contracts ensure the transparency and immutability of the issuance process.
The issuance of VIRTUAL coins is also subject to regular audits by independent third-party auditors to ensure compliance with all applicable laws and regulations.

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