PEAQ coin issuance price, total amount and white paper introduction

PEAQ coin's initial issuance price was set at $0.10, with a total supply capped at 100 million tokens allocated according to ICO sale percentages and various use cases.

Jan 01, 2025 at 12:57 am

Key Points:

• PEAQ coin's Issuance Price and Token Metrics
• Understanding the PEAQ Coin White Paper

PEAQ Coin Issuance Price, Total Amount, and Token Metrics

• Issuance Price: PEAQ coin was issued at a price of $0.10 during its initial coin offering (ICO) in 2018.
• Total Supply: The total supply of PEAQ coin is capped at 100 million tokens.
• Token Allocation: 50% of the total supply was allocated to the ICO sale, 15% to the team, 15% to advisors, 10% to the community, and 10% reserved for future developments.
• Token Distribution: The tokens were distributed among ICO participants, team members, advisors, community members, and reserved for future use according to the allocation percentages.

Understanding the PEAQ Coin White Paper

• Understanding the Project's Vision: The white paper outlines PEAQ's mission to establish a decentralized blockchain-based platform for global payments and remittances.
• Technical Overview: It provides detailed technical specifications of the PEAQ blockchain, including its consensus mechanism, transaction fees, and scalability capabilities.
• Use Cases: The white paper explores the various use cases of PEAQ coin, including payments, remittances, tokenization, and asset management.
• Team and Advisors: It introduces the team behind PEAQ and their experience in the blockchain and financial sectors. The white paper also acknowledges the support of industry experts serving as advisors.
• Token Economics: The white paper explains the tokenomics of PEAQ coin, including its issuance, circulation, distribution, and use cases.
• Growth Strategy: It outlines PEAQ's growth strategy, including partnerships, marketing initiatives, and roadmap of future developments.
• Regulatory Compliance: The white paper acknowledges the importance of regulatory compliance and outlines PEAQ's commitment to operate within legal and regulatory frameworks.

FAQs:

• Q: What is PEAQ's current circulating supply?

  • A: The circulating supply of PEAQ coin is approximately 60 million tokens.

• Q: What blockchain does PEAQ operate on?

  • A: PEAQ operates on its own proprietary blockchain, which uses a hybrid consensus mechanism combining Proof-of-Stake (PoS) and Proof-of-Work (PoW).

• Q: What are the benefits of using PEAQ coin?

  • A: PEAQ coin offers various benefits, including fast and low-cost cross-border payments, remittance services, and tokenization capabilities for assets.

• Q: Where can I purchase PEAQ coin?

  • A: PEAQ coin can be purchased on several cryptocurrency exchanges, including Binance, KuCoin, and Gate.io.

• Q: What are the future plans for PEAQ coin?

  • A: PEAQ plans to expand its partnerships, integrate new features into its platform, and explore decentralized finance (DeFi) applications.