What is the issue price of FIS coins? Introduction to the issue price and issue quantity of FIS coins

The initial coin offering (ICO) of FIS coins in June 2019 offered them at a price of CNY 1.35 per FIS, equivalent to approximately USD 0.22 at the time.

Oct 05, 2024 at 11:36 pm

What is the Issue Price of FIS Coins?

1. Understanding FIS Coins
FIS coins, short for FISCO BCOS native tokens, are the native cryptocurrency of the FISCO BCOS blockchain platform. They are used for various purposes within the FISCO BCOS ecosystem, including:

Transaction fees on the blockchain
Staking for rewards
Governance and voting on blockchain proposals

2. Issue Price of FIS Coins
The issue price of FIS coins during the initial coin offering (ICO) in June 2019 was:

CNY 1.35 per FIS

3. Issue Quantity of FIS Coins
During the ICO, a total of 100 million FIS coins were issued, representing:

10% of the maximum supply of 1 billion FIS coins

Additional Notes:

The ICO price of FIS coins was the equivalent of approximately USD 0.22 at the time of issuance.
The remaining 90% of FIS coins (900 million) were allocated to the project team, ecosystem development, and other purposes.
FIS coins are currently traded on several cryptocurrency exchanges, with varying prices based on market demand and supply.

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