What is the issuance volume of Alkimi (ADS) coins?

The initial issuance volume of Alkimi (ADS) coins was 100,000,000 ADS, with subsequent token sales increasing the total supply to 200,000,000 ADS as of February 2023.

Dec 22, 2024 at 11:22 pm

Key Points:

• Alkimi (ADS) is a digital asset created on the Ethereum blockchain with a circulating supply of 200,000,000 ADS.
• ADS is an ERC-20 token used to access the Alkimi platform, a decentralized marketplace for digital content and services.
• ADS can be purchased on various cryptocurrency exchanges, including Uniswap, Gate.io, and BKEX.
• The issuance volume of ADS coins refers to the total number of ADS tokens created and released into circulation.
• The initial issuance volume of ADS coins was 100,000,000 ADS, with subsequent rounds of token sales increasing the total supply.

Issuance Volume of Alkimi (ADS) Coins

The issuance volume of Alkimi (ADS) coins is a crucial aspect that determines the supply and scarcity of the digital asset in the cryptocurrency market.

• Initial Issuance:

Initially, 100,000,000 ADS tokens were created and distributed during the project's launch in 2019. This initial issuance aimed to establish the foundation of the Alkimi ecosystem and attract early investors.

• Token Sale Rounds:

Subsequent to the initial issuance, Alkimi conducted several token sale rounds to raise funds for further development and expansion. Each token sale round released additional ADS tokens into circulation, increasing the overall issuance volume.

• Community Development:

A portion of the ADS coins was allocated for community development initiatives, including hackathons, developer grants, and community rewards programs. This allocation supports the growth and engagement of the Alkimi community.

• Liquidity Management:

To ensure sufficient liquidity for trading and exchange purposes, a percentage of ADS tokens was allocated to market makers and liquidity providers. This liquidity management strategy helps maintain a healthy market for ADS coins.

• Current Issuance Volume:

As of the latest available data (February 2023), the circulating supply of ADS coins is approximately 200,000,000 ADS. This represents the total number of ADS tokens in circulation, excluding any tokens held in development or reserve wallets.

FAQs

• What is the maximum supply of ADS coins?

There is no maximum supply limit for ADS coins. The issuance volume can be increased through additional token sales or other mechanisms as determined by the Alkimi team.

• How are ADS coins acquired?

ADS coins can be purchased on cryptocurrency exchanges such as Uniswap, Gate.io, and BKEX. Additionally, they can be earned through participation in the Alkimi platform and community initiatives.

• What is the role of ADS coins in the Alkimi platform?

ADS coins are used as a medium of exchange within the Alkimi platform. They can be used to purchase digital content, services, and access exclusive features within the ecosystem.