Meaning of crowdsale | Babel Free

Definitions

An online event where participants can purchase tokens in a cryptocurrency.

Internet

Examples

“The most proven use case for smart contracts so far is custom tokens and crowdsales.”

“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.”

CEFR level