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Polkadot (DOT) History and Launch Date: From the 2017 ICO…

By Damilola Esebame

Photo for: Polkadot (DOT) History and Launch Date: From the 2017 ICO…

Source excerpt · FinanceFeeds

KEY TAKEAWAYS Gavin Wood co-founded Ethereum and created the Solidity language before publishing the Polkadot whitepaper in 2016, which proposed a new model for achieving blockchain interoperability through connected relay chain networks. The October 2017 initial coin offering raised approximately $145 million, with the original DOT tokens selling for about $28.80 each, equivalent to roughly $0.29…