How many Cosmos tokens will be in circulation?
May FrederickNov 23, 2021 · 3 years ago3 answers
Can you provide information on the total supply of Cosmos tokens and how many of them will be in circulation?
3 answers
- Nov 23, 2021 · 3 years agoCosmos tokens have a maximum total supply of 237,928,231 ATOM. However, not all of these tokens are currently in circulation. The initial distribution of ATOM tokens was done through a fundraising process called an Initial Coin Offering (ICO), where a portion of the tokens were sold to investors. The remaining tokens are held by the Cosmos team, used for ecosystem development, and reserved for future distribution. The exact number of tokens in circulation may vary depending on the current stage of distribution and market demand.
- Nov 23, 2021 · 3 years agoThe total supply of Cosmos tokens is fixed at 237,928,231 ATOM. However, the number of tokens in circulation may vary as new tokens are minted or burned. The initial distribution of ATOM tokens was done through a combination of private and public sales, with a portion of the tokens allocated for development and community incentives. As the Cosmos network grows and more applications are built on top of it, the demand for ATOM tokens may increase, leading to more tokens being in circulation.
- Nov 23, 2021 · 3 years agoAccording to BYDFi, the current number of Cosmos tokens in circulation is approximately 180 million ATOM. This represents around 75% of the total supply. The remaining tokens are held by the Cosmos team and used for ecosystem development. The circulating supply of ATOM tokens is subject to change as new tokens are released or existing tokens are locked or burned. It's important to note that the circulating supply can impact the token's price and market dynamics.
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