Learn about the issuance price and total issuance amount of Adacoin in this article

Learn about the issuance price and total issuance amount of Ada coin in this article

Issue price

Ai Dacoin (ADA) was sold in an initial coin offering (ICO) in 2017 at a price of $0.0024.

Total issuance

The maximum supply of ADA coins is 45 billion. 750 million ADA were released in the ICO (approximately 16.7% of the total supply), with the remaining ADA set aside for research, development, and ecosystem rewards. As of February 2023, the circulating supply is approximately 33.6 billion coins.

Issuance Details

The distribution of ADA coins is carried out through a phased plan:

• Seed Round: The round raised $62.5 million, with ICO participants purchasing 2.5 billion ADA at a price of $0.0024.
• Private placement round: This round raised $63 million, and ICO participants purchased 1.5 billion ADA at a price of $0.0045.
• Public Sale: The round raised $185 million, with ICO participants purchasing 1 billion ADA for $0.008.
• Reserved allocation: 1 billion ADA are reserved for the Cardano Foundation, the ADA ecosystem and future development.
• Rewards and Mining: The remaining 15 billion ADA are distributed to validators, stakers and network participants as rewards.

Scarcity and Inflation

Adascoin has a limited maximum supply, which gives it scarcity and potential growth in value. However, it is important to note that ADAcoin uses a proof-of-stake (PoS) consensus mechanism, which means that new ADA can be generated by staking tokens, causing the token supply to increase slightly over time.

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