Factory
The TYZ ecosystem will have six stages of crowdsale over three years. This is quite a long period. In addition, such a number of sales stages is usually not typical for other cryptocurrency projects. As a result, we faced several challenges:
All six stages have similar functionality and differ mainly in numerical parameters. Developing six almost identical contracts for each crowdsale is not the most rational solution.
Tokens intended for sale in crowdsales should only be available to crowdsale contracts. This is simply necessary to ensure the transparency of our tokenomics. Investors will be guaranteed that within three years, all stages will be carried out in the prescribed volume.
Flexibility regarding possible delays. It is important to be prepared to postpone the deadlines and prevent the early unlocking of tokens.
We have found a rational solution – a crowdsale factory. The factory will make it possible to make the sale on crowdsales decentralized and autonomous.
The factory is a tool for creating a smart contract for each stage of the crowdsale. The TYZ administration will only be able to set the necessary parameters and initiate the start of each stage. The factory limits the minimum number of TYZ tokens for sale (i.e., we will not be able to crowdsale fewer TYZ tokens than promised) and the start date of the stage (i.e., we will not be able to start the crowdsale earlier than the dates specified in the Roadmap). In addition, it will not be possible to withdraw TYZ tokens from the factory anywhere, only to the smart contract of a certain stage of the crowdsale.
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