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Topic: ETHEREUM ADDRESS (Read 117 times)

full member
Activity: 280
Merit: 110
March 21, 2018, 04:40:19 AM
#22
Why ether wallet is important in Joining some ICO?

It depends on the ICO you want to join.
If the ICO wants to launch an ERC20 token then sure, you must provide them with an ethereum wallet in order for them to make the payment. It is important not to use a wallet from an exchange as it won't work and you will lose your money.
full member
Activity: 364
Merit: 102
March 21, 2018, 04:38:41 AM
#21
Reason is that they did really good marketing and had the smart contracts in place during the ICO rush during last year 2017. There were a lot of ICO's that had launched their tokens at that time and ETH made sure to make the best use to market their smart contracts during this period and hence gained mass adoption and popularity. I am scared for the day when all these ICO's start to dump their ETH.
member
Activity: 308
Merit: 15
March 21, 2018, 04:34:43 AM
#20
Most ICO requested fro you ETHEREUM address because most of them are based on ETHEREUM smart contract and are usually ERC20 tokens, you would surely get back those token back in return in your ERC20 compatible ETHEREUM wallet after purchasing from the ICO platform. Thanks
full member
Activity: 378
Merit: 109
March 21, 2018, 04:13:39 AM
#19
because you will get tokens on this address. And it must be wallet compatible with ERC20 standard like MyEtherWallet, Jaxx, Parity, Mist, etc.
hero member
Activity: 1820
Merit: 515
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March 21, 2018, 02:54:06 AM
#18
Why ether wallet is important in Joining some ICO?
You mean my ether wallet?

MEW is the best wallet which can receive all the ERC20 tokens,if your bounty is paying in tokens then they will ask MEW as preferred wallet if you use standard ETH wallet then you won't receive any tokens and the send tokens to the normal ETH wallet are burned and never get back again.
legendary
Activity: 2114
Merit: 1147
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March 21, 2018, 02:50:36 AM
#17
Why ether wallet is important in Joining some ICO?

Because a wallet is needed to receive tokens. Where will they send you the tokens that you bought from their ICO if you do not have a wallet?
member
Activity: 392
Merit: 11
March 21, 2018, 02:48:18 AM
#16
Why ether wallet is important in Joining some ICO?

Perhaps you should look all the ICO project right now.
Most of them using Ethereum platform to running their ICO. That's the reason ether wallet so important.
hero member
Activity: 714
Merit: 500
March 21, 2018, 02:47:39 AM
#15
Why ether wallet is important in Joining some ICO?
becuause most of the ico use ethereum contract  so you need ethereum addreaa to recieve it. But not all ,there are project that they have thier own blockchain.
hero member
Activity: 1064
Merit: 500
MOBU
March 21, 2018, 02:45:34 AM
#14


this question is actually very easy
the ethereum address is always used in the ico project. because eth has a smart contract with many ico developers who do not or do not have their own wallet yet.
I think this is a very simple explanation.

But not every ICO requires an address ETH wallet, there are other blockchain platforms on which ICOs such as NEO, Stratis, QTUM, WAVES, and others conduct. So I advise you to get the most popular wallets.
sr. member
Activity: 1344
Merit: 270
March 21, 2018, 02:38:06 AM
#13


this question is actually very easy
the ethereum address is always used in the ico project. because eth has a smart contract with many ico developers who do not or do not have their own wallet yet.
I think this is a very simple explanation.
jr. member
Activity: 420
Merit: 1
March 21, 2018, 02:37:33 AM
#12
Yes, just as you have mentioned "some". In joining some ICO, you need to provide an ethereum address that you have full control over. In the sense that you control and you are bin possession of the PRIVATE KEY, without the inteference of any other party.
In doing so, you are not expected to provide ethereum wallet from any exchange, but from ERC20 supported wallets such as the MEW, Metamast, im token. It might either be a cold wallet or  hot wallet.
Cold wallets are offline wallets, such as hardware wallets, while hot wallets are wallet that are directly connected to the internet.
sr. member
Activity: 1036
Merit: 273
March 21, 2018, 02:35:24 AM
#11
When joining an ICO/A job as to say or an investor you join because you have invested and that ICO want you to provide a wallet it importang because you joined.

Sorry Iam compuse but I hope the 1st phrase I wrote is the sorrect answer you want. Here I have another answer and a conclusion base on your rank

If your pertaining to a bounty campaign or a  airdrop an altcoin that pays you a token that is name after the ICO needs that information for you to receive the payment, that the wallet is needed to be ERC20 that can accept different altcoins.
jr. member
Activity: 182
Merit: 2
March 21, 2018, 02:32:39 AM
#10
Because most ICOs generate ERC20 coin, ethereum ether is important for ICO to send coin to a particular ether ie wallet MEW. Currently there are some coin development on other platforms such as NEO, Stellar, .. but not much so in the time to come ICO Ethereum is still mainly so that Ethereum still holds important position
member
Activity: 476
Merit: 19
March 21, 2018, 02:30:19 AM
#9
Ethereum address is like your personal bank account which you replenish by trading, exchanging or participating in bounty and airdrops, you can also start similar accounts on other blockchains such as bitcoin, ripple, monero and others. almost the same thing as your accounts in different banks.
member
Activity: 392
Merit: 70
March 21, 2018, 02:26:31 AM
#8
Why ether wallet is important in Joining some ICO?

because smart contracts automatically send tokens, developers do not have to do it with their hands.
plus, most tokens are made on the eth blockchain
sr. member
Activity: 644
Merit: 250
March 21, 2018, 02:15:54 AM
#7
well yes its needed because you need to send a minimum amount to invest to their ICO and by that your ethereum address will be eligible to get your invested tokens from the project you this information helps you
hero member
Activity: 966
Merit: 550
March 21, 2018, 02:07:39 AM
#6
Of course it will be important, where would they send the tokens otherwise?
And remember, you should be using an ERC20 wallet, not a standard ETH wallet. They are different in technic and you can't receive utility tokens in ETH addresses, you need an ERC20.
jr. member
Activity: 546
Merit: 4
March 21, 2018, 01:52:37 AM
#5
Why ether wallet is important in Joining some ICO?

Myetherwallet is very important in joining basic 85% ICO that uses etherum platform
Because basically their smart contract are etherum oriented and you will lose you tokens if you use an exchange etherum wallet

newbie
Activity: 188
Merit: 0
March 21, 2018, 01:47:42 AM
#4
Why ether wallet is important in Joining some ICO?

of course that's important, because etherwallet is like a wallet or a digital account to make it easy to send and receive ico.
member
Activity: 742
Merit: 19
March 20, 2018, 11:50:11 PM
#3
Because most ICO projects are based with ethereum smart contract. They create ERC20 tokens for their project. You cannot get their tokens without ERC20 tokens supported ethereum address. Myetherewallet, Metamask are some ERC20 supported wallets.
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