Do you know how many KILT coins will be issued in total? KILT is a relatively new cryptocurrency that has garnered a lot of attention in the blockchain community. It is a unique blockchain that is designed specifically for the trust and verification of digital identity. KILT aims to provide a decentralized, open-source, and secure platform for identity verification that can be used in various industries such as finance, healthcare, and e-commerce.

KILT tokens are ERC-20 tokens that are hosted on the Ethereum blockchain. The total supply of KILT coins is set at 100 million. However, not all of these coins are currently in circulation. KILT has decided to implement a phased release approach to control the supply of coins in the market and to ensure the stability and growth of the platform.

The first phase involved the issuance and distribution of 10 million KILT coins during the public sale and initial exchange offering (IEO) in December 2020. The second phase involved the distribution of 3 million coins reserved for ecosystem development, partnerships, and incentives to support the growth of the KILT ecosystem.

The third phase will involve the release of 60 million coins to the KILT community through staking rewards, incentives, and community initiatives like airdrops and bounty programs. KILT has designed a unique staking mechanism that rewards users for staking their KILT coins and participating in the governance of the network.

The remaining 27 million KILT coins will be allocated to the team, advisors, and early backers of the project. However, these coins will be locked up for a period of three years to ensure the long-term growth and development of the platform.

Overall, KILT has taken a prudent approach to the issuance and distribution of its coins. By implementing a phased release strategy, it ensures that there is a healthy balance of supply and demand of coins in the market. This approach should help KILT to maintain the stability and growth of the platform over the long term.

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