AION Price Prediction 2022-2025 - Should You Buy It?
The sharp increase in digital projects that produce coins has led to the need to establish common channels for their interaction with each other. Thanks to Ethereum technology and integrated applications, the Aion network is designed to integrate digital platforms and optimize the functionality of their interaction with each other. Today we prepared an AION price prediction for 2020-2025.
- AION Review
- AION Advantages
- AION Price Prediction 2020-2025
- AION Technical Features
- How to Buy, Sell, Store AION?
- AION Mining
AION Review
The Aion platform is positioned as a third-generation blockchain. It takes into account the creation of cryptocurrencies as decentralized digital money - the first generation, and platforms with the functionality of smart contracts and applications - the second. The combination of all such projects, according to developers, is the next stage in the development of blockchain technology.
The main developer and founder of the Aion blockchain are Matthew Spoke, who is the executive director of the NUCO company, which launched Bitcoin and joined the board of directors of the Enterprise Ethereum Alliance (EEA). The organization has already united more than 500 leading world corporations, including Intel, Microsoft, Jaxx, NewAlchemy, Nextblock, Blockchange, and others. The team also includes the famous Canadian programmer - Vitalik Buterin.
The relevance of creating the Aion network is due to the need to establish communication channels between various digital projects. Developers give an example with banking institutions - if their assets are converted to digital equivalent, their interaction with other blockchains can become a significant problem.
Aion involves the creation of a kind of Internet for digital platforms, which will ensure their interaction within their own network. It's not just about exchanging cryptocurrency or converting it when paying for services. The goal of developers is much larger - the provision of information, data exchange, joint projects, and common applications.
This crypto differs from its competitors in a high data exchange rate, which is extremely important for work in the field of finance and trade. Also, initially, the blocks received a larger volume than that of BTC and other altcoins. Most of the Aion purchase and sale transactions take place on the Binance trading platform, but this crypto token is also presented on other international exchanges.
The total emission of Aion cryptocurrency is 466 million tokens. For implementation, the developers allocated about 60% or 280 million. At the initial stage of development, it was decided: to make an initial offer of coins.
Even during the pre-sale period, the developers managed to attract about $ 25 million. The rest of the amount of 185 million tokens was blocked, but gradual unlocking is supposed. Every 30 days, an amount of 2.79% will be unlocked (next 3 years). At the moment, Aion has 439 million tokens in circulation. The block was made to lower inflation, as well as to eliminate the issue of depreciation. All this played a certain economic role, so the Aion cryptocurrency continues to successfully develop on the market.
AION Advantages
The AION infrastructure will significantly expand the scope of the use of digital technologies, eliminate intermediation, and optimize functionality. Aion developers highlight three main features provided by such a system:
- Combining digital projects compatible with this technology and Ethereum into one common network;
- Scaling - increased system performance, high speed of internal transactions and data exchange;
- Design - within the Aion network, users will be able to create new blockchains and applications that are already integrated into the common system.
To implement such functionality, the developers set themselves the following tasks:
- Creation of infrastructure and tools to expand the network and include both existing projects and those under development;
- Formation of a platform for the exchange of information and money on the basis of smart ether contracts;
- Creation in the Aion system of a design base compatible with various algorithms and protocols;
- Introduction of an innovative mechanism for achieving consensus based on evidence of intelligence.
The Aion network involves building bridges between different platforms and implements its own token for their functioning. In such conditions, a kind of economic system is created that supports the functionality and efficiency of the network.
AION Price Prediction 2020-2025
Interest in the new startup allowed AION in January 2018 to achieve a coin exchange rate of about $ 11, with a market capitalization of $ 700 million.
After the market correction, the price decreased, and as of February 5, 2018, was $ 2.26.
The first auction was held on October 18, 2017, at the rate of $ 0.62. On November 24, 2017, the rate exceeded $ 1.0; January 08, 2017 - $ 10.0. At the end of January 2018, the cost of the coin is about $ 5.0. It has a fairly high even average daily volatility, which makes it attractive to speculators. Also, the cryptocurrency has positive analytical forecasts for both the short and long term (especially in terms of technological growth).
Already during the ICO, the market capitalization of the project reached $ 648.7 million. During January 2018, the exchange rate of the AION / USD pair underwent significant fluctuations, showing an increase in the token against the US Dollar by 28.82%. More than 50% of issued coins remain unallocated, and their gradual release to the market is planned for at least another three years.
At the time of writing, the altcoin rate is $ 0.104308 USD. Until the end of 2020, the rate will remain within 0.1 - 0.2 per coin. In subsequent years, as the community develops, the price will gradually rise, for 2022 the price may rise to $ 0.5 per coin, and by 2025 the asset can be traded within $ 1 per unit. Therefore, the altcoin is very interesting for long-term investment, and if you lose or will benefit from it, time will tell.
AION Technical Features
If you look at the scheme of this token, Aion very much resembles a local network. Inside, a protocol of interaction between various blockchains is laid down. The platform simply leads individually to a single standard. But the project not only allows the exchange of information, but it also allows you to move all the values from one type of network to another. Thus, a certain chain is created in which there is information regarding each transaction made.
The Aion cryptocurrency blockchain went much further than BTC (for example). That is why it is called the new generation blockchain. Created as such using the principles of justice, it has an open architecture. It turns out a multi-level network that allows you to solve the following tasks:
- Creation of a continuous decentralized chain (it will have feedback from customers);
- Ensure the interaction between completely different types of blockchains (this also includes databases);
- Create a platform for the development/implementation of blockchain applications;
- To create a reliable economic foundation of the platform (to get rid of a high level of volatility, increase liquidity, significantly reduce inflation, eradicate coin devaluation in advance);
- To ensure global and uninterrupted operation of the entire chain.
Information is transmitted by an interblock bridge. That carries out the standardization of each transaction. It is due to it that the interaction between the Aion cryptocurrency blockchains takes place.
How to Buy, Sell, Store AION?
The direct purchase of AION tokens is not yet possible. You can purchase them through fiat currencies Ether and Bitcoin, using personal transactions or online trading services: exchangers and exchanges. AION is already trading on them, but its blockchain is not ready yet, it is possible to mine it only through Ether tokens. Since December 29, 2017, it is possible to withdraw coins from exchanges and store them on ETN wallets (for example, myetherwallet.com and others).
AION Mining
The token mining is based on the Equihash consensus algorithm - PoW. In the first 12 months of existence, miners could receive a maximum reward of 4.56 million tokens. Later, management came up with the following methodology: the amount of remuneration will be a one percent inflationary model. The percentage also included the loss of tokens to be used.
The Aion mining model is profitable and correct from an economic point of view. It not only preserves the platform's capabilities but also stimulates the growth of the token.