Cryptocurrencies

Text

What is the issue price of EOS coins? Introduction to the issue price and issue quantity of EOS coins

The issuance price of EOS coins was initially $0.50 USD, fluctuating to a peak of $5.00 during the token sale period.

Oct 23, 2024 at 12:00 pm

Understanding the Issuance Price and Quantity of EOS Coins

EOS coins, the native cryptocurrency of the EOS blockchain, were issued through a token sale held from June 26 to July 1, 2017. Here's an in-depth look at the issuance price and quantity of EOS coins:

1. Issuance Price

The initial **issuance price of EOS coins was $0.50 USD per coin**. However, the price fluctuated during the token sale period and reached a peak of $5.00 USD per coin.

2. Issuance Quantity

A total of 1 billion EOS coins were created and distributed during the token sale. The following is a breakdown of the initial distribution:

50% (500 million EOS) sold to the public through the token sale.
20% (200 million EOS) reserved for the EOS Foundation.
15% (150 million EOS) allocated to Block.one, the company that developed the EOS software.
10% (100 million EOS) reserved for development grants and incentives.
5% (50 million EOS) used to cover token sale expenses.

3. Current Value of EOS Coins

The value of EOS coins has fluctuated significantly since their initial issuance. As of August 5, 2023, the price of EOS is approximately $1.25 USD per coin. The total market capitalization of EOS is approximately $1.25 billion USD.

Conclusion

The issuance price and quantity of EOS coins were key factors in shaping the initial distribution and value of the cryptocurrency. While the price has fluctuated over time, EOS remains a significant player in the blockchain ecosystem.

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

AVA

$0.1132

98.02%

Trade Now
SHIBTC

$5.5176

97.50%

Trade Now
DOGE

$0.1443

49.34%

Trade Now
FARTCOIN

$1.4033

47.73%

Trade Now
SOLO

$0.5735

40.51%

Trade Now
DEXE

$21.0928

40.02%

Trade Now

Latest Crypto News

5 Potential Cryptocurrency Frontrunners Catching the Attention of Investors in the Dynamic Landscape Targeting 2025
2025-01-02 20:35:14
The Power of Meme Coins in 2025
2025-01-02 20:25:13
5 Bullish Cryptos Set to Generate Passive Income in 2025
2025-01-02 20:55:14
AI Agents Lead a New Era in Crypto
2025-01-02 20:35:14
4 Meme Coins to Buy Approaching the Bull-Run in 2025
2025-01-02 20:35:14
Lightchain AI: The Rising Star in the Blockchain Space Amid Dogecoin and Pepe Price Declines
2025-01-02 21:05:14

Related knowledge

What Is The Difference Between Fungible And Non-Fungible Tokens?

Nov 26,2024 at 01:04pm

Fungible vs. Non-Fungible Tokens: A Comprehensive GuideIn the realm of blockchain technology, the concept of tokens lies at the core of many applications. Tokens represent digital assets that can be used to facilitate transactions, store value, or represent ownership. However, there exists a fundamental distinction between two types of tokens: fungible ...

What is a Public Key Infrastructure?

Nov 23,2024 at 12:30am

What is a Public Key Infrastructure?IntroductionA Public Key Infrastructure (PKI) is a framework that enables secure communication over a network by managing digital certificates and public-key cryptography. PKI plays a crucial role in various blockchain applications, ensuring data integrity, authentication, and non-repudiation.Components of a PKIA PKI ...

What is MEV (Miner Extractable Value)?

Nov 22,2024 at 06:22pm

What is Miner Extractable Value (MEV)?Introduction:Miner Extractable Value (MEV) is a term used to describe the profit that miners can make by manipulating the order of transactions in a block. This manipulation is possible because miners have the ability to choose the order in which transactions are included in a block, and they can use this power to f...

What is a Genesis Block?

Nov 24,2024 at 09:10pm

Decoding the Genesis Block: The Birth of BlockchainIntroductionThe Genesis block stands as the inaugural chapter in the blockchain saga, igniting the spark that revolutionized the world of finance and technology. This foundational block holds immense significance, embodying the inception of immutable ledgers, decentralized networks, and the transformati...

What Is an NFT Game?

Nov 26,2024 at 07:05am

What Is an NFT Game?Non-fungible tokens (NFTs) have taken the digital world by storm, empowering creators, collectors, and enthusiasts alike to own and trade unique digital assets. The integration of NFTs into the gaming industry has given rise to a captivating new realm known as NFT games, where players can not only enjoy immersive experiences but also...

What Is an NFT Marketplace?

Nov 22,2024 at 07:43pm

What Is an NFT Marketplace?An NFT marketplace is a platform that facilitates the buying, selling, and trading of non-fungible tokens (NFTs). NFTs are unique digital assets that represent ownership of a specific item, such as a piece of art, music, video, or other collectible. NFT marketplaces allow users to create, list, and purchase NFTs, with transact...