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August 10, 2017, 02:00:45 PM |
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Q: The price of Gas has surpased the price of Neo.
A: You dont need Gas to take part on Ico. It takes 500 Gas to carry iut complicated smartcontract. If your SC is sinple it is now free to deploy. Only when you need persistant storage and the SC is long you need to pay 500 GAS. And then if the computation is simple the first 10 GAS is free. You only need to pay from the 11th gas if it is complicated SC. With an ICO, since you will be getting a lot of money you can probably afford the 500 GAS. The new government token holders will decide how much GAS is necessary.
I take this as complicated icos / smart contracts will require gas ? I'm staying bullish on gas!
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