How to buy W3C Tokens using Metamask

Posted By: Admin Published: 10/07/2017 Times Read: 909

Disclaimer: This is document is only meant to serve as a tool to guide you through the purchase of W3C tokens. We are not responsible for any loss and cannot guarantee that the services listed below will work as intended.

Prerequisites:

To follow this guide, you will need:

  1. To have downloaded the Chrome Browser and the MetaMask extension. It can be found here: https://metamask.io
  2. Hold a certain amount of ether in the account that you control. ONLY ETHER WILL BE ACCEPTED FOR THE ICO. Do not send any other cryptocurrency to the addresses mentioned in this article

Getting Started

Step 1: Installing Metamask

To install Metamask, simply follow the installation instructions found on the webpage. And install the plugin for chrome.

Step 2: Add an account into Metamask

Click on the metamask icon on the top right of the chrome browser. There it will ask you to either create or enter your password. Make sure that the Ethereum Main Net network is selected (on the top left corner).

Step 3: Importing an Account

To import an account, simply click "≣" at the top right, choose "Import Account". You will need to input your raw private key into the "private" key field, or the typical JSON keystore file.

Step 4: Watching the Tokens

To be able to "watch" the W3C tokens contract and see all of its relevant information, we are going to need the address of the tokens contract which can be found on the W3C website.

Metamask has the ability to watch tokens. Click on the Tokens tab and then the "+" and then add the Token address.

Step 5: Getting Ether

To be able to participate in the ICO, you will need to hold some ether (ETH) in an account that you control.

You can buy ETH from different exchanges using a plethora of currencies. Note: just like in Bitcoin, there are transaction fees associated to every transaction. So sending 1 ether will not exactly give you back the amount of tokens that you expect, it will be slightly less.

WARNING: Do not send ether directly from an exchange. It is possible that you will lose all of those tokens. We suggest buying ether on exchanges, and sending that ether over to your own privately controlled account.

Step 6: Buying W3C Tokens

The ICO will be active from July 10th and will close 30 days from then. There is a limited supply of tokens for the ICO, the sale goes on a first come first serve basis. Before doing anything, please verify that you are currently in the crowdfund period.

To buy W3C tokens, all you will need to do is to send a transaction to the CrowdFund Contract address with a certain amount of ether from a contract you control. Send the contract with at least 200 000gas to make sure that the transaction goes through. We suggest sending the transaction with a reasonable gas price, around 3~4 Gwei.

To send a transaction to the contract, click on the Metamask plugin again.. On the window, click "Send".

W3C Token address: 0x4EcDc839fcFE8D80C69877acF692e6a65B364b38
Symbol: W3C
Decimals: 18

Then add the Crowndfund's address in the recipients field and the value you want to send.

Add the correct amount of gas (gas limit here) and gas price, and then click Submit.

The conversion rate for the ICO will be 1 ether = 50 000 W3C.

A few seconds after sending you transaction, you should see the tokens being listed on the account that sent the transaction.

 

That's it!

Thank you for participating in the W3C ICO.

Tags: #w3c #w3coin #w3coins #crowdsale #crowdfund #w3ctoken #sale #metamask #ethereum

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