20,000 people invested in a brand new crypto exchange nobody knew

So I thought that, you know, Linke is quite the guy who did the ICO in China, he's quite well known in China, but he's not known internationally.

45:14 / 46:01

So I thought that, you know, Linke is quite the guy who did the ICO in China, he's quite well known in China, but he's not known internationally. I have a little bit of both. I said, well, I can probably do an ICO and raise the same amount. So we did, and,

so Who were the buyers of the Binance I ICO?

To be honest, even to this day, I don't know. Even to this day, you don't know. Right. It's like I think it's But are they Chinese? Are they Japanese? Are they people from all around the world that kind of knew you? Was it that your white paper was really good? Okay. So I think in terms of demographic, it's probably, like, 80. To the ICO purchases are probably eighty eighty to 90% Chinese. And there were some, like, international guys who who who bought it. And I think the data shows that there was about two 20,000 people who bought in the ICO. 20,000 people? 20,000 people. So and this is like a brand new brand.

About this clip

CZ reveals the surprising demographics behind Binance's ICO fundraising, disclosing that 80-90% of buyers were Chinese despite his international background. He shares how 20,000 people invested in what was essentially an unknown brand at the time.

Why this clip

Reveals the unexpected scale and demographics of one of crypto's most successful ICOs from the founder's perspective.

45:14 - 46:0147sfounder story

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