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8 ICO Smart Contract Features

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8 ICO Smart Contract Features

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  1. 8ICOSmart Contract Features

  2. Youneedtoknow aboutCrowdfundingusingICOs? Congratulations! ICOs are a great choice for crypto project fundraising. But there are things you need to know about before you start.Hopefully, this series will help you get started with ICOs and how they can work for you.

  3. WhatareSmartContracts? SmartContractsareself-executingprogramsthatworkbasedsomeset criteria. Theyaretotallyhands-freeandtamper-proof. Onceyouimplementasmartcontract,itcannotbyalteredbyanyone. Thishelpsestablishtrustwithyourinvestors.

  4. 8KeyICOSmartContractFeatures 1. CappedContracts TheCappingfeaturesallowsyoutosetpricecaps,dependingon whatyourminimumfundinggoalistostarttheprojectandwhat yourmaximumgoalis. 2.MintableTokens Whatdoyoudowhenyou’veexhaustedallyourtokensbutstill haveinvestorscoming?YoucanmintextracoinswhichtheERC20 tokensstandarddoesn’tcover. 3.MultistigContracts Fortransactionsthatneedmultiplesignaturestobeapproved, multistigcontractsareagreatoption.

  5. 4.FinalizableContracts Enablesyoutoaddextrafinalizationsoncethecrowdsaleisfinished. 5.UpgradableContracts Allowsyoutoupgradecontractsandtransfertokenstonewcontracts,asyour campaignprogresses. 6.RefundableContracts Ifyourcampaignwastounfortunatelybeunsuccessfulinmeetingthefundingsoft- capforstartingtheproject,youcaneasilyrefundtheinvestor’smoney. 7.BurnableTokens Youcanburnunusedtokensafteracrowdsalebysendingthemtoasealedwallet, increasingthevalueofyourtokens. 8.TimeVaultContracts Allowsyoutoestablishtimelimits,beforewhichauserwon’tbeabletowithdraw theirtokens.

  6. ContactUs 7708889555 blockchainx.tech@gmail.com http://blockchainx.tech/

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