If users clicked the “Buy Ether” button, they had to read and agree to the Terms & Conditions statements.įrom here, users entered how much BTC they wanted to trade for ETH, with the minimum set at 0.01 BTC and the max at 500,000 BTC. Between July 22nd and September 2nd of 2014, ’s homepage had a few countdown clocks and a button on the bottom to “Buy Ether.” For the first 14 days, one BTC equaled 2,000 ETH, and this figure gradually diminished until 1,337 ETH equaled one BTC at the end of the presale. To better understand how the Ethereum presale wallet works, let’s quickly run through what people had to do to claim ETH when this wallet came out. The only way to decrypt the private key on an ETH presale wallet’s JSON file is to use the password users created during the presale wallet set-up process. Each of these files contains the essential private key for a new Ethereum address, which users could use to import the ETH they purchased during the presale to the Ethereum blockchain once it went live. The Ethereum presale wallet is an encrypted JSON file that the Ethereum Foundation offered to crypto investors in 2014. Keep reading to learn the methods you can use to recover your ETH. If you’re having issues with Ethereum presale wallet recovery, know there are troubleshooting strategies and expert wallet recovery services to regain access to your cryptocurrency. Sadly, there are many unfortunate stories of people still struggling to access a ton of ETH stuck in their Ethereum presale wallets. However, since the Ethereum developers encrypted each presale investor’s private key to a JSON file with a unique password, people who didn’t store this info properly couldn’t claim their crypto once the Ethereum blockchain went live in 2015. Considering Ethereum is now the second-largest cryptocurrency, it’s safe to say the ETH presale was one of the most lucrative investment opportunities in crypto market history. At the end of the 42-day sale, the Ethereum Foundation raised an impressive $18.3 million and recorded 6,670 transactions with 51,000,213.9 ETH sold. At the time, anyone who wanted to invest in the Ethereum Foundation’s vision of a “decentralized internet” could have visited the official website, created an Ethereum presale wallet, and purchased ETH with Bitcoin (BTC).Īccording to news reports, it only took one day for early Ethereum adopters to trade over $2 million worth of BTC. In July 2014, Ethereum’s core developers opened a historic presale of their new ether (ETH) cryptocurrency to interested investors. Contact ReWallet For More Info On Ethereum Presale Wallet Recovery.Safety Strategies to Protect Your Ethereum Presale Wallet.Seek Professional Help From Crypto Wallet Recovery Experts.Try Guessing Your ETH Presale Wallet’s Password.Ethereum Presale Wallet Recovery With the JSON File and Password. Recovering Your Ethereum Presale Wallet.Common Reasons for Losing Access to Ethereum Presale Wallets.
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