In 2013, Anthony Diiorio funded, and along with Charles Hoskinson, Mihai Alisie, and Vitalik Buterin, co-founded the smart contract platform Ethereum.

Ethereum is an open-source, public, blockchain-based distributed computing platform featuring smart contract (scripting) functionality. It provides a decentralized Turing-complete virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes. Ethereum also provides a cryptocurrency token called “ether”, which can be transferred between accounts and used to compensate participant nodes for computations performed.

In 2014 Ethereum raised $18-million and became the largest crowdfunded project of its time. The market cap of Ethereum was recently valued at over $40-billion Canadian dollars.