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RING(Darwinia Network)
RING is the native asset of Darwinia Network and can be used as gas for trading.
Market Dynamics
Some data are from CoinGecko
Current Price
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Ranking
From CoinGecko Market Cap Rankings
1010
ICO Date
2018-09-03
Total Supply
10000000000 Data source: CoinGecko
Circulating Supply
1225071267 Data source: CoinGecko
Market Cap
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Circulating Mkt Cap
---
The price range covers the costs of earlier institutional & individual investors.
Price for Earlier Investors
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1. Programme Name 


Darwinia Network (RING)
 
2. Project Introduction


Darwinia is the Web3.0 cross-chain bridge hub built on Substrate. Its major applications include Defi, NFT, Game. Darwinia is also written in the Polkadot light-paper.


RING is the native token of Darwinia and the primary asset of the Metaverse game Evolution Land.


Evolution Land will have 26 continents, each of which is deployed on a different public chain. Users pay RING for NFT land auction and mine resource tokens. Users play to earn from the Gamefi Farm and enjoy the fun of cross-chain trading, wars, and architecture.

Evolution Land has integrated multi-chain NFTs and 10+ projects including Polygon, YGG have won the NFT land auction and build communities in Evolution Land to evolve into a more open Metaverse.


3. Distribution

Note: RING's initial supply before Darwinia Network mainnet release is 2 billion, after which the newly issued RING will be distributed to the validators and nominators (Staking participants) and payment of system proposal budgets (such as NFT mining or App mining, Polkadot slot bidding incentives, or for eco developer support). After the Darwinia Network mainnet goes live, the total cap of the block reward is adjusted once a year. The total number of HARD_CAP for RING is 10 billion.



Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. Some of the content may be out of date, error, or omission. Huobi does not take responsibility for any resulting direct or indirect losses.

 

 

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