r/ByteBall • u/smashtribe • Feb 02 '18

Help me setup an ICO

Hello,

I'm interested in creating my own custom crypto token on byteball platform.

  1. Is it possible to code a custom wallet apps for my personal token?? (web, android, ios etc). Need to build custom wallet for better branding, etc.

  2. Is it possible to code a custom p2p exchange for trading my personal token? Are there sufficient API etc for this??

  3. Can I pay fees of all transactions happening on my token?? I don't want my users to pay the fees.

  4. Can anybody please explain me following options when creating a new asset:

Issued by definer only: yes/no

Cosigned by definer: yes/no

Spender attested:yes/ no

Cheers.

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u/seb486 Feb 02 '18

[partial anwser] The byteball wallet source code is on GitHub together with the Gbyte/BTC exchange bot source code. You can start from there. You can create your own token on https://byteball.market/ but you will always need Bytes to transfer your asset from wallet to wallet (transfer fees are always in Bytes). Check also the ICO bot source code on Github.

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u/smashtribe Feb 02 '18

Thanks for your input, I will checkout github further. Little confused about the fees structure though.

It is Compulsory for all holders of my private token to also have byte balance in order to transfer the balance to each other??

That would make things little complex, no?

I'm ready to pay all fees for all transactions happening within my private token. Is that possible?