Two questions, actually. Both about Ethereum blockchain based ICOs.
1. When ICO goes public, I can see it on exchanges: how does it go there? I see two possibilities: either ICO folks actively promote their token, or some engine scans block chain for everything ERC20 compatible. Which one is correct?
They have to apply for that. Example before going public, the team behind, specially marketing person part of the team needs to contact exchanges and shows intention about their coins. One approved, mostly after the ICO has ended, the tokens are already listed on a exchanges. So once the distribution is given, you will see that that token is very much pump in a particular exchange.
2. Tokens have short names. Like "Atlant" - "ATL" and so on. Is it done through a built-in Geth registrar or somehow else?
Thank you.
I think the team decides what name they want. Initially Bitcoin Cash wants BCC however the name is already taken by some coins that's why they have to settle to BCH.