CoinAlpha

CoinAlpha

ALP
$0.000052483

Key Metrics

Price$0.000052483
Real Volume (24H)$0
Marketcap$6,391.34
Fully Diluted ValuationN/A
ATH$0.0027296
ATH Date10/10/2021, 1:52:48 PM
ATL$0.00013589
ATL Date6/18/2022, 11:54:56 PM
Circulating SupplyN/A
Total Supply900M
WebsiteN/A
WhitepaperN/A
Popularity Rank4134
Chart
What is CoinAlpha?

CoinAlpha (ALP) is a community-based platform designed for coin listing and voting. The platform aims to provide a decentralized and transparent way for users to participate in coin governance, adding or removing Coinalpha factories, and influencing the fee ratio.

ALP is the utility token that powers the Coinalpha ecosystem, and it serves several purposes. Firstly, ALP is used for governance. The platform has developed a Governance contract that enables token holders to vote on important decisions related to the platform. This includes adding more Coinalpha factories, removing factories, and adjusting the fee ratio. This ensures that the platform is community-driven and transparent.

ALP can also be staked, enabling users to earn a portion of the platform and advertising fees. By staking their ALP, users contribute to the security of the network and earn rewards for doing so. Additionally, ALP is used for payments for Coinalpha Ads services. Users will need to pay in BNB or ALP to utilize the functionality of the platform, and these payments are split between stakers and development and marketing costs.

The total supply of ALP is 1,000,000,000 coins, launched with a deflationary model to discourage swing trading. The launch was conducted as a fair Initial DEX Offering (IDO), with 50 BNB and 550,000,000 ALP (55% of the total supply) locked in Pancakeswap for 12 months.

CoinAlpha aims to provide a decentralized and transparent platform for the community to participate in coin governance. With the use of the ALP token, users can stake their holdings, vote on important decisions, and pay for services on the platform. The deflationary model of ALP discourages swing trading, making it a more stable investment option. As the platform continues to grow and evolve, ALP will likely play an increasingly important role in its success.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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