By 
Apr 18, 2017
Review: Ethereum
Ethereum had the most successful ICO ever. It is not praised as the Bitcoin 2.0 for nothing. Check out the most important facts about this initial coin offering:
Ethereum (ETH) | ICO Status: FINISHED | 15. August 2014 |
| Concept: The idea behind Ethereum is to create an alternative protocol for building decentralized applications (dapps) using smart contracts. Smart Contracts are using arbitary rules e.g if THIS HAPPENS then DO THAT. Building of decentralized autonomous organizations (daos) are also easily created, where a community of token-holders are able to vote and thus, executre orders. Whitepaper: Get more information  |
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Venture  | Raised Capital: 18.4m USD  Venture Round: Round 1  | Total Coins created at sale: 60 Million  |
Mining  | Supply: Ether creation is capped at 18 million per year. This means the relative influation is decreased every year. | Rewards: 5 Ether are created after each block (~15 seconds) 2-3 ether are sometimes sent to another miner if they were also able to find a solution, but it wasn't included. |
Initial Coin Offering  | ICO Launch: 12. July 2014 ICO Finish: 15. August 2014 ICO Tradable on Exchanges since: 30. July 2015 | ICO Tradable on following exchanges: Poloniex.com Bitfinex GDAX Bithumb Coinone Kraken and others |
Offices/Locations  | Ethereum Berlin Berlin, DEU Ethereum London London, GBR | Ethereum Amsterdam Amsterdam, NLD |
Team behind Ethereum
Ming Chan
Ddirector, Council Member
An alumna of Massachusetts Institute of Technology, where she studied Computer Science and Media Arts & Sciences
Vitalik Buterin
Creator of Ethereum
He cofounded Bitcoin Magazine in September 2011, and after two and a half years looking at what the existing blockchain technology and applications had to offer, wrote the Ethereum white paper in November 2013.
Jeffrey Wilcke
Technical Steering Group
Jeff is one of the founders of Ethereum. He started the first implementation of Ethereum using the Go programming language in 2013 and has been the Go team lead and head developer ever since.
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