Smart Contract Sales – SALES ICO Ethereum Blockchain Exchanges?


What Are Smart Contract Sales?

An automated sales process with smart contracts which seeks to replace the role of sales managers.

Smart Contract Sales, first proposed by Nick Szabo in 1994, which are also known as self-executing contracts or blockchain contracts, allow coding and execution of contracts under supervision by a network of computers on the blockchain. This would also result in ledger feedback such as transferring money and receiving the product or service.

Smart Contract Sales help you exchange money, property, shares, or anything of value in a transparent, conflict-free way while avoiding the services of a middleman. Smart contracts not only define the rules and penalties around an agreement in the same way that a traditional contract does, but also automatically enforce those obligations.

The Ethereum platform allows developers to program their own smart contracts, defining the conditions for execution of a contract. Smart contracts are able to:

  • Function as a Multi-sig account, so that funds are only spent when multiple parties agree
  • Manage agreements between users, such as transfer of goods
  • Provide utility to other contracts
  • Store information about an application such as domain registration or membership records

Smart Contract Sales give businesses various advantages such as autonomy by eliminating intermediaries, trust and backup of data through the public ledger, safety in the form of encryption of information, speed of execution and automation of tasks, savings from a notary fee and accuracy of automated contracts eliminating human error.

The overarching utility of smart contracts allows sales process decisions to be coded into a smart contract to execute upon fulfillment of certain conditions, saving businesses upto $135,000 a year.

The Smart Contracts Team

  • Sergey Safronov – Founder and CEO
  • Alex Chernyshev – Strategy Advisor
  • Anton Borisov – Technology Advisor
  • Polina Fadeeva – Sales Processes descriptor

Smart Contract Sales ICO Details

  • Platform – Ethereum(ERC20)
  • ICO start date – November 20, 2017
  • ICO end date – December 19, 2017
  • Hard cap – 1,000,000,000
  • Price per token – 0.0003 ETH

Smart Contract Sales Verdict

The whitepaper essentially described smart contracts with little information on project roadmap and other intricacies. It's easy enough to say smart contracts can replace sales managers without saying much in the way of how? They're also looking for skilled programmers for the project 3 days before ICO!

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide