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KAS coin issuance price and total issuance volume in one article
KAS, KardiaChain's native currency, was initially issued at $0.02 during its 2018 public sale, with a total issuance volume of 3 billion coins.
Oct 01, 2024 at 01:42 am
KAS Coin Issuance Price and Total Issuance Volume
KAS, or KardiaChain's native currency, plays a crucial role within the KardiaChain ecosystem, enabling a range of functions such as:
Key Functions of KAS:
- Transaction Fees: KAS is utilized to pay for transaction fees within the KardiaChain network.
- Staking: KAS holders can stake their coins to secure the network and earn rewards.
- Governance: KAS holders participate in network governance by voting on proposals.
- Access to Services: Certain services within the KardiaChain ecosystem may require KAS for access.
Issuance Price and Total Issuance Volume:
KAS was initially issued at a price of $0.02 during its public sale in 2018. The total issuance volume of KAS is 3,000,000,000 coins.
Of the total issuance volume:
- 10% (300,000,000 KAS) was allocated to the public sale.
- 30% (900,000,000 KAS) was allocated to the KardiaChain team and advisors.
- 60% (1,800,000,000 KAS) was reserved for ecosystem development, rewards, and future token sales.
Distribution Plan:
The distribution of KAS is planned to occur gradually over a period of time, according to the following schedule:
- 10% - Distributed during the initial public sale (Public Sale)
- 20% - Distributed within the first two years after launch (Early Contributors)
- 20% - Distributed within years 3 and 4 after launch (Core Team and Advisors)
- 50% - Reserved for future ecosystem development and rewards (Ecosystem Development)
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
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