Hi guys I'm a coder, C programming almost for 15 years. In the past also full stack web dev. I was looking into, how smart contracts are working, tried solidity and it doesn't look like a big deal to me. But I have a question. Assuming some one create a token (not a pump and dump shit, one with an good Idea behind). Where the value is comming from, when a token has 0 market cap? It means the first buyer, which can be a bot, can buy big amounts for quite nothing. How is such things solved? I see, some projects have private presale, IDOs etc. But is there another solution too?
Oct 19, 2021, 5:48 AM
It doesn't have any value
The value comes from people buying the token
Oct 19, 2021, 5:49 AM
I don't want to spam internet, searching for possible early investors which could own too much at the end.
That's the question...What are your thoughts about fair distribution?
Oct 19, 2021, 5:50 AM
If give away free tokens it is just going to reduce the price of that token
Oct 19, 2021, 5:51 AM
Sure. So the only way I see a fair distribution, to do an ICO right? There is better to limit the amount and select buyers randomly who want to participate. Like coinlist doing so, right?
This would be the most fair launch?
Oct 19, 2021, 5:53 AM
Some what
Just a normal stealth launch is better
People don't care about icos of tokens they never heard of
Oct 19, 2021, 5:54 AM
Also a good point. What is a stealth launch?
Oct 19, 2021, 5:55 AM
Just normally launch without any icos
Oct 19, 2021, 5:55 AM
But how about, when someone buy 50% in first seconds for 10$
I don't get it. In this case the project is rekt.
Another Idea was to use the nativ blockchain coin as a service fee and build the liquidity for the own token right?
Oct 19, 2021, 5:59 AM
You need to add a lot of bnb in Liquidity
Oct 19, 2021, 6:08 AM
I could afford to add few BNB, a lot is a lot unfortunately....
Oct 19, 2021, 6:12 AM
add lots of liquidity, you can do a presale to get liquidity
thanks in advance sir
welcome
what is your project about?
what will they benefit?
Oct 19, 2021, 6:38 AM
A typical shitcoin on BSC or ETH has no value. Its in their marketing plan to convince you otherwise. IDOs and ICOs can be for any currency but you can fuck it up easily. Look at etherums greedy ico
I think they’re using React so the UI components wont be as straightforward
Its also written in TypeScript too. The footer uses two wrapper functions and then they made a button
You could even deploy it in Remix or Truffle to see if your code gets a regular gas amount
Oct 23, 2021, 1:56 PM
I'm using remix
Oct 23, 2021, 1:56 PM
Yeah just deploy it on Remix and you can see the gas costs of your contract. The deployment fee on the mainnet probably cant be a single number but possibly in a range
Oct 23, 2021, 1:57 PM
I'm just asking approx fee
Usually how much it costs
Never mind i'mma buy 1 bnb
I think this will be enough
Oct 23, 2021, 1:58 PM
https://forum.openzeppelin.com/t/bsc-amount-for-the-deployment/8257
Im not trying to avoid your question, just telling you why I cant just say “oh its 0.01 BnB!”
Oct 23, 2021, 1:59 PM
I understand I just wanna know usually how much
Oct 23, 2021, 2:00 PM
If you forced me to answer, Id say 0.25 bnb. Depending on what your contract does.
Oct 23, 2021, 2:02 PM
Okay
Oct 23, 2021, 2:02 PM
I just remembered tho that you could probably get on-chain data using the Graph. You could give that a try
Oct 23, 2021, 2:23 PM