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Understand the NXT coin issuance price and total issuance in one article
The NXT cryptocurrency, issued at 0.000035 BTC per NXT in 2013, had a limited issuance of 1 billion NXT.
Oct 11, 2024 at 01:06 pm
1. NXT Coin Issuance Price
NXT is a cryptocurrency created by the NXT Foundation in 2013. It was the first cryptocurrency to use a proof-of-stake consensus algorithm.
The issuance price of NXT was 0.000035 BTC per NXT. This means that at the time of issuance, one NXT was worth approximately $0.0025 USD.
2. Total NXT Issuance
The total issuance of NXT is 1,000,000,000 NXT. This means that there will never be more than 1 billion NXT in circulation.
3. NXT Token Distribution
The NXT token distribution was as follows:
- 35% to the NXT Foundation
- 55% to early adopters
- 10% to the development team
4. Conclusion
NXT is a cryptocurrency with a total issuance of 1 billion NXT. The issuance price of NXT was 0.000035 BTC per NXT.
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