crowdsale
English
[edit]Etymology
[edit]Noun
[edit]crowdsale (plural crowdsales)
- (Internet) An online event where participants can purchase tokens in a cryptocurrency.
- 2018, Kedar Iyer, Building Games with Ethereum Smart Contracts:
- The most proven use case for smart contracts so far is custom tokens and crowdsales.
- 2020 July 11, Camila Russo, “Sale of the Century: The Inside Story of Ethereum's 2014 Premine”, in CoinDesk[1], archived from the original on 17 June 2024:
- The sale documents said that once the Ethereum blockchain launched and the premined ether was issued, miners would generate new ether initially at an annual rate of 26% of the amount of ether issued in the crowdsale – the issuance rate isn’t fixed and is capped at 18 million ETH minted per year.