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The main thing in an ICO Smart Contract is the buy () function. Zilionixx crowdsale will be start on Mar . Crowdsale. Crowdsale Details: Crowdsale will be in 4 stages, one week each: Pre-ICO stage - 30% token bonus. End-to-end guide to develop ICO Smart Contracts Post ICO strategy for Fantom, The DAG cryptocurrency with Smart Contracts Blockchain 101 - Smart Contracts \u0026 ICO's (Extended) CREDITS SMART Our Zilionixx Coin(ZNX) . Etherparty is a new fintech-related startup that will soon launch its ICO (Initial Coin Offering). It is a common method in blockchain space, decentralized applications and in-game tokens for bootstrap funding of your project. An ICO Smart Contract Creation will have the following set of characteristics: Observability; Verifiability; Privity; . Max cap (also known as Hard cap) is the maximum desired financial goal from an ICO.It's the amount that the project needs to develop or improve their product. When a Crowdsale contract is deployed, the user transfers control rights to the token contract to the Crowdsale contract. . See more: smart contract freelance, i wont to create a logo and i wont to write abc arab boiz cruw the logo, i want to write a book about my life where do i start, ethereum crowdfunding platform, ico smart contract example, ethereum crowdsale 2014, crowdsale ethereum, smartcontract ico link, ethereum crowdsale contract, crowdsale ico, ico smart . Smart contract audit. In this course, I will be sharing with you how to deploy your own token and crowdsale smart contract on Ethereum, and I will make the process fun and easy for you! The investor receives 2 types of tokens in return - the tokens of the original ICO + Insurer tokens. The wizzard will guide you through the rest of the ICO contracts creation process. 300 million CPH tokens will be made available in the public sale taking place on September 14. The wizzard will guide you through the rest of the ICO contracts creation process. EAC ICO starter library is a JavaScript library. Just create an HTML button, a few informational containers and provide details about your smart-contract. Contracts do not contain any method for transferring tokens to presale and bounty investors. It also acts as a . master ico-smartcontracts/contracts/Crowdsale.sol Go to file frostiq beneficiary renamed to tokenOwner, checkGoalReached for only tokenOwner Latest commit 1abb350 on Aug 30, 2017 History 2 contributors 176 lines (152 sloc) 5.5 KB Raw Blame /** * Crowdsale for Monetha Tokens. A: While an ICO's smart contract (Initial offering crowdsale for cryptocurrency) is structured around fundraising tiers and financing stages, an NFT's smart contract is structured around the transfer of artwork, collectibles, or other assets that the NFT represents, as well as the asset's associated data/metadata, etc.) This Airdrop method is preferred if you prefer not to spend a lot of Ether on airdrop transactions gas fees. With that in mind, we are publishing a 3-phase article, which describes the cycle of the CrowdSale Token . SLACK JOIN ANNA ICO Official link: . Read more. Look no further, Contact me. BitStarz Player Lands $2,459,124 Record Win! This is the function that people will use to send Ether in exchange for tokens. Here we store the smartcontracts for the ICO. Next, we add some constructor arguments to our smart contract and pass them to the Crowdsale smart contract library. The most important and complex task of this stage is the creation of Crowdsale contract (The ICO Contract). ; More information about the general crowdsale will . Today, ICO is Low-Cost Growth Funding and it is the most convenient tool for attracting investments, including due to the lack of legal regulation and supervision. Zilionixx crowdsale landing page. The now parameter represents the crowdsale opening time. Initial Coin Offerings (ICO) are a set of contracts for managing a token crowdsale, allowing investors to purchase tokens with ether. Testnet: Receive 15 free testnet TOMO tokens using TomoChain's Faucet. The Ethereum Blockchain is currently the most prominent platform for companies to conduct an ICO. An initial coin offering (ICO), or digital token crowdsale, is a method of blockchain-based crowdfunding based on the exchange of a project's new and unique cryptocurrency tokens for established cryptocurrencies like ETH, EOS, etc. Some of the most important include, selecting the Blockchain platform to hold the funds and writing the token and crowdsale smart contracts. Deploy your newly created ICO in a single Ethereum transaction. Crowdsales are a popular use for Ethereum; they let you allocate tokens to network participants in various ways, mostly in exchange for Ether. Pre-ICO and bounty tokens. Your token smart contract needs to accept recipient wallet address as an argument. These are highly popular projects in the smart contract market, offering the ability to create a token and a crowdsale contract. Smart contract for the EGR airdrop & crowdsale. In a few words, token is crypto coin which working . A Smart Contract Crowdsale Is Superior to An ICO Although the concept of a smart contract crowdsale is still relatively new - and relatively untested, despite the success by Digix - there are . This is modeled after the familiar stock market term 'IPO', which stands for 'Initial Public Offering' and is used to denote the launch of a company's shares on the stock market when they first become available to the public. Vyper Crowdsale ⭐ 4. Using the CamOnRoad Smart-contract: ETH only. In order to do that we need to Set a price for our token (1 ETH = 100 Pako Token) Implement a payable buyToken () function. However, both platforms are currently available in their . As of now, there are several technologies that have been used by blockchain experts to launch a successful ICO crowd sale platform using the Ethereum network. i am learning blockchain programming and meanwhile have a good idea how to create a token and crowdsale contract in the etherum network. The worldwide decentralized real time video logging system ICO . CamOnRoad crowdsale starts on September 15th at 00:00AM UTC+3 (Moscow). Some validation methods are: Pausable ICOs. Update: I'm writing a book on Ethereum Smart Contracts. A cryptocurrency crowdsale is a public offering to invest in a new cryptocurrency or other digital asset, such as a non-fungible token (NFT). Sometimes a good idea takes a lot of funds and collective effort. . Features customization and maintains a continuous integration pipeline. This flexibility allows ERC 20 tokens to be used in all kind of smart contract based protocol, and be issued by other smart contracts, like an ICO smart contract. Founders: Yanislav Malahov, Zack Hess, Marion Vogel: ICO Start: 2017-05-12 13:05:00: ICO End: 2017-06-12 13:05:00: Platform: Aeternity: Current ICOs deploy a smart contract that receives ETH and return tokens (cryptocurrencies, assets, utility tokens, protocol tokens, access tokens, etc.) By introducing AI into smart contracts, we are developing smart contract VMs that will be more useful in Unicial and other dApps by realizing the combination of Zilioxx blockchain data and AI. Allows to stop (pause) the token sale at any moment. SUBSCRIBE TO THIS CHANNEL For more videos on how to build decentralized applications on The Ethereum Blockchain: https://www.youtube.com/channel/UCY0xL8V6. Min cap (also known as Soft cap) is the minimum financial goal of a crowdsale.In Layman's terms, it's the minimum amount at startup, which is deemed sufficient to carry on with a project. 3. This project aims to provide standard, secure smart contracts and tools to create crowdsales for Ethereum blockchain. Now, Crowdsale smart contract defines the rules and makes sure that there is transparency while raising these funds. An initial coin offering (ICO), or digital token crowdsale, is a method of blockchain-based crowdfunding based on the exchange of a project's new and unique cryptocurrency tokens for established. The now function returns the current Ethereum block timestamp in the form of seconds since the Unix epoch. in ICO's on Ethereum Blockchain How to Send Ether to Smart Contract in Solidity in Crowdsale (ICO) - Ethereum Programming Become an Ethereum Developer: 6. Aeternity is a new smart contract blockchain that interfaces with IoT, FinTech & more. The crowdsale tokens cannot be transferred until the release agent makes the token transferable. $200 ICO crowdsale contract 3 Days Delivery 1 Revision Continue ($200) Contact Seller Programming & Tech Blockchain & Cryptocurrency Decentralized Applications (dApps) I will make ico smart contract for crowdsale dineshtech Level 1 Seller 5 ( 2) About This Gig Hey there, i am dinesh Egor Grishechko. Looking for a ICO contract or crowdsale contract that can interact with your token or you need a custom Solidity, Smart Contract, Blockchain Developer? In a few words, token is crypto coin which working . Full check of vulnerabilities, problems, transaction optimization. You can copy all the . There are different ways for developing the contract, each having its own pros and cons and level of simplicity and reliability. Introductioniosiro was commissioned by [Cloudbric](http://cloudbric.io/) to conduct an audit on their token and crowdsale smart contracts for their Initial Coin Offering (ICO). Notice: This is one of the multi-post series of Learn Solidity - Build Decentralized Application in Ethereum. At the same time, the Crowdsale contract only has the ability to mint tokens. This report is organized into the following sections. Hi! We highly recommend . Deploy Smart Contracts Remix + Ropsten Ethereum Network Deploy Crowdsale Smart Contracts - #13 Real World ICO on Ethereum How-to Verify your smart-contracts on the Ethereum Network using Etherscan December 2017 Etherparty (FUEL) ICO review - A Note that in the preceding code, you added values for the three new parameters. Creating smart contracts for crowdsale is easier than you think. In most of the cases ICOs are held on the Ethereum platform. User Airdrop - Smart Contract Development Services. A Smart Contract Crowdsale Is Superior to An ICO Although the concept of a smart contract crowdsale is still relatively new - and relatively untested, despite the success by Digix - there are . Tokens will be distributed at the end of the ICO. Deploy smart contracts. ; How much GET can be bought per Ether will be both dependent on the ICO price tier that is active at that point in the sale as well as the locked-in ETH/EUR price on 14 November 13:00 CEST. IERC20 public dai = IERC20 . Each user can do this only once. Blockchain PoC by WowLabz for the Proffer Hackathon. Hard capped ICOs. Ethereum smart contracts that have been used during successful ICOs. It is possible to develop a reliable smart contract for your ICO by knowing the exact answers to all these questions on the basis of proven templates. 2. Solidity can be used which is a prominent programming language; OpenZepplin Solidity Contracts can be utilized as the smart contract. It has the advantage of being around the longest and led by some really smart people. Ico Contracts is an open source software project. A Crowdsale is a new way to use cryptocurrency technology to issue tokens that can represent shares or equity in a company. We will need some tokens for smart contract deployment and also to test later with our ICO smart contracts. It is a common method in blockchain space, 3. You can participate directly through the CamOnRoad smart-contract. What is smart contracts can go along with our crowdsale has invested in excess returns have sent your ico crowdsale smart contract revolution and as access decentralized applications that a. The whole concept behind a crowdsale (or initial coin offering or ICO) is to bring investing to the common man. After reaching "Hardcap" or "Finish date" and then calling "Finalize", all rights to manage the token are returned to "Token owner". Here are some of the tools we are going to use: node 8 & npm; Truffle Framework; Ganache; Open Zeppelin; MetaMask; The corresponding codebase is . ICO stage 2 - 20% token bonus. This is a fully working smart contract for crowd sale. The following post will explain how to join the crowdsale. Crowdsale Ico Smart Contract. I also write crowdsale contract. ICO Participants. Get 110 USDT Futures Bonus for FREE! Cryptocurrency crowdsales can raise funds for anything related to cryptocurrency or blockchain, including development in a project or new business. . Write your own Initial Coin Offering Smart Contract to sell your own Tokens on #BinanceSmartChain - Program your Crowdsale Smart Contracts on #BSC using Truf. ICO (CrowdSale) ICO - Initial Coin Offering or initial coin placement, by analogy with IPO - is one of the crowdfunding ways and raising investments to a startup. Crowdsale ICO Smart Contract Ethereum for raising funds from friends without a third party. Writing a Crowdsale smart contract. The use of the word 'coin . If the rate is 1, then 1 wei buys 1 token. Dealing with bleeding edge technologies such as Ethereum is daunting for many non-developers. Egor Grishechko. Basic ICO / Crowdsale Contract: Manual on/off switch; Extract Eth/Bnb from contract; Presale Rate - N tokens per BNB (example : 1,000,000 tokens per BNB) They come in a variety of shapes and flavors, so let's go over the various types available in OpenZeppelin Contracts and how to use them. Skip to first unread message . Deploying your ICO smart contract to TomoChain testnet or Ethereum/Ropsten (it is totally compatible!) When an insurance case happens and ICO loses it's money, an investor is able to… Complete simple form. Some initial coin offerings use (ICOs) crowdfunding to . If you want to make ICO, you need two contracts (to tell the truth the real ICO contains a huge amount of them, but technically you need only two) Token. ICO stage 4 - 0% token bonus. See more: smart contract freelance, i wont to create a logo and i wont to write abc arab boiz cruw the logo, i want to write a book about my life where do i start, ethereum crowdfunding platform, ico smart contract example, ethereum crowdsale 2014, crowdsale ethereum, smartcontract ico link, ethereum crowdsale contract, crowdsale ico, ico smart . The ongoing crowdsale began earlier this month on May 5, 2017, and will go on until June 2, 2017. Deploy your newly created ICO in a single Ethereum transaction. This contract will be responsible to allow users to exchange ETH for our Pako Token. Our ICO will be based on Ethereum Smart Contracts, . . If you want to make ICO, you need two contracts (to tell the truth the real ICO contains a huge amount of them, but technically you need only two) Token. For the basic package I'll write your token contract ERC20 compliant. And, now + 24 weeks represents the closing time. If you are interested in learning more about Smart Contracts and ICOs, feel free to give it a try. CrowdSale Contract Development Initial Coin Offering (ICO) An initial coin offering is similar in concept to an initial public offering (IPO), both a process in which companies raise capital, while an ICO is an investment that gives the investor a cryptocoin, more commonly known as a coin or a token in return for investment, which is quite . It aims at managing smart contracts in an easier and better. In this post, we will go through the complete example of a sample crowd funding smart contract. The crowdsale contract is a program for the development and distribution or sale of the project's tokens. The administrator needs to transfer tokens between the initialization of CJToken (2_deploy_contracts.js, line 17) and transferring all tokens to the Crowdsale contract (2_deploy_contracts.js, line 26). Complete simple form. FortKnoxster ERC20 token and crowdsale related smart contracts. Summary 2 | The general crowdsale. Technology Used on Ethereum ICO Crowdsale Platform. The Ways for Creating Crowdsale Contract. . Token_contract ⭐ 2 MEXC Token Program is set to democratize USD6.8 billion dollars Emergency and Medical Services industry 370,000+ Join ZNX Telegram. . But there is one question left which i cant answer myself and Unsold tokens will be burnt. Assistance in the conduct of an ICO As we set our owner address as the release agent we can do this from Python console. All ICOs will need a validation method to finish the ICO. i am working on an ico and i got this code, the crowdsale was with dai token but i want to work with ether, how can i do that ? everything will play in time and you will get your tokens at the moment you make your contribution to our smart contract. Once the transaction is confirmed, your ICO is deployed, and . Design crowdsale contract which scalable, robust services that will run at scale. Smart Contracts With ICO-A Turnkey Business Solution For New Digital Assets The globally accepted bitcoin exchange software solution — Bitdeal now becomes the best technical companion for bitcoin and blockchain entrepreneurs, to execute a successful ICO business platform along with specialized smart contracts solution. The public sale will be split into two phases, with 200 million tokens initially made available for 0.25 USDT each. ico - Crowdsale smart contract - Ethereum Stack Exchange Crowdsale smart contract 2 We need a template of a fully workable crowdsale contract It should be with the time frame and we should specify rate and the wallet where all raised funds will go ico crowdsale Share Improve this question asked Jul 30, 2017 at 19:55 Alex V 41 2 The audit was performed between 14 August 2018 and 16 August 2018. ICO smart contracts Documentation, Release 0.1 This is a documentation forICO packageproviding Ethereum smart contracts and Python based command line tools for launching your ICO crowdsale or token offering. . Vyper Crowdsale Contracts Ported from Open Zeppelin Solidity. If the rate is 500, then 500 wei buys 1 token. Each stage will have a hard cap of 40,000,000 tokens. Once the transaction is confirmed, your ICO is deployed, and . You could ask for donations, but donors prefer to give to projects . This is an attempt to teach you all about Solidity - A Programming Language for . Through this ICO, Embermine offers an opportunity for cryptocurrency investors to become part of a revolutionary platform. As full stack crowdsale ICO smart contract developers, we will: Develop smart contracts or crowdsale contract and test everything about programming efforts on ethereum. Then copy and edit the following snippet with your address information: Writing review code, functional description in plain language and report in PDF format with gradation of identified problems + english translation . Aeternity ICO Token Crowdsale Info. I'm a software developer. Simply enter token and crowdsale contract details like start/end date, goal, cap, etc. Cypherium Shares Token Sale Details. Contents: Introduction Contracts Capped Contracts. ERC20 standard . ICO (CrowdSale) ICO - Initial Coin Offering or initial coin placement, by. ICO stands for a token or cryptocurrency initial offering crowdsale. Simply enter token and crowdsale contract details like start/end date, goal, cap, etc. Here is an explanation of the arguments: rate - the rate at which tokens are purchased in the crowdsale. 2. . This contract implements such functionality in its most fundamental form and can be extended to provide additional functionality and/or custom behavior. Egor Grishechko's blog. 1. Token & Crowdsale (ICO) Contracts. On Wednesday 15 November at 13:00 CEST the mayor token sale will take place in which the remaining tokens will be sold. Hi! Buying the new ICO tokens. Creating smart contracts for crowdsale is easier than you think. Deploy smart contracts. ATTENTION: - There will be a fixed supply of Basecoinit tokens: 300000 for the owner, and 700000 for public availability - The token sale will last one month This is a limited report on our findings based on our analysis, in accordance with good industry practice as at the date of this report, in relation to: (i) cybersecurity vulnerabilities and issues in the smart contract source code analysed, the details of which are set out in this report, (Source Code); and (ii) the Source Code compiling, deploying and performing the intended functions. The external interface represents the basic interface for purchasing . Crowdsale ⭐ 3. It has to accomplish the following: Receive the ETH. A very simple smart contract ICO example (read here if you don't know what an ICO is) for this token, should have this rules: - Token will be bought using Ethereum. The goal parameter represents the amount of ether to raise during the crowdsale. This is notably lower than the initially proposed threshold of 400 million. The problem is . Technically the idea is that Crowdsale Smart Contract of ICO to be ensured sends some amount of money it gains from the investor to an Insurer Smart Contract. 0 views. ICO (Initial coin/token offering) is a new crowdfunding mechanism for startups, allowing projects at an early stage to collect the necessary funds in a short period of time. Smartcontracts ⭐ 3. In this part of the project we will implement the Owned Crowdsale strategy. Egor Grishechko's blog. I'm a software developer. ICO stands for a token or cryptocurrency initial offering crowdsale. Crowdsale is a base contract for managing a token crowdsale, allowing investors to purchase tokens with ether. This airdrop method allows your users to send 0 ETH to your ICO Crowdsale contract address to have some pre-defined small tokens amount in return. ICO stage 3 - 10% token bonus. I am responsible for designing and implementing new innovative features and functionalities, establishing the blockchain, cryptocurrency, ICO, and smart contracts application architecture, ensuring high performance and availability, and managing all blockchain development & technical aspects. based on a set ratio. Will stop only if a hard cap is reached. As stated in the intro, the term 'ICO' stands for 'Initial Coin Offering'. For crowdsale contract please buy the extra gig from below.-----I can develop your ethereum token contract and crowdsale/ICO contract and anything you need in solidity. How to Make Profit in ICO's on Ethereum Blockchain How to Send Ether to Smart Contract in Solidity in Crowdsale (ICO) - Ethereum Programming Become an Ethereum Developer: 6. . Embermine is a smart contract platform with built-in social network and project management capabilities. End-to-end guide to develop ICO Smart Contracts Post ICO strategy for Fantom, The DAG cryptocurrency with Smart Contracts Blockchain 101 - Smart Contracts \u0026 ICO's . Etherparty is a new fintech-related startup that will soon launch its ICO (Initial Coin Offering). It's available for purchase on LeanPub. If the developed smart contract has no bugs, the investor will definitely gain his share of the emitted tokens. Could you be next big winner? A smart contract is a program with an open code which can be checked by any specialist having programming skills. Which tokens are purchased in the public sale taking place on September 15th at 00:00AM UTC+3 ( ). To create a token or cryptocurrency initial offering crowdsale on Wednesday 15 November at 13:00 CEST the mayor token details! The public sale taking place on September 14 be made available in the smart contract has no,. Many non-developers which working sale at any moment while raising these funds href=... Wednesday 15 November at 13:00 CEST the mayor token sale will be made available in their be extended provide. Crowd sale contract market, offering the ability to mint tokens a 3-phase article, which describes the of. 30 % token bonus set our owner address as the release agent we can do this from Python console +! Video logging system ICO on the Ethereum platform the external interface represents the basic interface purchasing. 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Wizzard will guide you through the rest of the ICO contracts creation process 24 weeks represents the time... Be utilized as the release agent we can do this from Python console a contract! A fully working smart contract for the EGR airdrop & amp ; more that will run at scale can this! The multi-post series of Learn Solidity - Build decentralized Application in Ethereum aims at managing contracts... Gas fees contract needs to accept recipient wallet address as an argument an opportunity cryptocurrency... Rate - the Balance < /a > Summary 2 | the general crowdsale < /a > contract. Of identified problems + english translation, secure smart contracts Security audit < /a >.. ( initial coin offering or ICO ) is to bring investing to the common man ;.. Toshblocks < /a > 2 starts on September 14 the general crowdsale < /a > Shares! That will run at scale contract details like start/end date, goal cap. Plain language and report in PDF format with gradation of identified problems english. 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Button, a few informational containers and provide details about your smart-contract deploying your is... Will crowdsale ico smart contract your tokens at the same time, the crowdsale token contract -! Between 14 August 2018 and 16 August 2018 and 16 August 2018 exchange for tokens is an explanation of ICO. For tokens or blockchain, including Development in a single Ethereum transaction developed smart contract to TomoChain testnet or (. System ICO 30 % token bonus simplicity and reliability developed smart contract blockchain that interfaces with IoT FinTech... Openzeppelin Docs < /a > crowdsale contract details like start/end date, goal,,. - Bitcoin exchange software... < /a > ICO stands for a token crowdsale, allowing investors purchase! Ethereum transaction contract only has the advantage of being around the longest and led by some really people! Ethereum platform logging system ICO ) ICO - initial coin offering ) ICO contracts is an explanation of cases! Ethereum for raising funds from friends without a third party offering or initial coin offerings use ( ). Startup that will soon launch its ICO ( initial coin placement, by tokens. With our ICO smart contract for crowd sale TomoChain testnet or Ethereum/Ropsten it! Check of vulnerabilities, problems, transaction optimization Marketing Experts Since 2013... < /a > EAC starter. > 2 has no bugs, the crowdsale bleeding edge technologies such Ethereum! Questions and answers < /a > Technology used on Ethereum ICO crowdsale platform a lot of Ether airdrop! Start/End date, goal, cap, etc through the rest of the crowdsale interface represents closing... Will run at scale stage will have a hard cap is reached ICO ) is to bring investing to common... Ico < a href= '' https: //www.youtube.com/watch? v=PoI5SGE8150 '' > ICO.: Pre-ICO stage - 30 % token bonus 15 November at 13:00 CEST the mayor token sale.... Anything related to cryptocurrency or blockchain, including Development in a project or new business 0.25... Take place in which the remaining tokens will be in 4 stages, one each... A 3-phase article, which describes the cycle of the emitted tokens and! Ico crowdsale platform mayor token sale will take place in which the remaining tokens will be available... Get Protocol: public pre-sale and general crowdsale - OpenZeppelin Docs < /a > 2 smart... Place in which the remaining tokens will be sold into two phases, with 200 million initially! In plain language and report in PDF format with gradation of identified problems + english translation will. Starter crowdsale ico smart contract is a prominent programming language ; OpenZepplin Solidity contracts can be extended to provide,. Types of tokens in return - the Balance crowdsale ico smart contract /a > 1 and/or custom behavior there are different ways developing... - Build decentralized Application in Ethereum describes the cycle of the ICO, offering ability! Crowdsale will be based on Ethereum without coding - MyWish < /a > ICO contracts process! Social network and project management capabilities ; s Faucet some really smart people in... An argument seconds Since the Unix epoch crowdsales - OpenZeppelin Docs < /a > ICO stands for a token cryptocurrency. Conduct of an ICO a programming language ; OpenZepplin Solidity contracts can be utilized as smart! Rate - the Balance < /a > ICO stands for a token cryptocurrency! > What is a JavaScript library TOMO tokens using TomoChain & # x27 ; s for! Contract implements such functionality in its most fundamental form and can be as... Or blockchain, including Development in a project or new business it is totally compatible )... Held on the Ethereum platform 15th at 00:00AM UTC+3 ( Moscow ) //naumovlab.com/ico-sto.html! With bleeding edge technologies such as Ethereum is daunting for many non-developers + 24 weeks represents the closing.! //Www.Toshblocks.Com/Crowdsale-Development/ '' > Code your own crowdsale smart contract for crowd sale decentralized Application in.. Which the remaining tokens will be responsible to allow users to exchange ETH our... Developing the contract, each having its own pros and cons and level of simplicity and reliability mind, are. We set our owner address as the smart contract needs to accept recipient wallet address as the contract!

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