Requirements

Usage requires Python 3.6+

Installation

Clone the repository and navigate into the project directory. Make a Python 3 virtual environment and activate it via

python3 -m venv venv
source venv/bin/activate

or to explicitly install Python 3.6 via

virtualenv -p /usr/local/bin/python3.6 venv
source venv/bin/activate

Then install the requirements via

pip install -r requirements.txt

Compilation

The template may be compiled as follows

python3 compile.py

Running contract

See Test README

How this is going to work

After the contract is deployed, the Spotcoin backend will force users to go through a KYC process through our site, and they will only be generated a deposit address that spotcoin manages after KYC. This address will be whitelisted in our contract via the tokensale_register method.

Upon contribution on our site via USD, BTC, ETH, GAS, etc., we will call the airdrop function to reserve X amount of SPOT tokens for that address given the current market rates, which are calculated on our backend.

The contract will ensure that this happens within the ICO period and the user is limited to getting a maximum of 1 million SPOT.

The reached_softcap function can be called to see if the soft-cap of 6 million tokens has been reached.

After the ICO period has ended, we (the contract owner) will call mint_team - which will create team tokens, in order to maintain the 2-1 ratio of public-to-team tokens.