Cardano Token Sale Statistics
The price of Cardano during the token sale was $ 0.0024 per ADA. The Cardano token sale started on Sep 1, 2015, and lasted until Jan 31, 2017. Compared to its initial token sale price, ADA is currently showing an ROI of
About Cardano Token Sale
Cardano was launched after an initial coin offering (ICO) in September 2017. The ICO for the ADA token, the native digital asset of the Cardano network, was organized by IOHK, the blockchain infrastructure company and the creator of Cardano.
The Cardano token sale was conducted in four stages, with the first one starting in September 2015 and the last one ending in January 2017. Out of the total supply of 45 billion ADA, roughly 26 billion were put for sale during the ICO. With roughly $62 million raised in the multi-stage event, the average price of a single ADA token was $0.0024.
Key dates, project details, and price data pertaining to the Cardano ICO:
- Cardano’s ADA initial coin offering started in September 2015 and lasted until January 2017
- Approximately 25.9 billion ADA tokens were allocated for the token sale
- The Cardano team was able to sell all tokens reserved for the sale during the ICO, which represented 57.6% of the total ADA token supply
- Cardano’s ICO price was $0.0024 per token
- Investors were able to acquire ADA with their Bitcoin holdings
- In total, $62.2 million was raised in the sale, which was the project’s hard cap funding figure
- The Cardano network launched in September 2017, roughly half a year after the ADA ICO ended
- ADA fulfills utility, staking, and governance roles in the Cardano ecosystem
What was the ICO price of Cardano?
ADA’s ICO price was $0.0024 per token. The participants in the token sale were able to buy more than 57% of the total ADA token supply during the ICO.
When did the Cardano ICO start? How long did it last?
The Cardano ICO started in September 2015, and lasted until January 2017, for a total of 16 months.
How much money was raised during the Cardano ICO campaign?
The Cardano team raised $62.2 million worth of Bitcoin in the ADA token sale. It is worth noting that the team was able to successfully meet its hard cap funding target.
How many tokens were sold in the ADA ICO?
25.9 billion ADA coins were reserved for the initial coin offering campaign. The Cardano team sold the tokens allocated for the ICO in their entirety.
How much of the total ADA token supply was sold in the ICO?
Approximately 57% of the total ADA supply was allocated for the token sale. They entered the crypto market after the Proof-of-Stake blockchain network went live in September 2017.
On which platform was the ADA ICO held?
Investors were able to purchase ADA with their BTC holdings. After the launch of the Cardano network, ADA tokens were made available to initial investors.
Who organized the Cardano ICO?
Cardano’s ADA ICO was organized by the Cardano team, including Charles Hoskinson, one of the co-founders of Ethereum and the founder of IOHK. The ICO followed strict Know Your Customer (KYC) guidelines.
