What is the issuance price and issuance volume of Artrade (ATR) coins?

Artrade's ATR cryptocurrency, issued at $0.05 in its 2018 ICO, aims to drive global trade with a 50% reserve for future ecosystem growth.

Jan 02, 2025 at 09:08 pm

Key Points:

• Artrade (ATR) is a cryptocurrency designed to facilitate global trade and commerce.
• The issuance price of ATR coins was $0.05 during its Initial Coin Offering (ICO) in 2018.
• The total issuance volume of ATR coins was 10 billion, with 50% allocated for the ICO and the remaining 50% held in reserve by the Artrade Foundation.

Detailed Content:

1. What is Artrade (ATR)?

Artrade (ATR) is a blockchain-based platform that aims to revolutionize global trade by providing a secure, transparent, and cost-effective way for businesses and consumers to exchange goods and services. The ATR cryptocurrency is the native token of the Artrade platform and is used to facilitate transactions, pay fees, and participate in the ecosystem's governance.

2. Issuance Price of ATR Coins

The issuance price of ATR coins during the ICO was $0.05. The ICO was conducted in two rounds, with the first round raising $15 million and the second round raising $12 million. A total of 300 million ATR coins were sold during the ICO, representing 50% of the total issuance volume.

3. Issuance Volume of ATR Coins

The total issuance volume of ATR coins is 10 billion, with 5 billion coins allocated for the ICO and 5 billion coins held in reserve by the Artrade Foundation. The reserved coins will be used to support the long-term development of the Artrade ecosystem, including funding partnerships, community initiatives, and technical advancements.

4. Distribution of ATR Coins

After the ICO, the distribution of ATR coins is as follows:

• ICO participants: 300 million coins (3%)
• Team and advisors: 200 million coins (2%)
• Reserve fund: 5 billion coins (50%)
• Community development and marketing: 1 billion coins (10%)
• Ecosystem partners: 1 billion coins (10%)

5. Use Cases of ATR Coins

ATR coins have several use cases within the Artrade ecosystem, including:

• Transaction fees: ATR coins are used to pay fees for transactions conducted on the Artrade platform.
• Governance: ATR coin holders can participate in the governance of the Artrade ecosystem by voting on proposals and electing representatives to the Artrade Foundation.
• Staking: ATR coin holders can stake their coins to earn rewards and contribute to the security of the network.

6. Exchanges Where ATR Coins Can Be Traded

ATR coins can be traded on several cryptocurrency exchanges, including:

• Binance
• KuCoin
• Bittrex
• Uniswap

FAQs:

Q1. What is the current price of ATR coins?

A1. The current price of ATR coins can be found on cryptocurrency exchanges such as Binance and KuCoin.

Q2. How do I buy ATR coins?

A2. You can buy ATR coins on cryptocurrency exchanges such as Binance and KuCoin.

Q3. How do I use ATR coins?

A3. ATR coins can be used to pay transaction fees, participate in governance, stake, and purchase goods and services on the Artrade platform.

Q4. What is the future of ATR coins?

A4. The future of ATR coins depends on the success of the Artrade platform and its adoption by businesses and consumers.