What is the issuance and circulation of Ancient8 (A8) coins?

The total supply of Ancient8's native token, A8, is 10 billion, with a circulating supply of around 3.5 billion, available for purchase on cryptocurrency exchanges including Binance and Gate.io.

Dec 23, 2024 at 05:36 am

Key Points

• Ancient8 (A8) is the native token of Ancient8, a decentralized gaming platform.
• A8 coins are used for governance, staking, and in-game purchases.
• The total supply of A8 coins is 10 billion, with a circulating supply of approximately 3.5 billion.
• A8 coins can be purchased on cryptocurrency exchanges such as Binance and Gate.io.

Issuance and Circulation of A8 Coins

• Issuance: A8 coins were first issued in September 2021 through an initial dex offering (IDO) on the Polygon and Binance Smart Chain networks. The IDO raised approximately $2 million.
• Circulation: The circulating supply of A8 coins is currently approximately 3.5 billion, which represents around 35% of the total supply. The remaining coins are held in reserve by the Ancient8 team and will be gradually released over time.
• Distribution: A8 coins are distributed to users in a variety of ways, including through staking rewards, in-game rewards, and airdrops.

• Utility: A8 coins have a range of utilities within the Ancient8 ecosystem, including:

  • Governance: A8 holders can participate in the governance of the Ancient8 platform, voting on proposals that affect the future development of the platform.
  • Staking: A8 holders can stake their coins to earn rewards and support the security of the network.
  • In-game purchases: A8 coins can be used to purchase in-game items, such as characters, weapons, and skins.

Purchasing A8 Coins

• A8 coins can be purchased on a variety of cryptocurrency exchanges, including:

  • Binance
  • Gate.io
  • MEXC
  • Uniswap
  • PancakeSwap
• To purchase A8 coins, users can simply create an account on one of these exchanges and deposit funds into their account. They can then use these funds to purchase A8 coins at the current market price.

FAQs

• What is the total supply of A8 coins?

  • The total supply of A8 coins is 10 billion.

• What is the circulating supply of A8 coins?

  • The circulating supply of A8 coins is currently approximately 3.5 billion.

• Where can I purchase A8 coins?

  • A8 coins can be purchased on cryptocurrency exchanges such as Binance, Gate.io, MEXC, Uniswap, and PancakeSwap.

• What are the utilities of A8 coins?

  • A8 coins can be used for governance, staking, and in-game purchases.

• How can I earn A8 coins?

  • A8 coins can be earned through staking, in-game rewards, and airdrops.