How much is theta currency issued?

The total issuance of Theta coins is 1 billion, distributed as follows: validator and storage provider rewards: 500 million; initial investor rewards: 225 million; ThetaLabs ownership: 125 million; community building and ecosystem support: 100 million; future development and rewards: 50 million.

Theta Coin issuance

Theta Coin is a cryptocurrency designed to improve video streaming and data transmission networks Blockchain project. Its native token, Theta (THETA), is used to reward network participants and governance.

The total circulation of Theta coins is 1,000,000,000. Among them:

• 50% (500,000,000 pieces): is used to reward network validators and storage (cache) providers.
• 22.5% (225,000,000 pieces): Used to reward initial qualified investors.
• 12.5% ​​(125,000,000 pieces): Belongs to Theta Labs (project development team).
• 10% (100,000,000 pieces): Used for early community building and ecosystem support.
• 5% (50,000,000 pieces): Used for future development and rewards.

The initial Theta coin allocation is as follows:

• March 2019: 51% of tokens in circulation.
• July 2019: 63% of tokens in circulation.
• April 2020: 75% of tokens in circulation.
• October 2020: 87% of tokens in circulation.
• April 2021: 100% of tokens in circulation.

The Theta Labs team will regularly release the remaining 13% of tokens to the market for ecosystem development and rewards.

The above is the detailed content of How much is theta currency issued?. For more information, please follow other related articles on the PHP Chinese website!