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TON coin issuance price and total issuance volume in one article
The TON coin (Gram) was initially issued at $0.30 per coin in a private placement in 2018, with a total issuance volume of 4.8 billion coins.
Oct 14, 2024 at 02:36 am
1. TON Coin Issuance Price
The Telegram Open Network (TON) coin, also known as Gram, was initially issued at a price of $0.30 per coin during its private placement in 2018.
2. Total Issuance Volume
The total issuance volume of TON coins is 4.8 billion, distributed as follows:
- Public Sale: 2.54 billion coins
- Private Sale: 1.19 billion coins
- Reserved for Telegram: 1.07 billion coins
Additional Details
- The private sale took place in two rounds, raising a total of $1.7 billion.
- The public sale was conducted in two phases in 2018 and 2019, raising an additional $1.1 billion.
- The remaining 1.07 billion coins are held in reserve by Telegram for future development and ecosystem growth.
- TON coins are intended to facilitate transactions and operations within the TON blockchain ecosystem.
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