Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: PrideGaming on August 13, 2017, 10:15:36 PM



Title: Is a "reverse" smart contract possible?
Post by: PrideGaming on August 13, 2017, 10:15:36 PM
I am creating an ICO for my company, and I would like to award a small portion of monthly revenue to token holders.

My idea is to have them send in my tokens to a smart contract, then they would receive ETH in return (so, sort of the opposite of a traditional smart contract).

After the contract ends, I would send the tokens back to them.  

So, I could allocate a portion of my company's revenue based on how many tokens a user holds.

Is this possible using Ethereum smart contracts?

Thank you.