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What is the issuance and circulation of Hippocrat (HPO) coins?

The HPO token, launched through an ICO in 2021, has a total supply of 1 billion, 20% initially allocated to the public offering, 30% to the development team, and 50% reserved for future ecosystem advancements.

Dec 26, 2024 at 11:56 pm

The Issuance and Circulation of Hippocrat (HPO) Coins

Key Points:

  • The Hippocrat (HPO) token is a decentralized digital currency powered by blockchain technology.
  • HPO tokens were initially issued through an Initial Coin Offering (ICO) in 2021.
  • The HPO token supply is limited to 1 billion tokens, with 20% allocated to the ICO, 30% to the development team, and 50% reserved for the future ecosystem and development.
  • HPO tokens are currently traded on several cryptocurrency exchanges, including Uniswap and Gate.io.

Issuance:

The HPO token was launched through an Initial Coin Offering (ICO) in September 2021. During the ICO, 200 million tokens were offered for sale to the public at a price of $0.10 per token. The ICO raised a total of $20 million, which funded the development and launch of the HPO ecosystem.

Total Token Supply:

The total supply of HPO tokens is capped at 1 billion tokens. Of this supply, 20% (200 million tokens) were allocated to the ICO, 30% (300 million tokens) were allocated to the development team, and 50% (500 million tokens) were reserved for the future ecosystem and development.

Token Distribution:

The HPO token distribution is as follows:

  • ICO: 20% (200 million tokens)
  • Development team: 30% (300 million tokens)
  • Future ecosystem and development: 50% (500 million tokens)

Circulation:

HPO tokens are currently in circulation on several cryptocurrency exchanges, including Uniswap and Gate.io. The current circulating supply of HPO tokens is approximately 350 million tokens. The remaining tokens are held in reserve by the development team and the Hippocrat Foundation.

FAQs:

  • What is the purpose of the Hippocrat (HPO) token?

    • HPO tokens are used to power the Hippocrat ecosystem, including payment for healthcare services, access to medical records, and governance of the Hippocrat platform.
  • How can I buy HPO tokens?

    • HPO tokens can be purchased on cryptocurrency exchanges such as Uniswap and Gate.io.
  • What is the future of the Hippocrat (HPO) token?

    • The future of the HPO token is tied to the growth and adoption of the Hippocrat ecosystem. As the Hippocrat platform becomes more widely adopted, the demand for HPO tokens is expected to increase.

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