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Topic: ICO Contract vs none? (Read 112 times)

sr. member
Activity: 378
Merit: 251
February 14, 2018, 09:22:19 PM
#4
It depends what platform the ICO is using.  If it's an Ethereum ERC-20 token ICO, then it will be on a smart contract.  If it's a different platform that doesn't have smart contracts, then the team will use other methods of distributing the coins or tokens. 
member
Activity: 331
Merit: 13
February 14, 2018, 08:55:23 PM
#3
Smart contracts is basically Ethereum (am I right? Roll Eyes). Other Ethereum-like platforms like Waves also allow projects to be built upon them without the need for writing out smart contracts. Howver, Some projects might have but choose not to reveal it.
member
Activity: 462
Merit: 12
Indonesian Translator, #1 Quality is prioritized.
February 14, 2018, 08:50:30 PM
#2
Why do some ICO's have a ICO Smart contract and some don't?  

Like... ethereum and neo smart contract?
Probably because project with smart contract tends to be considered as a scam project, therefore they create their own blockchain.

I have seen some large ones not have contracts?  

There are lots of ICO out there not relying on smart contracts. Like TravelFlex, HDAC, any many more.
Why should every ICO relies on those smart contract anyways?

 Is this so they can do bounties?

Every ICOs can create bounties regardless it has smart contract or not -_-
copper member
Activity: 183
Merit: 10
February 14, 2018, 08:34:49 PM
#1
Why do some ICO's have a ICO Smart contract and some don't?  I have seen some large ones not have contracts?  Is this so they can do bounties?
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