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8 Key ICO Smart Contract Features

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8 Key ICO Smart Contract Features

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  1. 8 KEY ICO SMART CONTRACT FEATURES

  2. 1.CAPPED CONTRACTS The Capping features allows you to set price caps, depending on what your minimum funding goal is to start the project and what your maximum goal is. 2.MINTABLE TOKENS What do you do when you’ve exhausted all your tokens but still have investors coming? You can mint extra coins which the ERC20 tokens standard doesn’t cover. FEATURES 3.MULTISTIG CONTRACTS For transactions that need multiple signatures to be approved, multistig contracts are a great option. 4.BURNABLE TOKENS You can burn unused tokens after a crowdsale by sending them to a sealed wallet, increasing the value of your tokens.

  3. 5.FINALIZABLE CONTRACTS Enables you to add extra finalizations once the crowdsale is finished. 6.UPGRADABLE CONTRACTS Allows you to upgrade contracts and transfer tokens to new contracts, as your campaign progresses. 7.REFUNDABLE CONTRACTS If your campaign was to unfortunately be unsuccessful in meeting the funding soft-cap for starting the project, you can easily refund the investor’s money. 8.TIME VAULT CONTRACTS Allows you to establish time limits, before which a user won’t be able to withdraw their tokens.

  4. Smart Contracts are one of the most remarkable features that blockchain technology offers. These programs provide high levels of flexibility and practicality for enterprise businesses to automate their tasks, seamlessly. So, let’s take a look at how Smart Contracts benefit ICOs, what the features are, and how you can make the most out of them for your Blockchain Project. OUTSIDE CONTENT This is BlockchainX, and here is everything you need to know.

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