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What coin is Astro Boy?

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Release: 2024-09-10 16:33:01
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What coin is Astro Boy?

What is Astro Boy Coin?

Atom Coin, also known as ATOM, is the native token of the Cosmos ecosystem. Cosmos is a platform designed to create an ecosystem of interoperable blockchain networks.

Uses and functions of ATOM coins:

  • Governance: ATOM holders can participate in the governance of the Cosmos network and decide by voting Changes in network parameters and development direction.
  • Staking: ATOM coins can be pledged to validators to ensure the security and reliability of the network. Stakeholders can earn rewards as support for their participation.
  • Transaction fee: Sending a transaction on the Cosmos network requires a small amount of ATOM coins as a handling fee.
  • Interoperability: ATOM coin can serve as a bridge connecting different blockchains, facilitating cross-chain asset transfer and communication.

Allocation and issuance of ATOM coins:

  • Total supply: A total of 200 million ATOM coins are issued.
  • Distribution ratio: The distribution ratio is as follows:

    • Community pool: 50%
    • Team: 15%
    • Private placement: 10%
      *Seed round: 10%
    • Genesis (first release): 5%
    • Advisor: 2.5%
    • Foundation: 2.5%
  • Issue time: ATOM coin was first issued on March 13, 2019.

Market Performance of ATOM Coin:

ATOM Coin is a liquid token listed on major cryptocurrency exchanges. Its price fluctuates depending on the overall cryptocurrency market trends, the development of the Cosmos ecosystem, and the specific use cases of ATOM Coin.

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