What is the issuance and circulation of APX (APX) coins?

With a circulating supply of approximately 378 million APX coins as of 2023, the CEEK metaverse ecosystem offers users access to exclusive content and experiences.

Dec 23, 2024 at 07:48 pm

Key Points:

• APX coin is a utility token of the CEEK metaverse ecosystem, providing access to premium content, experiences, and services.
• The APX coin has a total issuance of 1 billion tokens and a circulating supply of approximately 378 million as of 2023.
• The APX coin can be purchased on various cryptocurrency exchanges, including Coinbase, Binance, and Huobi.

Issuance of APX Coins:

• The initial APX coin issuance consisted of 1 billion tokens during the project's initial coin offering (ICO) in 2019.
• Out of the total issued supply, 30% was allocated to the public sale, 20% to the team, 20% to the ecosystem, 15% to advisors, and 15% to reserves.
• The APX coins distributed to the public and the advisors were subject to a vesting period to ensure the stability of the token price and market.

Circulation of APX Coins:

• The circulating supply of APX coins represents the number of tokens that are in the market and available for trading.
• As of 2023, approximately 378 million APX coins are in circulation, which represents a significant increase from the initial issuance.
• The issuance and circulation of APX coins are governed by the CEEK team to maintain the token's utility and value within the CEEK ecosystem.

Purchasing APX Coins:

• APX coins can be purchased on various cryptocurrency exchanges, including:

  • Coinbase: One of the largest and most trusted cryptocurrency exchanges.
  • Binance: The world's largest cryptocurrency exchange by trading volume.
  • Huobi: A leading cryptocurrency exchange with a strong presence in Asia.
• To purchase APX coins on an exchange, users must create an account, complete the identity verification process, and deposit funds into their account.
• After completing these steps, users can navigate to the APX trading pair and execute their desired buy order.

FAQs:

• What is the purpose of APX coins?
  APX coins serve as the utility token of the CEEK metaverse ecosystem, providing users with access to premium content, experiences, and services, including VR concerts, live events, and interactive games.
• Where can I find more information about APX coins?
  Official information about APX coins can be found on the CEEK website (https://ceek.io/). Additionally, CoinMarketCap (https://coinmarketcap.com/currencies/ceek/) provides comprehensive data and insights on APX coin prices, market capitalization, and trading volume.
• Is APX coin a good investment?
  The decision of whether or not APX coin is a good investment depends on various factors, such as the user's individual investment goals, risk tolerance, and market conditions. It is recommended to conduct thorough research and due diligence before investing in any cryptocurrency.