What is the issuance price and issuance volume of ASTR coins?

During its initial coin offering (ICO) in March 2021, ASTR coins debuted at an issuance price of $0.000001.

Nov 16, 2024 at 09:32 pm

Issuance Price and Volume of ASTR Coins

Introduction

ASTR coins are the native cryptocurrency of the Star Atlas metaverse, a cutting-edge gaming and social platform that combines elements of exploration, strategy, and finance. ASTRA serves as the in-game currency for the Star Atlas ecosystem, allowing players to purchase assets, upgrade their spaceships, and participate in various gameplay mechanics.

Issuance Price

The initial issuance price of ASTR coins was $0.000001 during the project's initial coin offering (ICO) in March 2021.

Issuance Volume

The total issuance volume of ASTR coins is capped at 100,000,000,000,000,000. This vast supply ensures that the coin maintains a high level of liquidity while providing ample room for future growth and expansion.

Detailed Explanation

The issuance of ASTR coins follows a carefully designed schedule and distribution mechanism:

Initial Coin Offering (ICO)

Issue Price: $0.000001
Volume: 2,500,000,000,000 ASTRA (2.5%)

Seed Round

Issue Price: Undisclosed
Volume: 5,000,000,000,000 ASTRA (5%)

Private Round

Issue Price: Undisclosed
Volume: 7,500,000,000,000 ASTRA (7.5%)

Public Sale

Issue Price: $0.000001
Volume: 40,000,000,000,000 ASTRA (40%)

Treasury

Volume: 15,500,000,000,000 ASTRA (15.5%)
Reserved for future development, partnerships, and ecosystem support

Founders and Strategic Advisors

Volume: 14,000,000,000,000 ASTRA (14%)
Vested over a four-year period

Team

Volume: 10,500,000,000,000 ASTRA (10.5%)
Vested over a three-year period

Community Incentives

Volume: 2,000,000,000,000 ASTRA (2%)
Distributed through airdrops, competitions, and community events

Additional Considerations

The total supply of ASTR coins is fixed and cannot be increased.
The issuance schedule ensures a gradual release of coins into the market, preventing excessive volatility and ensuring a steady supply.
The distribution mechanism is designed to reward early investors, the development team, and active community members.

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