Token Wizard Deployment Time and Gas
This information was obtained on November 30th, 2017. It may be inaccurate at the current network state. Consider using POA Sokol Testnet for your test deployments and POA Core Network for final for fast, reliable and cheaper production.
The one-tier crowdsale with no whitelist submits 12 transactions to 5 different smart-contracts. When additional features are added to crowdsale such as multiple tiers, reserved tokens or whitelist controlled sale, Metamask will be submitting more than 12 transactions. Below is a table on the time to deploy to the various Ethereum networks for each contract, these times will vary depending on network congestion and the user's computer specs.
Below is a table for Kovan Testnet and mainnet times to deploy each contract for a crowdsale with no reserved tokens, disabled whitelist and single tier. The more features your crowdsale has, the more transactions you will be submitting on the final step.
| Contract Deployed | Testnet Deployment | Mainnet Deployment | # of Txs |
|---|---|---|---|
| SafeMathLibExt | 00:07 | 00:20 | 1 |
| *TokenExt | 01:12 | 02:00 | 5 |
| FlatPricingExt | 00:24 | 00:41 | 2 |
| *CrowdsaleExt | 00:48 | 03:36 | 3 |
| *FinalizeAgent | 00:14 | 00:20 | 1 |
| TOTAL | 02:45 | 06:57 | 12 |
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setTier for Pricing Strategy: 00:58
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updateJoinedCrowdsales: 02:00
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setMintAgent: 01:30
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setMintAgent: 02:10
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setFinalizeAgent: 01:20
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setReleaseAgent: 00:53
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transferOwnership: 00:40
Attention!
Although the Token Wizard tool is free to use, the transactions sent to the Ethereum Network require GAS in the form of ETHER. Basic crowdsale with no reserved tokens, disabled whitelist and single tier will cost roughly 0.05 ETH in fees, this number may change on any single crowdsale submission. These amounts will also increase as you add features to your crowdsale, such as reserved tokens in quantity or percentage, whitelist enabled or multiple tiers.
Token Wizard has implemented a GAS selection feature on Step 4. It allows you to choose how fast or slow you want your transaction mined. It uses POA Gas Oracle to get current network gas rates (main network only) and also has a custom section to adjust to your liking, but remember if it is set too low, the tx may not get mined for a while.
GAS Price at the time of writing was "5 Gwei", please check EthGasStation.info for the networks current rate.
0.05 ETH is roughly $24.98 at the current rate of $499.53 for 1 ETH at the time of writing.