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What is the issuance price and issuance amount of Oasys (OAS) coins?
Oasys (OAS) coins, initially priced at $0.12 and issued in a quantity of 10 billion, present a unique investment opportunity in the gaming blockchain realm.
Dec 20, 2024 at 11:12 am
Key Points:
- Issuance price and amount are crucial factors in assessing the initial value of a cryptocurrency.
- Oasys (OAS) is a unique blockchain platform targeting the gaming industry.
- Understanding the issuance details of OAS coins provides insights into the project's valuation and potential returns.
Issuance Price and Amount of Oasys (OAS) Coins
- Issuance Price: The initial issuance price of OAS coins was set at $0.12 per coin.
- Issuance Amount: A total of 10 billion OAS coins were issued during the initial public offering (IPO).
Additional Issuance Details:
- Lock-up Period: 25% of the issued OAS coins were subject to a lock-up period of 6 months.
- Vesting Schedule: The remaining 75% of OAS coins underwent a linear vesting schedule over a period of 3 years.
Token Allocation: The OAS coins were allocated as follows:
- 40% to the Oasys ecosystem
- 30% to early investors
- 20% to the team and advisors
- 10% for community growth
Impact on Value
- The low issuance price of $0.12 made OAS coins accessible to a wide range of investors.
- The high supply of 10 billion coins potentially affects the long-term value, as a greater number of coins in circulation can dilute the price.
- The lock-up period and vesting schedule aim to stabilize the supply and prevent excessive price volatility.
Comparison with Other Gaming Cryptocurrencies
- Gala (GALA): Issuance price of $0.0024, circulating supply of 35 billion coins.
- Enjin (ENJ): Issuance price of $0.12, circulating supply of 1.1 billion coins.
- The Sandbox (SAND): Issuance price of $0.084, circulating supply of 3 billion coins.
Oasys' Unique Features
- Oasys is a layer-2 blockchain optimized for gaming and metaverse applications.
- It features ultra-fast transaction speeds, low latency, and customizable sidechains.
- Oasys has partnered with leading game developers such as Bandai Namco and Sega.
FAQs:
What is the purpose of Oasys?
- To provide a high-performance blockchain infrastructure for the gaming industry.
Why is Oasys important?
- It addresses scalability and latency issues faced by traditional blockchain platforms in gaming environments.
What is the potential of OAS coins?
- The value of OAS coins depends on the adoption and success of the Oasys platform in the gaming industry.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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