Journal of Cybersecurity and Information Management
  JCIM
  2690-6775
  2769-7851
  
   10.54216/JCIM
   https://www.americaspg.com/journals/show/287
  
 
 
  
   2019
  
  
   2019
  
 
 
  
   Implementation of Crowd Sale using ERC-20 Tokens
  
  
   CSE Department, Faculty of Computer Science, Maharaja Agrasen Institute of Technology, India
   
    Ashish
    Sharma
   
   CSE Department, Faculty of Computer Science, Maharaja Agrasen Institute of Technology, India
   
    Yogesh
    Sharma
   
   CSE Department, Faculty of Computer Science, Maharaja Agrasen Institute of Technology, India
   
    Radhika
    Bansal
   
   CSE Department, Faculty of Computer Science, Maharaja Agrasen Institute of Technology, India
   
    Sushant
    Verma
   
  
  
   The paper aims at creating ERC-20 Token and crowd sale step-by-step with Ethereum smart contracts. In the process, it focuses on testing the smart contracts, deploying the smart contracts to the Ethereum blockchain, and building an ICO website deployed to the web for the buying and selling of the tokens. The Ethereum blockchain provides a platform for creating our cryptocurrency, or tokens that can be purchased via Ether which is the native cryptocurrency of the Ethereum blockchain. ERC-20 is a standard document that specifies the behavior of the tokens so that they are compatible with other platforms like cryptocurrency exchanges. We used Ethereum which is a blockchain like Bitcoin. We created a token called "Token" and there are 100,000,000 such tokens. Firstly, the token smart contract keeps track of some token attributes which are basic. It also keeps track of who owns "My Token" and how much. ERC-20 tokens can be used as a payment just, just like any other cryptocurrency, from one account to another. They can also be purchased in a crowd sale, like an ICO. 
  
  
   2020
  
  
   2020
  
  
   05
   12
  
  
   10.54216/JCIM.020101
   https://www.americaspg.com/articleinfo/2/show/287