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What is the issue price of SUI coins? Introduction to the issue price and issue quantity of SUI coins
During the token sale in September 2022, SUI coins were initially priced at $0.83, with a total of 100 million coins offered for sale.
Oct 17, 2024 at 03:11 am
What is the issue price of SUI coins?
1. Understanding the Issue Price
The issue price of SUI coins refers to the price at which the coins were initially sold to investors during the Initial Coin Offering (ICO) or token sale. It is generally determined by several factors, including market demand, supply, and the project's potential.
2. SUI Coin Issue Price
The issue price of SUI coins was set at **$0.83** during the token sale held in September 2022. A total of 100 million SUI coins were sold during the event, raising approximately $83 million.
3. Issue Quantity
In addition to the issue price, the issue quantity of SUI coins is also important to consider. The total supply of SUI coins is capped at 1 billion, with the following distribution schedule:
- 40% allocated for the token sale (400 million SUI)
- 20% allocated to the team and advisors (200 million SUI)
- 20% allocated to the foundation (200 million SUI)
- 20% allocated to long-term investors and ecosystem development (200 million SUI)
Conclusion
The issue price of SUI coins was set at $0.83 during the token sale held in September 2022, and the total issue quantity was 100 million SUI coins. This information helps investors understand the initial valuation and supply dynamics of the SUI project.
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