Cryptocurrencies

Text

ANKR coin issuance price and total issuance volume are explained in one article

The ANKR token, launched with an issuance price of $0.08 per token in 2018, has witnessed a total issuance volume rise to 11,059,360,949 tokens as of March 2023.

Oct 06, 2024 at 03:11 am

Understanding ANKR Token: Issuance Price and Total Issuance Volume

1. ANKR Token Issuance Price

The ANKR token was initially issued through an Initial Coin Offering (ICO) in November 2018. The price of the ANKR token at the time of the ICO was $0.08 per token.

2. Total ANKR Token Issuance Volume

The total number of ANKR tokens issued at the ICO was 10,000,000,000. However, the total issuance volume of ANKR tokens has since been increased through secondary token sales and other fundraising mechanisms.

As of March 8, 2023, the total issuance volume of ANKR tokens is 11,059,360,949.

3. Token Distribution

The ANKR tokens were distributed as follows:

Seed Sale: 25% (2,500,000,000 tokens)
Private Sale: 25% (2,500,000,000 tokens)
Public Sale (ICO): 30% (3,000,000,000 tokens)
Team and Advisors: 10% (1,000,000,000 tokens)
Ecosystem Development: 5% (500,000,000 tokens)
Mining: 5% (500,000,000 tokens)

4. Token Usage

ANKR tokens can be used for various purposes within the ANKR ecosystem, such as:

Staking to earn rewards
Governance voting
Payment for cloud computing resources
Purchase of in-game items and services

Conclusion

The issuance price of the ANKR token at the ICO was $0.08 per token. The total issuance volume has since increased to 11,059,360,949 tokens as of March 2023. ANKR tokens serve as a utility token within the ANKR ecosystem, enabling various use cases and contributing to the growth of the platform.

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