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Author Topic: Question about creating a ERC20 crowdsale contract?  (Read 317 times)
BrickShares
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August 30, 2017, 11:15:41 PM
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Is it possible i receive ETH investments directly or i have to wait until ICO is finished? So in other words can’t i make this just a simple sale buyer receives my coins instantly and i receive their investment in ETH instantly?
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BrickShares
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August 31, 2017, 12:20:46 AM
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Is it possible i receive ETH investments directly or i have to wait until ICO is finished? So in other words can’t i make this just a simple sale buyer receives my coins instantly and i receive their investment in ETH instantly?

Would really like know guys!
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August 31, 2017, 12:26:17 AM
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They can be programmed however you like.

Some immediately send funds to a safe place (multisig wallet) and others store the funds in the crowdfund contract until the sale is over.

My 2cents are to at least build in a mechanism to end early or cancel. Harbour DAO didn't build in an early terminate and ended up locking everyone's ETH for a month after they decided to cancel their ICO.
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August 31, 2017, 02:41:04 AM
 #4

Is it possible i receive ETH investments directly or i have to wait until ICO is finished? So in other words can’t i make this just a simple sale buyer receives my coins instantly and i receive their investment in ETH instantly?

I think after you buy some tokens in the ICO if they conferm that your investments already in there they will send you back your tokens to your own eth wallet

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August 31, 2017, 03:03:25 AM
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It's possible of course. How do you do it? Hire a solidity developer for your start-up. He will know how to do it. You can't hire an engineer? You don't need a crowdsale contract.

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August 31, 2017, 03:13:20 AM
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You can direct the ETH into a multisig wallet to which you control the private keys, and the contract will deposit it immediately.
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August 31, 2017, 03:20:56 AM
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You can direct the ETH into a multisig wallet to which you control the private keys, and the contract will deposit it immediately.

Thanks a lot guys this was very usefull!
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September 17, 2017, 04:29:52 PM
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What fuction do i need to add in the smart contract?
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