ICO creation: make clear some things

[boy130]

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!  

[ranih]

First of all, I hope you have a product with an ecosystem in which the token will be used.

Creating the token = creating a smart contract.

What is crowdsale contract? do you mean legal documents?

Situation 1 sounds like you're selling securities (stocks). You can do that of course but bear that in mind...

[boy130]

First of all, I hope you have a product with an ecosystem in which the token will be used.

Creating the token = creating a smart contract.

What is crowdsale contract? do you mean legal documents?

Situation 1 sounds like you're selling securities (stocks). You can do that of course but bear that in mind...

It looks like you don't know anything about ICO's creation and posted this message just for signature campaign...

[gerstaro]

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

[boy130]

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

You kidding?! In this thread you are looking for somebody who can help you with ethereum development but here you are offering same services for me? You even can't write ETHEREUM without mistakes. Your answer another new nonsense. I am sure you even didn't read my thread 100% before posting this... 

[ranih]

First of all, I hope you have a product with an ecosystem in which the token will be used.

Creating the token = creating a smart contract.

What is crowdsale contract? do you mean legal documents?

Situation 1 sounds like you're selling securities (stocks). You can do that of course but bear that in mind...

It looks like you don't know anything about ICO's creation and posted this message just for signature campaign...

What are you talking about?!
Is there anything wrong in my reply?

[AuctusProject]

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!  

I would add to the "Creation part" writing a White Paper, validating your business, writing a estrategic plan (SWOT is really important here), and maybe developing a Viable Product. With all scams around the community is demanding to see a good plan and project, a business plan that in fact matches wtih the blockchain.

About the first situation I can't see why you couldn't distribute bounties if your tokens are listed on exchanges.

[Joel_Jantsen]

it looks like you don't know anything about ICO's creation and posted this message just for signature campaign...

You are the one who don't know anything about web development or an ICO.If someone steps in to help you,either respect them or stop fucking begging for free help from the community.
As a blockchain programmer,I'd have guided you with details and appropriate resources but since you have too much attitude to not know how to talk to people,I guess I'll keep my knowledge to myself.
Just a question : Why bother opening threads if you are delusioned that you are the greatest programmer alive ?

You kidding?! In this thread you are looking for somebody who can help you with ethereum development but here you are offering same services for me? You even can't write ETHEREUM without mistakes. Your answer another new nonsense. I am sure you even didn't read my thread 100% before posting this... 

Go back to school,learn some manners.

[boy130]

I would add to the "Creation part" writing a White Paper, validating your business, writing a estrategic plan (SWOT is really important here), and maybe developing a Viable Product. With all scams around the community is demanding to see a good plan and project, a business plan that in fact matches wtih the blockchain.

Thank you for your advice. But I am interesting now more in technical steps not all. But thanks I regret it.  

About the first situation I can't see why you couldn't distribute bounties if your tokens are listed on exchanges.

If somebody bought tokens on exchange then how I can know his direct ethereum address for sharing profits from future startup? I will know exchange address not his... In bounties I mean future profit sharing. Not money for translation, sig. campaign etc.  

Still waiting for useful information. I agree also on paid$$$ consultation if you are really expert in it.

[boy130]

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