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Meaning of crowdsale | Babel Free

Noun CEFR B2

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

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
See all B2 English words →

See also

crowdsensing crowdsourcer crowdsourcing crowdtesting crowdwork crowdworker

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