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

Meticulously orchestrated by Carriots, CTSI's native cryptocurrency, CTSI coin, was issued through a private token sale at $0.025 per coin, followed by a public sale at the same price, distributing coins widely among the crypto community.

Nov 24, 2024 at 06:11 pm

Understanding CTSI Coin Issuance Parameters

Carriots, the driving force behind the CTSI network, meticulously orchestrated the issuance of its native cryptocurrency, CTSI coin, adhering to a well-defined strategy.

1. Understanding Issuance Price: Establishing a Starting Point

a) CTSI Coin's Genesis: Tracing the Coin's Inception

At the dawn of CTSI's existence, its inaugural offering to the public took place in a private token sale. This exclusive event welcomed a select group of investors, who seized the opportunity to acquire CTSI coins at a price of $0.025 per coin. This private sale laid the foundation for CTSI's subsequent market presence.

b) Public Launch: Expanding Accessibility

Following the private sale, CTSI coins embarked on their journey into the broader cryptocurrency ecosystem. In a public token sale open to all, CTSI coins were made available at the same price of $0.025 per coin. This public sale garnered widespread participation, further distributing CTSI coins among the crypto community.

2. Issuance Volume: Delving into Token Distribution

a) Circulating Supply: Measuring Active Coins

The total number of CTSI coins currently in circulation amounts to approximately 675 million coins. These circulating coins represent the portion of the total supply that is actively traded in the market, influencing the coin's price and liquidity.

b) Total Supply: Envisioning Future Potential

CTSI's total supply is capped at 10 billion coins. This finite supply instills a sense of scarcity, contributing to the coin's perceived value. The remaining uncirculated coins serve as a reserve for future developments and initiatives within the CTSI ecosystem.

3. Allocation of CTSI Coins: Exploring Diverse Interests

CTSI coin distribution was strategically planned to align with the project's long-term goals and the interests of various stakeholders.

a) Initial Allocation: Nurturing the Foundation

A significant portion of CTSI coins was initially allocated to core team members, advisors, and early investors who played pivotal roles in the project's development and promotion.

b) Token Sale Distribution: Empowering the Community

Public and private token sales accounted for a substantial portion of CTSI's distribution. These sales provided individuals with the opportunity to acquire coins, fostering community ownership and support.

c) Ecosystem Development: Fueling Growth

A sizable allocation of CTSI coins was set aside to support ecosystem development. These coins will be utilized to incentivize developers, fund research, and expand the CTSI network's capabilities.

4. CTSI's Value Proposition: Unveiling Intrinsic Worth

The value of CTSI coins stems from their utility within the CTSI ecosystem. CTSI coins serve as:

a) Governance Tokens: Empowering Holders

CTSI coin holders are granted governance rights, enabling them to participate in decision-making processes that shape the future of the CTSI network.

b) Transaction Fees: Facilitating Network Operations

CTSI coins are employed as transaction fees for data transmission, oracle services, and other activities within the CTSI ecosystem.

c) Staking Rewards: Incentivizing Participation

CTSI coin holders can stake their coins to contribute to network security and earn rewards for their participation.

5. Future Issuance: Adapting to Evolving Needs

As the CTSI ecosystem evolves, the project team may consider future issuance of CTSI coins to support new initiatives, expand the network's capabilities, or respond to changing market conditions. Such issuance would be subject to careful consideration and thorough due diligence.