What is the total supply of Ancient8 (A8) coins?

With a total supply of 1 billion coins, Ancient8 (A8) aims to ensure token scarcity and maintain value over time.

Dec 21, 2024 at 11:31 am

Key Points of the Article:

• Total Supply of Ancient8 (A8) Coins: 1 billion A8 coins
• A8 Tokenomics: Allocation, vesting schedule, and use cases
• A8 Token Distribution: Initial release, token sale, and future distribution plans
• A8 Coin Price History and Market Performance: Historical price trends and factors influencing value
• A8 Coin Market Caps: Market capitalization and its significance
• A8 Coin Trading Volumes: Trading volume and liquidity on cryptocurrency exchanges
• A8 Coin Price Predictions: Expert forecasts and market sentiment

What is the Total Supply of Ancient8 (A8) Coins?

The total supply of Ancient8 (A8) coins is 1 billion. This fixed supply was established at the inception of the project and is designed to ensure scarcity and maintain the value of A8 coins over time.

A8 Tokenomics

• Token Allocation:

  • Seed Round: 150 million A8 (15%)
  • Private Round: 200 million A8 (20%)
  • Strategic Round: 150 million A8 (15%)
  • Community Sale: 50 million A8 (5%)
  • Team and Advisors: 150 million A8 (15%)
  • Ecosystem Fund: 200 million A8 (20%)
  • Reserve Fund: 100 million A8 (10%)

• Vesting Schedule:

  • Seed Round: 25% at TGE, then 10% monthly for 9 months
  • Private Round: 10% at TGE, then 12.5% monthly for 7 months
  • Strategic Round: 12.5% at TGE, then monthly release over 12 months
  • Ecosystem Fund: 20% at TGE, then monthly release over 24 months
  • Reserve Fund: Released at the discretion of the project team

• Use Cases:

  • Governance: A8 holders have the right to vote on key project decisions
  • Staking: A8 can be staked to earn rewards and contribute to network security
  • Payment: A8 can be used to make purchases within the Ancient8 ecosystem
  • In-game Currency: A8 is the native currency used in Ancient8's Play-to-Earn games

A8 Token Distribution

• Initial Release (TGE): 20% of the total supply (200 million A8) was released at the time of the token generation event (TGE)
• Token Sale: 30% of the total supply (300 million A8) was sold through seed, private, and strategic rounds, as well as a public community sale
• Future Distribution: The remaining 50% of the total supply will be distributed according to the vesting schedule and used for ecosystem development, team incentives, and community rewards

A8 Coin Price History and Market Performance

• The A8 coin price has been on a steady upward trend since its launch, with significant volatility along the way
• Key factors influencing the price include market sentiment, project developments, macroeconomic conditions, and cryptocurrency industry trends
• Current A8 coin price can be found on cryptocurrency exchanges and price tracking platforms

A8 Coin Market Caps

• Market capitalization is calculated by multiplying the current A8 coin price by the circulating supply
• A8's market capitalization provides an indication of its overall market value and ranking among other cryptocurrencies
• Market cap can be a metric for assessing the liquidity, stability, and growth potential of a token

A8 Coin Trading Volumes

• Trading volume refers to the amount of A8 coins traded on cryptocurrency exchanges within a specific period, typically 24 hours
• High trading volumes indicate strong liquidity and market interest, while low trading volumes suggest a lack of market activity
• Trading volume can be affected by factors such as new listings, project announcements, and market conditions
• Current A8 coin trading volume can be found on cryptocurrency exchange order books and data aggregators

A8 Coin Price Predictions

• Experts and analysts provide their forecasts for future A8 coin prices based on technical analysis, market sentiment, and project fundamentals
• Price predictions can vary widely depending on the methodologies and assumptions used
• Market sentiment plays a significant role in price predictions, with bullish sentiment leading to higher projections and bearish sentiment resulting in lower estimates

FAQs

• Q: What is the utility of A8 coins?

  • A: A8 coins can be used for governance voting, staking, payments within the Ancient8 ecosystem, and as an in-game currency.

• Q: Where can I buy A8 coins?

  • A: A8 coins can be purchased on cryptocurrency exchanges such as Binance, KuCoin, and Gate.io.

• Q: When was the A8 token launched?

  • A: The A8 token was launched in February 2022.

• Q: What is the maximum supply of A8 coins?

  • A: The maximum supply of A8 coins is 1 billion.

• Q: Is A8 a good investment?

  • A: The investment potential of A8 depends on a variety of factors, including market conditions, project developments, and overall cryptocurrency industry trends.