What does it do?
Ethereum is an open-source, public, blockchain-based distributed computing platform and operating system featuring smart contract functionality.
- Enables tokenization
- Platform for trustless crowdsales
- Allows creation of democratic autonomous organizations
- Platform for building decentralized applications
|Company Name||Ethereum Switzerland GmbH|
|Incorporation Address||Grienbachstrasse 55 Baar, 6340|
|Crypto Currency||Price (Euro)||24H % Change|
|Initial Funding & Distribution|
|Token Type||Utility Token|
|Total Supply Sold||60 000 000 ETH (+12M ETH were premined)|
|Total Amount Raised||18 000 000 USD (lost 6M USD due to tumble in BTC price).|
|Price During the Crowdsale||0.30 USD|
|Token Distribution||83.33% Crowdsale (60M ETH)|
4.17% Ethereum Foundation (3M ETH)
8.33% 85 contributors (6M ETH)
4.17% "Developer purchase program" (3M ETH)
|Distribution of Funds raised||300k USD legal fees|
210k USD interest rate on loans
|Crowdsale (a.k.a. cryptofuel) Date||July 22, 2014|
| Sources: |
|Co-founder||Anthony Di Iorio|
|Attorney at Law & Notary Public||Patrick Storchenegger||n/a|
|Executive Director||Ayako Miyaguchi|
|Total number of Commits||197935 Commits (191 Repositories)|
IBM – an American multinational information technology company.
Filecoin – an open-source, public, cryptocurrency and digital payment system intended to be a blockchain-based cooperative digital storage and data retrieval method.
r3 – an enterprise blockchain software firm working with a broad ecosystem.
Dogecoin – an open source peer-to-peer digital currency.
Stellar – an open source, distributed and community owned network used for two main purposes: a transfer of value or launching ICOs.
Lisk – a blockchain application platform that helps developers to build blockchain applications and deploy their own sidechain linked to List network.
NEO – a smart economy platform where users can digitize assets using the decentralized network of blockchain technology and digital identity.
AION – a platform for building decentralized applications.
Waves – an open blockchain platform where users can issue tokens.
Potential market and clients
Ethereum growth depends on the ICO market, popularity of decentralized applications and future usage of smart contracts. Ethereum has many highly qualified competitors with just as sophisticated technologies empowering them. This makes business development side as important as the technology itself.
Utility and economic dynamics
- Payment of gas
- Transfer of value