Understand the DOT coin issuance price and total issuance in one article

Initially issued at $0.50 per coin during a 2020 crowd sale, the DOT coin has a capped total issuance of 1,000,000,000 coins, with around 95% currently in circulation.

Sep 30, 2024 at 04:42 pm

Understanding DOT Coin Issuance Price and Total Issuance

1. DOT Coin Issuance Price

The DOT coin, which is the native cryptocurrency of the Polkadot blockchain, was initially issued through a crowd sale in October 2020.
The issuance price of DOT was $0.50 per coin.

2. Total DOT Coin Issuance

The total issuance of DOT is capped at 1,000,000,000 coins.
As of today, approximately 951,456,504 DOT coins are in circulation.

Additional Details:

The DOT issuance model includes a pre-sale round and a public auction round.
50% of the total DOT supply was allocated to the pre-sale, which was held from July 2019 to September 2019.
50% of the total DOT supply was allocated to the public auction round, which took place in October 2020.
The remaining DOT supply is reserved for future ecosystem development and staking rewards.

Summary:

DOT coins were initially issued at $0.50 per coin during its crowd sale in October 2020.
The total capped issuance of DOT is 1,000,000,000 coins, with approximately 951,456,504 coins in circulation as of today.
The issuance model included a pre-sale round and a public auction round, with 50% of the supply allocated to each.

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