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

Shieldeum's initial coin offering in 2023 established its issuance price at $0.15 per token, creating the initial value and market capitalization for its SDM coins.

Dec 10, 2024 at 09:45 am

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

Shieldeum (SDM) is a blockchain-based data security platform that provides comprehensive protection against data breaches, unauthorized access, and malicious attacks. It uses a unique combination of encryption, tokenization, and decentralized ledger technology to safeguard sensitive data. SDM is the native utility token of the Shieldeum ecosystem, and it plays a crucial role in powering the platform's various security features and services.

Issuance Price of Shieldeum (SDM)

The Initial Coin Offering (ICO) of Shieldeum was conducted in 2023, and the issuance price of SDM coins was set at $0.15 per token.

Importance of Issuance Price for SDM Coins

The issuance price of SDM coins holds significance in several ways:

• Sets the Initial Value: The issuance price establishes the initial value and foundation for the SDM coin's market capitalization and liquidity.
• Attracts Investors: A competitive issuance price can attract early investors and foster a strong community of supporters around the project.
• Influences Market Perception: The issuance price shapes market perception and can influence the project's credibility and potential for long-term success.

Factors Affecting Issuance Price of SDM Coins

Multiple factors influence the issuance price of SDM coins, including:

1. Project Fundamentals: The project's whitepaper, team, roadmap, and technology stack play a vital role in determining the perceived value of SDM coins.
2. Market Conditions: The overall state of the cryptocurrency market, including demand and supply dynamics, can affect the issuance price.
3. Competitive Landscape: Issuance price is often influenced by similar projects within the industry and their respective valuations.
4. Token Distribution: The allocation of SDM coins among different stakeholders, such as founders, investors, and the community, can impact the issuance price.
5. Investor Demand: The level of interest and demand from investors during the ICO can significantly influence the issuance price.

Impact of Issuance Price on Shieldeum's Success

The issuance price of SDM coins can impact Shieldeum's success in several ways:

• Early Investment Return: A favorable issuance price can provide early investors with a promising opportunity for return on investment.
• Ecosystem Growth: A competitive issuance price can accelerate the growth of the Shieldeum ecosystem by attracting developers, users, and partners.
• Market Adoption: An attractive issuance price can increase the adoption of Shieldeum's data security solutions by making them more accessible to potential customers.
• Long-Term Market Cap: A well-established issuance price contributes to the long-term growth and stability of SDM's market capitalization.

Conclusion

The issuance price of Shieldeum (SDM) coins is a critical factor that influences the project's initial value, market perception, and ultimate success. Shieldeum's issuance price was set at a strategic level to balance investor attraction, project valuation, and long-term market growth.