"ICO Contract" Example (Send Token in Exchange for Ether)
In this post i can send Ether to the Creator Account as a donation from another Account Ive also created a Token Contract where you can s end Tokens to Another Account In this post, i will make use of both concepts with the following assumption: I have a company and i would like to go ICO. Initial coin offering ( ICO ) is an unregulated and controversial means of crowdfunding via use of cryptocurrency, which can be a source of capital for startup companies . So if someone or a company wants to help me setup my company and get some Initial Coins. My initial Coins are Tokens and i accept Ether in exchange for the Token. So the process goes as follows. 1. I Deploy my TOKEN contract with an initial of 1000 2. Another Account will send me Ether and i will send back some Coins. 3. My Exchange Rate is 1 to 1. So for Every Ether, i will send 1 Token back to the person who gave me Ether. In the Code below, i am giving 7 Tokens for any amount pragma solidity ^0....