The purpose of Coinstantine ICO is to make airdrops and mass token distributions easier and cheaper. The intelligence is defined in a smart contract. The smart contract manages the tokens deposits and makes them available to the subscribed users.
Coinstantine ICO project consists of a smart contract, a website and a mobile app. The website is aimed to be used by air droppers/distributors, the mobile app by the users who want to receive tokens and the smart contract is there to make the magic happen.
Coinstantine ICO brings trust and transparency in a dark and blurry domain.
- Easier and cheaper for the distributors
- Easier and scam-free for the users
- Works with ERC-20 smart contracts
The main idea of Coinstantine ICO is sharing the costs and the fees of thousands of transactions. As described in the previous section, making one or a couple of transactions does not cost that much of Ether. But transferring tokens to thousands of wallets, at the end costs few Ethers.
Coinstantine ICO uses the withdrawal paradigm. The transaction is not done by the distributor anymore but by the withdrawer, therefore the fees are not paid by the distributor but by the withdrawer. The air dropper will make one single transaction of all the tokens they want to distribute, to Coinstantine ICO smart contract. Then the users will withdraw the promised tokens from the Coinstantine ICO smart contract, if they are allowed to by the air dropper.