One of the most common practices used by ICO teams to promote and incentivize their token sales is to offer hefty discounts or bonuses to contributors based on when they buy into their tokens or how much they are willing to invest.
Sometimes people might not be able to afford the minimum bid presented in the pre-sale round but still may crave for such discounts, which leads to ICO pool.
An ICO pool gathers people who want to participate to the presales of ICOs. Each participant sends its contribution to a smart contract. When either the deadline is passed or the max cap has been reached, the funds are sent. Then, when the smart contract receives the tokens, it distributes them back to the investors depending on their contribution.
The following link elaborates on how to make an ICO pool smart contract:
https://hackernoon.com/hacking-a-popular-ico-practice-that-only-rewards-the-richer-7d10b2019f1e
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Topic: How To Build An Investment Pool Smart Contract. (Read 92 times)
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