When was the Ancient8 (A8) coin issued?

Initial dex offering (IDO) for Ancient8 Coin (A8) occurred on June 22, 2022, marking the token's official issuance on multiple launchpads including GameFi, Seedify, and Binance NFT.

Dec 21, 2024 at 10:17 pm

Key Points:

• Ancient8 Coin (A8) Issuance Date
• Launchpad and Initial Dex Offering (IDO) Details
• Fund Raising and Token Distribution
• Strategic Investors and Partnerships
• A8 Tokenomics and Use Cases

When was the Ancient8 (A8) Coin Issued?

The Ancient8 Coin (A8) had its initial dex offering (IDO) on June 22, 2022, on multiple launchpads including GameFi, Seedify, and Binance NFT. This marked the official issuance of the token.

Launchpad and Initial Dex Offering (IDO) Details

The A8 IDO was conducted across various launchpads to ensure wide distribution and accessibility. Here are the key details of each launchpad:

• GameFi: Sold 6% of the total supply at a price of $0.06 per token.
• Seedify: Sold 5% of the total supply at a price of $0.06 per token.
• Binance NFT: Allocated a pool of 4% of the total supply for its community.

Fund Raising and Token Distribution

The IDO raised a total of $3 million, exceeding the initial target. The tokens were distributed as follows:

• Seed round: 20% of the total supply
• Public sale: 30% of the total supply
• Advisors and team: 10% of the total supply
• Ecosystem and liquidity: 20% of the total supply
• Reserve: 20% of the total supply

Strategic Investors and Partnerships

Ancient8 secured strategic investments from notable venture capital firms and industry leaders, including:

• SkyVision Capital
• Mechanism Capital
• x21 Digital
• SNZ
• Kyber Ventures

Additionally, the project has established partnerships with several gaming platforms and guilds, including:

• Mythical Games
• Sandbox
• Yield Guild Games
• Merit Circle

A8 Tokenomics and Use Cases

The A8 token is a multi-utility token that powers the Ancient8 ecosystem and serves various purposes:

• Governance: Holders can participate in governance decisions through decentralized voting.
• Staking: Staking A8 tokens earns rewards and boosts platform privileges.
• Gamification: A8 tokens are used as in-game currency and rewards within Ancient8 games.
• Marketplace: A8 tokens facilitate transactions in the Ancient8 marketplace for buying and selling NFTs.
• Ecosystem development: Funds raised through token sales will be used for ecosystem development and growth initiatives.

FAQs

• When is Ancient8 mainnet launch?
  The Ancient8 mainnet launch is scheduled for Q1 2023.
• What is the total supply of A8 tokens?
  The total supply of A8 tokens is 1 billion.
• Where can I buy A8 tokens?
  A8 tokens are available for purchase on multiple cryptocurrency exchanges including Binance, PancakeSwap, and Huobi.
• What is the future of Ancient8 and A8 tokens?
  Ancient8 aims to establish a comprehensive gaming ecosystem that includes play-to-earn games, NFTs, and a launchpad. The success of the ecosystem and the adoption of A8 tokens will drive their future value.