What is the issuance price of chz coins?

CHZ has an initial issuance price of $0.02 and raised $177 million at the time of the issuance. The issuance strategy includes staged releases, deflation mechanisms and partnership building.

CHZ Issue Price

CHZ (Chiliz) is a cryptocurrency targeted at the sports and entertainment industry. Its issuance price is as follows:

• Public Sale Price: $0.02 USD

Issue Details

• Public sale time: June 13, 2018
• Number of tokens sold: 8,888,888,888 CHZ
• Raised funds: US$177 million

Token Distribution

• Public Sale: 50%
• Ecosystem Development: 25%
• Chiliz Team and Advisors: 15%
• Reserved for Partnerships: 10 %

Issuance Strategy

CHZ’s issuance strategy aims to ensure its long-term stability by:

• Phased release: After the public sale, the tokens will be released in phases to prevent large price fluctuations.
• Deflation Mechanism: CHZ has implemented a stock buyback program to regularly purchase and destroy tokens based on the revenue generated by the platform, thereby reducing the supply in circulation.
• Partnerships: CHZ has partnerships with various sports and entertainment organizations to provide utility to the token and increase its value.

Current price

The current price of CHZ may vary depending on market conditions and supply and demand dynamics. See the latest cryptocurrency exchanges or price trackers for real-time price information.

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