What is the issuance price of CELO coins? Who is the largest holder of celo currency?

CELO is a cryptocurrency for building decentralized applications. This article explores CELO’s offering price and information about its largest holders.

CELO coin issuance price and CELO coin issuance price of the largest holder CELO coin was launched for the Initial Token Offering (IEO) on Binance Launchpad in April 2020 , the issue price is $1. The largest holder of CELO coins According to CoinCarp data, as of March 2023, the largest holder of CELO coins is the US-based investment company a16z. a16z holds approximately 105 million CELO coins, worth approximately $105 million.

In addition to a16z, other major holders include:

Polychain Capital: owns about 25 million CELO coins, worth about 2,500 million dollars.

Dragonfly Capital: Owns about 15 million CELO coins, worth about $15 million.

Pantera Capital: Owns about 10 million CELO coins, worth about $10 million.

These large holders are major players in the CELO ecosystem and have made significant contributions to the development and governance of the project.

Distribution of CELO The total supply of CELO coins is 1 billion, distributed as follows:

Circulating supply: approximately 648 million, accounting for approximately 64.8% of the total supply %.

CELO Foundation: holds about 120 million coins, accounting for about 12% of the total supply.

Team and Advisors: Own approximately 104 million coins, accounting for approximately 10.4% of the total supply.

Early investors: own about 32 million coins, accounting for about 3.2% of the total supply.

Community Reserve: holds about 96 million coins for ecosystem development and other purposes.

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