The total issuance of ICP coins is 469,213,710, and the distribution is as follows: 20% is owned by the team, 15% is dedicated to network rewards, and 65% is sold to investors.
#What is the total issuance of ICP coins?
The InterPlanetary Computer (ICP) coin is a network token that powers the ICP network. ICP Network is a distributed cloud computing platform that allows users to store and process data.
The total issuance of ICP coins is 469,213,710, of which:
Allocation Breakdown:
Allocation Type | Percentage | Generation Number of coins |
---|---|---|
Team | 20% | 93,842,742 |
Network Reward | 15% | 70,382,056 |
Investor sale | 65% | 305,008,912 |
Issuance Schedule:
The initial supply of ICP coins has been released on May 10, 2021. The remaining tokens will be gradually released based on the network’s usage and governance mechanisms. Specific release plans have not yet been announced.
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