Ethereum’s ICO in 2014 is an early, prominent example of an initial coin offering. The Ethereum ICO raised $18 million over a period of 42 days.
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In addition, with the price of ethereum increasing from about $1.00 when Augur concluded its ICO to $316 today, many ether owners have been hesitant to trade it, resulting in low liquidity.28 Tem 2020
Read moreWhat was the ICO price of Ethereum?
In August 2014, Ethereum launched its native token, ether, through an initial coin offering (ICO). Some 50 million ETHs were sold at a price of $0.31 per coin , raising over $16 million for the project.
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