$ETH Ethereum (Ethereum) — a cryptocurrency and platform for creating decentralized online services based on blockchain technology, operating on smart contracts. 1

The concept was proposed by Vitalik Buterin in late 2013, and the network was launched on July 30, 2015. 1

As its native currency, Ethereum uses Ether (ETH), which facilitates the functioning of transactions and smart contracts. Ether is actively traded on cryptocurrency exchange services, and the volatility of the cryptocurrency market significantly affects the price of Ether. 41

The Ethereum network allows for the creation of entire metaverses, that is, virtual realities operating on blockchain technology. These can include video games, virtual events, complex software, etc.