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What is the issuance price and issuance volume of Chromia (CHR) coins?
Chromia (CHR) coins were initially offered at an issuance price of $0.02 per CHR during the token sale held on March 26, 2019, with an issuance volume of 1 billion CHR.
Nov 26, 2024 at 11:18 pm

What is the Issuance Price and Issuance Volume of Chromia (CHR) Coins?
Chromia (CHR) is a blockchain platform designed for the development and deployment of decentralized applications (dApps). It operates on a proof-of-work (PoW) consensus mechanism and utilizes a native token, CHR, to facilitate transactions and secure the network.
Issuance Price of Chromia (CHR) Coins
The issuance price of Chromia (CHR) coins refers to the initial price at which they were offered to the public during the token sale. This price is typically set by the development team and is influenced by various factors, such as:
- Project's stage of development
- Market demand
- Tokenomics and token distribution
The issuance price of Chromia (CHR) coins was $0.02 per CHR during the token sale held on March 26, 2019. This price was set based on the team's assessment of the project's potential and the market conditions at the time.
Issuance Volume of Chromia (CHR) Coins
The issuance volume of Chromia (CHR) coins pertains to the total amount of CHR tokens that were initially released into circulation during the token sale. This volume plays a crucial role in determining the initial market capitalization of the token and its subsequent price fluctuations.
The issuance volume of Chromia (CHR) coins was 1 billion CHR during the token sale. This amount was chosen to strike a balance between ensuring sufficient liquidity for the tokens while maintaining scarcity to support their value.
Additional Details
Following the token sale, the distribution of Chromia (CHR) coins was as follows:
- 50% allocated to the team and early investors
- 35% allocated to the community through airdrops and bounties
- 15% allocated to the Chromia Foundation for ecosystem development
The total supply of Chromia (CHR) coins is capped at 1 billion CHR, ensuring that the supply remains finite and contributing to the token's potential long-term value.
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