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What was the initial launch price of aelf(ELF)Coin?

The initial launch price of aelf (ELF) coin was $0.19, as determined by Binance Launchpad during the initial token sale in December 2017.

Dec 13, 2024 at 07:13 pm

What was the initial launch price of aelf(ELF)coin?

Initial Launch Price: $0.19

ELF Coin Overview:

aelf is a decentralized blockchain platform that aims to provide a high-performance, scalable, and secure environment for building DApps. The ELF coin is the native token of the aelf blockchain and is used to pay for transaction fees, reward miners, and participate in governance.

Initial Launch Details:
  • Launch Date: December 22, 2017
  • Platform: Binance Launchpad
  • Total Tokens Sold: 100 million ELF
  • Funds Raised: $19 million USD
Steps to Determine the Initial Launch Price:1. Identify the Launch Platform

Binance Launchpad is a platform for launching new cryptocurrency projects. It allows projects to raise funds by selling their tokens to investors.

2. Find the Initial Token Sale Page

Once you have identified the launch platform, you need to find the initial token sale page for the specific project. This page will typically contain information about the token sale, including the token price and the total number of tokens available for sale.

3. Check the Token Sale Price

On the initial token sale page, find the section that specifies the token sale price. This price is typically listed in USDT or BTC.

4. Convert to USD

If the token sale price is listed in USDT or BTC, you need to convert it to USD using a cryptocurrency exchange rate website.

Conclusion:

The initial launch price of aelf (ELF) coin was $0.19. This price was determined by Binance Launchpad during the initial token sale in December 2017. The total funds raised during the token sale were $19 million USD.

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