What is the issuance price and issuance volume of SolarX (SXCH) coins?

The issuance price of SolarX (SXCH) coins during their ICO in 2018 was $0.01, with a total issuance volume of 10 billion coins, of which 70% were available for public sale.

Dec 02, 2024 at 03:10 am

Issuance Price and Volume of SolarX (SXCH) Coins

Issuance Price

The issuance price of SolarX (SXCH) coins was $0.01 during its initial coin offering (ICO) in 2018.

Issuance Volume

The total issuance volume of SolarX (SXCH) coins is 10 billion. Out of this, 70% (7 billion SXCH) were available for public sale during the ICO, while the remaining 30% (3 billion SXCH) were allocated to the project team, advisors, and early investors.

Distribution of SXCH Coins

Here's a detailed breakdown of the SXCH coin distribution:

Public Sale: 7 billion SXCH (70%)
Team and Advisors: 1.5 billion SXCH (15%)
Early Investors: 1.2 billion SXCH (12%)
Foundation: 300 million SXCH (3%)

Purpose of the Issuance

The issuance of SXCH coins served several purposes, including:

Funding the SolarX Project: The funds raised from the ICO were used to develop and launch the SolarX platform, its blockchain infrastructure, and decentralized applications (dApps).
Rewarding Early Supporters: Participants in the ICO received SXCH coins in exchange for their financial contributions, becoming early supporters of the project.
Incentivizing Network Participation: SXCH coins are used to incentivize users to participate in the SolarX network, such as by providing computing resources, trading assets, and developing dApps.

Current Price and Market Cap

As of [Insert Date], the current price of SolarX (SXCH) coin is $0.02**. The fully diluted market capitalization of the project is around **$200 million.

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

CAIR

$0.6385

77.95%

Trade Now
BERA

$12.5280

39.06%

Trade Now
CUDOS

$0.0108

10.72%

Trade Now
PRO

$0.9910

9.01%

Trade Now
STPT

$0.0693

8.90%

Trade Now
TRIBE

$0.5447

8.55%

Trade Now

Latest Crypto News

Cardano (ADA) and Dogecoin (DOGE) Drop to Double-Digit Losses as Experts Reexamine Their Structures
2025-02-06 23:36:03
The Cardano (ADA) Price Climbed 2% in the Last 24 Hours to Trade at $0.7582
2025-02-06 23:36:03
Rollblock (RBLK) Set for 50x Gains in 2025's Bull Market as Tron (TRX) and Ripple (XRP) Look Poised for Further Gains
2025-02-06 23:36:03
1Fuel (OFT) – the next evolution in cross-chain trading
2025-02-06 23:36:03
DTX Exchange Raises $13.5 Million: A New Crypto Contender Emerges
2025-02-06 23:36:03
Rollblock (RBLK) Presale Surpasses $10M Mark, Experts Predict a 100x Rally
2025-02-06 23:36:03

Related knowledge

When was Litecoin issued?

Feb 04,2025 at 02:36am

When was Litecoin Issued?Key Points:Litecoin's inception and developmentLitecoin's launch date and market dynamicsLitecoin's technical specifications and key featuresLitecoin's Inception and DevelopmentLitecoin, conceived by former Google engineer Charlie Lee, emerged as a fork of Bitcoin in October 2011. Inspired by Bitcoin's revolutionary blockchain t...

Which is better, Litecoin or Tron?

Feb 04,2025 at 10:30pm

Key Points:Similarities between Litecoin and Tron: Decentralized, open-source blockchain platformsDifferences between Litecoin and Tron: Use cases, consensus mechanisms, transaction speedsFactors to consider when choosing between Litecoin and Tron: Investment goals, risk tolerance, specific use casesPotential benefits and drawbacks of Litecoin and Tron:...

How to buy and trade Litecoin?

Feb 04,2025 at 12:24pm

Key Points:Understand the Basics of LitecoinSelect a Suitable Cryptocurrency ExchangeCreate an Account on the ExchangeFund Your AccountPlace a Buy Order for LitecoinSecurely Store Your LitecoinUnderstand Litecoin TradingHow to Buy Litecoin?1. Understand the Basics of LitecoinLitecoin (LTC) is a decentralized digital currency similar to Bitcoin.Created i...

Which has better potential, Litecoin or Ethereum?

Feb 04,2025 at 05:30pm

Key Points:Litecoin and Ethereum are two of the most popular cryptocurrencies in the world.Both coins have their own unique advantages and disadvantages.Litecoin is a faster and cheaper transaction coin than Ethereum.Ethereum is a more versatile platform than Litecoin, and it can be used to create decentralized applications (dApps).Litecoin has a long h...

What country is the founder of Litecoin from?

Feb 04,2025 at 05:55am

Key Points:Litecoin's Founder and the Relationship with Charles LeeLitecoin's Technical Features and Similarities to BitcoinLitecoin's Role in the Cryptocurrency Ecosystem and Its PopularityComparative Analysis of Litecoin with Major CryptocurrenciesLitecoin's Community Involvement and PartnershipsArticle Content:Litecoin's Founder and the Relationship ...

Which is better, Litecoin or Ripple?

Feb 04,2025 at 08:00pm

Key Points:Litecoin: a decentralized, peer-to-peer cryptocurrency based on the Proof-of-Work consensus mechanismRipple: a centralized, enterprise blockchain solution designed for fast and low-cost paymentsDirect comparison of Litecoin vs. Ripple in terms of technology, market capitalization, use cases, and transaction feesPotential benefits and drawback...