Stock Groups

HBAR Tokens Worth $5 Billion to Boost Network Adoption By CoinQuora

by Mike Robinson

[ad_1]

HBAR Tokens Worth $5 Billion to Boost Network Adoption
  • The Hedera Governing Council approved $5 billion in HBAR for network adoption.
  • The HBAR Foundation is expected to receive approximately 2.5 billion HBAR tokens.
  • The rest of the budget will be going to initiatives to boost the Hedera ecosystem

Hedera Hashgraph’s governing council composed of 23 organizations has allocated HBAR tokens for the platforms network adoption. It is worth approximately 5 billion dollars and 10.7 billion tokens.

It will be broken in half. The HBAR Foundation will receive the first $2.5 billion. The remainder of the allocation will be used to support initiatives which will develop and expand Hedera’s ecosystem.

Mance Harmon, Hedera Hashgraph CEO said their platform is one of the most widely used and energy efficient public ledgers in the sector. Harmon said,

We are pleased that the Hedera Governing Council has made such a sig…

Continue reading on CoinQuora

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. CFDs are stocks, indexes or futures. The prices of Forex and CFDs are not supplied by exchanges. Instead, they are provided by market makers. As such, the prices might not reflect current market prices. Fusion Media does not accept any liability for trade losses you may incur due to the use of these data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.



[ad_2]