{"id":1502,"date":"2024-01-10T11:50:23","date_gmt":"2024-01-10T09:50:23","guid":{"rendered":"https:\/\/www.bitbond.com\/?p=1502"},"modified":"2024-01-10T14:53:28","modified_gmt":"2024-01-10T12:53:28","slug":"how-to-create-a-token-presale","status":"publish","type":"post","link":"https:\/\/www.bitbond.com\/resources\/how-to-create-a-token-presale\/","title":{"rendered":"How-to Create &#038; Launch a Token Presale in Minutes"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div>\n<div class=\"wp-block-rank-math-toc-block\" id=\"rank-math-toc\" id=\"rank-math-toc\"><h2>Table of Contents<\/h2><nav><ul><li ><a href=\"#step-by-step-guide-to-easily-create-a-token-presale\">Step-by-step guide to easily create a token presale<\/a><ul><li ><a href=\"#manage-token-presale-with-token-tool\">Manage Token Presale with Token Tool<\/a><\/li><li ><a href=\"#token-tool-bares-you-from-unnecessary-hassles\">Token Tool bares you from unnecessary hassles<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n\n\n\n<p>In the world of <a href=\"https:\/\/www.bitbond.com\/resources\/blockchain-as-a-database\/\" data-type=\"post\" data-id=\"810\">blockchain technology<\/a>, token presales have emerged as a powerful tool for raising funds for new projects. However, creating and managing a token presale can be a complex and time-consuming process. It also proves to be quite costly to program the smart contracts required. That&#8217;s where <a href=\"https:\/\/tokentool.bitbond.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Token Tool<\/a> comes in. With its easy-to-use interface and comprehensive features, Token Tool makes it simple for anyone to create and manage successful token presales.<\/p>\n\n\n\n<p>In this guide, we will provide a step-by-step overview of how to use Token Tool to create and manage your token presale. We will cover everything from setting up your token presale parameters to receiving investments and managing your token supply.<\/p>\n\n\n\n<p>Benefits of using Bitbond Token Tool to create your token sale are:<\/p>\n\n\n\n<ul>\n<li>Ease of use<strong>:<\/strong> Token Tool is designed for non-technical users,&nbsp;making it easy to get started even if you have no experience with blockchain technology.<\/li>\n\n\n\n<li><strong>Complete features:<\/strong> Token Tool provides all the tools you need to create and manage a successful token presales,&nbsp;including the ability to set up investor whitelists,&nbsp;manage withdrawals,&nbsp;and receive investments directly from your website.<\/li>\n\n\n\n<li><strong>Security:<\/strong>&nbsp;<a href=\"https:\/\/skynet.certik.com\/projects\/bitbond\" target=\"_blank\" rel=\"noreferrer noopener\">Token Tool smart contracts are audited by CertiK<\/a>, a leading auditor in the industry. It also provides its users with secure and simple manner to deploy smart contracts.<\/li>\n<\/ul>\n\n\n\n<p>If you are looking for a way to raise funds for your new project, Token Tool is the perfect solution. With its easy-to-use interface, comprehensive features, and secure infrastructure, Token Tool can help you create and manage a successful token presale in no time and for a cost-effective price.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-1 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-vivid-cyan-blue-background-color has-background wp-element-button\" href=\"https:\/\/tokentool.bitbond.com\/createtokensale\/ethereum\/?utm_source=bitbond&amp;utm_medium=button&amp;utm_term=token_presale&amp;utm_content=&amp;utm_campaign=blog_button_top\" target=\"_blank\" rel=\"noreferrer noopener\">Create Token Presale<\/a><\/div>\n<\/div>\n\n\n\n<h1 class=\"wp-block-heading\" id=\"step-by-step-guide-to-easily-create-a-token-presale\">Step-by-step guide to easily create a token presale<\/h1>\n\n\n\n<p>How can you kick your token presale easily and without paying hefty development costs? Token Tool enables you to easily create a token presale via an intuitive user interface. You can watch our demo video or follow the steps described below:<\/p>\n\n\n\n<figure class=\"wp-block-embed aligncenter is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Easily Launch Token Presales - The Ultimate Solution to Boost your Web3 Project\" width=\"1080\" height=\"608\" src=\"https:\/\/www.youtube.com\/embed\/hUxWV9b4Vi8?feature=oembed\"  allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"step-1-select-your-token-for-the-token-presale\">Step 1: Select your token for the token presale<\/h3>\n\n\n\n<p>To create a token presale, you first need to create your own token via the <a href=\"https:\/\/tokentool.bitbond.com\/create-token\/erc20-token\/ethereum\" target=\"_blank\" rel=\"noreferrer noopener\">create token<\/a> function. This is the guide to help you in <a href=\"https:\/\/www.bitbond.com\/resources\/create-token-in-5-minutes-using-token-tool\/\" target=\"_blank\" rel=\"noreferrer noopener\">creating tokens<\/a> using Token Tool. Once you have created your token, you will need to start <a href=\"https:\/\/tokentool.bitbond.com\/createtokensale\/ethereum\" target=\"_blank\" rel=\"noreferrer noopener\">creating your token presale<\/a> by defining the parameters for your token offering.<\/p>\n\n\n\n<p>In the sidebar menu on the left, click on \u201c<a href=\"https:\/\/tokentool.bitbond.com\/createtokensale\/ethereum\" target=\"_blank\" rel=\"noreferrer noopener\">Create Token Sale<\/a>\u201d.As a next step, choose the network on which you wish to create the token presale (<strong>Note<\/strong>: the network should be the same as the one the token was created on).<\/p>\n\n\n\n<p>Now enter the token contract address in the token address field and then click continue.&nbsp;You will also see a drop down menu with all available tokens in your wallet alongside their contract address. Simply choose the token in question and click continue.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter is-resized\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/urEovRR0CMVqkZxMKF09nMAQbP57_t7jLQ7RjwAUcW1kRgFd_Xxt1Yc9UshlDfMi9NrNJO9UfT4uSwyVu7J7K0tVGk99Pv_4KlbDlI79sxHTQwCXVjuGnlA5ngTmeE4-92RqPaqA48XxjyEC2g\" alt=\"View of the Create Token Presale Dashboard\" style=\"width:644px;height:auto\"\/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"step-2-configure-your-token-presale\">Step 2: Configure your token presale<\/h3>\n\n\n\n<p>You will now be redirected to the create <a href=\"https:\/\/tokentool.bitbond.com\/createtokensale\/ethereum\" target=\"_blank\" rel=\"noreferrer noopener\">token presale<\/a> parameter configuration page.<\/p>\n\n\n\n<p>Start by selecting payment token you wish to receive investments in and then set the token price denominated in the currency of choice (e.g. ETH or USDT), followed by the <a href=\"https:\/\/tokentool.bitbond.com\/createtokensale\/ethereum\" target=\"_blank\" rel=\"noreferrer noopener\">token presale<\/a> amount caps.&nbsp;<\/p>\n\n\n\n<p>(<strong>Note<\/strong>: only enter whole numbers. Soft cap must be at least 50% of hard cap. If the soft cap is not reached at the end of the token presale, funds can be claimed back by the investors).<\/p>\n\n\n\n<p>The \u201cNumbers of token on sale\u201d value is calculated by price per token in the currency of choice times the hard cap in the currency of choice.<\/p>\n\n\n\n<p><strong>Example<\/strong>:&nbsp;<\/p>\n\n\n\n<p>If 1 USDC = 100 BTD with a hard cap of 10 USDC&nbsp; \u2192 Number of tokens on sale = 1000 BTD<\/p>\n\n\n\n<p><strong>Note: <\/strong>It is also possible to accept any other custom tokens such as stablecoins as means of payment for investments. It doesn\u2019t&nbsp; have to be the native cryptocurrency of the network on which the tokens are issued.<\/p>\n\n\n\n<p>This can be helpful in order to accept payments with assets that are not subject to volatile exchange rates, decreasing the risk. However, the custom tokens or stablecoin must be running on the same network as the token sale.<\/p>\n\n\n\n<p>Of course, you don&#8217;t have to choose a stablecoin, any other custom token works as well, just make sure you choose a token that is accessible to investors. If you do not choose the native cryptocurrency of the selected blockchain but a custom payment token, you will need to specify the payment token via its <strong>token contract address <\/strong>of the designated network.<\/p>\n\n\n\n<p><strong>Example:<\/strong><\/p>\n\n\n\n<ul>\n<li>Contract address for <strong>USDT<\/strong> would be:\n<ul>\n<li>Ethereum: <a href=\"https:\/\/etherscan.io\/token\/0xdac17f958d2ee523a2206206994597c13d831ec7\" target=\"_blank\" rel=\"noopener\">0xdAC17F958D2ee523a2206206994597C13D831ec7<\/a><\/li>\n\n\n\n<li>Polygon: <a href=\"https:\/\/polygonscan.com\/address\/0xc2132d05d31c914a87c6611c10748aeb04b58e8f\" target=\"_blank\" rel=\"noopener\">0xc2132D05D31c914a87C6611C10748AEb04B58e8F<\/a><\/li>\n\n\n\n<li>Avalanche: <a href=\"https:\/\/snowtrace.io\/token\/0xc7198437980c041c805a1edcba50c1ce5db95118\" target=\"_blank\" rel=\"noopener\">0xc7198437980c041c805A1EDcbA50c1Ce5db95118<\/a><\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Contract address for <strong>DAI<\/strong> would be:\n<ul>\n<li>Ethereum: <a href=\"https:\/\/etherscan.io\/token\/0x6b175474e89094c44da98b954eedeac495271d0f\" target=\"_blank\" rel=\"noopener\">0x6B175474E89094C44Da98b954EedeAC495271d0F<\/a><\/li>\n\n\n\n<li>Polygon: <a href=\"https:\/\/polygonscan.com\/token\/0x8f3cf7ad23cd3cadbd9735aff958023239c6a063\" target=\"_blank\" rel=\"noopener\">0x8f3Cf7ad23Cd3CaDbD9735AFf958023239c6A063<\/a><\/li>\n\n\n\n<li>Avalanche: <a href=\"https:\/\/avascan.info\/blockchain\/c\/address\/0xba7deebbfc5fa1100fb055a87773e1e99cd3507a\" target=\"_blank\" rel=\"noopener\">0xbA7dEebBFC5fA1100Fb055a87773e1E99Cd3507a<\/a><\/li>\n\n\n\n<li>Binance: <a href=\"https:\/\/bscscan.com\/address\/0x1af3f329e8be154074d8769d1ffa4ee058b1dbc3\" target=\"_blank\" rel=\"noopener\">0x1AF3F329e8BE154074D8769D1FFa4eE058B1DBc3<\/a><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"483\" src=\"https:\/\/www.bitbond.com\/wp-content\/uploads\/2022\/05\/Token-Presale-Parameters-1024x483.png\" alt=\"View of the Create Token Presale Parameters for selecting payment token, setting up token price and token sale raised amount caps\" class=\"wp-image-1509\" style=\"width:693px;height:auto\" srcset=\"https:\/\/www.bitbond.com\/wp-content\/uploads\/2022\/05\/Token-Presale-Parameters-980x463.png 980w, https:\/\/www.bitbond.com\/wp-content\/uploads\/2022\/05\/Token-Presale-Parameters-480x227.png 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/><\/figure>\n\n\n\n<p>Now set the investment amount limits per investor (Note: these are the minimum and maximum amounts each wallet address can invest. Set to 0 for no limit)<\/p>\n\n\n\n<p>After that, set the token presale start time and the token sale duration. (YYYY-MM-DD HH:MM:SS)<\/p>\n\n\n\n<p><strong>Example:<\/strong><\/p>\n\n\n\n<p>If token sale start time = 01.01.2022 at 12:00:00 and the token sale duration is 30 days \u2192 Token sale end time = 31.01.2022 at 12:00:00<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter is-resized\"><img decoding=\"async\" src=\"https:\/\/lh5.googleusercontent.com\/bYMEiZw1HPGJE-N6-BtZF6aLBrpZERqWpI4vgK71MkGculOJ5NiMpaG_bPm45sR3QYZ5A5ANoSe7_DlofgAkz9Ke7YVvwo2UbEMIhYxvyggN4Y1MDLTF7Ti81OQ30k9JI9qSw4Cs3tq4bFUM3g\" alt=\"View of the Create Token Presale paramaters for setting up investment amounts and token sale duration\" style=\"width:643px;height:auto\"\/><\/figure>\n\n\n\n<p>If the offering required funds to be locked for a specific amount of time before being claimed, you should enter the number of lock days under \u201clock duration in days\u201d.&nbsp;<\/p>\n\n\n\n<p>This will lock the funds for the duration entered, preventing investors from claiming funds after the end of the token sale period. If a lock time doesn\u2019t apply, set the number of days to \u201c0\u201d.<\/p>\n\n\n\n<p>The \u201cToken claim time\u201d date is equal to the token sale end time plus the amount of lock days that has been entered.<\/p>\n\n\n\n<p><strong>Example:<\/strong><\/p>\n\n\n\n<p>If token lock duration in days = 15 days and token sale end time = 31.01.2022 at 12:00 \u2192 Token claim time = 15.02.2022 at 12:00<\/p>\n\n\n\n<p><strong>Set investor whitelisting<\/strong><\/p>\n\n\n\n<p>Now choose whether you want to whitelist investors or not<\/p>\n\n\n\n<p>A <a href=\"https:\/\/tokentool.bitbond.com\/createtokensale\/ethereum\" target=\"_blank\" rel=\"noreferrer noopener\">token presale<\/a> is sometimes limited to specific investors, if this applies then select \u00a8Only whitelisted addresses can invest\u201d in the \u201c<strong>Set Investor whitelist\u201d <\/strong>section. When you select this option, an investor can only invest from an address that you whitelisted previously. This option is suitable for token sales where investor KYC is necessary for example for regulatory reasons such as in a Security Token Offering (STO) or when you want to know who your investors are. The whitelisting of addresses is done under the Manage Token Sale functionality (see below in this guide for details).<\/p>\n\n\n\n<p>If the whitelisting limitation doesn\u2019t apply and the offering is available to all investors, set the option to \u201c<strong>every address can invest<\/strong>\u201d. This option is only suitable for unregulated token sales such as Initial Coin Offerings (ICO).<\/p>\n\n\n\n<p>In the case an investor whitelist has been set, issuers will require a user interface to onboard investors, it will consist of collecting necessary contact information of investors and performing KYC on their profiles. Meaning an onboarding will be needed for every address via some kind of investor UI. However, in the case of no whitelisting, then any address can invest.<\/p>\n\n\n\n<p><strong>Set token sale owner<\/strong><\/p>\n\n\n\n<p>Lastly, set the token sale owner, this allows you to choose the owner of the token sale, so in other terms the issuer of the offering. To select the owner, enter the owner\u2019s address in the \u201c<strong>Token sale owner address<\/strong>\u201d field.<\/p>\n\n\n\n<p>Now click on \u201c<strong>Continue<\/strong>\u201d at the bottom of the page.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter is-resized\"><img decoding=\"async\" src=\"https:\/\/lh4.googleusercontent.com\/ZnY3PAqmZki8syWdkOJtm4MVs_zB4K4hyAyldTaeeHKEscdEKQJVoCm904yRROhcIhWMezc3JuIo6xqNIwfogKzp1jHcgKF-NT7yijSyPYk5OyGY8FPZ1NoINvdP5_KQ9mpwn0MtW_2gL1fd5Q\" alt=\"View of the Create Token Presale parameters  for setting up investor whitelisting and token sale owner\" style=\"width:656px;height:auto\"\/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"step-3-review-token-pesale\">Step 3: Review token pesale<\/h3>\n\n\n\n<p>Congratulations, you are now a step closer to completing your token presale. Once you go through all the steps in the \u201c<strong>Configure your token sale<\/strong>\u201d section, you will be redirected to the \u201creview token sale\u201d page.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter is-resized\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/4e7rT3Yfm0aN7wV6rS0bIs-hbJk-Pw2Ds8dBxyCLBGaou6WKdxO7tNsy8PmMMJGj1Kz6JjGLkBkN2hpgWyv4BwTBLyiXkdd6JvTVd52PkHsbyDl1dIl-a3_LC_9s97DgcYIJbxNRX4osCraP8w\" alt=\"View of the Create Token Presale for reiewing set up paramaters\" style=\"width:592px;height:auto\"\/><\/figure>\n\n\n\n<p>In this section, make sure that all filled information for the token presale is correct and accurate. It is important that you do this process carefully as modifying parameters will require you to edit them and pay for a new transaction for the edit to be implemented.<\/p>\n\n\n\n<p>Once all information submitted is reviewed thoroughly and confirmed, click on \u201c<strong>create sale<\/strong>\u201d (Note: make sure your wallet is connected to the right network).<\/p>\n\n\n\n<p><a href=\"https:\/\/tokentool.bitbond.com\/pricing\" target=\"_blank\" rel=\"noreferrer noopener\">Service fees<\/a> + network fees will apply accordingly.&nbsp;<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-2 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-vivid-cyan-blue-background-color has-background wp-element-button\" href=\"https:\/\/tokentool.bitbond.com\/createtokensale\/ethereum\/?utm_source=bitbond&amp;utm_medium=button&amp;utm_term=token_presale&amp;utm_content=&amp;utm_campaign=blog_button_middle\" target=\"_blank\" rel=\"noreferrer noopener\">Create Token Presale<\/a><\/div>\n<\/div>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"step-4-create-token-presale\">Step 4: Create token presale<\/h3>\n\n\n\n<p>Now that the transaction is confirmed in your wallet and processed by the network, a modal will appear confirming that your token sale has been created successfully. In it you will find the Token Sale Contract address and the Token sale link which you can share.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter is-resized\"><img decoding=\"async\" src=\"https:\/\/lh5.googleusercontent.com\/ZJG8zGkjJEK16Eoi9qtzpunMz5g-xyoaosoBbHYSOVZhVk-JaRnb76tA3AktFk98clYdErsC4M6qlhaY_aAgk_6bLoSoU2Wcqgd_QI-lNv2n2uJYsaHVKwh1QowgSPPreQ4hjucWB7qk9TJKJw\" alt=\"Pop up modal when completing the token presale creation\" style=\"width:389px;height:auto\"\/><\/figure>\n\n\n\n<p>Voila! You have now successfully created a Token Sale using Bitbond\u2019s Token Tool. Your Token Sale will start according to the period you set. <\/p>\n\n\n\n<p><strong>Note <\/strong>that you must send the tokens to the token sale contract address prior to the start of the token sale. This can be done in the Manage Token Sale section, you must click approve. <\/p>\n\n\n\n<p>You can also go to the \u201c<a href=\"https:\/\/tokentool.bitbond.com\/managetokensale\/\" target=\"_blank\" rel=\"noreferrer noopener\">Manage Token Sale<\/a>\u201d function in order to take actions and edit parameters related to your token sale.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"manage-token-presale-with-token-tool\">Manage Token Presale with Token Tool<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"step-1-input-token-sale-contract-address\">Step 1: Input token sale contract address<\/h3>\n\n\n\n<p>To access the management function of your token sale, first you need to insert the contract address received upon creation of token sale.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter is-resized\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/pp-4FCGzaLtA2rv9wHBb9k0ELPD1AB3Hec5RFbJpiMYJbgfqj8z9oesvIcIVyh9OmrfzG0DzDYampXQ5b4yKPABy1vbQMn_jKCdMCTJ55ArY3N5gs5j8jei3q_UBdpXVC2uWDX46wHe2rzcMRQ\" alt=\"View of the Manage Token Presale Dashboard\" style=\"width:537px;height:auto\"\/><\/figure>\n\n\n\n<p>Once you fill in the address click on \u201ccontinue\u201d. You will be redirected to your token sale information page. At the top you will see information about your token sale according to how you set it up upon creation of the token sale.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter is-resized\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/7pj2glGi1zES9yBo3wJRKhnC7AwbbmYTZjpy0JZ3KYPMtstSjbchxe2ttTQvM_SUI6EnBlpPONKME6amrKO8tawPrEfP4VT1UFX6ctVdcgfQEgt8ytRDPIXoA2XMaIqdJpBIXTbeD2UaNB8qoQ\" alt=\"View of the Manage Token Presale Dashboard with token sale information displaed\" style=\"width:408px;height:auto\"\/><\/figure>\n\n\n\n<p>The HTML code that you find at the bottom of the <a href=\"https:\/\/tokentool.bitbond.com\/createtokensale\/ethereum\" target=\"_blank\" rel=\"noreferrer noopener\">token presale<\/a> information is for you to include as an iframe into your website. This enables investors and prospects to receive information about the token presale you\u2019re operating via your existing user interface. See \u00a8Step 7\u00a8 below for details on  setting up iFrame.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"step-2-review-edit-token-presale-parameters\">Step 2: Review &amp; edit token presale parameters<\/h3>\n\n\n\n<p>Under the <a href=\"https:\/\/tokentool.bitbond.com\/createtokensale\/ethereum\" target=\"_blank\" rel=\"noreferrer noopener\">token presale<\/a> information, you will find the general settings section:<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter is-resized\"><img decoding=\"async\" src=\"https:\/\/lh4.googleusercontent.com\/x-WRuybEkzPZ5SH7-kdUmS08-3Ui4Zg20TLR9Mjw3cgLRYcF1-reFti5MqDfYaJG5WGPwiWAlVX-ihDzcDxZzEoa7zNRLgsHwcL9m8gBZL1qEuZccnlReRUeAnh1AOxUkLQob0ejicyHKaUdkQ\" alt=\"View of the Token Sale Paramaters edit\" style=\"width:388px;height:auto\"\/><\/figure>\n\n\n\n<p>Here you can review and edit parameters related to your token presale.&nbsp;<\/p>\n\n\n\n<p><strong>Note: token presale parameters can only be edited up until 10 minutes before the start of the sale.<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"step-3-add-addresses-to-whitelist-investors\">Step 3: Add addresses to whitelist investors<\/h3>\n\n\n\n<p>In the case where your token presale can accept investment from whitelisted investors only, you will need to add the addresses of whitelisted investors:<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter is-resized\"><img decoding=\"async\" src=\"https:\/\/lh5.googleusercontent.com\/seTU-hBjg0Z4r6UZOpf3qtpFwm6DjQh2VviQ3CdbqQ-MCPrY4f3g5XoNdkkFiuG2_NAJC-iIdFliOoz8wDl0IyCZrvou3n8Gn5a13zHIW3Ve0dH4S0VPbxluivhXhtG-OTRzGF9-uuu6yqWJAA\" alt=\"Investor whitelisting section to upload addresses\" style=\"width:421px;height:auto\"\/><\/figure>\n\n\n\n<p>Click on \u201cAdd addresses\u201d. A pop window will appear where you can manually add addresses of whitelisted investors, or by uploading a file containing a list of the addresses:<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter is-resized\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/VgnoKyVQIggp6pheLi-fJv_Hw0ynBfSdgZLSG-6QTsxFfN5-kEwef9GKMSUZCfMkEJeMM9HqThiOK0R-zkjCRK73zl9l4ayvBFvXDp4oDBhFNarZcw3X0fcxAhaWryo3qFtgiwUo5qihi1LkfA\" alt=\"Upload or add addresses of whitelisted investors manually for the token sale\" style=\"width:416px;height:auto\"\/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"step-4-review-manage-whitelist-addresses\">Step 4: Review &amp; manage whitelist addresses<\/h3>\n\n\n\n<p>Now that your whitelisted addresses have been uploaded, you can review and manage investor addresses:<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter is-resized\"><img decoding=\"async\" src=\"https:\/\/lh4.googleusercontent.com\/km55Db3Mm3h7VV-DVOW55jK4Yl2j0YPiA_OYxyJh8NTrlelNiLCa2MzqMrQLe_qOqAb8zL1kmnNDsIHFmm-p9lmmxF2fMofFRX19g2u6y_nYACC-yPfhYsRSgJ1okhb-BmGFRStNpmZEFUqJNw\" alt=\"Manage investor addresses\" style=\"width:424px;height:auto\"\/><\/figure>\n\n\n\n<p>Make sure that the list is correct and remove unwanted addresses.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"step-5-set-withdrawals-parameters-if-applicable\">Step 5: Set withdrawals parameters if applicable<\/h3>\n\n\n\n<p>Should you have withdrawal parameters applied to your token presale, you can toggle on the conditions of your choice and set the parameters accordingly.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter is-resized\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/8zGSzsiEFBcBHUHiYUAr48AgFko9ZhhWB4Ry4J0bCthOc0Mg_XcNv56QkKMh43WFp0KHTfjxHKyCMs4z25GiqhMl_aofJ7I4OHHk_7gumYNFbc71Y3SIQMMsLbj4313vRn2ZYZgrtoFrMga1Bg\" alt=\"View of withdrawal parameters section\" style=\"width:408px;height:auto\"\/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"step-6-congratulations-you-have-successfully-set-up-your-token-presale\">Step 6: Congratulations you have successfully set up your token presale<\/h3>\n\n\n\n<p>Now that you have completed the necessary steps to create and manage your token presale, you can start receiving investment once the token presale start date is reached.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"step-7-set-up-i-frame-on-your-user-interface-to-receive-investments\">Step 7: Set up iFrame on your user interface to receive investments&nbsp;<\/h3>\n\n\n\n<p>Under the Token Sale information in the \u00a8Manage Token Sale\u00a8 functionality, you will find an HTML code box for a so-called iFrame:<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter is-resized\"><img decoding=\"async\" src=\"https:\/\/lh5.googleusercontent.com\/weHHnin_wXX_PQR12lXMGgW4vbVA_oPIkIiglWl9cZ7Bm9SE1-TgsKdA9SEmshYEFGeUcGBXs14wJ7VCBqv--hB7lgBJKyAiBI_sSN7Yrg4HwPxNIL5ZSAOK6oH1W3VkgIhMq5f-GK-LtAMiJA\" alt=\"\" style=\"width:576px;height:auto\"\/><\/figure>\n\n\n\n<p>Use this code to embed it on your website, this will allow you to receive investments directly from your website, without needing to redirect investors to the token sale page.<\/p>\n\n\n\n<p>Below a real time view of an example of a token presale on Sepolia Testnet embedded in an iFrame using the HTML code:<\/p>\n\n\n\n<iframe loading=\"lazy\" src=\"https:\/\/tokentool.bitbond.com\/tokensale\/0xCCCEd1f42E6B7AD8a7C5a8575192153dBBb8a999?chainId=11155111\" width=\"100%\" height=\"1000px\" frameborder=\"0\" name=\"tokensale\"><\/iframe>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"token-tool-bares-you-from-unnecessary-hassles\">Token Tool bares you from unnecessary hassles<\/h2>\n\n\n\n<p>Using Bitbond\u2019s token tool to create and manage token presales, you can now raise funds while concentrating all your effort and attention on your project.&nbsp;<\/p>\n\n\n\n<p>No more dealing with operational hurdles related to creating, setting up and implementing software within your organization.<\/p>\n\n\n\n<p>Thanks to this easy to use web3 application, issuers can now simply connect with their wallet, launch token presales to collect funds, while maintaining full ownership and control over the token presale and assets.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-3 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-vivid-cyan-blue-background-color has-background wp-element-button\" href=\"https:\/\/tokentool.bitbond.com\/createtokensale\/ethereum\/?utm_source=bitbond&amp;utm_medium=button&amp;utm_term=token_presale&amp;utm_content=&amp;utm_campaign=blog_button_middle\" target=\"_blank\" rel=\"noreferrer noopener\">Create Token Presale<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In the world of blockchain technology, token presales have emerged as a powerful tool for raising funds for new projects. However, creating and managing a token presale can be a complex and time-consuming process. It also proves to be quite costly to program the smart contracts required. That&#8217;s where Token Tool comes in. With its [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1504,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"off","_et_pb_old_content":"<!-- wp:heading -->\n<h2>What is a token presale?<\/h2>\n<!-- \/wp:heading -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3>Inception of token presales<\/h3>\n<!-- \/wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Token presales, also known as Security Token Offering (STO), Initial Coin Offerings (ICO), or more recently as Initial Dex Offering (IDO), are a new way of crowdfunding using <a href=\"https:\/\/www.bitbond.com\/digital-assets-glossary\/#cryptocurrencies\" target=\"_blank\" rel=\"noreferrer noopener\">cryptocurrencies<\/a> and <a href=\"https:\/\/www.bitbond.com\/digital-assets-glossary\/#blockchain\" target=\"_blank\" rel=\"noreferrer noopener\">blockchain technology<\/a>. They are so-called token offerings that distribute funds to investors in forms of tokens. These tokens represent tokenized assets.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>During a token presale, a predefined amount of funds is allotted to investors in the form of tokens. If the token presale is successful and the company behind it reaches its target, the tokens become functional units of currency.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>The first recorded token presale took place in July 2013, when Mastercoin managed to raise almost $500,000 in just under one month. Shortly afterwards, <a href=\"https:\/\/en.wikipedia.org\/wiki\/Ethereum\" target=\"_blank\" rel=\"noreferrer noopener\">Ethereum<\/a> showcased the power of token presales to the world and raised approximately $2.3 million dollars in the first 12 hours.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>This caused a short burst of interest, but it wasn\u2019t until 2017 when token presales really became popular. ICOs were highly speculative, high risk, and unregulated means of fundraising.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Meaning no guarantees were provided to investors by issuers, nor authorities. Due to many of them turning out to be scams or not backed by real life assets, a crash happened in the whole ecosystem which was recorded in history as the <a href=\"https:\/\/hackernoon.com\/3-moments-in-history-that-explain-the-ico-bubble-e7c42896ca6f\" target=\"_blank\" rel=\"noreferrer noopener\">2017 ICO bubble<\/a>.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:block {\"ref\":1570} \/-->\n\n<!-- wp:heading {\"level\":3} -->\n<h3>Evolution of token presales<\/h3>\n<!-- \/wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Fundraising using blockchain technology proved to be highly successful due to the efficiencies it brings compared to traditional fundraising methods. Financing became much more accessible at a drastically reduced cost, interest around token presale never ceased, regardless of the bubble burst in 2017.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Consequently, new forms of token presales emerged, the latter would be called <a href=\"https:\/\/www.bitbond.com\/digital-assets-glossary\/#sto\" target=\"_blank\" rel=\"noreferrer noopener\">Security Token Offerings (STOs)<\/a>. In short, STOs are a regulated version of ICOs with real life assets backing the offering. <a href=\"https:\/\/www.handelsblatt.com\/technik\/digitale-revolution\/krypto-start-up-bitbond-bafin-genehmigt-erstmals-virtuelle-finanzierungsrunde\/23991380.html?ticket=ST-11669727-EZdZwcUxMX9RimViWinE-ap3\" target=\"_blank\" rel=\"noreferrer noopener\">In 2019, Bitbond issued the first form of tokenized security in Europe with an STO prospectus approved by the German Financial Authorities<\/a>.&nbsp;<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Ever since, we have been specializing in developing bank-grade securities tokenization products enabling financial institutions with the possibility to leverage blockchain &amp; DLT.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3>Token Tool by Bitbond - your go-to platform to easily create token presales<\/h3>\n<!-- \/wp:heading -->\n\n<!-- wp:paragraph -->\n<p>As we strive to make blockchain and tokenization more accessible, using Token Tool by Bitbond, <a href=\"https:\/\/tokentool.bitbond.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">creating and managing tokens<\/a> on blockchain is now easier than ever, with no coding skills required.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>At Bitbond, we anticipate that all newly issued financial instruments will be tokenized on Distributed Ledger Technology (DLT). We are strong believers in the \u201ctokenization of everything\u201d.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Making sure that full ownership over tokens is maintained by users, token creators can simply connect their wallets via a web3 based interface, meaning no prior registration is required.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>If you are looking into creating a token presale with our token tool, then this article can serve you as an ultimate guide to creating <a href=\"https:\/\/tokentool.bitbond.com\/createtokensale\/\" target=\"_blank\" rel=\"noreferrer noopener\">token presale<\/a> using Bitbbond\u2019s Token Tool.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:heading {\"level\":1} -->\n<h1>How to create a token presale?<\/h1>\n<!-- \/wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Token Tool enables you to easily create a token presale via an intuitive user interface.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3>Step 1: Select your token for the token presale<\/h3>\n<!-- \/wp:heading -->\n\n<!-- wp:paragraph -->\n<p>To create a token presale, you first need to create your own token via the <a href=\"https:\/\/tokentool.bitbond.com\/createtoken\" target=\"_blank\" rel=\"noreferrer noopener\">create token<\/a> function. This is the guide to help you in <a href=\"https:\/\/www.bitbond.com\/resources\/create-token-in-5-minutes-using-token-tool\/\" target=\"_blank\" rel=\"noreferrer noopener\">creating tokens<\/a> using Token Tool by Bitbond. Once you have created your token, you will need to start <a href=\"https:\/\/tokentool.bitbond.com\/createtokensale\/\" target=\"_blank\" rel=\"noreferrer noopener\">creating your token presale<\/a> by defining the parameters for your token offering.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>In the sidebar menu on the left, click on \u201c<a href=\"https:\/\/tokentool.bitbond.com\/createtokensale\/\" target=\"_blank\" rel=\"noreferrer noopener\">Create Token Sale<\/a>\u201d.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>As a next step, choose the network on which you wish to create the token presale (<strong>Note<\/strong>: the network should be the same as the one the token was created on).<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Now enter the token contract address in the token address field and then click continue (you can find the contract address in the block explorer of the designated token).&nbsp;<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>You will also see a drop down menu with all available tokens in your wallet alongside their contract address. Simply choose the token in question and click continue.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:image {\"align\":\"center\",\"width\":586,\"height\":417} -->\n<figure class=\"wp-block-image aligncenter is-resized\"><img src=\"https:\/\/lh6.googleusercontent.com\/urEovRR0CMVqkZxMKF09nMAQbP57_t7jLQ7RjwAUcW1kRgFd_Xxt1Yc9UshlDfMi9NrNJO9UfT4uSwyVu7J7K0tVGk99Pv_4KlbDlI79sxHTQwCXVjuGnlA5ngTmeE4-92RqPaqA48XxjyEC2g\" alt=\"View of the Create Token Presale Dashboard\" width=\"586\" height=\"417\"\/><\/figure>\n<!-- \/wp:image -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3>Step 2: Configure your token presale<\/h3>\n<!-- \/wp:heading -->\n\n<!-- wp:paragraph -->\n<p>You will now be redirected to the create <a href=\"https:\/\/tokentool.bitbond.com\/createtokensale\" target=\"_blank\" rel=\"noreferrer noopener\">token presale<\/a> parameter configuration page.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Start by selecting payment token you wish to receive investments in and then set the token price denominated in the currency of choice (e.g. ETH or USDT), followed by the <a href=\"https:\/\/tokentool.bitbond.com\/createtokensale\" target=\"_blank\" rel=\"noreferrer noopener\">token presale<\/a> amount caps.&nbsp;<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>(<strong>Note<\/strong>: only enter whole numbers. Soft cap must be at least 50% of hard cap. If the soft cap is not reached at the end of the token presale, funds can be claimed back by the investors).<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>The \u201cNumbers of token on sale\u201d value is calculated by price per token in the currency of choice times the hard cap in the currency of choice.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Example<\/strong>:&nbsp;<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>If 1 USDC = 100 BTD with a hard cap of 10 USDC&nbsp; \u2192 Number of tokens on sale = 1000 BTD<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Note: <\/strong>It is also possible to accept any other custom tokens such as stablecoins as means of payment for investments. It doesn\u2019t&nbsp; have to be the native cryptocurrency of the network on which the tokens are issued.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>This can be helpful in order to accept payments with assets that are not subject to volatile exchange rates, decreasing the risk. However, the custom tokens or stablecoin must be running on the same network as the token sale.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Of course, you don't have to choose a stablecoin, any other custom token works as well, just make sure you choose a token that is accessible to investors. If you do not choose the native cryptocurrency of the selected blockchain but a custom payment token, you will need to specify the payment token via its <strong>token contract address <\/strong>of the designated network.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Example:<\/strong><\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:list -->\n<ul><li>Contract address for <strong>USDT<\/strong> would be:<ul><li>Ethereum: <a href=\"https:\/\/etherscan.io\/token\/0xdac17f958d2ee523a2206206994597c13d831ec7\">0xdAC17F958D2ee523a2206206994597C13D831ec7<\/a><\/li><li>Polygon: <a href=\"https:\/\/polygonscan.com\/address\/0xc2132d05d31c914a87c6611c10748aeb04b58e8f\">0xc2132D05D31c914a87C6611C10748AEb04B58e8F<\/a><\/li><li>Avalanche: <a href=\"https:\/\/snowtrace.io\/token\/0xc7198437980c041c805a1edcba50c1ce5db95118\">0xc7198437980c041c805A1EDcbA50c1Ce5db95118<\/a><\/li><\/ul><\/li><li>Contract address for <strong>DAI<\/strong> would be:<ul><li>Ethereum: <a href=\"https:\/\/etherscan.io\/token\/0x6b175474e89094c44da98b954eedeac495271d0f\">0x6B175474E89094C44Da98b954EedeAC495271d0F<\/a><\/li><li>Polygon: <a href=\"https:\/\/polygonscan.com\/token\/0x8f3cf7ad23cd3cadbd9735aff958023239c6a063\">0x8f3Cf7ad23Cd3CaDbD9735AFf958023239c6A063<\/a><\/li><li>Avalanche: <a href=\"https:\/\/avascan.info\/blockchain\/c\/address\/0xba7deebbfc5fa1100fb055a87773e1e99cd3507a\">0xbA7dEebBFC5fA1100Fb055a87773e1E99Cd3507a<\/a><\/li><li>Binance: <a href=\"https:\/\/bscscan.com\/address\/0x1af3f329e8be154074d8769d1ffa4ee058b1dbc3\">0x1AF3F329e8BE154074D8769D1FFa4eE058B1DBc3<\/a><\/li><\/ul><\/li><\/ul>\n<!-- \/wp:list -->\n\n<!-- wp:image {\"align\":\"center\",\"id\":1509,\"width\":512,\"height\":242,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image aligncenter size-large is-resized\"><img src=\"https:\/\/www.bitbond.com\/wp-content\/uploads\/2022\/05\/Token-Presale-Parameters-1024x483.png\" alt=\"View of the Create Token Presale Parameters for selecting payment token, setting up token price and token sale raised amount caps\" class=\"wp-image-1509\" width=\"512\" height=\"242\"\/><\/figure>\n<!-- \/wp:image -->\n\n<!-- wp:paragraph -->\n<p>Now set the investment amount limits per investor (Note: these are the minimum and maximum amounts each wallet address can invest. Set to 0 for no limit)<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>After that, set the token presale start time and the token sale duration. (YYYY-MM-DD HH:MM:SS)<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Example:<\/strong><\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>If token sale start time = 01.01.2022 at 12:00:00 and the token sale duration is 30 days \u2192 Token sale end time = 31.01.2022 at 12:00:00<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:image {\"align\":\"center\",\"width\":488,\"height\":197} -->\n<figure class=\"wp-block-image aligncenter is-resized\"><img src=\"https:\/\/lh5.googleusercontent.com\/bYMEiZw1HPGJE-N6-BtZF6aLBrpZERqWpI4vgK71MkGculOJ5NiMpaG_bPm45sR3QYZ5A5ANoSe7_DlofgAkz9Ke7YVvwo2UbEMIhYxvyggN4Y1MDLTF7Ti81OQ30k9JI9qSw4Cs3tq4bFUM3g\" alt=\"View of the Create Token Presale paramaters for setting up investment amounts and token sale duration\" width=\"488\" height=\"197\"\/><\/figure>\n<!-- \/wp:image -->\n\n<!-- wp:paragraph -->\n<p>If the offering required funds to be locked for a specific amount of time before being claimed, you should enter the number of lock days under \u201clock duration in days\u201d.&nbsp;<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>This will lock the funds for the duration entered, preventing investors from claiming funds after the end of the token sale period. If a lock time doesn\u2019t apply, set the number of days to \u201c0\u201d.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>The \u201cToken claim time\u201d date is equal to the token sale end time plus the amount of lock days that has been entered.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Example:<\/strong><\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>If token lock duration in days = 15 days and token sale end time = 31.01.2022 at 12:00 \u2192 Token claim time = 15.02.2022 at 12:00<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Set investor whitelisting<\/strong><\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Now choose whether you want to whitelist investors or not<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>A <a href=\"https:\/\/tokentool.bitbond.com\/createtokensale\" target=\"_blank\" rel=\"noreferrer noopener\">token presale<\/a> is sometimes limited to specific investors, if this applies then select \u00a8Only whitelisted addresses can invest\u201d in the \u201c<strong>Set Investor whitelist\u201d <\/strong>section. When you select this option, an investor can only invest from an address that you whitelisted previously. This option is suitable for token sales where investor KYC is necessary for example for regulatory reasons such as in a Security Token Offering (STO) or when you want to know who your investors are. The whitelisting of addresses is done under the Manage Token Sale functionality (see below in this guide for details).<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>If the whitelisting limitation doesn\u2019t apply and the offering is available to all investors, set the option to \u201c<strong>every address can invest<\/strong>\u201d. This option is only suitable for unregulated token sales such as Initial Coin Offerings (ICO).<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>In the case an investor whitelist has been set, issuers will require a user interface to onboard investors, it will consist of collecting necessary contact information of investors and performing KYC on their profiles. Meaning an onboarding will be needed for every address via some kind of investor UI. However, in the case of no whitelisting, then any address can invest.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Set token sale owner<\/strong><\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Lastly, set the token sale owner, this allows you to choose the owner of the token sale, so in other terms the issuer of the offering. To select the owner, enter the owner\u2019s address in the \u201c<strong>Token sale owner address<\/strong>\u201d field.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Now click on \u201c<strong>Continue<\/strong>\u201d at the bottom of the page.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:image {\"align\":\"center\",\"width\":481,\"height\":145} -->\n<figure class=\"wp-block-image aligncenter is-resized\"><img src=\"https:\/\/lh4.googleusercontent.com\/ZnY3PAqmZki8syWdkOJtm4MVs_zB4K4hyAyldTaeeHKEscdEKQJVoCm904yRROhcIhWMezc3JuIo6xqNIwfogKzp1jHcgKF-NT7yijSyPYk5OyGY8FPZ1NoINvdP5_KQ9mpwn0MtW_2gL1fd5Q\" alt=\"View of the Create Token Presale parameters  for setting up investor whitelisting and token sale owner\" width=\"481\" height=\"145\"\/><\/figure>\n<!-- \/wp:image -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3>Step 3: Review token pesale<\/h3>\n<!-- \/wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Congratulations, you are now a step closer to completing your token presale. Once you go through all the steps in the \u201c<strong>Configure your token sale<\/strong>\u201d section, you will be redirected to the \u201creview token sale\u201d page.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:image {\"align\":\"center\",\"width\":474,\"height\":392} -->\n<figure class=\"wp-block-image aligncenter is-resized\"><img src=\"https:\/\/lh6.googleusercontent.com\/4e7rT3Yfm0aN7wV6rS0bIs-hbJk-Pw2Ds8dBxyCLBGaou6WKdxO7tNsy8PmMMJGj1Kz6JjGLkBkN2hpgWyv4BwTBLyiXkdd6JvTVd52PkHsbyDl1dIl-a3_LC_9s97DgcYIJbxNRX4osCraP8w\" alt=\"View of the Create Token Presale for reiewing set up paramaters\" width=\"474\" height=\"392\"\/><\/figure>\n<!-- \/wp:image -->\n\n<!-- wp:paragraph -->\n<p>In this section, make sure that all filled information for the token presale is correct and accurate. It is important that you do this process carefully as modifying parameters will require you to edit them and pay for a new transaction for the edit to be implemented.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Once all information submitted is reviewed thoroughly and confirmed, click on \u201c<strong>create sale<\/strong>\u201d (Note: make sure your wallet is connected to the right network).<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>A pop up window will appear with your chosen wallet to confirm the transaction. Click on confirm and agree to <a href=\"https:\/\/tokentool.bitbond.com\/terms\">T&amp;Cs<\/a>.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Service fees + network fees will apply accordingly.&nbsp;<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3>Step 4: Create token presale<\/h3>\n<!-- \/wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Now that the transaction is confirmed in your wallet and processed by the network, a modal will appear confirming that your token sale has been created successfully. In it you will find the Token Sale Contract address and the Token sale link which you can share.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:image {\"align\":\"center\",\"width\":379,\"height\":254} -->\n<figure class=\"wp-block-image aligncenter is-resized\"><img src=\"https:\/\/lh5.googleusercontent.com\/ZJG8zGkjJEK16Eoi9qtzpunMz5g-xyoaosoBbHYSOVZhVk-JaRnb76tA3AktFk98clYdErsC4M6qlhaY_aAgk_6bLoSoU2Wcqgd_QI-lNv2n2uJYsaHVKwh1QowgSPPreQ4hjucWB7qk9TJKJw\" alt=\"Pop up modal when completing the token presale creation\" width=\"379\" height=\"254\"\/><\/figure>\n<!-- \/wp:image -->\n\n<!-- wp:paragraph -->\n<p>Voila! You have now successfully created a Token Sale using Bitbond\u2019s Token Tool. Your Token Sale will start according to the period you set. <\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Note <\/strong>that you must send the tokens to the token sale contract address prior to the start of the token sale. This can be done in the Manage Token Sale section, you must click approve. <\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>You can also go to the \u201c<a href=\"https:\/\/tokentool.bitbond.com\/managetokensale\/\">Manage Token Sale<\/a>\u201d function in order to take actions and edit parameters related to your token sale.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:block {\"ref\":1570} \/-->\n\n<!-- wp:heading -->\n<h2>Manage Token Presale with Token Tool<\/h2>\n<!-- \/wp:heading -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3>Step 1: Input token sale contract address<\/h3>\n<!-- \/wp:heading -->\n\n<!-- wp:paragraph -->\n<p>To access the management function of your token sale, first you need to insert the contract address received upon creation of token sale.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:image {\"align\":\"center\",\"width\":453,\"height\":158} -->\n<figure class=\"wp-block-image aligncenter is-resized\"><img src=\"https:\/\/lh6.googleusercontent.com\/pp-4FCGzaLtA2rv9wHBb9k0ELPD1AB3Hec5RFbJpiMYJbgfqj8z9oesvIcIVyh9OmrfzG0DzDYampXQ5b4yKPABy1vbQMn_jKCdMCTJ55ArY3N5gs5j8jei3q_UBdpXVC2uWDX46wHe2rzcMRQ\" alt=\"View of the Manage Token Presale Dashboard\" width=\"453\" height=\"158\"\/><\/figure>\n<!-- \/wp:image -->\n\n<!-- wp:paragraph -->\n<p>Once you fill in the address click on \u201ccontinue\u201d. You will be redirected to your token sale information page. At the top you will see information about your token sale according to how you set it up upon creation of the token sale.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:image {\"align\":\"center\",\"width\":335,\"height\":402} -->\n<figure class=\"wp-block-image aligncenter is-resized\"><img src=\"https:\/\/lh3.googleusercontent.com\/7pj2glGi1zES9yBo3wJRKhnC7AwbbmYTZjpy0JZ3KYPMtstSjbchxe2ttTQvM_SUI6EnBlpPONKME6amrKO8tawPrEfP4VT1UFX6ctVdcgfQEgt8ytRDPIXoA2XMaIqdJpBIXTbeD2UaNB8qoQ\" alt=\"View of the Manage Token Presale Dashboard with token sale information displaed\" width=\"335\" height=\"402\"\/><\/figure>\n<!-- \/wp:image -->\n\n<!-- wp:paragraph -->\n<p>The HTML code that you find at the bottom of the <a href=\"https:\/\/tokentool.bitbond.com\/createtokensale\" target=\"_blank\" rel=\"noreferrer noopener\">token presale<\/a> information is for you to include as an iframe into your website. This enables investors and prospects to receive information about the token presale you\u2019re operating via your existing user interface. See \u00a8Step 7\u00a8 below for details on  setting up iFrame.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3>Step 2: Review &amp; edit token presale parameters<\/h3>\n<!-- \/wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Under the <a href=\"https:\/\/tokentool.bitbond.com\/createtokensale\" target=\"_blank\" rel=\"noreferrer noopener\">token presale<\/a> information, you will find the general settings section:<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:image {\"align\":\"center\",\"width\":323,\"height\":341} -->\n<figure class=\"wp-block-image aligncenter is-resized\"><img src=\"https:\/\/lh4.googleusercontent.com\/x-WRuybEkzPZ5SH7-kdUmS08-3Ui4Zg20TLR9Mjw3cgLRYcF1-reFti5MqDfYaJG5WGPwiWAlVX-ihDzcDxZzEoa7zNRLgsHwcL9m8gBZL1qEuZccnlReRUeAnh1AOxUkLQob0ejicyHKaUdkQ\" alt=\"View of the Token Sale Paramaters edit\" width=\"323\" height=\"341\"\/><\/figure>\n<!-- \/wp:image -->\n\n<!-- wp:paragraph -->\n<p>Here you can review and edit parameters related to your token presale.&nbsp;<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Note: token presale parameters can only be edited up until 10 minutes before the start of the sale.<\/strong><\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3>Step 3: Add addresses to whitelist investors<\/h3>\n<!-- \/wp:heading -->\n\n<!-- wp:paragraph -->\n<p>In the case where your token presale can accept investment from whitelisted investors only, you will need to add the addresses of whitelisted investors:<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:image {\"align\":\"center\",\"width\":328,\"height\":179} -->\n<figure class=\"wp-block-image aligncenter is-resized\"><img src=\"https:\/\/lh5.googleusercontent.com\/seTU-hBjg0Z4r6UZOpf3qtpFwm6DjQh2VviQ3CdbqQ-MCPrY4f3g5XoNdkkFiuG2_NAJC-iIdFliOoz8wDl0IyCZrvou3n8Gn5a13zHIW3Ve0dH4S0VPbxluivhXhtG-OTRzGF9-uuu6yqWJAA\" alt=\"Investor whitelisting section to upload addresses\" width=\"328\" height=\"179\"\/><\/figure>\n<!-- \/wp:image -->\n\n<!-- wp:paragraph -->\n<p>Click on \u201cAdd addresses\u201d. A pop window will appear where you can manually add addresses of whitelisted investors, or by uploading a file containing a list of the addresses:<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:image {\"align\":\"center\",\"width\":313,\"height\":287} -->\n<figure class=\"wp-block-image aligncenter is-resized\"><img src=\"https:\/\/lh3.googleusercontent.com\/VgnoKyVQIggp6pheLi-fJv_Hw0ynBfSdgZLSG-6QTsxFfN5-kEwef9GKMSUZCfMkEJeMM9HqThiOK0R-zkjCRK73zl9l4ayvBFvXDp4oDBhFNarZcw3X0fcxAhaWryo3qFtgiwUo5qihi1LkfA\" alt=\"Upload or add addresses of whitelisted investors manually for the token sale\" width=\"313\" height=\"287\"\/><\/figure>\n<!-- \/wp:image -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3>Step 4: Review &amp; manage whitelist addresses<\/h3>\n<!-- \/wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Now that your whitelisted addresses have been uploaded, you can review and manage investor addresses:<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:image {\"align\":\"center\",\"width\":323,\"height\":175} -->\n<figure class=\"wp-block-image aligncenter is-resized\"><img src=\"https:\/\/lh4.googleusercontent.com\/km55Db3Mm3h7VV-DVOW55jK4Yl2j0YPiA_OYxyJh8NTrlelNiLCa2MzqMrQLe_qOqAb8zL1kmnNDsIHFmm-p9lmmxF2fMofFRX19g2u6y_nYACC-yPfhYsRSgJ1okhb-BmGFRStNpmZEFUqJNw\" alt=\"Manage investor addresses\" width=\"323\" height=\"175\"\/><\/figure>\n<!-- \/wp:image -->\n\n<!-- wp:paragraph -->\n<p>Make sure that the list is correct and remove unwanted addresses.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:block {\"ref\":1570} \/-->\n\n<!-- wp:heading {\"level\":3} -->\n<h3>Step 5: Set withdrawals parameters if applicable<\/h3>\n<!-- \/wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Should you have withdrawal parameters applied to your token presale, you can toggle on the conditions of your choice and set the parameters accordingly.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:image {\"align\":\"center\",\"width\":274,\"height\":287} -->\n<figure class=\"wp-block-image aligncenter is-resized\"><img src=\"https:\/\/lh3.googleusercontent.com\/8zGSzsiEFBcBHUHiYUAr48AgFko9ZhhWB4Ry4J0bCthOc0Mg_XcNv56QkKMh43WFp0KHTfjxHKyCMs4z25GiqhMl_aofJ7I4OHHk_7gumYNFbc71Y3SIQMMsLbj4313vRn2ZYZgrtoFrMga1Bg\" alt=\"View of withdrawal parameters section\" width=\"274\" height=\"287\"\/><\/figure>\n<!-- \/wp:image -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3>Step 6: Congratulations you have successfully set up your token presale<\/h3>\n<!-- \/wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Now that you have completed the necessary steps to create and manage your token presale, you can start receiving investment once the token presale start date is reached.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3>Step 7: Set up iFrame on your user interface to receive investments\u00a0<\/h3>\n<!-- \/wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Under the Token Sale information in the \u00a8Manage Token Sale\u00a8 functionality, you will find an HTML code box for a so-called iFrame:<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:image {\"align\":\"center\",\"width\":616,\"height\":153} -->\n<figure class=\"wp-block-image aligncenter is-resized\"><img src=\"https:\/\/lh5.googleusercontent.com\/weHHnin_wXX_PQR12lXMGgW4vbVA_oPIkIiglWl9cZ7Bm9SE1-TgsKdA9SEmshYEFGeUcGBXs14wJ7VCBqv--hB7lgBJKyAiBI_sSN7Yrg4HwPxNIL5ZSAOK6oH1W3VkgIhMq5f-GK-LtAMiJA\" alt=\"\" width=\"616\" height=\"153\"\/><\/figure>\n<!-- \/wp:image -->\n\n<!-- wp:paragraph -->\n<p>Use this code to embed it on your website, this will allow you to receive investments directly from your website, without needing to redirect investors to the token sale page.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Below a real time view of an example of a token presale embedded in an iFrame using the HTML code:<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:html -->\n<iframe src=\"https:\/\/tokentool.bitbond.com\/tokensale\/0x429cEa825Ef639093a2D22d9F7C5b7440EFE8e0d?chainId=43113\" width=\"100%\" height=\"500px\" frameborder=\"0\" name=\"tokensale\"><\/iframe>\n<!-- \/wp:html -->\n\n<!-- wp:heading -->\n<h2>Token Tool bares you from unnecessary hassles<\/h2>\n<!-- \/wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Using Bitbond\u2019s token tool to create and manage token presales, you can now raise funds while concentrating all your effort and attention on your project.&nbsp;<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>No more dealing with operational hurdles related to creating, setting up and implementing software within your organization.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Thanks to this easy to use web3 application, issuers can now simply connect with their wallet, launch token presales to collect funds, while maintaining full ownership and control over the token presale and assets.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:block {\"ref\":1570} \/-->","_et_gb_content_width":"","footnotes":""},"categories":[13,26],"tags":[],"_links":{"self":[{"href":"https:\/\/www.bitbond.com\/wp-json\/wp\/v2\/posts\/1502"}],"collection":[{"href":"https:\/\/www.bitbond.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bitbond.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bitbond.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bitbond.com\/wp-json\/wp\/v2\/comments?post=1502"}],"version-history":[{"count":18,"href":"https:\/\/www.bitbond.com\/wp-json\/wp\/v2\/posts\/1502\/revisions"}],"predecessor-version":[{"id":2905,"href":"https:\/\/www.bitbond.com\/wp-json\/wp\/v2\/posts\/1502\/revisions\/2905"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bitbond.com\/wp-json\/wp\/v2\/media\/1504"}],"wp:attachment":[{"href":"https:\/\/www.bitbond.com\/wp-json\/wp\/v2\/media?parent=1502"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bitbond.com\/wp-json\/wp\/v2\/categories?post=1502"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bitbond.com\/wp-json\/wp\/v2\/tags?post=1502"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}