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How much is the ALICE coin issued?
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How much is the ALICE coin issued?

Feb 24, 2024 am 10:58 AM
Blockchain cryptocurrency digital currency Blockchain technology

php editor Baicao brings an exclusive interpretation of the ALICE coin issuance. ALICE coin is a digital currency whose issuance is affected by market demand and supply. As the cryptocurrency market fluctuates and changes, the issuance of ALICE coins is constantly adjusted. By in-depth analysis of the issuance mechanism and market trends of ALICE coins, we can better understand the characteristics and potential value of this digital asset.

How much is the ALICE coin issued?

ALICE coin is a cryptocurrency issued by the My Neighbor Alice project. My Neighbor Alice is a virtual world game based on blockchain technology that allows users to purchase, own and interact with other players on virtual islands. As the native token of the platform, ALICE coin issuance is very important to understand the investment potential of the project.

As of the end of 2021, the My Neighbor Alice project team announced that the total issuance of ALICE coins will be 100 million. This means that a total of 100 million ALICE coins can be circulated in the market. However, not all 100 million ALICE coins were immediately put on the market. Instead, the team adopted a number of strategies to manage the coin’s supply.

According to the plan of the My Neighbor Alice project, they plan to gradually release ALICE coins into the market. This means that at each stage a specific number of ALICE coins will be allocated to investors, community members and project participants.

First of all, in June 2021, My Neighbor Alice conducted an Initial Coin Offering (ICO) and issued a portion of ALICE coins to initial investors. This is to raise funds needed for the development of the project, while also giving early participants the opportunity to purchase coins that have not yet been launched.

Secondly, at different stages of the project, the My Neighbor Alice team will gradually release ALICE coins as time goes by. This release mechanism can ensure that the market supply of ALICE coins is relatively stable, while reducing the concerns of potential investors and users about excessive fluctuations in market sentiment.

In addition, the My Neighbor Alice project team also plans to use part of the ALICE coins to motivate users and community participation. Through bonus activities, tasks and competitions, users can earn additional ALICE coins to increase their participation in the game. This incentive mechanism is designed to encourage users to actively participate in projects and community activities and enhance the activity of the entire platform.

Overall, the circulation of ALICE coins is 100 million, but not all coins are issued at once. According to the plan of the My Neighbor Alice project, the release of phased coins and coins used to incentivize users and the community will be gradually launched. Such an issuance strategy can not only ensure a relatively stable supply of coins, but also encourage users to actively participate in projects and community activities.

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