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Verum Coin issue price, total amount and white paper introduction

Verum Coin's white paper unveils the project's mission to foster a secure, scalable blockchain environment where decentralized apps and smart contracts thrive.

Dec 17, 2024 at 11:50 am

Key Points:

Verum Coin's issuance details and white paper analysis
Coin issuance price and total supply
White paper's key concepts and objectives
Tokenomics and distribution
Roadmap and development timeline

Verum Coin: Issue Price, Total Amount, and White Paper Introduction

Coin Issuance Price and Total Supply

Verum Coin will be issued at a price of $0.05 per coin.
The total supply of Verum Coin is capped at 10 billion coins.
The initial coin offering (ICO) will offer 50% of the total supply for sale.

White Paper Introduction

Verum Coin's white paper introduces the project as a revolutionary blockchain platform that enables decentralized applications and smart contracts. It emphasizes the need for a secure, scalable, and user-friendly blockchain ecosystem.

Key Concepts and Objectives

The Verum blockchain is designed to achieve high transaction throughput and low confirmation times.
It employs a unique consensus mechanism that combines Proof-of-Stake (PoS) and Proof-of-Work (PoW) for enhanced security and efficiency.
The platform aims to provide an accessible gateway to blockchain technology for businesses and developers.

Tokenomics and Distribution

Verum Coin (VMC) is the native cryptocurrency of the Verum blockchain.
50% of VMC tokens will be distributed to ICO participants.
20% will be allocated to the project team and advisors.
15% will be reserved for marketing and adoption initiatives.
10% will be used to fund research and development.
5% will be held in reserve for unexpected events.

Roadmap and Development Timeline

The Verum team has outlined a comprehensive roadmap with明確 milestones and deadlines.

Q1 2023: Testnet launch and white paper publication.
Q2 2023: Mainnet launch and ICO.
Q3 2023: Development of decentralized applications and smart contract platform.
Q4 2023: Partnerships with businesses and industry leaders.
2024: Expansion of ecosystem and increased adoption.

FAQs

What is the purpose of Verum Coin?

Verum Coin is the native cryptocurrency of the Verum blockchain, which is designed to enable decentralized applications and smart contracts.

How much will Verum Coin be worth?

The future value of Verum Coin is subject to market forces and cannot be predicted with certainty. However, the project's strong fundamentals and ambitious roadmap suggest it has the potential for significant growth.

How can I buy Verum Coin?

Verum Coin will be available for purchase during the ICO. Detailed information on the ICO will be released closer to the launch date.

What is the maximum supply of Verum Coin?

The maximum supply of Verum Coin is 10 billion coins.

What is the unique consensus mechanism used by Verum?

Verum employs a combination of Proof-of-Stake (PoS) and Proof-of-Work (PoW) for enhanced security and efficiency.

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