2 ms·
The bitcoins that people paid went to the nonprofit foundation, not to individuals. The foundation paid people salaries in exchange for work, and is still fundi
by DennisP 6y ago
The 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.