-
Bitcoin $84,499.9954
3.17% - Ethereum
$1,920.7198
1.71% - Tether USDt
$1.0001
0.04% - XRP
$2.4215
5.99% - BNB
$593.2922
1.82% - Solana
$135.1245
8.57% - USDC
$1.0000
0.02% - Cardano
$0.7492
6.18% - Dogecoin
$0.1736
2.85% - TRON
$0.2228
-1.19% - Pi
$1.4663
-11.28% - Chainlink
$14.0188
5.76% - UNUS SED LEO
$9.8009
0.91% - Stellar
$0.2781
1.77% - Hedera
$0.1944
2.27% - Avalanche
$18.6256
-0.66% - Shiba Inu
$0.0...01278
3.52% - Sui
$2.3755
9.47% - Toncoin
$2.9592
6.11% - Litecoin
$92.0629
3.42% - Polkadot
$4.2377
5.30% - Bitcoin Cash
$332.6247
1.59% - MANTRA
$6.2967
1.16% - Ethena USDe
$0.9998
0.03% - Dai
$1.0001
0.00% - Bitget Token
$4.4230
5.76% - Hyperliquid
$14.2795
11.98% - Monero
$210.9827
1.87% - Uniswap
$6.0830
2.67% - Aptos
$5.2963
2.79%
What is the issuance price of POL (ex-MATIC) coins?
The initial price of POL (formerly MATIC) coins, offered during the project's ICO in April 2019, was $0.00263.
Dec 07, 2024 at 10:38 pm
What is the Issuance Price of POL (ex-MATIC) Coins?
Introduction
The Polygon (previously known as Matic Network) blockchain is a Layer-2 scaling solution for Ethereum. It aims to improve the scalability, transaction speed, and cost-effectiveness of Ethereum transactions while maintaining security. POL (formerly MATIC) is the native cryptocurrency of the Polygon ecosystem.
Issuance Price
The issuance price of POL coins refers to the price at which they were initially offered to the public during the project's initial coin offering (ICO).
The Polygon ICO was held on April 23-27, 2019, and raised a total of $684 million. During the ICO, 1 POL coin was sold for $0.00263. This means that the issuance price of POL coins was $0.00263.
Factors Influencing Issuance Price
The issuance price of a cryptocurrency is typically determined by various factors, including:
- Project's value proposition and roadmap
- Market demand and supply dynamics
- Market conditions and investor sentiment
- Team's reputation and credibility
Significance of Issuance Price
The issuance price of a cryptocurrency serves as a benchmark against which its subsequent price movements can be compared. It also provides insights into the initial valuation of the project and the expectations of early investors.
Conclusion
The issuance price of POL coins was $0.00263 during the project's ICO in April 2019. This price was determined by a combination of factors, including the project's value proposition, market demand, and investor sentiment.
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.
- In the shadow of the economic restrictions imposed by the West, Moscow is charting a new path for its energy trade. Faced with exclusion from the international financial system, Russia has found an alternative solution: the use of Bitcoin (BTC) and Tether
- 2025-03-15 10:45:53
- Global equity markets garnered support Friday from a rally in Chinese stocks
- 2025-03-15 10:45:53
- BitMEX co-founder Arthur Hayes believes Bitcoin (BTC) will soar to new all-time highs by the year's end
- 2025-03-15 10:30:54
- Cardano (ADA) trading volumes have exploded, averaging $720 million per day in February and exceeding $1.4 billion in March
- 2025-03-15 10:30:54
- Top 10 Cryptocurrency Mining Apps of 2025
- 2025-03-15 10:30:54
- Skyren DAO: The Future of Airdrop Farming and High-Yield Returns
- 2025-03-15 10:25:54
Related knowledge
Which cryptocurrency websites are good for beginners?
Mar 14,2025 at 04:48pm
CoinbaseUser - friendly Interface: Coinbase offers a clean and intuitive interface that is easy for beginners to navigate. The platform is designed to be straightforward, with clear instructions for tasks like creating an account, depositing funds, and buying/selling cryptocurrencies. For example, when you log in, you are greeted with a dashboard that s...
How much will Bitcoin be worth in 2025
Mar 14,2025 at 04:23pm
Predicting the value of Bitcoin in 2025 is an extremely complex task. Bitcoin, as the pioneer of cryptocurrencies, has a price influenced by a vast array of factors, ranging from market dynamics and technological advancements to regulatory changes and global economic conditions.Market Supply and DemandLimited Supply: Bitcoin has a capped supply of 21 mi...
What are the core functions of the smart contract of ERC-20 tokens?
Mar 15,2025 at 11:10am
Key Points:ERC-20 smart contracts define the core functionality of a token, enabling transferability, balance tracking, and allowance for delegated transfers.Beyond basic token mechanics, smart contracts can incorporate features like burning, minting, and pausing token transactions.Advanced functionalities may include integration with other DeFi protoco...
What are the main functions of ERC-20 tokens?
Mar 13,2025 at 12:21am
Key Points:ERC-20 tokens are standardized tokens built on the Ethereum blockchain, enabling interoperability and ease of use.Their primary function is to represent fungible assets, meaning each token is interchangeable with any other of the same type.ERC-20 tokens facilitate various use cases, including fundraising (ICOs/IEOs), representing in-game asse...
How are ERC-20 tokens created on the Ethereum blockchain?
Mar 13,2025 at 01:30pm
Key Points:ERC-20 tokens are created by deploying a smart contract to the Ethereum blockchain.This smart contract defines the token's properties, such as name, symbol, total supply, and decimals.Several tools and platforms simplify the process, including online IDEs and dedicated token creation services.Understanding Solidity programming is crucial for ...
What is the ERC-20 standard?
Mar 12,2025 at 06:30pm
Key Points:The ERC-20 standard is a technical specification for creating tokens on the Ethereum blockchain.It defines a common set of rules and functions that all ERC-20 tokens must adhere to.This standardization facilitates interoperability and ease of use for developers and users.Understanding ERC-20 is crucial for anyone involved in Ethereum-based to...
Which cryptocurrency websites are good for beginners?
Mar 14,2025 at 04:48pm
CoinbaseUser - friendly Interface: Coinbase offers a clean and intuitive interface that is easy for beginners to navigate. The platform is designed to be straightforward, with clear instructions for tasks like creating an account, depositing funds, and buying/selling cryptocurrencies. For example, when you log in, you are greeted with a dashboard that s...
How much will Bitcoin be worth in 2025
Mar 14,2025 at 04:23pm
Predicting the value of Bitcoin in 2025 is an extremely complex task. Bitcoin, as the pioneer of cryptocurrencies, has a price influenced by a vast array of factors, ranging from market dynamics and technological advancements to regulatory changes and global economic conditions.Market Supply and DemandLimited Supply: Bitcoin has a capped supply of 21 mi...
What are the core functions of the smart contract of ERC-20 tokens?
Mar 15,2025 at 11:10am
Key Points:ERC-20 smart contracts define the core functionality of a token, enabling transferability, balance tracking, and allowance for delegated transfers.Beyond basic token mechanics, smart contracts can incorporate features like burning, minting, and pausing token transactions.Advanced functionalities may include integration with other DeFi protoco...
What are the main functions of ERC-20 tokens?
Mar 13,2025 at 12:21am
Key Points:ERC-20 tokens are standardized tokens built on the Ethereum blockchain, enabling interoperability and ease of use.Their primary function is to represent fungible assets, meaning each token is interchangeable with any other of the same type.ERC-20 tokens facilitate various use cases, including fundraising (ICOs/IEOs), representing in-game asse...
How are ERC-20 tokens created on the Ethereum blockchain?
Mar 13,2025 at 01:30pm
Key Points:ERC-20 tokens are created by deploying a smart contract to the Ethereum blockchain.This smart contract defines the token's properties, such as name, symbol, total supply, and decimals.Several tools and platforms simplify the process, including online IDEs and dedicated token creation services.Understanding Solidity programming is crucial for ...
What is the ERC-20 standard?
Mar 12,2025 at 06:30pm
Key Points:The ERC-20 standard is a technical specification for creating tokens on the Ethereum blockchain.It defines a common set of rules and functions that all ERC-20 tokens must adhere to.This standardization facilitates interoperability and ease of use for developers and users.Understanding ERC-20 is crucial for anyone involved in Ethereum-based to...
See all articles
