Crowdsale (ICO Contract)
Last updated
Last updated
Crowdsale or ICO (Initial Coin Offering) is an analog of an IPO from the world of cryptocurrencies. This is the initial sale of the project tokens to a large circle of investors.
After the purchase or after the end of the lock-up period, the issued cryptocurrency is distributed among investors in proportion to their deposits. ICO is a form of crowdfunding in the blockchain, in which participants finance the development of the company in return for the provision of project tokens.
Crowdsale passes through a special smart contract that accepts payments from investors for the purchase of tokens at a price set by the owner.
In CryptoDo, you can create your own Crowdsale contract and a web interface for the sale of tokens (ICO) without having to write code and understand the technology.
1. Attracting business investments. In this case, the tokens being sold will be an analogue of your company's shares.
2. Crowdfunding. You can start collecting money from your audience in a convenient format to finance any initiatives.