Ethereum

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Ethereum

Status

Ongoing

Description

Ethereum was initially described in a white paper by Vitalik Buterin,[18] a programmer and co-founder of Bitcoin Magazine, in late 2013 with a goal of building decentralized applications.[19][20] Buterin had argued that Bitcoin needed a scripting language for application development. Failing to gain agreement, he proposed the development of a new platform with a more general scripting language.

Starting date

January 13, 2019

Ending date

August 2, 2025

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Project Details
ICO Details
Team

Ethereum is the second-largest cryptocurrency platform by market capitalization, behind Bitcoin.[1][2] It is a decentralized open source blockchain featuring smart contract functionality. Ether is the cryptocurrency generated by Ethereum miners as a reward for computations performed to secure the blockchain.[3] Ethereum serves as the platform for over 260,000 different cryptocurrencies, including 47 of the top 100 cryptocurrencies by market capitalization.

Ethereum provides a decentralized virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes.[6] The virtual machine’s instruction set, in contrast to others like Bitcoin Script, is Turing-complete. “Gas”, an internal transaction pricing mechanism, is used to mitigate spam and allocate resources on the network.

Raised

$26,500,000

Softcap

$80,000,000

Hardcap

$90,000,000

Core Team
Steven Gonzalez
Founder & CEO
Reginald Wilson
Chief Operational Officer
Walter Perry
Lead Software Developer
Advisory Team
Anne Magee
Michael Rivera
Herman John
Carol Gregory
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