H2O DAO (H2O) coin issuance price

H2O DAO's initial coin issuance priced at $0.001 sparked investor enthusiasm, generating a successful public sale that sold out its entire coin allocation.

Dec 22, 2024 at 01:07 am

H2O DAO (H2O) Coin Issuance Price

Key Points

• H2O DAO is a decentralized autonomous organization (DAO) focused on developing and promoting sustainable water solutions.
• H2O coins were issued through a public sale at a price of $0.001 per coin.
• The H2O coin is used to fund water-related projects and services, providing a unique opportunity for investors to support the adoption of sustainable water practices.

H2O DAO Coin Issuance Price

H2O DAO launched its public sale on May 10th, 2023, with an initial issuance price of $0.001 per coin. The sale was conducted in two phases: a private pre-sale and a public sale. During the pre-sale, a limited number of H2O coins were offered to early investors at a reduced price of $0.0008 per coin. The public sale followed, where a larger number of coins were made available at the issuance price of $0.001 per coin. The public sale concluded on June 10th, 2023, after selling out its entire allocation of coins.

Coin Use and Benefits

The H2O coin is not only a token for investment but also a functional utility token within the H2O DAO ecosystem. The coin serves several purposes, including:

• Funding Water Projects: The primary use case of H2O coins is to fund water-related projects and services. DAO members can submit proposals for projects that address water sustainability issues, and H2O coins are used to vote on and fund these initiatives through a decentralized governance process.
• Rewarding Participation: DAO members who actively participate in governance, contribute to discussions, and fulfill tasks within the community are eligible for rewards in the form of H2O coins.
• Access to Exclusive Services: H2O coins provide access to exclusive services within the DAO, including participation in special events, early access to new products and services, and voting rights on important decisions.

Token Distribution

The total supply of H2O coins is 1 billion, with an initial distribution as follows:

• Public Sale: 50% of the total supply, sold during the public sale.
• Private Sale: 10% of the total supply, sold during the private pre-sale.
• Team and Advisors: 15% of the total supply, allocated to the H2O DAO team and advisors.
• Ecosystem Fund: 10% of the total supply, reserved for ongoing development and ecosystem growth.
• Community Reserve: 10% of the total supply, held for future community initiatives and governance decisions.

FAQs

Q: What is the value proposition of H2O DAO and its coin?
A: H2O DAO provides a unique opportunity to support sustainable water solutions through a decentralized, community-driven model. By investing in H2O coins, investors can both support the DAO's mission and potentially benefit financially from the growth and adoption of water sustainability initiatives.

Q: How is the H2O coin price determined?
A: The H2O coin price is determined by market forces and supply and demand dynamics on cryptocurrency exchanges. The public sale price of $0.001 per coin was established based on the token's utility, potential value, and the supply and demand dynamics at the time of the sale.

Q: Where can I buy H2O coins?
A: H2O coins are available for purchase on several cryptocurrency exchanges, including Uniswap, Hotbit, and Gate.io.