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

The initial offering price of FTM coins during the ICO was $0.025 with a total of 3.175 billion coins issued.

Nov 01, 2024 at 04:18 pm

FTM Coin Issuance Price and Quantity

Fantom (FTM) is a high-throughput, scalable, and secure blockchain platform. The FTM coin is the native cryptocurrency of the Fantom blockchain.

Issuance Price

FTM coins were issued at a price of $0.025 during an initial coin offering (ICO) held on June 29, 2018.

Issuance Quantity

A total of 3.175 billion FTM coins were issued at the time of the ICO.

Distribution of FTM Coins

The FTM coins were distributed as follows:

35%: Sold to ICO participants
30%: Reserved for the Fantom Foundation
15%: Distributed to team members and advisors
10%: Allocated for partnerships and ecosystem development
10%: Held in reserve

Current Market Price

As of January 1, 2023, the market price of FTM is approximately $0.30.

Conclusion

The issuance price of FTM coins was $0.025. A total of 3.175 billion FTM coins were issued during the ICO held on June 29, 2018. The coins were distributed to ICO participants, the Fantom Foundation, team members and advisors, and partnerships and ecosystem development. As of January 1, 2023, the market price of FTM is approximately $0.30.

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

TURBO

$0.0056

25.55%

Trade Now
PUNDIX

$0.5622

24.39%

Trade Now
REX

$0.0396

20.30%

Trade Now
ORBR

$0.1020

17.96%

Trade Now
AVA

$0.0737

17.59%

Trade Now
STIK

$1.1171

15.08%

Trade Now

Latest Crypto News

Bitcoin Surges Past $96,000, Fueling Speculation That the $100,000 Milestone Is Imminent
2025-05-03 06:15:12
A LINCOLN penny worth a staggering $94,000 is still in circulation
2025-05-03 06:15:12
Ethereum (ETH) Experienced a Significant Drop of -45.41% in Q1 of 2025
2025-05-03 06:10:12
April Was a Big Month for Whales Targeting Ripple XRP and Bitcoin (BTC)
2025-05-03 06:10:12
Movement Labs Suspends Co-founder Rushi Manche After a Deal He Facilitated Caused Controversy
2025-05-03 06:05:13
FloppyPepe (FPPE): The AI Altcoin Poised To OutPerform XRP's 1,500% Rally
2025-05-03 06:05:13

Related knowledge

What is Ethereum’s Slashing mechanism and how to punish malicious behavior?

Feb 20,2025 at 03:08am

Key PointsOverview of slashingDifferent types of slashing in EthereumIncentives and consequences of slashingIdentifying and reporting slashed validatorsOngoing discussions and potential improvementsEthereum's Slashing Mechanism: Punishing Malicious BehaviorEthereum's slashing mechanism is an essential tool for ensuring network security and punishing mal...

What is the verifier node of Ethereum and how to become a verifier?

Feb 19,2025 at 06:00pm

The Verifier Node of Ethereum: A Comprehensive GuideKey Points:What is a Verifier Node?How to Become a Verifier NodeResponsibilities and Rewards of a Verifier NodeMinimum Requirements for Becoming a Verifier NodePotential Difficulties in Running a Verifier Node1. What is a Verifier Node?A Verifier Node is an independent entity on the Ethereum network th...

What is Ethereum’s staking, and how to participate and earn money?

Feb 19,2025 at 04:37pm

Key Points:Understanding Ethereum's Staking MechanismSteps to Participate in StakingBenefits and Rewards of StakingSecurity and Risk ConsiderationsTechnical Requirements and Hardware OptionsPotential Challenges and Troubleshooting TipsFAQs on Ethereum StakingWhat is Ethereum's Staking?Proof-of-Stake (PoS) is a consensus mechanism used in blockchain netw...

What is Ethereum’s DAO (Decentralized Autonomous Organization) and how does it work?

Feb 20,2025 at 03:12am

Key PointsDefinition and Structure of a DAOGovernance and Decision-Making in DAOsBenefits and Use Cases of DAOsChallenges and Limitations of DAOsWhat is Ethereum's DAO (Decentralized Autonomous Organization) and How Does It Work?Definition and Structure of a DAOA Decentralized Autonomous Organization (DAO) is an innovative governance and management fram...

What is Ethereum's multi-signature wallet and how to improve security?

Feb 20,2025 at 02:18pm

Key Points:Understanding the Concept of a Multi-Signature WalletBenefits and Drawbacks of Multisig WalletsRequirements for Setting Up a Multisig WalletStep-by-Step Guide to Generating a Multisig WalletImplementing Strategies for Enhanced Security1. Understanding the Concept of a Multi-Signature WalletA multi-signature (multisig) wallet in the Ethereum e...

What is Ethereum's oracle and how to provide data for smart contracts?

Feb 21,2025 at 01:30am

Key Points:Understanding the concept of oracles in EthereumExploring different types of oraclesDetailed guide on how to provide data for smart contractsAddressing potential challenges and considerationsWhat is Ethereum's Oracle?Oracles are crucial components in the Ethereum ecosystem, enabling smart contracts to access real-world data and off-chain even...