Ethereum has emerged as a dynamic platform for exchanging cryptocurrency tokens. While token crowdsales cannot simultaneously guarantee buyers both certainty of valuation and certainty of participation, we show that if each token buyer specifies a desired purchase quantity at each valuation then everyone can successfully participate. Our implementation introduces smart contract techniques which recruit outside participants in order to circumvent computational complexity barriers.
@article{arxiv.1908.04295,
title = {Interactive coin offerings},
author = {Jason Teutsch and Vitalik Buterin and Christopher Brown},
journal= {arXiv preprint arXiv:1908.04295},
year = {2019}
}