What is the total supply of PARSIQ (PRQ) coins?

PRQ coins are essential to the functioning of the PARSIQ platform, facilitating transaction fees, staking rewards, and access to premium services.

Dec 27, 2024 at 10:43 am

Key Points:

PARSIQ (PRQ) is a blockchain monitoring and data analytics platform.
The total supply of PRQ coins is 1,000,000,000.
PRQ coins are used to pay for transaction fees, staking, and other platform services.

Article:

What is PARSIQ (PRQ)?

PARSIQ is a blockchain monitoring and data analytics platform that enables developers to build and deploy complex event processing (CEP) pipelines. CEP pipelines monitor blockchain activity and generate real-time alerts and insights, providing actionable data for decentralized applications (dApps) and businesses.

Total Supply of PARSIQ (PRQ) Coins

The total supply of PRQ coins is 1,000,000,000. This represents the maximum number of PRQ coins that will ever be created. The supply is distributed as follows:

50% - Circulating supply
20% - Team and advisors
20% - Early investors
10% - Ecosystem development

Uses of PRQ Coins

PRQ coins are used for the following purposes:

Transaction fees: PRQ coins are used to pay for transaction fees on the PARSIQ platform. This includes fees for deploying CEP pipelines, sending alerts, and accessing data.
Staking: PRQ coins can be staked to earn rewards. Staking helps to secure the PARSIQ network and provides stakers with a passive income stream.
Other platform services: PRQ coins can be used to purchase additional services on the PARSIQ platform, such as access to proprietary data feeds and advanced analytics tools.

FAQs

Q: What is the circulating supply of PARSIQ (PRQ) coins?
A: The circulating supply of PRQ coins is approximately 500 million coins.
Q: How can I buy PRQ coins?
A: PRQ coins can be purchased on various cryptocurrency exchanges, including Binance, KuCoin, and Gate.io.
Q: What is the future of PARSIQ (PRQ)?
A: The future of PARSIQ depends on the adoption of its platform by developers and businesses. The company believes that the growing demand for blockchain data analytics will drive the adoption of PARSIQ.
Q: Is PARSIQ (PRQ) a good investment?
A: Whether or not PARSIQ is a good investment is a matter of personal opinion and investment strategy. Investors should consider the risks and potential rewards before investing in PRQ coins.

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