What is the issuance price of ZRX coins?

The ZRX token was first issued in an ICO in August 2017 at a price of $0.12 each, raising $24 million for the 0x decentralized exchange protocol.

Nov 22, 2024 at 06:12 am

ZRX Coin Issuance Price: A Comprehensive Overview

Introduction

ZRX is a utility token that powers the 0x decentralized exchange protocol. It is used to pay for transaction fees and to incentivize liquidity providers. The ZRX token was first issued in an initial coin offering (ICO) in August 2017. The ICO raised $24 million, and the ZRX tokens were sold at a price of $0.12 each.

Factors Affecting ZRX Issuance Price

The issuance price of the ZRX token was determined by a number of factors, including:

The demand for the token from investors
The supply of the token being sold
The overall state of the cryptocurrency market

ICO Details

The ZRX ICO was held on August 15, 2017, and it raised $24 million. The ICO sold a total of 500 million ZRX tokens, which represented 50% of the total supply of tokens. The remaining 50% of the tokens were allocated to the 0x team, early investors, and advisors.

Token Distribution

The ZRX tokens were distributed to ICO participants as follows:

50% of the tokens were sold to the public
25% of the tokens were allocated to the 0x team
15% of the tokens were allocated to early investors
10% of the tokens were allocated to advisors

Token Release Schedule

The ZRX tokens were released to ICO participants on a vesting schedule. The vesting schedule was as follows:

25% of the tokens were released immediately
25% of the tokens were released after 3 months
25% of the tokens were released after 6 months
25% of the tokens were released after 9 months

Current ZRX Price

As of January 1, 2023, the ZRX token is trading at $0.58. The token has a market capitalization of $58 million.

Conclusion

The ZRX token was first issued in an ICO in August 2017. The ICO sold a total of 500 million ZRX tokens, which represented 50% of the total supply of tokens. The ZRX tokens were sold at a price of $0.12 each. The token is currently trading at $0.58, and it has a market capitalization of $58 million.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Fear & Greed Index

Trade Now

Biggest Gainers

BANANA

$16.6599

43.19%

Trade Now
GIGA

$0.0137

36.69%

Trade Now
XYO

$0.0118

28.35%

Trade Now
SOS

$0.1646

24.45%

Trade Now
AKT

$1.4872

24.10%

Trade Now
TOSHI

$0.0...03724

20.90%

Trade Now

Latest Crypto News

Bitcoin and Ethereum ETFs Experience Significant Outflows, Signalling a Shift in Investor Sentiment
2025-03-12 20:55:50
The 7 Best Cloud Mining Platforms to Profit from Bitcoin (BTC) and Dogecoin (DOGE) in 2025
2025-03-12 20:55:50
Ahead of Wednesday's CPI data from the U.S. Bureau of Labor Statistics, the altcoin market – led by XRP, and Sui (SUI) – recorded mild gains.
2025-03-12 20:55:50
Defying the Market Crash, $DRB Hits New ATH at $24M
2025-03-12 20:55:50
EigenLayer proves that the need for Ethereum security space ≠ monetization of Ethereum security space.
2025-03-12 20:55:50
Soneium Expands Its Reach to Mainstream Web3 Adoption by Partnering with LINE
2025-03-12 20:50:50

Related knowledge

What is Ethereum’s Slashing mechanism and how to punish malicious behavior?

Feb 20,2025 at 03:08am

Key PointsOverview of slashingDifferent types of slashing in EthereumIncentives and consequences of slashingIdentifying and reporting slashed validatorsOngoing discussions and potential improvementsEthereum's Slashing Mechanism: Punishing Malicious BehaviorEthereum's slashing mechanism is an essential tool for ensuring network security and punishing mal...

What is the verifier node of Ethereum and how to become a verifier?

Feb 19,2025 at 06:00pm

The Verifier Node of Ethereum: A Comprehensive GuideKey Points:What is a Verifier Node?How to Become a Verifier NodeResponsibilities and Rewards of a Verifier NodeMinimum Requirements for Becoming a Verifier NodePotential Difficulties in Running a Verifier Node1. What is a Verifier Node?A Verifier Node is an independent entity on the Ethereum network th...

What is Ethereum’s staking, and how to participate and earn money?

Feb 19,2025 at 04:37pm

Key Points:Understanding Ethereum's Staking MechanismSteps to Participate in StakingBenefits and Rewards of StakingSecurity and Risk ConsiderationsTechnical Requirements and Hardware OptionsPotential Challenges and Troubleshooting TipsFAQs on Ethereum StakingWhat is Ethereum's Staking?Proof-of-Stake (PoS) is a consensus mechanism used in blockchain netw...

What is Ethereum’s DAO (Decentralized Autonomous Organization) and how does it work?

Feb 20,2025 at 03:12am

Key PointsDefinition and Structure of a DAOGovernance and Decision-Making in DAOsBenefits and Use Cases of DAOsChallenges and Limitations of DAOsWhat is Ethereum's DAO (Decentralized Autonomous Organization) and How Does It Work?Definition and Structure of a DAOA Decentralized Autonomous Organization (DAO) is an innovative governance and management fram...

What is Ethereum's multi-signature wallet and how to improve security?

Feb 20,2025 at 02:18pm

Key Points:Understanding the Concept of a Multi-Signature WalletBenefits and Drawbacks of Multisig WalletsRequirements for Setting Up a Multisig WalletStep-by-Step Guide to Generating a Multisig WalletImplementing Strategies for Enhanced Security1. Understanding the Concept of a Multi-Signature WalletA multi-signature (multisig) wallet in the Ethereum e...

What is Ethereum's oracle and how to provide data for smart contracts?

Feb 21,2025 at 01:30am

Key Points:Understanding the concept of oracles in EthereumExploring different types of oraclesDetailed guide on how to provide data for smart contractsAddressing potential challenges and considerationsWhat is Ethereum's Oracle?Oracles are crucial components in the Ethereum ecosystem, enabling smart contracts to access real-world data and off-chain even...