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What is the issuance price and issuance volume of ABT coins?
The issuance price of ABT coins during their ICO was $0.0038 USD, and the total issuance volume was 25 billion coins.
Nov 23, 2024 at 10:56 pm
What is the issuance price and issuance volume of ABT coins?
Issuance Price of ABT Coins:
- Understanding Issuance Price: The issuance price of a cryptocurrency represents the initial price at which it was sold to the public during its initial coin offering (ICO). It serves as a critical factor in determining the potential return on investment for early adopters.
- ABT Coin Issuance Price: ABT coins were issued at a price of $0.0038 USD during their ICO, which took place in September 2018. This price was set by the project team based on factors such as the project's value proposition, market demand, and expected future growth.
Issuance Volume of ABT Coins:
- Importance of Issuance Volume: The issuance volume of a cryptocurrency represents the total number of coins created and released into circulation during its initial issuance. It influences the supply and demand dynamics of the coin, affecting its price and market capitalization.
- ABT Coin Issuance Volume: The total issuance volume of ABT coins is 25 billion coins. This volume was determined by the project team to meet the anticipated demand for the coin and support the project's long-term growth and adoption.
Distribution of ABT Coins: The distribution of ABT coins during the ICO was as follows:
- 35% allocated to private investors through private placement
- 30% allocated to the public during the ICO
- 20% reserved for the project team and advisors
- 15% designated for ecosystem development and community growth
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