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Author Topic: Question if Token distribution should be in a smartcontract  (Read 216 times)
Dogezer (OP)
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August 22, 2017, 07:40:01 PM
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BitcoinTalkers, can you please advise us?

September 1st, we are starting preITO of our product - dogezer (https://dogezer.com). We will use a Ethereum block chain, and we will base our preDGZ token on that blockchain. We will convert preDGZ into DGZ on ITO in November.

We crafted a smartcontract to distribute our preDGZ token through smartcontract, and were assuming that this is kind of a gold standard. But recently we have been approached by ico portal (legitimate and well known, so it is not a scam) who is offering to sell our tokens in parallel with us on their website. Then they will take a minor fee (may be acceptable for us), send collected funds to us, and ask us to distribute preDGZ tokens manually to buyers who have bought through their website. It may be ok, but it will violate the logic of our smartcontract. So, we either need to reject the offer, or drop smartcontract and actually make all funds distribution and max cap control to be manual. We are talking about preICO there, but quite large preICO.

Can you guys share your thoughts if this is worth it? How does manual funds distribution and no smartcontract will scary potential investors?

Sorry if this is wrong section, please recommend a better section to ask that question.

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