PolkaCipher Token Economics Revealed

Published on: 19.05.2021

Tokenomics (token economics or crypto-economics) study the economic institutions and policies of the distribution, production, and distribution of goods and services that have been tokenized. Blockchain technology has become the driving force of innovation on the internet.

PolkaCipher is a Polkadot-based privacy-preserving oracle network focused on bringing the use case of private NFTs to off-chain businesses and be a bridge for seamless integration to on-chain Defi apps. PolkaCipher’s unique offerings help push the use-case of the NFTs in real-world scenarios while still being connected to a cross-chain network that is fair and accurate. PolkaCipher intends to achieve business goals by helping users transact privately and securely using NFTs as a mode of access to different decentralized apps.

 

TOKENOMICS

TOKEN SYMBOL: CPHR

TOTAL SUPPLY: 1,000,000,000

TOKEN FOR SALE: 189,000,000

 

PRIVATE SALE VESTING

Thirteen percent released at TGE, then one month cliff linear release for remaining tokens over 10  months.

TOTAL RELEASED AND INITIAL MARKETCAP

TOTAL SALE TOKEN RELEASED AT TGE: 31,000,000

TOTAL PERCENT OF SALE TOKEN RELEASED ON TGE: 3.1 Percent

For detailed token economics, sale, and allocation, users can access this link here

 

About PolkaCipher

RESOURCES

Blog Post

Market Stats:
BTC Dominance: 52.66%(+0.32%/24h)
ETH Dominance: 16.2%(-0.41%/24h)
Defi Market Cap: $83.56B(-23.23%/24h)
Total Market Cap: $2215.9B(+1.70%/24h)
Total Trading Volume 24h: $75.8B(-27.87%/24h)
ETH Market Cap: $359.12B
Defi to ETH Ratio: 23.27%
Defi Dominance: 3.58%
Altcoin Market Cap: $1049.01B
Altcoin Volume 24h: $42.6B
Total Cryptocurrencies: 29515
Active Cryptocurrencies: 9882
Active Market Pairs: 82749
Active Exchanges: 761
Total Exchanges: 8444
BTC: 59230.46$(-0.12%/1H)
ETH: 2988.99$(-0.44%/1H)
AVAX: 33.76$(-0.33%/1H)
BNB: 561.71$(-0.3%/1H)
MATIC: 0.72$(-0.46%/1H)
FTM: 0.68$(-0.1%/1H)
ADA: 0.46$(0.13%/1H)
DOT: 7.3$(-1.08%/1H)
UNI: 7.14$(-0.32%/1H)
CAKE: 2.55$(-0.31%/1H)
SUSHI: 1.03$(-0.69%/1H)
ONE: 0.02$(-0.24%/1H)