The date of launch is an important milestone in the development and history of any cryptocurrency. It marks the moment when a particular digital token was made available to the public for trading or investing purposes.
In most cases, cryptocurrencies are launched through an Initial Coin Offering (ICO), which allows investors to purchase tokens before they hit exchanges and become tradable. The ICO typically occurs prior to the official launch date, giving early adopters an opportunity to acquire coins at discounted prices. During this time period, developers may also be able to solicit feedback from users that can help shape future coin design decisions and features.
Once all pre-sale transactions are complete and any bugs detected during testing have been fixed, the currency will be officially released on its designated launch date. This is usually accompanied by a series of press releases detailing information about how users can access wallets for their new asset as well as where it will be listed on exchanges so that interested parties can begin trading it with other coins or fiat currencies like US dollars or Euros.
When evaluating different cryptocurrencies, potential investors should pay close attention to both the ICO dates as well as official launch dates in order to gain insight into how much interest has already been generated around a particular project and how long it took for it reach full market liquidity after being introduced into circulation.
