When Ethereum launched in 2015, its Initial Coin Offering (ICO) price was $0.311. This was before the cryptocurrency boom that began in late 2017, when Bitcoin reached its all-time high price of over $19,000. At the time of Ethereum’s ICO, Bitcoin was trading at around $225.
So, when Ethereum ICO’d at $0.311, it represented a 1,400% premium over the then-current price of Bitcoin.
Ethereum’s ICO was one of the most successful in terms of both funds raised and price performance. In total, Ethereum raised over $18 million in its ICO.
NOTE: WARNING: The Ethereum ICO Price is highly volatile and unpredictable. Investing in Ethereum tokens carries a high degree of risk and may not be suitable for all investors. Before investing in the Ethereum ICO, you should carefully consider your investment objectives, level of experience, and risk appetite. You should also be aware that the price of Ethereum tokens can go up or down significantly in a short period of time, so you should not invest more than you can afford to lose. If you have any questions or concerns about the Ethereum ICO Price, please seek independent financial advice.
And, as mentioned above, the Ethereum price has performed very well since launch. In fact, as of this writing (January 2018), the Ethereum price is around $1,100 – which is over 3,500% higher than its ICO price!.
There are several reasons why Ethereum’s ICO was so successful. First and foremost, the Ethereum project had (and still has) a very strong team of developers working on it.
Secondly, the Ethereum blockchain is very versatile and can be used for a wide variety of applications (unlike Bitcoin, which is primarily a digital currency). Finally, the demand for Ethereum was (and still is) very high due to its many potential uses cases.
So, what was Ethereum ICO price? In short, it was $0.311 – which represents a massive premium over the current price of Ethereum. While it’s impossible to predict where the price of Ethereum will go in the future, it’s safe to say that the project has a bright future ahead!.
9 Related Question Answers Found
EthereumATH price is the average price of Ethereum across all exchanges that are supported by the platform. The price is updated on a regular basis and is available in USD, EUR, and BTC. The price of Ethereum is based on the supply and demand of the currency.
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. Ethereum is a public blockchain-based platform that uses ether as its currency. The smart contract functionality of Ethereum 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 middle man or counterparty risk.
Ethereum Meta is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. Ethereum Meta price today is $0.047535 USD with a 24-hour trading volume of $16,767,461 USD. Ethereum Meta is down 6.51% in the last 24 hours.
The ICO price of Ethereum was $0.311 per ETH. The price of ETH during the ICO was set by the developers and early investors, and was not publicly traded on an exchange. The Ethereum ICO was one of the most successful ICOs in history, raising over $18 million worth of ETH from investors.
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. Ether, the native cryptocurrency of Ethereum, is mined with the use of a proof-of-work algorithm. Ether can be used to pay for transaction fees and computational services on the Ethereum network.
In June 2017, the price of Ethereum reached an all-time high of $400. Max price is the highest price that a cryptocurrency can reach in a given period of time. For Ethereum, this was achieved in June when the price reached $400.
When it comes to Ethereum, the gas price is the amount of cryptocurrency that a transaction requires in order to be processed on the blockchain. The higher the gas price, the faster the transaction will be processed. In most cases, the gas price is denominated in Gwei, which is a fraction of an ETH.
When Ethereum launched in 2015, its starting price was $0.30. This may seem like a relatively small amount, but when you consider that Ethereum is now worth over $1,000, it’s clear that this was a wise investment. There are several reasons why Ethereum’s price has increased so dramatically.
Ethereum transaction fees are the fees associated with the processing and confirmation of transactions on the Ethereum blockchain. Transactions on the Ethereum blockchain are processed by “miners”, which are rewarded with Ether, the native cryptocurrency of Ethereum, for their efforts. Transaction fees are paid by the sender of a transaction in order to have their transaction processed by the network.