Assets, Ethereum

What Year Did Ethereum ICO Take Place?

In July of 2014, Ethereum ICO took place and raised $18.4 million in Bitcoin, which was the largest ICO at that time. The Ethereum Foundation released the Ethereum white paper in November of 2013.

The project was led by Vitalik Buterin, who was a co-founder of Bitcoin Magazine. The Ethereum ICO took place on the Bitcoin blockchain.

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. In the Ethereum protocol and blockchain there is a price for each operation.

NOTE: WARNING: Investing in Ethereum involves a high degree of risk. Ethereum is a highly volatile asset and its value can increase or decrease substantially over short periods of time. Before investing in Ethereum, please ensure you fully understand the risks associated with this asset and the potential consequences that may result from investing in it. The Ethereum ICO took place in 2014 and since then there have been a number of changes to the underlying network that could potentially affect your investment. Therefore, it is important to thoroughly research the current state of the network before investing in Ethereum.

The general ledger is maintained by the Ethereum network miners.

The native currency of the Ethereum network is called ether. Ether can be transferred between accounts and used to compensate participant nodes for computations performed.

The results of the Ethereum ICO allowed the company to build an incredible team and launch the Ethereum network in July of 2015 with 72 million ether pre-mined. This was one of the most successful ICOs in history.

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