Turner Novak: OpenAI explored an ICO in 2017 and 2018

Turner Novak: OpenAI explored an ICO in 2017 and 2018
OpenAI considered ICO in 2017 and 2018

Turner Novak, industry influencer, raised the possibility of an initial coin offering that OpenAI nearly conducted in 2017 and 2018.

Novak speculated that seeing details behind such a move would be insightful. He underlined the uniqueness and potential impact of an OpenAI ICO if it had proceeded during that period.

Novak has previously commented on trends in the private markets, noting that Anthropic overtook SpaceX as the most sought-after startup secondary share in Q1 2026. He also shared recent reporting that the New York Times identified Russ Hanneman as Satoshi Nakamoto following an 18-month investigation. Novak’s posts continue to attract attention for spotlighting unique shifts across tech and crypto.

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