Foundation and First Mentions
The history of the metropolis known today as Istanbul dates back to the 7th century BC. According to historical tradition, the city named Byzantium was founded around 660 BC by Greek colonists from Megara. Legend has it that the leader of the settlers, Byzas, chose this location following a prophecy from the Oracle of Delphi, who advised him to settle "opposite the blind"—referring to the inhabitants of Chalcedon, who had failed to notice the strategically advantageous promontory on the opposite shore.
Key Factors of Formation
The city's rapid growth and significance were driven by a unique combination of geographical and geopolitical conditions:
- Strategic Geography: Its location at the crossroads of Europe and Asia, along with control over the Bosphorus Strait connecting the Black Sea and the Sea of Marmara, transformed the city into a crucial transport hub of the ancient world.
- Trade Monopoly: Possession of the strait allowed for the control of maritime trade routes, the collection of duties from passing vessels, and dominance in the trade of grain and other resources.
- Natural Defence: The deep-water Golden Horn inlet served as an ideal natural harbour for the fleet, while the terrain facilitated defence against enemies from the land.
Early Cultural and Economic Features
In the early period of its existence, Byzantium developed as a classic polis with Hellenic culture. The city's economic foundation relied on fishing (especially the catch of bonito and tuna), viticulture, and transit trade. The city minted its own currency and actively interacted with its neighbours. Later, falling into the orbit of Roman influence, it retained its importance, which ultimately led to Emperor Constantine the Great's decision to make it the new capital of the empire. This event forever changed the history of the region where modern Turkey is located.