Meanings
plural crowdsales
- InternetAn online event where participants can purchase tokens in a cryptocurrency.
The most proven use case for smart contracts so far is custom tokens and crowdsales.
2018, Kedar Iyer, Building Games with Ethereum Smart Contracts1 more example
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.
2020 November 7, Camila Russo, “Sale of the Century: The Inside Story of Ethereum's 2014 Premine”, in CoinDesk, archived from the original on 17 Jun 2024
Origin
Cite this entry
crowdsale. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/crowdsale
“crowdsale.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/crowdsale. Accessed November 4, 2026.
WatkinsX Dictionary, s.v. “crowdsale,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/crowdsale.
Source: crowdsale on Wiktionary, CC BY-SA 4.0.