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How many TEAL COINS can you mint?TEAL Coins Minting Demo

TEAL COIN

TEAL Coins are the means of payment on the TEAL Marketplace. TEAL Coins are partially generated through a minting process based on the TEAL Token.

With the following calculation you can determine how many TEAL COINS you are able to mint in the first two years.
Please enter an integer number between 1 and 30.000.000. The Token is not divisible and only 30.000.000 will exist.

IN DEPTHWhat defines minting

The number of TEAL Coins available continuously adapts to the economic cycle and development of purchasing power on the TEAL Marketplace. The available amount of Teal Coins are continuously changed by the circulation speed. This will allow TEAL to generate an economically friendly demand for new TEAL Coins.

As means of payment circulation speed is defined by the ratio of sales to available amount of money. The optimal ratio has the value of 1 and can be calculated as followed:

If the value of circulation speed is higher or lower than 1 it will cause deflation or inflation. Therefore the system has to react and influence the factors used for generating coins, in order to achieve and maintain a stable currency.

You can find more information about this subject in our whitepaper.

GETTING INTO DETAILTHE MATHEMATICS BEHIND THE MINTING RATE

MARKETPLACE SALES YEAR 1CIRCULATION SPEED YEAR 1
*PROPORTION OF COINS IN REWARD
TOTAL NUMBER OF MINTABLE TOKEN*RESERVE SHARES
  • PREDICTED MARKETPLACE SALES FOR THE 1st YEAR OF OPERATION:

    80,600,000 US-Dollar
  • PREDICTED CIRCULATION SPEED FOR THE 1st YEAR OF OPERATION

    2
  • PROPORTION OF COINS IN REWARD:

    +6%
  • TOTAL NUMBER OF MINTABLE TOKEN:

    21,000,000
  • RESERVE SHARES:

    -5%
86,000,0002
*1.06
30,000,000*0.7*0.95
= 2.2847