Learned by 87 usersPublished on 2024.04.03 Last updated on 2024.10.23
Tokens
NADA is a cryptocurrency built on the Hedera Hashgraph blockchain. Here is some basic information about NADA:
This information provides the basic characteristics and usage of the NADA cryptocurrency.
The NADA Protocol Token (NADA) was founded by retired South Korean professional StarCraft player Lee Yun-ryeol.
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NADA cryptocurrency is a digital asset based on the Hedera Hashgraph blockchain platform, primarily used within the NADA Digital gaming ecosystem. Here is how the NADA cryptocurrency operates:
Reward System: NADA tokens serve as a reward system within the game, allowing players to earn NADA tokens by participating in gaming activities, completing tasks, or engaging in events.
Use Cases: Players can use NADA tokens to upgrade their game characters or abilities, purchase game tickets, unique virtual items, or other virtual goods.
Cross-Game Usage: NADA tokens can be used in connected "Project Metaverse" games, promoting interoperability between different games and expanding the ecosystem.
Blockchain Platform: NADA uses the Hedera Hashgraph blockchain platform, providing fast, low-cost transactions and a seamless player experience.
Token Allocation: The total supply of NADA tokens is 200 million, allocated as follows:
60% (120 million NADA) is allocated for rewards and payments within the ecosystem.
8% (16 million NADA) is allocated for the NADA team.
12% is allocated to support partners who develop and adopt the protocol.
6% (12 million NADA) is allocated for institutional investment.
12% is allocated for operational expenses.
2% is allocated for other unspecified purposes.
Trading: NADA tokens can be traded on exchanges like Gate.io.
In summary, the NADA cryptocurrency is central to the NADA Digital gaming ecosystem, promoting player engagement and ecosystem growth through the reward system and cross-game usage.