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4Cadia Governance Token

Build Status CircleCI

What is 4Cadia Token?

4GT is an asset token, collateralized 1:1 to 4CADIA Foundation voting shares through a legal framework.

  • 4GT are issued as ERC223 compatible tokens and can be stored and transacted using any wallet or service that support its integration on the Ethereum network.
  • In the future, 4GT tokens inside the Ethereum blockchain are going to be swapped 1:1 with 4GT inside 4CADIA blockchain ecosystem.

Having 1 4GT is the same as having 1 voting share of 4CADIA Foundation, but without the bureaucratic hassle of handling voting shares.

How do I get 4GT Token?

Brand new 4GT can only be acquired by bidding in the 4GT Auctions that 4CADIA issue periodically. Once these tokens are in custody of the end users, they can be traded freely on the secondary market. The tokens can be bought directly from the crowdsale smart contract using compatible tokens, or through a dedicated platform using Fiat money, Bitcoin or other cryptocurrencies. All bids placed on auctions are private. When placing a bid it is impossible to see other bids, so every bidder must choose its price per token and amount of purchase carefully to win a bid.

Token Structure

Function Description
name Used to specify token contracts and external applications
symbol Helps ensure its compatibility with the ERC20 standard and provides external programs with its short name
totalSupply This function indicates the total number of tokens in the blockchain
balanceOf Using this function you can find the number of tokens that have an established address
transfer(address, uint, bytes) A function that is always called when someone wants to transfer tokens
transfer(address, uint) Required for backward compatibility reasons
tokenFallback Functions for handling the transfer token
transferFrom Transfers the number of tokens from one address to another
approve Allows the sender to withdraw amounts from his account several times. That is, is a confirmation
allowance Returns the number from which the sender is still allowed to withdraw money

Instalation

Token requires:

  • Node.js v10+ to run.
  • Truffle version 5.0.39.
  • Ganache-cli version 6.7.0. Install the dependencies and devDependencies and start the server.
$ cd ~/4cadia-governance-token
$ npm install

Development

Running in mode develop with ganache-cli:

$ ~/4cadia-governance-token/ganache-cli

Truffle Migrate Token:

$ ~/4cadia-governance-token/truffle migrate

Truffle Compile Token:

$ ~/4cadia-governance-token/truffle compile

Running unit test:

$ ~/4cadia-governance-token/npm test

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