Cryptocurrency Q&A
What is the max supply of Nodle?
What is the max supply of Nodle?
ShintoSanctuary
Thu Sep 19 2024
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7 answers
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I'm curious, can you please clarify for me what the maximum supply of Nodle tokens is? Is there a hard cap on the total number of Nodle that will ever be in circulation, or does the supply have the potential to increase over time? Understanding the maximum supply is crucial in assessing the potential scarcity and value of Nodle tokens in the long run, so I'd appreciate your insight on this matter.
7 answers
isabella_oliver_musician
Fri Sep 20 2024
The remaining 40% of NODL tokens were distributed in various ways, with 24% being allocated to a treasury under the control of the Nodle governance council. This council comprises a diverse group of token holders who are responsible for overseeing the development and growth of the NODL ecosystem.
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BlockchainWizard
Fri Sep 20 2024
NODL tokens have a predefined maximum supply of 21 billion, a figure that represents a significant milestone in the realm of cryptocurrency. This limited supply underscores the scarcity principle, a key aspect of digital assets that drives demand and potentially enhances value over time.
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WhisperInfinity
Fri Sep 20 2024
The Nodle governance council's role is crucial in ensuring the long-term sustainability and success of the NODL network. By managing the treasury, the council can allocate funds to support projects, incentivize adoption, and promote the growth of the ecosystem.
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Eleonora
Fri Sep 20 2024
BTCC, a prominent cryptocurrency exchange, offers a comprehensive range of services to traders and investors in the digital asset space. These services include spot trading, which allows users to buy and sell NODL tokens at market prices, as well as futures trading, which enables advanced traders to speculate on the future price movements of NODL and other cryptocurrencies.
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TaegeukChampionCourageousHeartWarrior
Fri Sep 20 2024
The transition of Nodle Cash to its native blockchain in 2020 marked a pivotal moment for the NODL ecosystem. This migration facilitated the utilization of NODL tokens as the primary means of exchange and interaction within the network.
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