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Understand the issuance price and total issuance of CRO coins in one article
The initial issuance price of CRO coins was set at $0.06 during the coin's ICO in November 2018, with a total supply of 25 billion coins.
Oct 13, 2024 at 03:42 pm
Understanding CRO Coin's Issuance Price and Total Supply
1. Issuance Price
The initial issuance price of CRO coins was $0.06 during its initial coin offering (ICO) in November 2018.
2. Total Issuance
The total supply of CRO coins is 25 billion. Out of which, 17 billion CRO were issued during the ICO, and the remaining 8 billion CRO were set aside for network operations and incentives.
Detailed Breakdown of Total Issuance:
- Public Sale: 12 billion CRO
- Private Sale: 5 billion CRO
- Strategic Round: 2 billion CRO
- Hold/Lockup: 6 billion CRO (set aside for network rewards and other purposes)
Conclusion
The issuance price and total supply of CRO coins are important factors that provide insight into the coin's early distribution and future availability. The relatively low initial issuance price and large total supply suggest a long-term growth strategy for the Crypto.com platform and its ecosystem.
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