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Ethereum Celebrates 10th Anniversary Since ICO, Raised Over $18 Million Selling 2,000 ETH per BTC

Jul 22, 2024, 01:40 PM

Ethereum celebrates its 10th anniversary today, marking a decade since the initial coin offering (ICO) on July 22, 2014. The ICO raised over $18 million, with Ether (ETH) initially sold at a rate of 2,000 ETH per 1 Bitcoin (BTC) or approximately $600. Today, 1 BTC buys less than 20 ETH, highlighting the significant appreciation of Ether over the past decade. The Ethereum community, including various projects and supporters like CoinFabrik and Coinspect, is celebrating this milestone, reflecting on the network's growth and achievements. Notably, Ethereum's ICO was characterized by open access, with no special deals for venture capitalists, emphasizing its decentralized ethos.