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Author Topic: Automatic eth coin distribution?  (Read 207 times)
johanmichel
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August 07, 2017, 03:55:58 AM
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Hi guys,

Me and my partner are thinking of setting up an ICO, however I am wondering how the automatic coin distribution happens like I've seen on many ICO's.

What I mean is, the buyer sends ethereum to an address and he instantly receive tokens back to the address he sent ethereum from.

Can anyone please explain me the best practice for this?

Thanks in advance,

Johan

STEPS >> https://stepstoken.com
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Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
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August 07, 2017, 08:46:44 PM
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Well, you create a smart contract in ethereum to do exactly this.
There is even a tutorial on how to create your own token in Ethereum: https://www.ethereum.org/token

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