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How much is EGO issued?
The native token of Egretia, EGO, was issued with a total supply of 500 million tokens, 20% allocated to the public sale.
Dec 04, 2024 at 01:18 am
How Much is EGO Issued?
EGO, the native token of the Egretia platform, has a total supply of 500 million tokens. The token distribution is as follows:
- Public sale: 20% (100 million tokens)
- Team and advisors: 15% (75 million tokens)
- Ecosystem and community development: 15% (75 million tokens)
- Platform reserve: 30% (150 million tokens)
- Strategic partners: 20% (100 million tokens)
The public sale was held in June 2018, and the tokens were sold at a price of $0.10 each. The sale raised a total of $10 million, which was used to fund the development of the Egretia platform.
The team and advisors received their tokens in exchange for their contributions to the project. The ecosystem and community development tokens will be used to support the growth of the Egretia ecosystem, including the development of new games and applications. The platform reserve tokens will be used to support the long-term growth of the Egretia platform.
The strategic partners received their tokens in exchange for their support of the project. These partners include gaming companies, venture capitalists, and media outlets.
The current circulating supply of EGO is approximately 180 million tokens, with the remaining tokens being held by the team, ecosystem, and platform reserve.
Here are some additional details about the EGO token:
- The EGO token is an ERC-20 token, which means it is built on the Ethereum blockchain.
- The EGO token is used to pay for transaction fees on the Egretia platform.
- The EGO token is also used to reward users for their contributions to the Egretia ecosystem.
- The EGO token is available for trading on several cryptocurrency exchanges, including Binance, Huobi, and OKEx.
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