What is the issuance price and issuance volume of Shieldeum (SDM) coins?

Shieldeum's ICO in 2021 issued 1 billion SDM tokens at $0.05 each, with a strategic distribution plan ensuring balanced token allocation.

Dec 13, 2024 at 09:28 am

What is the Issuance Price and Issuance Volume of Shieldeum (SDM) Coins?

Shieldeum (SDM) is a revolutionary blockchain-based platform that empowers users to securely store, manage, and trade their digital assets. At the core of this platform is the SDM token, which plays a pivotal role in facilitating a wide range of transactions and operations within the Shieldeum ecosystem.

Issuance Price

The issuance price of Shieldeum (SDM) coins refers to the initial price at which these tokens were sold to the public during the project's initial coin offering (ICO). This price represents the valuation of the SDM token at the time of its launch and sets a benchmark for its subsequent market value.

• Understanding Token Issuance: ICOs are popular fundraising mechanisms utilized by blockchain projects to raise capital during their early development stages. During an ICO, tokens are typically sold to investors in exchange for fiat currencies or other cryptocurrencies. The issuance price is crucial for investors as it determines the potential return on their investment.
• Shieldeum's ICO and Issuance Price: The Shieldeum project conducted its ICO in 2021, during which 1 billion SDM tokens were issued. The tokens were sold at an issuance price of $0.05 per token, reflecting the project's early-stage valuation and the potential for future growth.

Issuance Volume

The issuance volume of Shieldeum (SDM) coins refers to the total number of tokens that have been created and released into circulation. This volume is a critical factor in determining the supply and demand dynamics of the token, influencing its market price and overall liquidity.

• Token Distribution: Upon the launch of a blockchain project, a certain number of tokens are created and distributed in accordance with the project's tokenomics model. This distribution can include allocations for team members, advisors, investors, and the community.
• Shieldeum's Token Distribution: Shieldeum adopted a strategic token distribution plan that ensured a balanced distribution of SDM tokens. Of the 1 billion tokens issued, 40% were allocated to the public through the ICO, 20% were reserved for the project team and advisors, 20% were designated for ecosystem development, and the remaining 20% were allocated to strategic partnerships.

Conclusion

The issuance price and issuance volume of Shieldeum (SDM) coins are two fundamental aspects of the project's tokenomics model. These parameters play a crucial role in shaping the initial value and supply of SDM tokens, which ultimately influence their market dynamics and the project's long-term success.