Cryptocurrency Q&A
What is the maximum supply of Illuvium coin?
What is the maximum supply of Illuvium coin?
CryptoMystic
Fri Aug 30 2024
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7 answers
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I'm curious to know, what is the maximum supply of Illuvium coin? Is there a cap on the total number of coins that will ever be in circulation, or is the supply unlimited? If there is a cap, what is it and how does it impact the value and scarcity of the coin? Understanding the maximum supply is crucial for investors to assess the potential for growth and adoption of the currency. Can you provide more insight into this aspect of Illuvium?
7 answers
Gianluca
Sun Sep 01 2024
The strategic distribution of ILV tokens fosters a sense of community and shared ownership among its stakeholders. It also incentivizes all parties involved to contribute to the project's growth and success.
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CryptoNinja
Sun Sep 01 2024
ILV, a cryptocurrency, boasts a maximum supply of 10 million tokens, meticulously allocated to various segments. The distribution strategy ensures a balanced and strategic approach to its circulation.
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Michele
Sun Sep 01 2024
The initial allocation of 5% of the total supply is designated for pre-seed investors. This segment caters to early believers and supporters who contribute to the project's foundational growth.
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KimchiQueen
Sun Sep 01 2024
Following closely, 15% of the tokens are allocated to seed investors. This phase attracts more established investors who bring not only capital but also valuable insights and networks to the project.
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HanbokGlamour
Sun Sep 01 2024
Another significant portion, 15%, is reserved for the team behind ILV. This allocation recognizes the crucial role of the developers, marketers, and other key personnel in driving the project's success and ensuring its long-term sustainability.
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