Different questions about the Token Wizard

Hello,

I’m the admin of a French blog, testing your Token Wizard, to publish a post at its subject.

I have some basic questions to ask to the team, to understand correctly your tool.

  1. Is it possible to create and launch a new ERC20 token without any ICO/Crowdsale ? Or is this step mandatory ? In other words, does your tool allow to create/launch a new token on the market, without any crowdsale, by simply giving some value to the tokens (an equivalence in ethers) ?

  2. Your tool allows to create different tiers. Imagine a new campaign having only two “steps” (tiers) : a small crowdsale (for instance with 0.1 % of the total supply), and then an unlimited phase, during which anyone could buy the balance tokens (99.9 %), by sending ETH to the owner wallet address, or through a decentralized trading platform (like EtherDelta for instance). Is it possible to not set an end date to the second tier ?

  3. What happens if the crowdsale fails ? Will the purchased tokens be refunded to the buyers ?

Thank you, kind regards,

Chris - http://www.bitcoin-pour-les-nuls.fr/

Hello,

  1. No, token wizard has no such feature yet. The token is created with crowdsale together. We are preparing the next generation of smart-contracts for Token Wizard now, and we’ll consider such feature request.

  2. End date is mandatory. But you can configure tier as modifiable and move away end date of the last tier on demand.

  3. Token wizard has no refund strategy. This feature request https://github.com/poanetwork/token-wizard/issues/613 is open for now.

Aside from ERC20 (in POA), does the Token Wizard also supports ERC223 and ERC827?

Regarding OP’s #1 question, we can always deployed a smart contract with ERC20 standards without going through Token Wizard, so we can actually do it without any ICO/Crowdsale right?

Thank you

Aside from ERC20 (in POA), does the Token Wizard also supports ERC223 and ERC827?

Token Wizard creates ERC20 compatible token. It doesn’t support tokens created from outside of Wizard, no matter which standard it is of.

Regarding OP’s #1 question, we can always deployed a smart contract with ERC20 standards without going through Token Wizard, so we can actually do it without any ICO/Crowdsale right?

yes, it is on your own

Any update for this feature request? “What happens if the crowdsale fails ? Will the purchased tokens be refunded to the buyers ?”

Thanks in advance
OS

Which one?

“What happens if the crowdsale fails ? Will the purchased tokens be refunded to the buyers ?”

Token Wizard’s crowdsale has no soft cap. Crowdsale is accounted successful, no matter how many tokens were sold. Thus, there is no refund.