-
Bitcoin
$94,737.3934
2.66% -
Ethereum
$3,270.1335
1.70% -
Tether USDt
$0.9998
-0.02% -
XRP
$2.3423
2.90% -
BNB
$693.6928
1.31% -
Solana
$187.5987
1.60% -
Dogecoin
$0.3344
4.24% -
USDC
$0.9999
0.00% -
Cardano
$0.9319
2.89% -
TRON
$0.2444
1.83% -
Sui
$5.1550
8.82% -
Avalanche
$36.7132
1.44% -
Toncoin
$5.3843
3.76% -
Chainlink
$20.3005
3.37% -
Shiba Inu
$0.0000
2.67% -
Stellar
$0.4152
6.00% -
Hedera
$0.2822
5.12% -
Polkadot
$6.7411
2.95% -
Bitcoin Cash
$449.1053
6.62% -
UNUS SED LEO
$9.3199
3.21% -
Uniswap
$13.9336
8.21% -
Bitget Token
$6.7679
6.85% -
Litecoin
$104.2852
2.15% -
Pepe
$0.0000
3.86% -
Hyperliquid
$20.8387
2.72% -
NEAR Protocol
$5.0915
2.47% -
Ethena USDe
$0.9990
-0.02% -
Dai
$1.0001
-0.02% -
Aptos
$9.1692
6.14% -
Internet Computer
$10.3534
2.47%
What is the issuance price and issuance volume of Symbol (XYM) coins?
The issuance price of Symbol (XYM) was initially set at $0.01 during its ICO in December 2019, with an initial issuance volume of approximately 499.95 million tokens.
Dec 15, 2024 at 08:10 am
What is the issuance price and issuance volume of Symbol (XYM) coins?
Issuance Price of Symbol (XYM) Coin
The issuance price of Symbol (XYM) coin was initially set at $0.01 during its initial coin offering (ICO) held in December 2019. The XYM coin was officially launched on March 16, 2021, with a total supply of 8.999 billion tokens.
Issuance Volume of Symbol (XYM) Coin
The initial issuance volume of XYM coins during the ICO was approximately 499.95 million tokens, raising a total of $4.999 million. The remaining 8.499 billion XYM coins were allocated as follows:
- NEM Foundation Reserves: 30% (2.699 billion XYM)
- Community Development Fund: 25% (2.249 billion XYM)
- Ecosystem Fund: 20% (1.799 billion XYM)
- Symbol Team: 15% (1.349 billion XYM)
- Strategic Partnerships: 10% (899.9 million XYM)
Distribution of Symbol (XYM) Coins
The distribution of XYM coins follows a specific schedule, with certain portions of the supply being released over time:
- First Year: 20% of the total supply (1.799 billion XYM)
- Second Year: 40% of the remaining supply (1.799 billion XYM)
- Third Year: Remaining 40% of the supply (1.799 billion XYM)
Purpose of Symbol (XYM) Coin
XYM is the native cryptocurrency of the Symbol blockchain platform, a blockchain project forked from NEM in 2021. The XYM coin serves several purposes within the Symbol ecosystem:
- Transaction Fees: XYM is used to pay transaction fees on the Symbol blockchain.
- Staking: XYM holders can stake their coins to validate transactions and earn rewards.
- Governance: XYM holders can vote on proposals related to the governance of the Symbol blockchain.
Current Market Price of Symbol (XYM) Coin
As of August 2023, the current market price of XYM is approximately $0.04. The price has fluctuated significantly since its launch, influenced by market conditions and the overall performance of the blockchain industry.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
How to Engage with the Chiliz (CHZ) Airdrop Community
- 2025-01-11 06:40:25
-
2025 American Women Quarters Proof Set to Be Released Feb. 27
- 2025-01-11 06:40:25
-
BlockDAG (BDAG), Ethereum (ETH), and Ripple (XRP) Play Pivotal Roles in the Crypto Market
- 2025-01-11 06:50:25
-
5 Hot Stocks to Watch in 2025: Quantum Computing, AI, and Bitcoin
- 2025-01-11 06:30:25
-
How to Claim Filecoin (FIL) Airdrops and Start Earning Free FIL
- 2025-01-11 06:50:25
-
Health Insurance Industry Statistics 2025: Coverage, Costs, and Innovations
- 2025-01-11 06:50:25
Related knowledge
DIMO (DIMO) Coin Exchange Purchase Detailed Operation Tutorial
Jan 08,2025 at 11:18pm
Key PointsUnderstand the basics of cryptocurrency exchangesCreate an account on a reputable cryptocurrency exchangeFund your account with fiat currency or cryptocurrencyFind the DIMO (DIMO) trading pair and place an orderManage your DIMO (DIMO) holdingsStep-by-Step Guide to Purchasing DIMO (DIMO) on a Coin Exchange1. Choose a Cryptocurrency ExchangeSele...
Tectum (TET) Coin Purchase Tutorial Detailed
Jan 09,2025 at 04:04am
Tectum (TET) Coin Purchase Tutorial DetailedKey Points:Tectum (TET) is a cryptocurrency designed to provide a secure and private payment network.It combines blockchain technology with advanced cryptography to enhance user experience and address common cryptocurrency challenges.Interested individuals can purchase TET through various exchanges, including ...
What are the factors that are positive for GamerCoin (GHX)?
Jan 07,2025 at 11:43pm
Key Points:Surging popularity in blockchain gaming: GamerCoin's focus on blockchain gaming has positioned it well to capitalize on the rapidly growing industry.Strong community support: The project boasts a loyal and passionate community that actively engages with its development and promotion.Partnerships with key players: Collaborations with industry ...
Introduction to several methods to obtain GamerCoin (GHX) coins
Jan 06,2025 at 09:52pm
Key Points:Understand the nature and application of GamerCoin (GHX)Explore various methods to obtain GHX coins: DEXs, staking, airdrops, faucets, and play-to-earn gamesGain insights into the advantages and drawbacks of each methodDevelop a comprehensive strategy to maximize GHX acquisitionExplore potential risks associated with obtaining GHX coinsMethod...
What are the regulatory risks associated with GEODNET (GEOD) Coin?
Jan 08,2025 at 09:02am
Key Points:GEODNET (GEOD) Coin is a decentralized, proof-of-stake blockchain project that incentivizes data sharing and data aggregation.The project aims to create a global network of shared data for the benefit of all participants.GEOD Coin is the native currency of the GEODNET platform, used for incentivizing data sharing and rewarding network partici...
What security measures are in place to protect Tectum (TET) coin holders?
Jan 08,2025 at 09:05am
Key Points:Multi-sig wallet protectionSmart contract security auditsKYC/AML complianceHardware wallet supportBug bounty programCommunity engagement and transparencyArticle Body:Multi-sig Wallet ProtectionTectum (TET) holders' funds are stored in a multi-signature wallet, which requires multiple authorized parties to approve transactions. This adds an ex...
DIMO (DIMO) Coin Exchange Purchase Detailed Operation Tutorial
Jan 08,2025 at 11:18pm
Key PointsUnderstand the basics of cryptocurrency exchangesCreate an account on a reputable cryptocurrency exchangeFund your account with fiat currency or cryptocurrencyFind the DIMO (DIMO) trading pair and place an orderManage your DIMO (DIMO) holdingsStep-by-Step Guide to Purchasing DIMO (DIMO) on a Coin Exchange1. Choose a Cryptocurrency ExchangeSele...
Tectum (TET) Coin Purchase Tutorial Detailed
Jan 09,2025 at 04:04am
Tectum (TET) Coin Purchase Tutorial DetailedKey Points:Tectum (TET) is a cryptocurrency designed to provide a secure and private payment network.It combines blockchain technology with advanced cryptography to enhance user experience and address common cryptocurrency challenges.Interested individuals can purchase TET through various exchanges, including ...
What are the factors that are positive for GamerCoin (GHX)?
Jan 07,2025 at 11:43pm
Key Points:Surging popularity in blockchain gaming: GamerCoin's focus on blockchain gaming has positioned it well to capitalize on the rapidly growing industry.Strong community support: The project boasts a loyal and passionate community that actively engages with its development and promotion.Partnerships with key players: Collaborations with industry ...
Introduction to several methods to obtain GamerCoin (GHX) coins
Jan 06,2025 at 09:52pm
Key Points:Understand the nature and application of GamerCoin (GHX)Explore various methods to obtain GHX coins: DEXs, staking, airdrops, faucets, and play-to-earn gamesGain insights into the advantages and drawbacks of each methodDevelop a comprehensive strategy to maximize GHX acquisitionExplore potential risks associated with obtaining GHX coinsMethod...
What are the regulatory risks associated with GEODNET (GEOD) Coin?
Jan 08,2025 at 09:02am
Key Points:GEODNET (GEOD) Coin is a decentralized, proof-of-stake blockchain project that incentivizes data sharing and data aggregation.The project aims to create a global network of shared data for the benefit of all participants.GEOD Coin is the native currency of the GEODNET platform, used for incentivizing data sharing and rewarding network partici...
What security measures are in place to protect Tectum (TET) coin holders?
Jan 08,2025 at 09:05am
Key Points:Multi-sig wallet protectionSmart contract security auditsKYC/AML complianceHardware wallet supportBug bounty programCommunity engagement and transparencyArticle Body:Multi-sig Wallet ProtectionTectum (TET) holders' funds are stored in a multi-signature wallet, which requires multiple authorized parties to approve transactions. This adds an ex...
See all articles