On this planet of blockchain know-how, token presales have emerged as a robust instrument for elevating funds for brand new tasks. Nonetheless, creating and managing a token presale could be a advanced and time-consuming course of. It additionally proves to be fairly pricey to program the good contracts required. That’s the place Token Software is available in. With its easy-to-use interface and complete options, Token Software makes it easy for anybody to create and handle profitable token presales.
On this information, we’ll present a step-by-step overview of tips on how to use Token Software to create and handle your token presale. We are going to cowl all the things from organising your token presale parameters to receiving investments and managing your token provide.
Advantages of utilizing Bitbond Token Software to create your token sale are:
Ease of use: Token Software is designed for non-technical customers, making it simple to get began even when you’ve got no expertise with blockchain know-how.
Full options: Token Software gives all of the instruments it’s essential create and handle a profitable token presales, together with the flexibility to arrange investor whitelists, handle withdrawals, and obtain investments instantly out of your web site.
Safety: Token Software good contracts are audited by CertiK, a number one auditor within the trade. It additionally gives its customers with safe and easy method to deploy good contracts.
In case you are in search of a method to increase funds on your new mission, Token Software is the right answer. With its easy-to-use interface, complete options, and safe infrastructure, Token Software may also help you create and handle a profitable token presale very quickly and for a cheap value.
How will you kick your token presale simply and with out paying hefty growth prices? Token Software allows you to simply create a token presale through an intuitive person interface. You’ll be able to watch our demo video or comply with the steps described beneath:
Step 1: Choose your token for the token presale
To create a token presale, you first have to create your personal token through the create token perform. That is the information that can assist you in creating tokens utilizing Token Software. After getting created your token, you’ll need to start out creating your token presale by defining the parameters on your token providing.
Within the sidebar menu on the left, click on on “Create Token Sale”.As a subsequent step, select the community on which you want to create the token presale (Observe: the community must be the identical because the one the token was created on).
Now enter the token contract deal with within the token deal with subject after which click on proceed. Additionally, you will see a drop down menu with all obtainable tokens in your pockets alongside their contract deal with. Merely select the token in query and click on proceed.
Step 2: Configure your token presale
You’ll now be redirected to the create token presale parameter configuration web page.
Begin by deciding on fee token you want to obtain investments in after which set the token value denominated within the foreign money of selection (e.g. ETH or USDT), adopted by the token presale quantity caps.
(Observe: solely enter entire numbers. Comfortable cap should be not less than 50% of laborious cap. If the smooth cap will not be reached on the finish of the token presale, funds will be claimed again by the traders).
The “Numbers of token on sale” worth is calculated by value per token within the foreign money of selection occasions the laborious cap within the foreign money of selection.
Instance:
If 1 USDC = 100 BTD with a tough cap of 10 USDC → Variety of tokens on sale = 1000 BTD
Observe: Additionally it is attainable to just accept every other customized tokens equivalent to stablecoins as technique of fee for investments. It doesn’t should be the native cryptocurrency of the community on which the tokens are issued.
This may be useful with a view to settle for funds with property that aren’t topic to unstable change charges, lowering the danger. Nonetheless, the customized tokens or stablecoin should be working on the identical community because the token sale.
After all, you don’t have to decide on a stablecoin, every other customized token works as nicely, simply be sure you select a token that’s accessible to traders. If you don’t select the native cryptocurrency of the chosen blockchain however a customized fee token, you’ll need to specify the fee token through its token contract deal with of the designated community.
Instance:
Contract deal with for USDT can be:
Contract deal with for DAI can be:
Now set the funding quantity limits per investor (Observe: these are the minimal and most quantities every pockets deal with can make investments. Set to 0 for no restrict)
After that, set the token presale begin time and the token sale period. (YYYY-MM-DD HH:MM:SS)
Instance:
If token sale begin time = 01.01.2022 at 12:00:00 and the token sale period is 30 days → Token sale finish time = 31.01.2022 at 12:00:00
If the providing required funds to be locked for a selected period of time earlier than being claimed, you need to enter the variety of lock days below “lock period in days”.
It will lock the funds for the period entered, stopping traders from claiming funds after the top of the token sale interval. If a lock time doesn’t apply, set the variety of days to “0”.
The “Token declare time” date is the same as the token sale finish time plus the quantity of lock days that has been entered.
Instance:
If token lock period in days = 15 days and token sale finish time = 31.01.2022 at 12:00 → Token declare time = 15.02.2022 at 12:00
Set investor whitelisting
Now select whether or not you need to whitelist traders or not
A token presale is usually restricted to particular traders, if this is applicable then choose ¨Solely whitelisted addresses can make investments” within the “Set Investor whitelist” part. When you choose this selection, an investor can solely make investments from an deal with that you just whitelisted beforehand. This feature is appropriate for token gross sales the place investor KYC is important for instance for regulatory causes equivalent to in a Safety Token Providing (STO) or whenever you need to know who your traders are. The whitelisting of addresses is completed below the Handle Token Sale performance (see beneath on this information for particulars).
If the whitelisting limitation doesn’t apply and the providing is obtainable to all traders, set the choice to “each deal with can make investments”. This feature is just appropriate for unregulated token gross sales equivalent to Preliminary Coin Choices (ICO).
Within the case an investor whitelist has been set, issuers would require a person interface to onboard traders, it’s going to encompass accumulating obligatory contact data of traders and performing KYC on their profiles. That means an onboarding shall be wanted for each deal with through some type of investor UI. Nonetheless, within the case of no whitelisting, then any deal with can make investments.
Set token sale proprietor
Lastly, set the token sale proprietor, this lets you select the proprietor of the token sale, so in different phrases the issuer of the providing. To pick out the proprietor, enter the proprietor’s deal with within the “Token sale proprietor deal with” subject.
Now click on on “Proceed” on the backside of the web page.
Step 3: Assessment token pesale
Congratulations, you at the moment are a step nearer to finishing your token presale. When you undergo all of the steps within the “Configure your token sale” part, you may be redirected to the “assessment token sale” web page.
On this part, ensure that all stuffed data for the token presale is right and correct. It is vital that you just do that course of fastidiously as modifying parameters would require you to edit them and pay for a brand new transaction for the edit to be applied.
As soon as all data submitted is reviewed totally and confirmed, click on on “create sale” (Observe: be certain your pockets is related to the fitting community).
Service charges + community charges will apply accordingly.
Step 4: Create token presale
Now that the transaction is confirmed in your pockets and processed by the community, a modal will seem confirming that your token sale has been created efficiently. In it you can see the Token Sale Contract deal with and the Token sale hyperlink which you’ll share.
Voila! You’ve now efficiently created a Token Sale utilizing Bitbond’s Token Software. Your Token Sale will begin in accordance with the interval you set.
Observe that you will need to ship the tokens to the token sale contract deal with previous to the beginning of the token sale. This may be finished within the Handle Token Sale part, you will need to click on approve.
You too can go to the “Handle Token Sale” perform with a view to take actions and edit parameters associated to your token sale.
Step 1: Enter token sale contract deal with
To entry the administration perform of your token sale, first it’s essential insert the contract deal with obtained upon creation of token sale.
When you fill within the deal with click on on “proceed”. You’ll be redirected to your token sale data web page. On the high you will notice details about your token sale in accordance with the way you set it up upon creation of the token sale.
The HTML code that you just discover on the backside of the token presale data is so that you can embody as an iframe into your web site. This permits traders and prospects to obtain details about the token presale you’re working through your present person interface. See ¨Step 7¨ beneath for particulars on organising iFrame.
Step 2: Assessment & edit token presale parameters
Beneath the token presale data, you can see the overall settings part:
Right here you’ll be able to assessment and edit parameters associated to your token presale.
Observe: token presale parameters can solely be edited up till 10 minutes earlier than the beginning of the sale.
Step 3: Add addresses to whitelist traders
Within the case the place your token presale can settle for funding from whitelisted traders solely, you’ll need so as to add the addresses of whitelisted traders:
Click on on “Add addresses”. A pop window will seem the place you’ll be able to manually add addresses of whitelisted traders, or by importing a file containing an inventory of the addresses:
Step 4: Assessment & handle whitelist addresses
Now that your whitelisted addresses have been uploaded, you’ll be able to assessment and handle investor addresses:
Make it possible for the checklist is right and take away undesirable addresses.
Step 5: Set withdrawals parameters if relevant
Ought to you might have withdrawal parameters utilized to your token presale, you’ll be able to toggle on the circumstances of your selection and set the parameters accordingly.
Step 6: Congratulations you might have efficiently arrange your token presale
Now that you’ve got accomplished the mandatory steps to create and handle your token presale, you can begin receiving funding as soon as the token presale begin date is reached.
Step 7: Arrange iFrame in your person interface to obtain investments
Beneath the Token Sale data within the ¨Handle Token Sale¨ performance, you can see an HTML code field for a so-called iFrame:
Use this code to embed it in your web site, this can assist you to obtain investments instantly out of your web site, without having to redirect traders to the token sale web page.
Beneath an actual time view of an instance of a token presale on Sepolia Testnet embedded in an iFrame utilizing the HTML code:
Utilizing Bitbond’s token instrument to create and handle token presales, now you can increase funds whereas concentrating all of your effort and a focus in your mission.
No extra coping with operational hurdles associated to creating, organising and implementing software program inside your group.
Because of this simple to make use of web3 utility, issuers can now merely join with their pockets, launch token presales to gather funds, whereas sustaining full possession and management over the token presale and property.
