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Creating an ITO takes about 15-30 minutes. Note that once you create it, you won't have any authority or special rights over it. Instructions below.
Search for 'TTW' in the text and change the following parameters to your own
string public constant name = "Town Token";
string public constant symbol = "TTW";
uint8 public constant decimals = 18;
On this page, perform the following steps:
Give it a few seconds to compile. When it is finished, you'll see the 'Contract' box
Log in to your MyEtherWallet account
First, we need to deploy the ITO token by going to the menu's 'Deploy Contract' selection under 'Contract'
Next we create our main contract for the token. Clicking on 'Deploy Contract' again:
How many days is a work block? For 7 days, enter "7" (without quotes)
How many distribution periods will there be for newly-added tokens? For 5 periods, enter "5"
What is the ITO's genesis value? This value is measured in wei. [See here for a converter. If you wanted a starting rate of 0.002 ETH then enter '0.002' in the 'Ether' box and copy the value displayed in the 'wei' box and paste it into the startRate field.]
What is the minimum amount that a single address could obtain in each of the first few transactions? Enter the value + 18 zeros (or go here for the converter by entering the value in 'Ether' and copying from 'wei')
For how many transactions do you want this minimum requirement to last? For the minimum to apply to the first 50 transactions, enter "50"
What is the maximum number of tokens that someone could obtain in a single transaction? Enter the value + 18 zeros (or go here for the converter by entering the value in 'Ether' and copying from 'wei')
What is the minimum number of external token that a producer could add to the ITO? Enter the value + 18 zeros (or go here for the converter by entering the value in 'Ether' and copying from 'wei')
Paste your token address into this field (from step 7)
Your inputs will look similar to the following:
Once the transaction is complete, copy your new main contract address (and save it!)
We now need to initialize the ITO by linking the two contracts together, and inputting the number of ITO tokens to issue.
On the 'Read/Write Contract' box, click the drop-down and scroll to 'init' (4th from the bottom). When you click this, new fields will appear.
Change the owner of the contract to Ethereum's genesis address by clicking 'renounceOwnership' (while still in the 'interact with contract' box for your token address).
This function makes no difference, as the owner has no authority. It just looks better in Etherscan if there is an invalid address listed as the owner.
You'll probably also want to verify your contract code so that people can read it from Etherscan and see what's inside.
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