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Topic: Accepting multiple cryptocurrencies in ICO - page 4. (Read 12341 times)

hero member
Activity: 1722
Merit: 895
In my opinion besides the manual there are also those who use the help of p2p exchange / some kind of contract to make automatic swaps of the ico tokens or coins purchased, because if manually for example their project gets hardcap it will definitely bother them
sr. member
Activity: 1050
Merit: 254
I am wondering some ICO's accept only ETH. Some accepts BTC, ETH, LTC and other cryptocurrencies as well. Does accepting more currencies in ICO plays a roles in its success.

Also Ethereum's smart contract are built for accepting only ETH. How other ICO's are accepting multiple cryptocurrencies and pays tokens accordingly? Do they have to maintain a sheet of who pays in what currencies in a sheet and allocate tokens accordingly. It seems to be a hard manual process.
Uh, i'm not sure about that. Investors usually don't really card about accepting more currencies or not, they usually use ETH and BTC to invest. So i think it's not affect the success of the ICO. For big investor no, but for small investors, i think it give a small effect to the ICO.
sr. member
Activity: 826
Merit: 250
I am wondering some ICO's accept only ETH. Some accepts BTC, ETH, LTC and other cryptocurrencies as well. Does accepting more currencies in ICO plays a roles in its success.

Also Ethereum's smart contract are built for accepting only ETH. How other ICO's are accepting multiple cryptocurrencies and pays tokens accordingly? Do they have to maintain a sheet of who pays in what currencies in a sheet and allocate tokens accordingly. It seems to be a hard manual process.
Last I've remembered is GT tokens on Gateio exchange, which collect IEO in ETH, BTC, EOS, USDT, and even BNB and HT. They use Fusion-model, distributing according to the investment value.
hero member
Activity: 1820
Merit: 515
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I am wondering some ICO's accept only ETH. Some accepts BTC, ETH, LTC and other cryptocurrencies as well. Does accepting more currencies in ICO plays a roles in its success.

Also Ethereum's smart contract are built for accepting only ETH. How other ICO's are accepting multiple cryptocurrencies and pays tokens accordingly? Do they have to maintain a sheet of who pays in what currencies in a sheet and allocate tokens accordingly. It seems to be a hard manual process.
For sure it will increase the ICO sale when compared to only ETH accepted ICO's.Yes it is going to make some job for the team but any cryptos worth money so they have to do some job if they want to raise more money.Not sure how they are going to track the investors but they might maintain their private sheet with address to pay the tokens if they are accepting more currencies.
newbie
Activity: 9
Merit: 0
DEVs are only responsible people who can say the exact amount of bought tokens and token count usually depends on contract lines. They  will provide different or unique address for receiving coins but the final decision is made by devs.
hero member
Activity: 1274
Merit: 519
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I am wondering some ICO's accept only ETH. Some accepts BTC, ETH, LTC and other cryptocurrencies as well. Does accepting more currencies in ICO plays a roles in its success.

Also Ethereum's smart contract are built for accepting only ETH. How other ICO's are accepting multiple cryptocurrencies and pays tokens accordingly? Do they have to maintain a sheet of who pays in what currencies in a sheet and allocate tokens accordingly. It seems to be a hard manual process.

Actually it can, since some investors does hold only numbers of currency. So, having multiple currencies in an ICO would make it easier for investors to choose a currency they have or would like to use.
newbie
Activity: 14
Merit: 0
I am wondering some ICO's accept only ETH. Some accepts BTC, ETH, LTC and other cryptocurrencies as well. Does accepting more currencies in ICO plays a roles in its success.

Also Ethereum's smart contract are built for accepting only ETH. How other ICO's are accepting multiple cryptocurrencies and pays tokens accordingly? Do they have to maintain a sheet of who pays in what currencies in a sheet and allocate tokens accordingly. It seems to be a hard manual process.
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