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What is the issuance price and issuance volume of MANTA coins?
MANTA Network's token sale in 2021 saw the issuance of 1 billion MANTA coins at $0.03 each, raising a total of $21 million through private and public sales.
Nov 17, 2024 at 03:46 pm
What is the Issuance Price and Issuance Volume of MANTA Coins?
Introduction
MANTA Network (MANTA) is a decentralized privacy protocol that enables users to conduct confidential transactions on various blockchains. MANTA uses zero-knowledge proofs (ZKPs) to provide anonymity and fungibility for cryptocurrencies, making them untraceable and indistinguishable from each other.
Issuance Price and Volume
The issuance price and volume of MANTA coins are crucial factors that influence their initial distribution and value. Here's a detailed breakdown:
1. Issuance Price
- The issuance price of MANTA coins refers to the initial price at which they were offered to the public during the token sale.
- MANTA's token sale was conducted in 2021, and the issuance price was set at $0.03 per MANTA coin.
2. Issuance Volume
- The issuance volume of MANTA coins refers to the total number of coins created and issued during the token sale.
- MANTA Network issued a total of 1 billion MANTA coins, representing the maximum supply of the token.
Additional Information
- MANTA coins were distributed to investors through a private sale and a public sale.
- The private sale raised $3 million from strategic investors, while the public sale raised an additional $18 million.
- MANTA coins are currently listed on various cryptocurrency exchanges, including Binance, KuCoin, and Gate.io.
- The price of MANTA coins has fluctuated since its issuance, influenced by market conditions and the adoption of its privacy protocol.
Conclusion
The issuance price and volume of MANTA coins are fundamental parameters that determine their initial distribution and value. Understanding these aspects provides insight into the token's initial offering and its subsequent market performance.
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