How to accept fiat during ICO | Bitcointalksearch.org

Jekbolt

member

Activity: 266

Merit: 20

Quote from: Meepospammer on January 30, 2018, 11:01:27 AM

Quote from: Jekbolt on January 30, 2018, 10:54:50 AM

Yes, thanks! but how to accept fiat money technically?

Through bank transfer. You need to have an account for your ICO.
Just provide the investor the necessary details and they know what to do. You'll figure out for sure who invest that amount.
After confirming their contribution, you send the equivalent number of tokens.

Do you know any live examples of such ICO?

Meepospammer

member

Activity: 406

Merit: 20

Quote from: Jekbolt on January 30, 2018, 10:54:50 AM

Yes, thanks! but how to accept fiat money technically?

Through bank transfer. You need to have an account for your ICO.
Just provide the investor the necessary details and they know what to do. You'll figure out for sure who invest that amount.
After confirming their contribution, you send the equivalent number of tokens.

Jekbolt

member

Activity: 266

Merit: 20

Quote from: Meepospammer on January 30, 2018, 10:31:33 AM

Quote from: Jekbolt on January 30, 2018, 10:02:47 AM

Hello everyone!

Do anybody know how to accept fiat during the ICO and not be blamed by regulators?

We will be accepting ETH, but most of our potential contributors don't feel familiar with cryptocurrencies, so it could be difficult for them to register and buy ETH on any exchange.

Let's say you put a conversion factor in your web and whitepaper
Saying 1ETH =1 000$ which will be followed throughout the whole ICO
Basically, you set a certain value for eth which you think its price will be stable for most of the time.

Also, consider making videos on how to contribute as well as writing guides.
This will help people who are unfamiliar to crypto adapt.

Yes, thanks! but how to accept fiat money technically?

Meepospammer

member

Activity: 406

Merit: 20

Quote from: Jekbolt on January 30, 2018, 10:02:47 AM

Hello everyone!

Do anybody know how to accept fiat during the ICO and not be blamed by regulators?

We will be accepting ETH, but most of our potential contributors don't feel familiar with cryptocurrencies, so it could be difficult for them to register and buy ETH on any exchange.

Let's say you put a conversion factor in your web and whitepaper
Saying 1ETH =1 000$ which will be followed throughout the whole ICO
Basically, you set a certain value for eth which you think its price will be stable for most of the time.

Also, consider making videos on how to contribute as well as writing guides.
This will help people who are unfamiliar to crypto adapt.

Jekbolt

member

Activity: 266

Merit: 20

Hello everyone!

Do anybody know how to accept fiat during the ICO and not be blamed by regulators?

We will be accepting ETH, but most of our potential contributors don't feel familiar with cryptocurrencies, so it could be difficult for them to register and buy ETH on any exchange.

Topic: How to accept fiat during ICO (Read 144 times)