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Colored Coin Vending Machine

A simple coloured coin or open asset vending machine for crowdsales, IPOs or ICOs. It is designed to be used without a login, and autonomously forward payments.

What is it?

By using either the Open Asset protocol or Colu

How does it work?

Create your asset

You can create an asset either via Colu.co or via CoinPrism. CoinPrism have a great blog post on how to create your asset.

Create your listing

There are only a few properties here. Price Refund address. Because the site does not require listers to create an account, the user must provide a refund address. In the event a user would like to withdraw their tokens, a message signed via the private key of that address must be provided. Fee.

Send your assets

Once you have created your listing, you will be given an asset address to forward the tokens to.

What happens next?

Once you have paid the small fee, your asset will be listed for sale. Upon a customer purchasing your token, all bitcoin will be automatically froward to your payout address.

Other questions

Why a listing fee? This is to pay for our web hosting. Why is there a purchase fee? Colour coin transactions require a bitcoin miners fee. A purchase fee is charge to cover this cost.

Futher

All software is provided free. Should you wish to create your own listing page, hosted on your own servers you can.

Links

Colu.net OpenAssets NBitcoin

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A simple coloured coin or open asset vending machine for crowdsales, IPOs or ICOs

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