Assets, Ethereum

What Is the Price of Ethereum Cryptocurrency?

As of September 2019, the price of Ethereum was $219.42. Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference.

NOTE: Warning: Investing in Ethereum and other cryptocurrencies can be highly speculative and carry a high degree of risk. The price of Ethereum is subject to market volatility and is not guaranteed to remain stable. Before investing in Ethereum, please consider your investment objectives, risk tolerance, and financial situation. Investing in cryptocurrencies involves a high degree of risk, including the potential for complete loss of capital.

These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property. This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middleman or counterparty risk.

The project was bootstrapped via an ether presale in August 2014 by fans all around the world. It is developed by the Ethereum Foundation, a Swiss non-profit, with contributions from great minds across the globe.

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