What is the issuance price and issuance volume of AUDIO coins?

The issuance of AUDIO coins at $0.01 per token set the initial valuation and distribution strategy, contributing to the shaping of its subsequent market dynamics.

Nov 23, 2024 at 06:57 am

AUDIO Coin Issuance: Delving into the Initial Distribution

Issuance Price and Volume: Unveiling the Token's Genesis

The advent of AUDIO coins marked a significant milestone in the evolution of the blockchain ecosystem. Its issuance price and volume played a crucial role in shaping its initial distribution and subsequent market dynamics. Here's an in-depth analysis of these key parameters:

1. Issuance Price: Establishing the Initial Coin Valuation

• The issuance price of AUDIO coins was set at $0.01 per token during its initial coin offering (ICO) held in October 2018.
• This price represented the initial valuation of AUDIO coins as determined by the project team and early investors.
• The issuance price set the initial benchmark for subsequent trades and market fluctuations.

2. Issuance Volume: Distributing the Token Supply

• The initial issuance volume of AUDIO coins was 400,000,000 tokens.
• This total supply was distributed among various stakeholders, including project founders, investors, and the public during the ICO.
• The distribution strategy aimed to ensure a fair allocation of tokens and create a diverse investor base.

Tokenomics: Exploring the Distribution Allocation

3. Seed and Private Sale Rounds: Nurturing Early Support

• A portion of the AUDIO coin supply was allocated to seed and private investors who provided early funding and support to the project.
• These rounds aimed to raise capital for project development and secure long-term commitments from investors.

4. Public Sale: Opening Doors to the Crypto Community

• The ICO provided an opportunity for the general public to participate in the issuance process.
• The public sale allowed individuals to purchase AUDIO coins at the issuance price, contributing to the project's funding and growing its user base.

5. Team and Foundation Allocation: Supporting Long-Term Development

• A significant portion of the AUDIO coin supply was reserved for the project team and foundation.
• This allocation ensured funding for ongoing development, operational expenses, and future initiatives, fostering the project's long-term viability.

Post-Issuance Trajectory: Tracing Market Dynamics

6. Token Listing and Trading: Enabling Market Participation

• After the ICO, AUDIO coins were listed on various cryptocurrency exchanges, making them accessible to a wider range of traders and investors.
• The availability of AUDIO on exchanges facilitated buying, selling, and trading activities, influencing its market price and liquidity.

7. Market Volatility: Responding to Market Forces

• The issuance of AUDIO coins marked the beginning of its market journey, which has been characterized by fluctuations in price due to market demand and supply, regulatory uncertainty, and industry events.
• Volatility is inherent to cryptocurrency markets and has shaped the value of AUDIO coins over time.

8. Ecosystem Development: Supporting Utility and Value

• The development of the AUDIO ecosystem, including its music streaming platform and incentivization mechanisms, has contributed to the coin's utility and value.
• By providing tangible benefits and usage scenarios, the ecosystem has fostered adoption and influenced the market demand for AUDIO coins.