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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: johanmichel on August 07, 2017, 03:55:58 AM



Title: Automatic eth coin distribution?
Post by: johanmichel on August 07, 2017, 03:55:58 AM
Hi guys,

Me and my partner are thinking of setting up an ICO, however I am wondering how the automatic coin distribution happens like I've seen on many ICO's.

What I mean is, the buyer sends ethereum to an address and he instantly receive tokens back to the address he sent ethereum from.

Can anyone please explain me the best practice for this?

Thanks in advance,

Johan


Title: Re: Automatic eth coin distribution?
Post by: cz3kit on August 07, 2017, 08:46:44 PM
Well, you create a smart contract in ethereum to do exactly this.
There is even a tutorial on how to create your own token in Ethereum: https://www.ethereum.org/token (https://www.ethereum.org/token)