The price of Ethereum during the token sale was $ 0.31 per ETH. The Ethereum token sale started on Jul 22, 2014, and lasted until Sep 2, 2014. Compared to its initial token sale price, ETH is currently showing an ROI of
Ethereum (ETH) was launched through an initial coin offering (ICO) in 2014. The ICO for the Ether token was officially announced by Ethereum founder Vitalik Buterin In early 2014 at a North American Bitcoin Conference in Miami. The fundraising model used by the Ethereum team was widely considered a novelty at the time.
The ICO campaign for Ethereum started on July 22 and lasted for 42 days - until September 2, 2014. Initially, investors who participated in the Ethereum ICO were able to obtain 2,000 ETH for 1 BTC. The price of ETH gradually increased throughout the ICO and by the end of the token sale, 1 BTC was enough to buy 1,337 ETH.
Key dates, project details, and price data pertaining to the Ethereum ICO:
- The Ethereum token sale kicked off on July 22 and lasted until September 2, 2022
- More than 60 million tokens were bought at an average ETH ICO price of roughly $0.31
- During the ICO, investors were able to obtain ETH in exchange for BTC
- Initially, one BTC was enough to buy 2,000 Ether tokens; by the end of the sale the Ether ICO price increased to 1,337 ETH for each BTC
- The Ethereum network launched in July 2015, roughly one year after the ICO took place
- At launch, the Ethereum platform had 72 million tokens, out of which over 60 million belonged to ICO investors
- The ETH token sale is widely considered one of the most successfully ICOs to date, with more than 31,500 BTC raised - worth $18.3 million at the Ethereum token ICO price
What was the ICO price of Ethereum (ETH)?
The ETH token ICO price was roughly $0.31. The price of the Ether token gradually increased during the ICO, from 2,000 ETH for 1 BTC to 1,337 ETH for 1 BTC. The minimum amount for participation was 0.01 BTC.
When did the Ethereum ICO start? How long did it last?
The Ethereum ICO started on July 22, 2014, and lasted until September 2, 2014, for a total of 42 days.
How much money was raised during the Ethereum ICO campaign?
The Ethereum team raised roughly $18.3 million worth of Bitcoin in the token sale, which was more than 31,500 BTC at the time of the ICO. It is worth noting that there was no hard cap funding target.
How many tokens were sold in the Ethereum ICO?
More than 60 million ETH tokens were sold in the ICO to buyers who received Ethereum coins in exchange for Bitcoin.
How much of the total ETH token supply was sold in the ICO?
While more than 60 million ETH were sold in the token sale, the Ethereum supply is uncapped, meaning that there is no maximum amount of tokens that can be in circulation at the same time. The Ethereum blockchain launched in 2015 with 72 million tokens, out of which 60 million belonged to ICO investors.
On which platform was the Ethereum ICO held?
The ETH token was the first digital asset launched on the Ethereum blockchain. Over the years, numerous tokens launched on the network, primarily using the ERC20 token standard.
Who organized the Ethereum ICO?
The token sale event for ETH was first proposed by Ethereum founder and lead developer Vitalik Buterin. The ICO was organized by the core Ethereum team.
Are all ICOs based on Ethereum?
No, not all ICOs are based on Ethereum. However, due to the popularity of the platform and the widely used ERC20 token standard guidelines, a vast majority of ICOs have been conducted on Ethereum over the years.
How many people participated in the Ethereum ICO?
The wallet designated for the Ethereum ICO received 6,600 transactions from different wallets during the 42-day ICO. However, the total number of people is likely smaller, since the same investors could have used multiple addresses. Given the low Ethereum ICO price, early adopters of the leading smart contract platform saw some of the largest returns out of any project in the crypto market to date.
