What is the issuance amount of Neutron (NTRN) coins?

Neutron (NTRN) boasts a fixed issuance amount of 100,000,000 coins, distributed across ecosystem development, team compensation, and various funding initiatives.

Dec 10, 2024 at 06:28 pm

What is the issuance amount of Neutron (NTRN) coins?

Neutron (NTRN) is a decentralized blockchain platform that provides secure and efficient infrastructure for decentralized applications (dApps). The NTRN token is the native utility token of the Neutron platform and is used to power transactions, pay for network fees, and participate in the governance of the network.

The total issuance amount of Neutron (NTRN) coins is 100,000,000 NTRN. The token distribution is as follows:

• 40% - Ecosystem Fund
• 25% - Team and Advisors
• 20% - Private Sale
• 10% - Public Sale
• 5% - Marketing and Partnerships

The Ecosystem Fund is used to support the development of the Neutron ecosystem, including funding research and development, marketing and outreach, and community engagement. The Team and Advisors allocation is used to compensate the team and advisors for their contributions to the project. The Private Sale allocation was sold to private investors to raise funds for the development of the Neutron platform. The Public Sale allocation was sold to the public through a token sale to raise funds for the development of the Neutron platform. The Marketing and Partnerships allocation is used to fund marketing and partnership initiatives to promote the adoption of the Neutron platform.

The NTRN token is a vital part of the Neutron ecosystem and is used to power a variety of network functions. The token is used to pay for transaction fees, which are required to process transactions on the Neutron network. NTRN tokens are also used to pay for storage fees, which are required to store data on the Neutron network. Additionally, NTRN tokens can be used to participate in the governance of the Neutron network. NTRN token holders can vote on proposals that affect the development and direction of the Neutron platform.

Here are some additional details about the issuance amount of Neutron (NTRN) coins:

• The total issuance amount of NTRN coins is fixed and cannot be changed.
• The NTRN token is a utility token and does not represent a share in the Neutron company or its profits.
• The NTRN token is not intended to be used as an investment or security.
• The NTRN token is a highly speculative investment and its value can fluctuate significantly.
• Investors should exercise caution and conduct their own research before investing in NTRN tokens.