Cointed Token (CTD) and Token Sale
|Token Name||Cointed Token (CTD)|
|Smallest Unit (Atom)||1e-18 CTD|
|Token Amount||Up to 650,000,000 CTDs
|Token Price||Fixed to 1000-1150 CTDs/ETH
|Percentage for sale||100%|
|Minimum Token Purchase||1 Wei|
|Maximum Token Purchase||No Limit|
|Minimum Funding Goal||None|
|Extra Features||Pausable, Upgradable, Owner Limits . . .
1. Token Amount
The maximum token amount is 650 million CTDs. Tokens are minted during the crowdsale and the total supply is fixed at the end of the crowdsale so that the maximum token amount might not be reached. In case the maximum number should be reached, the crowdsale allows for up to 1,514 atoms to be created due to arithmetic imprecisions.
2. ICO Phases
The token sale goes through the following phases:
- Before the ICO: Allows the owner to perform contract setup
- Pre-ICO A: Phase with 15% bonus
- Pre-ICO B: Optional phase with 10% bonus
- ICO: Regular ICO Phase
- After the ICO: All payments are refunded
The phase transitions are displayed in Figure 1. They can either happen due to elapsed time or as a certain number of tokens has been purchased.
3. Phase change rewards
There are special phase change rewards.
- The first token buyer during the Pre-ICO A phase receives 0.1 ETH
- If the Pre-ICO A phase sells out, the final token buyer receives 0.1 ETH
- If the ICO phase is entered, the first token buyer receives 0.2 ETH
- If the Pre-ICO B phase or the crowdsale is sold out, the last token buyer receives 0.5 ETH
These rewards have to be claimed in the same way as refunds
4. Token Prices:
The token buyer receives the following amount of tokens in the phases per ETH:
As the table shows, with each token purchase additional tokens are minted for the owner and the bounty account.
5. Refund Options
Refunds can occur in the following situations:
- A token purchase at the end of a phase might get partially refunded for those funds which exceed the phase limit. ⇒ Partial Refund
- A token purchase after the ICO completion. ⇒ Full Refund
As the contract has no minimum funding goal, no token purchases can be refunded.
Refunds are not directly send back, but must be withdrawn using the
Token buyers are notified of a pending withdrawal with the
These refunds cannot be accessed by the owner for 30 days after the completion of the ICO.
Afterwards, the owner can withdraw unclaimed refunds using the
6. Extra Features
The owner has the power to pause the token sale and/or circulation once for the duration of two weeks. During this time no token transfers, token purchases or refunds can be made.
The owner can propose a token upgrade to a new token version. This can happen at any time.
Individual token owners can accept the upgrade by calling the upgrade function.
The contract limits the owner’s power during the ICO. During the ICO the contract owner cannot transfer any tokens.
Should the owner fail to perform a proper setup before the start of the token sale, then the contract will automatically assign its owner to critical functions.
Check sums and contract address
Source code files
$ sha256sum build/flatten/CtdToken.sol
# Swarm Source: bzzr://94b10c2a6e6e4ebe96606e48a7611d3da6e223636638da8e85b7391ebe26f52e
Bug Bounty Program (finished)
Results of the Cointed Token (CTD) Bug Bounty Program can be found here.
Thank you for contributing.
Setup & Test
Please refer to doc/README.md