What is the issuance price of H2O DAO (H2O) coins?

Priced at $0.01 per coin, the H2O DAO (H2O) coin went public on August 31st, 2022, through IDOs on MEXC, Gate.io, and KuCoin, with a total supply of 500 million.

Dec 23, 2024 at 08:11 pm

Key Points:

• Issuance Price: $0.01 per H2O coin
• Public Issuance: August 31st, 2022
• Total Supply: 500 million H2O coins
• IDO Platforms: MEXC, Gate.io, and KuCoin

H2O DAO (H2O) Coin Issuance Price

The H2O DAO (H2O) coin was issued at a price of $0.01 per H2O coin. This was determined through careful consideration of the project's market valuation, expected demand, and potential for long-term growth.

Public Issuance Date

The H2O coin was first offered to the public through an Initial DEX Offering (IDO) on three major exchanges: MEXC, Gate.io, and KuCoin. The IDO commenced on August 31st, 2022, and allowed early investors to acquire H2O coins before they became widely available on exchanges.

Total Supply of H2O Coins

The total supply of H2O coins is limited to 500 million. This fixed supply ensures the scarcity of the coin and helps to maintain its value over time.

IDO Platforms

The H2O DAO IDO was conducted through three reputable cryptocurrency exchanges:

• MEXC Global: MEXC is a top-tier cryptocurrency exchange with over 10 million registered users. It offers a user-friendly platform and a wide range of trading pairs.
• Gate.io: Gate.io is another leading cryptocurrency exchange with over 8 million users worldwide. It is known for its low trading fees and extensive support for altcoins.
• KuCoin: KuCoin is a rapidly growing cryptocurrency exchange with over 10 million active users. It provides a wide variety of trading options, including spot trading, margin trading, and futures.

Frequently Asked Questions (FAQs)

Q: What is the minimum purchase amount for the H2O IDO?
A: The minimum purchase amount for the H2O IDO varies depending on the exchange. On MEXC, the minimum purchase amount was 100 H2O coins.

Q: What is the vesting period for H2O coins?
A: The H2O coins purchased through the IDO are subject to a 12-month vesting period. This means that the coins cannot be sold or transferred within that timeframe.

Q: Can I buy H2O coins on other exchanges besides MEXC, Gate.io, and KuCoin?
A: Yes, the H2O coin is expected to be listed on additional cryptocurrency exchanges in the near future. However, the IDO was exclusive to these three platforms.

Q: What are the uses of H2O coins?
A: H2O coins are the native utility token of the H2O DAO ecosystem. They can be used to:

• Govern the H2O DAO and participate in decision-making.
• Pay for services within the H2O ecosystem.
• Stake to earn rewards and privileges.
• Access exclusive features and benefits within the H2O platform.