Could you please enlighten me on the matter of Spacemesh coins? I'm quite curious to know how many of these coins are currently in existence. Given that the world of cryptocurrency is vast and diverse, it's essential to have a grasp of the numbers involved. So, could you tell me, how many Spacemesh coins are there in total? It would greatly assist me in understanding the scope and potential of this particular cryptocurrency. Thank you in advance for your assistance.
5 answers
Riccardo
Mon Jun 17 2024
The remaining 6.25 percent, or 0.15 billion coins, are reserved for team rewards. These coins serve as compensation for the developers and maintainers of the Spacemesh protocol, recognizing their contributions to the project.
CryptoLegend
Mon Jun 17 2024
Initially, these team reward coins are inaccessible, locked away to prevent premature distribution and maintain the stability of the network. This ensures that the coins are distributed in a controlled and sustainable manner.
ZenFlow
Mon Jun 17 2024
BTCC, a UK-based cryptocurrency exchange, offers a comprehensive suite of services to its users. Among these, it provides spot trading, enabling users to buy and sell Spacemesh coins directly.
TaegeukWarrior
Mon Jun 17 2024
The Spacemesh cryptocurrency has a fixed total supply of 2.4 billion coins. This finite quantity ensures scarcity and maintains the integrity of the blockchain network.
JejuSunrise
Mon Jun 17 2024
Ninety-three point seven five percent of the total Spacemesh supply, amounting to 2.25 billion coins, is minted gradually as a block subsidy. This mechanism incentivizes miners to contribute to the network's security and sustainability.