ViciCoin (VCNT) coin issuance price and issuance quantity introduction

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.