Feb 16, 2018
Crowdfund your idea in a few steps. Build your Ethereum based Crowdsale and start your ICO with no setup costs and zero lines of code required. FriendsFingers is an open-source Decentralized Application (DApp) built on Smart Contracts running on Ethereum Blockchain. Using FriendsFingers, you can easily deploy an Ethereum Smart Contract that will hold contributor’s money until any given date or goal is reached. Depending on the outcome, the funds will either be released to the project owners or safely returned back to the contributors. Since the code is open and auditable, all of this is possible without requiring a centralized arbitrator, clearing house or having to trust anyone. You can even use the token you create to keep track of the distribution of rewards.
Users that want to start a crowdsale on FriendsFingers must only fill a form with all informations needed to start it like the project name, the crowdsale goal and target, the crowdsale deadlines, the name of the token to issue, the tokens rate per ETH, the Ethereum wallet address where funds will be collected and some others informations regarding crowdsale official links and Whitepaper.They can also choose an amount of tokens to be issued for crowdsale creators at the beginning of the crowdsale.After the crowdsale end no more tokens can be issued.
The unique requirement users must have to start their crowdsale is an Ethereum wallet address with a small ETH balance to pay the Gas fee (Note that Gas fee is not for FriendsFingers but it serves only to pay miners that will include your transaction in the blockchain).
After the creation process creators will receive a public link for their crowdsale so they can share it on their promotion channels.
In order to avoid any fraudulent attempt, our team reserves the right to review both already started crowdsales content and crowdsales team members, eventually stopping the crowdsale. The right to approve or disapprove crowdsales which show an unclear project or team will be also exercised by our token holders within the near future. Stopped campaigns might be restarted if team members of those will present a reasonable documentation supporting the genuinity of their project, which will be always evaluated by our team and our tokens holders.
To enter the crowdsale, investors should go in previous generated page where they will find any informations regarding the project as inserted before.
Participants willing to support crowdsale can do so by sending Ether currency through FriendsFingers platform or by sending Ether to the designated address using their preferred Ethereum wallet. By doing so, they are purchasing crowdsale's token at the rate creator has chosen before which are sent instantly to their wallet.
Token will be transferable only when the crowdsale is over to avoid to see them on secondary market before than crowdsale end.
Everyone can even verify his transaction and see the received tokens exploring the blockchain (for instance using Etherscan) or through FriendsFingers platform itself.
At the end of the crowdsale, creators can choose to restart another round with lower rate per ETH for a max of 5 times, or they can decide to close the crowdsale.
The later rounds will have a goal of 0 (zero) ETH because of we suppose that they reached their goal in the first round and they are only issuing other tokens at a lower rate (they can't set a rate greater than previous rounds as written in the Smart Contract).
When creators close the crowdsale the token ownership will be transferred to them, so they will have any rights to make actions on it.
When each round of the crowdsale ends, if it reaches the goal, funds will be immediately transferred to the creator designed wallet except a little fee of the raised amount which will go to FriendsFingers wallet. FriendsFingers will also take a percent of each round max token supply to help creators with token distribution. Starting fee is 5% and it should be only decreased in time according to the Smart Contract. Creators can also receive discount on fees as expressed below in Shaka Token description.
If crowdsale doesn’t reach the goal, investors can easily claim their funds back and creators don’t have to pay any fee to FriendsFingers. Creators can't be able to restart a crowdsale if it ended under the goal.
According to the Smart Contract, if some investors don’t claim their refunds a year after the crowdsale end, these can be transferred to FriendsFingers wallet and used for platform development or for any other purpose decided by a public vote as expressed below in Token description.
Technically the token creators are issuing is a "mintable", "burnable" ERC20 token and at the end of the crowdsale the finish minting function will be called by the Smart Contract by blocking the total circulating supply. It means that tokens can be created only during the crowdsale and nobody can create an additional amount of tokens after the crowdsale end. This increases the confidence of investors ensuring them that creators can't be malicious or undervalue token price by generating more tokens than they have declared before.
The crowdsales started on FriendsFingers and the corresponding tokens creation processes will be organized around Smart Contracts running on Ethereum Network. All the source code of both Smart Contracts and platform will be verified on Etherscan and published on GitHub, where you can read and analyze any line of the code you will use. Our platform itself will be a DApp (Decentralized Application) hosted on GitHub pages. We have no servers and no databases, we don’t store any datas in places you can’t see them. All will be public on the Blockchain and open-sourced on GitHub to have a strong and trustworthy crowdsale.
$16 200 000
This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
If you have any concerns about the nature, propriety or legality of this token sale or the persons involved in it please contact [email protected] with detailed information about your concerns.