Celsius Network (CEL) Tokenomics
Learn more about Celsius Network (CEL)) tokenomics and view project details below
What is the allocation for Celsius Network (CEL)?
The initial distribution of Celcius (CEL) tokens is as follows:
- 40.00% is allocated to Presale
- 10.00% is allocated to Crowdsale
- 27.00% is allocated to Treasury
- 19.00% is allocated to Team
- 2.00% is allocated to Partners
- 2.00% is allocated to Advisors
Source: Celsius Whitepaper (page 14)
What is the supply schedule for Celsius Network (CEL)?
The initial token launch date for Celcius (CEL) is 31 March 2018. Employee tokens are held in 3 allotments. The first allotment will be unlocked six months after the Token Generation Event. The second allotment of 4.75M tokens will be released only if the token price reaches an average of $1.50 for ten (10) days, and the 3rd allotment of 4.75M tokens will be released only if the average price remains $3.00 for thirty (30) days (meaning the price of CEL has increased 10x from the time of the crowdsale).
Source: Celsius Whitepaper
What are the funding rounds for Celcius (CEL)?
- $52M was raised in the Pre-Sale on 02/14/2018 with an average price of $0.2
- $19.50 was raised in the Crowd Sale on 03/16/2018 with an average price of $0.3
Last Updated: 6 July 2022
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