Understand the issuance price and total issuance volume of AGIX coins in one article

During its May 2018 ICO, AGIX coins were initially issued at $0.12, with a total issuance volume of 880,000,000 coins, distributed among investors, the team, and advisors.

Oct 01, 2024 at 04:05 am

Understanding AGIX Coin Issuance Price and Total Circulation

1. Issuance Price

The initial issuance price of AGIX coins was $0.12 during its initial coin offering (ICO) in May 2018.

2. Total Issuance Volume

The total issuance volume of AGIX coins is 880,000,000. This includes:

• Circulating Supply: 683,273,326 AGIX
• Reserved for Future Issuance: 196,726,674 AGIX

3. Distribution of AGIX Coins

The AGIX coins were distributed as follows:

• Seed Round: 20%
• Private Sale: 35%
• Public Sale: 30%
• Team: 10%
• Advisors: 5%

4. Token Allocation Breakdown

The following table provides a breakdown of the token allocation:

Token Allocation	Percentage
Seed Round	176,000,000 AGIX
Private Sale	308,000,000 AGIX
Public Sale	264,000,000 AGIX
Team	88,000,000 AGIX
Advisors	44,000,000 AGIX

5. Token Unlock Schedule

The seed round and team tokens were subject to a 12-month lock-up period, while the private sale tokens were locked up for 6 months. The public sale tokens were not subject to any lock-up period.

6. Token Usage

AGIX coins are used as the native cryptocurrency for the SingularityNET platform. They can be used to purchase services, pay for membership, and participate in the governance of the network.

7. Conclusion

The issuance price of AGIX coins was $0.12 during the ICO in 2018. The total issuance volume is 880 million AGIX coins, with a circulating supply of over 683 million coins. The tokens were distributed to various stakeholders, including seed round investors, private sale participants, and the team. AGIX coins are used as the native cryptocurrency for the SingularityNET platform and are essential for its operation and governance.