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Understand the issuance price and total issuance of ICP coins in one article
The initial coin offering (ICO) of ICP coins took place on May 10, 2021, at a price of $0.0014 per ICP.
Oct 06, 2024 at 07:36 am
Understanding ICP Coin Issuance: Price and Quantity
1. Issuance Price
The initial coin offering (ICO) of Internet Computer Protocol (ICP) coins took place on May 10, 2021, at a price of $0.0014 per ICP.
2. Total Issuance
The total supply of ICP coins is 469,213,710.
3. Distribution of Initial Issuance
The initial issuance of ICP coins was distributed as follows:
- Seed Funding (15%): 70,382,056 ICP (locked for one year)
- Strategic Partners (25%): 117,303,428 ICP (locked for six months)
- Public Sale (60%): 281,528,226 ICP (unlocked at TGE)
4. Vesting and Lock-Up Periods
- Seed Funding: Tokens unlocked after one year from TGE
- Strategic Partners: Tokens unlocked after six months from TGE in equal tranches over six months
- Foundation ICP: 25 million tokens (approximately 5%) set aside for various initiatives, including ecosystem development and research grants
5. Coin Distribution Timeline
- May 10, 2021: TGE (token generation event) and public sale launch
- November 10, 2021: First unlock of Strategic Partners tokens
- May 10, 2022: Unlock of Seed Funding tokens
- November 10, 2022: Final unlock of Strategic Partners tokens
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！
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