What is the issue price of POLYX? Introduction to POLYX issue price and issue quantity

The issue price of POLYX, the Polymath blockchain's native token used for governance, fees, and validator rewards, was $0.10 during the public token sale held on May 2, 2018.

Nov 06, 2024 at 07:24 am

What is the Issue Price of POLYX?

Background

POLYX is a native token of the Polymath blockchain, which focuses on security token offerings (STOs). It facilitates various features within the Polymath ecosystem, including governance, transaction fees, and rewards for validators.

Issue Price

The issue price of POLYX was determined through a public token sale held on May 2, 2018. During the sale, the following parameters were set:

Token Sale Type: Simple Agreement for Future Tokens (SAFT)
Total Token Supply: 1 billion POLYX
Allocation for Token Sale: 250 million POLYX (25%)
Issue Price: $0.10 per POLYX
Payment Accepted: Ether (ETH)

Issue Quantity

During the token sale, approximately 226 million POLYX were sold, raising a total of 22,600 ETH. The unsold tokens were retained by the Polymath team for future development and ecosystem growth.

Post-Issue Performance

Since its issuance, the price of POLYX has fluctuated based on market demand and developments within the Polymath ecosystem. As of [Date], the price of POLYX is approximately [Price].

Conclusion

The issue price of POLYX was set at $0.10 during the public token sale held on May 2, 2018. A total of 226 million POLYX were sold, raising 22,600 ETH. The price of POLYX has varied since its issuance, influenced by market conditions and Polymath-related developments.

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

RAIN

$0.007852

113.00%

Trade Now
PIPPIN

$0.06097

51.96%

Trade Now
PARTI

$0.1396

42.04%

Trade Now
WAVES

$0.9141

41.69%

Trade Now
ARC

$0.04302

35.73%

Trade Now
HONEY

$0.01029

21.80%

Trade Now

Latest Crypto News

Bitcoin, eCash Fork, and Airdrop Dynamics: A Deep Dive into Crypto's Latest Controversies
2026-05-03 12:55:01
Consensus 2026 Miami: Web3, Blockchain, Cryptocurrency, NFTs, Metaverse, Conference, May 5th — Where Wall Street Meets the Digital Frontier
2026-05-02 12:45:01
Fed Holds Rates Steady, Triggering Bitcoin Price Drop Amidst Geopolitical Tensions
2026-05-01 06:45:01
Bitcoin Miners Electrify the Grid: Ohio Gas Plant Acquisition Powers Up a New Era for Digital Gold
2026-05-01 00:45:01
MegaETH's MEGA Token Hits the Big Apple: Setting New Performance Benchmarks for Real-Time Blockchain
2026-05-01 00:55:01
Solana's Slippery Slope: Price Prediction Points to Resistance Loss and Potential Further Drops
2026-05-01 06:45:01

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 validato...

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 ...

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 ConsiderationsTec...

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 ...

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 Walle...

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 contrac...