Polkadot

Polkadot (DOT) ICO

ENDED
Rating
n/a
$ 0.9758
1.67% Past 24h
ICO DatesCurrent StageRating
Oct 14, 2017-Jul 27, 2020
Trading
n/a
Funding
For Sale 5.50M
ICO Price $ 0.2880
ROI3.39x USD 0.26x BTC 0.42x ETH
Softcapn/a
Hardcapn/a
Raised$ 248.00M
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About

Polkadot Token Sale Statistics

The price of Polkadot during the token sale was 0.288 USD per DOT. The Polkadot token sale started on Oct 14, 2017, and lasted until Jul 27, 2020. Compared to its initial token sale price, DOT is currently showing an ROI of 3.39x against the US dollar, 0.26x against Bitcoin, and 0.42x against Ethereum.

About Polkadot Token Sale

Polkadot is a Proof-of-Stake blockchain platform that launched its mainnet in 2020. Polkadot raised funds for development through multiple token sales, the first of which happened in October of 2017. The Polkadot token sales were conducted by Web3 Foundation, a Switzerland-based organization.

There were three DOT token sales. The public initial coin offering in 2017 was followed by two private token sales that were conducted in 2019 and 2020, respectively. Since Web3 Foundation hasn’t disclosed exactly how much it raised through the token sales, we can only provide an estimate that Polkadot raised more than $200 million in funding through its token sales.

Note: In August of 2020, DOT was redenominated after a community vote. In practice, this meant that the number of DOT held by every DOT holder increased by 100. This was done by changing how many Plancks (the smallest unit of account on the Polkadot blockchain) constitute one DOT. The total number of Plancks was not changed.

Key dates, project details, and price data pertaining to the Polkadot ICO:

  • The Polkadot ICO and private token sales were conducted by the Switzerland-based Web3 Foundation
  • Polkadot raised around $145 million through an ICO in 2017
  • In June 2019, the Web3 Foundation announced that it sold 500,000 DOT through a private sale 
  • In July 2020, Web3 Foundation raised approximately $43 million through a private DOT token sale
  • More than 50% of the initial DOT supply was distributed through these token sales

What was the ICO price of Polkadot (DOT)?

During the public token sale in 2017, the Polkadot ICO price was approximately $0.29 per coin. This DOT ICO price takes into account the DOT redenomination that happened in August 2020. The DOT price during the July 2020 token sale was about $1.25 per coin, if we take into account the DOT redenomination.

The Polkadot price reached as high as $55 in November 2021, which means that Polkadot ICO participants potentially saw the value of their DOT rise significantly after the token sale. The Polkadot ecosystem has also seen significant growth thanks to parachain auctions.

When did the Polkadot ICO start? How long did it last?

The Polkadot ICO started on October 15, 2017 and ran until October 27, 2017.

How much money was raised during the Polkadot ICO campaign?

The Polkadot ICO that was conducted in October 2017 raised approximately $145 million. However, if we also include the private DOT token sales from 2019 and 2020, we can estimate that more than $200 million in total was raised through DOT token sales.

How many tokens were sold in the Polkadot ICO?

5 million DOT tokens, or 50% of the Polkadot total supply, was sold during the initial coin offering in 2017. An additional 500,000 DOT was sold during the 2019 private sale. 

The Web3 Foundation didn’t disclose how many DOT tokens were sold through the 2020 private sale. If we assume that the 2020 Polkadot private token sale raised $43.3 million and the tokens were sold at approximately $125 apiece, we can calculate an estimate that about 346,400 DOT was sold during this sale.

Keep in mind that the number of DOT in circulation has increased by 100x during the redenomination in August 2020. In other words: 1 DOT purchased at a price of $125 in the 2020 token sale is now 100 DOT purchased at a price of $1.25.

How much of the total DOT token supply was sold in the ICO?

During the Polkadot ICO in 2017, 5 million DOT tokens were sold. This represented 50% of the initial DOT supply (10 million tokens). 

On which platform was the Polkadot ICO held?

The Polkadot ICO in 2017 accepted ETH during the token sale. In the 2020 private DOT token sale, payments were accepted in BTC

Who organized the Polkadot ICO?

The Polkadot ICO was organized by Web3 Foundation, a Switzerland-based organization that continues to play an important role in the Polkadot and Kusama ecosystems. The organization sold Polkadot coins to fund project development.

ICO Overview

Token Distribution

  • airdrops and rewards
    15%
  • founders and project
    30%
  • Investors
    55%

Current Bonus

There is no active stage at the moment.

Bounties

n/a
Stage
Date
Status
Private Pre-Sale
Oct 14, 2017 — Oct 27, 2017
Finished

Funding

  • Price $ 0.29
  • Tokens for Sale 2.76M
  • Softcap n/a
  • Hardcap n/a

Bonuses

n/a
ICO
Oct 15, 2017 — Oct 27, 2017
Finished

Funding

  • Price $ 0.29
  • Tokens for Sale 2.24M
  • Softcap n/a
  • Hardcap n/a

Bonuses

n/a
Private Pre-Sale
Jan 24, 2019 — Jun 27, 2019
Finished

Funding

  • Price $ 1.20
  • Tokens for Sale 500,000
  • Softcap n/a
  • Hardcap n/a

Bonuses

n/a
ICO
Jul 24, 2020 — Jul 27, 2020
Finished

Funding

  • Price $ 1.25
  • Tokens for Sale 342,080
  • Softcap n/a
  • Hardcap n/a

Bonuses

n/a

ICO Stages

Stage
Date
Status
Private Pre-Sale
Oct Sa — Oct Fr
Finished

Funding

  • Price $ 0.29
  • Tokens for Sale 2.76M
  • Softcap n/a
  • Hardcap n/a
  • Personal Cap n/a

Bonuses

n/a
ICO
Oct Su — Oct Fr
Finished

Funding

  • Price $ 0.29
  • Tokens for Sale 2.24M
  • Softcap n/a
  • Hardcap n/a
  • Personal Cap n/a

Bonuses

n/a
Private Pre-Sale
Jan Th — Jun Th
Finished

Funding

  • Price $ 1.20
  • Tokens for Sale 500,000
  • Softcap n/a
  • Hardcap n/a
  • Personal Cap n/a

Bonuses

n/a
ICO
Jul Fr — Jul Mo
Finished

Funding

  • Price $ 1.25
  • Tokens for Sale 342,080
  • Softcap n/a
  • Hardcap n/a
  • Personal Cap n/a

Bonuses

n/a

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Rating
n/a
$ 0.9758
1.67% Past 24h
ICO DatesCurrent StageRating
Oct 14, 2017-Jul 27, 2020
Trading
n/a
Funding
For Sale 5.50M
ICO Price $ 0.2880
ROI3.39x USD 0.26x BTC 0.42x ETH
Softcapn/a
Hardcapn/a
Raised$ 248.00M
Show more
FOLLOW

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