NSUR Coin’s supply is set at 200B tokens. That’s a lot of cryptocurrency! Or is it? Here, we answer commonly asked questions about why we set supply at 200B and what this means for token holders
How did you decide on 200B tokens in supply?
There are three key reasons why the utility token NSUR Coin was created with 200B tokens:
NSUR Coin is a deflationary token. As a deflationary token, every time there is a transaction the supply of NSUR Coin will decrease. Therefore, we started from a larger supply as a result of the impact of the deflationary aspect of the token.
Circulating supply is different from total supply. While NSUR Coin has a total supply of 200B, this is not the amount of token in circulation. The total amount of token in circulation is far lower, and this is due to the fact that we set aside different amounts of supply for various purposes. For example, 35% of total supply was set aside from day 1 to release during ongoing protection events. Additionally, another 20% was set aside to give token holders and users digital crypto rewards over time. You can read more about this on our Tokenomics page.
NSUR Coin does have as many digits after the decimal as other tokens. Part of the reason NSUR Coin’s supply was set at 200B is due to the fact that we did not want to face similar issues to tokens like Safemoon, where they launched with so many digits after the decimal point, that it was physically hard to interpret the price (e.g., some platforms didn’t show that many digits). Additionally, as a utility token, we believe that it will be easier for people to understand what they are spending with fewer digits after the decimal point.
How does the supply affect the value of a cryptocurrency?
The market capitalization is the total estimated value of all coins in the cryptocurrency collectively.
If you are a token holder of any cryptocurrency, you may be interested in the market capitalization of that cryptocurrency is calculated by multiplying the unit price of the token by the circulating supply.
Utility Tokens tend to have high supplies.
The supply of a utility token matters more than the price, we’re trying to create long-term value.
Utility tokens represent access to digital goods or services. Even though these tokens may appreciate in value as the network effect kicks in, they are not designed to be a currency or store of value. As such, their total supply needs to be relatively high to accommodate the demand for access well into the future.
How do I buy NSUR Coin?
As many of you know, the success of any project depends on its community members. The same is true for NSUR Coin. We believe that our community members and the right tools can help make NSUR Coin a high-utility, digital crypto rewards token that is used to reward our members and to facilitate purchases inside the NSUR ecosystem.
If you want to buy NSUR Coin, you can do it through Bitmart. When you register on the site, you will be able to purchase NSUR Coin for BNB (in PCS) or USDT. The purchase process is quite simple, fast and safe. You will receive your NSUR Coins within a few minutes after they have been purchased.