Author

Topic: How multi coin ICO are organized? (Read 303 times)

hero member
Activity: 747
Merit: 502
September 25, 2017, 03:50:29 PM
#3
I think its mostly manual, they calculate a dollar rate and do the conversion with the rate at the time of sending. One of the icos i watched was sending you something like a code in which you use in sending to verify it was from you. neat stuff but still manual and more prone to errors
newbie
Activity: 17
Merit: 0
September 25, 2017, 03:39:30 PM
#2
This is explained here: https://ethereum.stackexchange.com/questions/26308/ico-crypto-currencies-accepted-during-the-sale-eth-btc-or-even-fiat/26610#26610 probably you should use Google before asking such question  Roll Eyes
newbie
Activity: 9
Merit: 0
September 25, 2017, 03:35:51 PM
#1
There are some ICOS who are accepting ETH as well as BTC and they are issuing ERC20 tokens on Ethereum.

It is clear how it works with Ethereum (eth in -> smart contract -> token out)

How tokens issuing process is handled for bitcoins? Is it manual process or is it automated via some kind of code? How does it actually works?
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