Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Inventor of the ICO Unveils UpToken: A Bitcoin ATM on every corner
by
dacoinminster
on 05/10/2017, 17:29:11 UTC
Definitely a good way to mass adoption despite of legal, regional complications.
I have a few question regarding the actual Token sale:

Why not use a smart contract for the contribution process?
What is the actual process for gathering funds?
Are refunds to be handled in a manual fashion In the event you do not meet 10m?


Pretty intimidating Token-Sale-Terms paper:) Sounds like i might be signing my life away:)

Thank you,


I am mistrustful of smart contract code. My goal was to use the simplest ERC20 code possible.

We are using a signup form to identify match up cryptocurrencies coming in against where UpToken needs to go out.

Yeah, refunds would be manual, but signups indicate we should blow way past $10M hopefully. Hard to tell since the signup form isn't binding.

Terms were written by lawyers - sorry - there's probably a clause in there that gives up your firstborn child too!