What is the issue price of EOS coins? Introduction to the issue price and issue quantity of EOS coins

The issuance price of EOS coins was initially $0.50 USD, fluctuating to a peak of $5.00 during the token sale period.

Oct 23, 2024 at 12:00 pm

Understanding the Issuance Price and Quantity of EOS Coins

EOS coins, the native cryptocurrency of the EOS blockchain, were issued through a token sale held from June 26 to July 1, 2017. Here's an in-depth look at the issuance price and quantity of EOS coins:

1. Issuance Price

The initial **issuance price of EOS coins was $0.50 USD per coin**. However, the price fluctuated during the token sale period and reached a peak of $5.00 USD per coin.

2. Issuance Quantity

A total of 1 billion EOS coins were created and distributed during the token sale. The following is a breakdown of the initial distribution:

• 50% (500 million EOS) sold to the public through the token sale.
• 20% (200 million EOS) reserved for the EOS Foundation.
• 15% (150 million EOS) allocated to Block.one, the company that developed the EOS software.
• 10% (100 million EOS) reserved for development grants and incentives.
• 5% (50 million EOS) used to cover token sale expenses.

3. Current Value of EOS Coins

The value of EOS coins has fluctuated significantly since their initial issuance. As of August 5, 2023, the price of EOS is approximately $1.25 USD per coin. The total market capitalization of EOS is approximately $1.25 billion USD.

Conclusion

The issuance price and quantity of EOS coins were key factors in shaping the initial distribution and value of the cryptocurrency. While the price has fluctuated over time, EOS remains a significant player in the blockchain ecosystem.