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.
To follow this guide, you will need:
- To have downloaded the Mist Browser/Ethereum Wallet and have it fully synced to the network. You can find them here: https://github.com/ethereum/mist/releases . Make sure to download the one compatible with your computer OS and architecture.
- 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
Step 1: Installing Mist (Ethereum Wallet)
To install Mist, simply follow the installation instructions found on the github page.
Step 2: Syncing
Open Mist and let it sync with the Main(as opposed to testnet) network. This can take hours to days.
Step 3: Creating an Account
To create a new account, simply click "Add Account", and give it a secure password. You can also import an already existing account.
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.
Once you have the address, click on the "Contracts" on the top right of the wallet. Once in the contracts page, scroll down to "Watch Token" and click on it. You will be prompted to enter the address of the token, and upon entering, the other fields should automatically populate.
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 “Send Ether & Tokens” Tab on the navbar.
The conversion rate for the ICO will be 1 ether = 50 000 W3C.
To submit the transaction, enter the password associated with the account, and then click send. A few seconds after sending you transaction, you should see the tokens being listed on the account that sent the transaction.