Total circulation of Tokamak Network coins

The Tokamak Network's limited token supply, strategic distribution, and utility within its blockchain platform contribute to its value proposition.

Dec 27, 2024 at 06:21 am

Key Points

• The total circulation of Tokamak Network coins is approximately 332 million, with a maximum supply of 15 billion.
• The distribution of coins includes 37.5% to the project team, 25% to the network, 20% to investors, and 17.5% to the community.

Total Circulation of Tokamak Network Coins

The Tokamak Network is a blockchain platform designed to provide a scalable and secure environment for decentralized applications. Its native token, TKN, is used to facilitate transactions, pay for computational fees, and incentivize network participants.

1. Total Coin Supply

   The total supply of Tokamak Network coins is capped at 15 billion. This maximum supply helps control inflation and ensures the long-term value of the token.

2. Current Coin Circulation

   As of March 2023, the total circulation of Tokamak Network coins is approximately 332 million. The remaining coins are held in reserve by the project team and other stakeholders.

3. Coin Distribution

   The distribution of Tokamak Network coins is as follows:

   • Project team: 37.5%
   • Network: 25%
   • Investors: 20%
   • Community: 17.5%

   The project team is responsible for developing and maintaining the network. The network reserve is used to fund development initiatives and support the blockchain infrastructure. Investors played a crucial role in supporting the early development of the platform, while the community allocation aims to foster adoption and ownership by users.

4. Mining and Earning TKNs

   TKNs are distributed through a combination of methods. Network participants can mine TKNs by contributing computational resources to secure the blockchain. Additionally, users can earn TKNs through staking, a process where they hold their coins in a designated wallet to support network operations.

5. Token Utility

   TKNs are the primary currency within the Tokamak Network ecosystem. They are used for:

   • Transaction fees: TKNs are used to pay for transactions on the TomoChain blockchain.
   • Computational fees: Developers must pay TKNs to deploy and execute smart contracts on the network.
   • Network incentives: TKN holders can earn rewards for staking their coins, contributing to network security, and participating in governance activities.

FAQs

• What factors influence TKN value?

  TKN value is influenced by numerous factors, including the overall cryptocurrency market sentiment, adoption among developers and users, and the success of the Tokamak Network platform.

• Where can I purchase TKNs?

  TKNs can be purchased on various cryptocurrency exchanges, including Binance, Huobi Global, and KuCoin.

• How can I safely store TKNs?

  TKNs can be stored in software wallets like Trust Wallet and MetaMask or hardware wallets like Trezor and Ledger.

• What is the future outlook for Tokamak Network and TKNs?

  The Tokamak Network team is actively working to expand the platform's functionality, attract new users, and increase adoption among businesses and developers. As the platform grows and gains traction, demand for TKNs is expected to increase, potentially leading to higher token value.