Saturday 1 December 2018

My first currency AlexToken and ICO


My first currency and ICO

AlexToken: https://bloxy.info/address/0x41104edb2cefbb66cc28b17d507f0b4ba559f455

I strikethrough by blue the 18 last zeroes because all tokens in the Ethereum are counted in 1/1 000 000 000 000 000 000 parts. For instance 1 Ethereum consists of Wei witch is 1/(10 power 18) of 1 Ethereum.


What these numbers means? The main numbers are:

  • cap (1 billion) - it is how many tokens I'm going to get
  • tokenReserve (500 millions) - it is how many tokens I've rest for myself
  • totalSupply (500 millions + 1) and remainingTokens (999 999 999) - it shows the current progress of the ICO
  • basePrice (100) - the price of one AlexToken is 1/100 Ethereum

So as you can see my ICO doesn't have great success... And I don't have any idea why! ;)