Hi,
Last time I am very interested in technical aspects of ethereum ICO creation. Could you tell me please if I understand things correctly in both parts:
CREATION PART:
1. I need to create token contract in ethereum.
2. I need to create crowdsale contract related with my token.
After it I can post contract address on ICO's website and start raising funds by selling my token coins.
DISTRIBUTION PART:
Situation 1: If I will share my profits from future startup with investors. I will need to collect data from ethereum tokens blockchain about addresses and amounts invested. And after that create a special script which will sends mass bounties on collected addresses? And if my startup will sell service for bitcoins I will need to exchange profit to ethereums for it.
P.S. In this situation I can't add my token to exchanges because I will not able to send bounties then, right?
Situation 2: If I will use my token as main startup currency (for example if it is gambling project). Then investors profit will from token price growing when I launch my startup, right? For it I will need to add my token in exchanges like liqui.io etc.
Is it all basically correct or no? If no then explain me in simple words whats wrong (technically also).
Thanks in advance!
Did you mention the conditions of crowdsale in the smart contract code in solidity ? I mean the bounties, min cap reached , allocations to different addresses for presale, developers or contributors and crowsale ? Yes you r right you have to add it in exchanges like bitrex. Please feel free to discuss anything on ethrium development. I am a full stack developer in etherium and have experience in developing smart contract for many ICOs.
https://www.linkedin.com/pulse/etherium-blockchain-developers-needed-mainak-banerjee