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In all fairness, a presale effectively means it went to them and then they sold it for money at the earliest price.
by Tenoke 5y ago
In all fairness, a presale effectively means it went to them and then they sold it for money at the earliest price.
- DennisP 5y agoThe bitcoins that people paid went to the nonprofit foundation, not to individuals. The foundation paid people salaries in exchange for work, and is still funding Ethereum development today. I.e. it was a crowdsale raising funds for development, much like projects on Indiegogo except that it was a nonprofit instead of a business.