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Learn about the issuance price and total issuance of LEO coins in one article
LEO coins, initially issued at $1.00 each, have a capped issuance of 400 million, with the LEO Foundation holding the largest allocation of 37.5%.
Oct 17, 2024 at 08:18 am
LEO Coin Issuance: Price and Total Amount
1. Issuance Price
- LEO coins were initially issued at a price of $1.00 per coin.
2. Total Issuance
The total issuance of LEO coins is capped at 400 million, with a distribution as follows:
- 150 million (37.5%) allocated to the LEO Foundation
- 100 million (25%) sold to strategic investors
- 100 million (25%) reserved for future distribution to the community
- 50 million (12.5%) distributed to the Unibright team and partners
3. Current Market Price
As of [date], the current market price of LEO coin is $[current price]**.
4. Factors Affecting Price
The price of LEO coin is influenced by various factors, including:
- Market demand for the coin
- Supply and issuance of new coins
- Overall cryptocurrency market trends
- Success and adoption of the Leo blockchain
5. Future Outlook
The LEO Foundation believes that LEO coin has strong potential for growth and adoption in the future. The foundation plans to use the funds raised from the coin sale to develop and promote the Leo blockchain and its applications.
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