ICO Project Calculator: How much does an ICO cost?
Delivering Initial Coin Offering projects that have raised over $80mln, we know that the possibilities to launch a new cryptocurrency are endless - and so are the ideas you might like to incorporate into your new project. But if you are considering your own ICO launch, you are probably wondering how big a chunk of your budget it will take. We’ve prepared this ICO Project Calculator to help you answer this question.
Being tech people, let’s put aside the budget for marketing, PR, and legal costs, and break down the IT budget for a basic ICO project.
Creating a Smart Contract For ICO
The foundation of your cryptocurrency is a customized Smart Contract which allows for trackable and irreversible transactions. That’s why it has to be carefully crafted, perfectly safe and well tested.
Default features
Basic Smart Contract based on Ethereum
(ERC20 standard)
total supply, balance of, allowance, transfer, transfer from, approve
Select additional features
Mint - real-time token generation
Burn - destroying tokens
Other *
total supply, balance of, allowance, transfer, transfer from, approve
Current estimation
$
* Additional features require custom price estimation.
Initial Coin Offering
In managing your crowdsale, you will have to ensure the smooth process of fundraising, depending upon the currencies you plan to accept.
Default features
ICO Application for your investors
simple login process, open registration based on email, password recovery
Collecting money from investors before Smart Contract Deployment
Fiat Currencies
integration with CoinPayments - over 65 cryptocurrencies and Fiat
other solutions
Cryptocurrencies
CoinPayments -
over 65 cryptocurrencies and Fiat
Custom
Cryptocurrencies
Payment Tool
BTC, ETH, BTC Cash, Monero, Dash, Litecoin
other
other
solutions
simple login process, open registration based on email, password recovery
How many cryptocurrencies?
Current estimation
$
* Additional features require custom price estimation.
Smart Contract Deployment
Deployment is extremely important and fragile part of the process.
We can either
Instruct you on how to do it and support you in deployment
Share our application with you, allowing you to automatically transfer your tokens
with MetaMask.
Current estimation
$
* Additional features require custom price estimation.
With the Mint feature, you do not have to pay anything at this stage. Tokens are created and allocated immediately when you receive payment from your investors.
Current estimation
$
* Additional features require custom price estimation.
Allocation to Investors
The final part, where you assign tokens to your investors.
You can
Allocate through our application
Approve each transaction manually using Metamask
- private keys are not stored in the app
- better control and safety
Allocate all tokens automatically
- extremely fast
Embed the data in Smart Contract
Real time mint & allocation process
- private keys are not stored in the app
- better control and safety
- extremely fast
Current estimation
$
* Additional features require custom price estimation.
Summary
ICO Project Cost Estimation
Based on L4A rates.
$
Comments
Additional features require custom price estimation
Integration with an external vendor requires a custom price estimation
Additional cryptocurrencies in L4A tool require custom price estimation
Integration with an external vendor requires a custom price estimation