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Author Topic: If the ICO chosed waves token, can they do the pre-ICO?  (Read 232 times)
LingoMaster (OP)
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October 24, 2018, 12:41:58 PM
 #1

If the TOKEN wants to launch the pre-ICO, how to do it without EC-20 smart contract?
Like the tokens issued by the Waves and Stellar.
leea-1334
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October 24, 2018, 02:23:31 PM
 #2

ERC20 tokens are just the name for Ethereum based tokens,,, if you choose WAVES, then it is a similar process actually, and in fact for some, even simpler. I have many Waves tokens also just given to be, as a sort of airdrop instead of pre-ICO.

In terms of making a token, choosing different blockchain network only changes the method but the process is actually very similar. You can read from the Waves on blogpost on how to create a token: http://waveslabs.com/manual/

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October 24, 2018, 02:32:00 PM
 #3

If the TOKEN wants to launch the pre-ICO, how to do it without EC-20 smart contract?
Like the tokens issued by the Waves and Stellar.
It has the same method but you need to create your own asset on the stellar or waves platform. It's so simple dude, if you didn't even know about this and you need to learn more about crypto. To do an ico without any knowledge is not a good idea because this will have a very strong relationship with legal aspect.

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bartolo
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October 24, 2018, 06:33:15 PM
Last edit: October 24, 2018, 06:45:51 PM by bartolo
 #4

If the TOKEN wants to launch the pre-ICO, how to do it without EC-20 smart contract?
Like the tokens issued by the Waves and Stellar.

They can distribute the tokens manually, if contributors send waves they can send the tokens to the senders addresses, if contributions are made with BTC, ETH or another coin, investors can register their waves addresses on the ICO website.
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October 24, 2018, 06:56:49 PM
 #5

I guess there's no restrictions to use waves network to launch ICO instead of ERC20 standard, but the most important part is to consider the benefits token get from using waves network or any other networks.
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October 24, 2018, 07:21:44 PM
 #6

it is a good question btw. i know that one can not freeze tokens on NEO blockchain, it means that there is no lock-up periods for early bird investors etc. and what about waves?
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October 24, 2018, 07:23:36 PM
 #7

If you don't want to do ERC-20 contract, then you can just charge the tokens to the personal account of investor with a promise then to pay tokens in future.

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October 24, 2018, 07:35:08 PM
 #8

Personally i do not recommend other tokenization platforms, erc20 tokens are the best at the moment, they have the most decentralized exchanges online and also more compliant, if still you want to use other platforms then there is not much difference in smart contract procedure, but it will be really hard to market and list your token on any exchange.

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October 24, 2018, 08:02:23 PM
 #9

The Ethereum platform is the most promising. I do not see the point to create on other platforms.
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October 24, 2018, 08:36:56 PM
 #10

The whole point is that the tokens that are issued on the basis of Ethereum can also be issued on the basis of many other coins. Just Ethereum is very popular and that is why it is the king of ICO, but this is for now, with such a pace, there will soon be much more competition and many ICO will choose other coins.

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October 26, 2018, 03:51:18 AM
 #11

It can be done using other altcoins. Also, for issuing the tokens, you might have to open another account or wallet, but there is no other complication. And main point is, no need to be so hasty, if this happens, the process will also be demonstrated.
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October 26, 2018, 04:17:42 AM
 #12

It has the same method but you need to create your own asset on the stellar or waves platform. To do an ICO without any knowledge is not a good idea because this will have a very strong relationship with legal aspect.
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October 26, 2018, 04:23:16 AM
 #13

The method to do this is creating your own asset on the stellar or waves platform. It is quite simple actually. If you weren't aware of this it is in your best interest to study up on ICOs and crypto in general before taking any decisions on the matter considering there's a lot of legal aspects.
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October 26, 2018, 04:35:09 AM
 #14

There is a lot to consiser actually. The market is risky and prone to change; so top 5-10 may not work all the time. You have to do a very good research on your own about the potential of a project which you think is good and has a lot of scope to develop.
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October 26, 2018, 04:43:57 AM
 #15

Developers prefer Ethereum than Waves because the majority of the early ICO prefer Eth they have a strong community support and in fact, almost all of Cryptocurrency holders are ethereum holders and there is a lot of wallet for Ethereum, it's much more well developed than Ethereum.
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October 26, 2018, 05:51:20 PM
 #16

The method is not that much difficult. In fact the method is same as before. You wil have to create your own asset on the stellar platforms. YOu can also do it on the waves platform.
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October 26, 2018, 07:42:39 PM
 #17

You can do whatever you want, the only problem is that most people are never going to buy a waves token because the platform has awful reputation and too many scams built on it.
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October 29, 2018, 03:46:14 PM
 #18

Perhaps you mixed up erc20 tokens with others. ERC20 is ethereum based but if you want to use diiferent platform like you mentioned, you have to follow their procedure. For further reading, check wave or stellar blogs.
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October 29, 2018, 03:46:31 PM
 #19

It's not very different from Ethereum based tokens. It's not very hard and very similar to Ethereum.
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October 29, 2018, 03:46:48 PM
 #20

This a very simple process. All it will take is to create a wallet on the waves or the stellar platform with all the available assets.
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