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What is the issuance price and issuance volume of STRK coins?
STRK coins were initially offered at an issuance price of $0.0025 USD during their ICO on February 26, 2020, with a total issuance volume of 200,000,000 coins.
Nov 15, 2024 at 05:18 pm
What is the issuance price and issuance volume of STRK coins?
Issuance Price:
The issuance price of STRK coins refers to the initial price at which they were offered to the public during the initial coin offering (ICO). The ICO for STRK coins took place on February 26, 2020, and the issuance price was set at $0.0025 USD per STRK coin.
Issuance Volume:
The issuance volume of STRK coins refers to the total number of coins that were created and distributed during the ICO. According to the STRK whitepaper, a total of 200,000,000 STRK coins were issued during the ICO.
Additional Information:
- The STRK ICO raised a total of $500,000 USD.
- The STRK coins are based on the Ethereum blockchain and are compliant with the ERC-20 token standard.
- STRK coins can be used to purchase goods and services on the StrikeX platform.
- The StrikeX platform is a decentralized marketplace that allows users to buy and sell products and services using cryptocurrency.
- STRK coins are also used to reward users for participating in the StrikeX ecosystem.
Steps to Calculate the Issuance Price and Issuance Volume of STRK Coins:
- Determine the initial price of STRK coins during the ICO. This information can be found in the STRK whitepaper or on the official STRK website.
- Multiply the initial price of STRK coins by the total number of coins issued during the ICO. This will give you the total amount of money raised during the ICO.
- Divide the total amount of money raised during the ICO by the total number of coins issued during the ICO. This will give you the issuance price of STRK coins.
Example:
Let's say that the initial price of STRK coins during the ICO was $0.0025 USD and the total number of coins issued during the ICO was 200,000,000.
Issuance Price = (Initial Price * Total Number of Coins Issued) / Total Number of Coins Issued
Issuance Price = (0.0025 USD * 200,000,000) / 200,000,000
Issuance Price = 0.0025 USDTherefore, the issuance price of STRK coins was $0.0025 USD.
Conclusion:
The issuance price and issuance volume of STRK coins are important factors to consider when evaluating the investment potential of this cryptocurrency. By understanding these concepts, investors can make more informed decisions about whether or not to invest in STRK coins.
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