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

The initial issuance of NULS coins totaled 60 million coins, sold at a price of $0.25 each in a public sale in March 2018.

Nov 27, 2024 at 09:32 pm

What is the Issuance Price and Issuance Volume of NULS Coins?

NULS is a blockchain platform that allows developers to create and deploy their own blockchain applications. The NULS coin is the native token of the NULS platform and is used to pay for transaction fees, create smart contracts, and issue new coins.

Issuance Price

The NULS coin was initially issued through a public sale that took place in March 2018. The initial issuance price of NULS was $0.25 per coin. The public sale raised a total of $25 million.

Issuance Volume

The total issuance volume of NULS coins is 100 million coins. Of this total, 60 million coins were initially issued through the public sale. The remaining 40 million coins are reserved for the NULS Foundation and the NULS team.

The NULS Foundation is a non-profit organization that promotes the development and adoption of the NULS platform. The NULS team is responsible for the development and maintenance of the NULS platform.

Distribution of NULS Coins

The distribution of NULS coins is as follows:

  • 60% - Public Sale
  • 20% - NULS Foundation
  • 20% - NULS Team

Uses of NULS Coins

NULS coins can be used to:

  • Pay for transaction fees
  • Create smart contracts
  • Issue new coins
  • Vote on NULS platform governance decisions

Conclusion

The NULS coin is the native token of the NULS platform. The NULS coin was initially issued through a public sale in March 2018. The initial issuance price of NULS was $0.25 per coin. The public sale raised a total of $25 million. The total issuance volume of NULS coins is 100 million coins. Of this total, 60 million coins were initially issued through the public sale. The remaining 40 million coins are reserved for the NULS Foundation and the NULS team.

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