Learn more about crypto with this collection
The differences between Web 2.0 and Web 3.0
The future of the internet
Understanding the potential of Web 3.0
Crypto Development Option - 1
Coin
Runs on its own blockchain network
Requires advanced blockchain knowledge and coding skills
Blockchain development is more costly and takes time
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58 reads
MORE IDEAS ON THIS
Legal, compliance, Rules Of Market Engagement
Countries around the world have their own laws and rules regarding cryptocurrencies. Some jurisdictions may even ban the use of cryptocurrencies. Consider fully your legal obligations and any compliance issues you might face.
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12 reads
When To Go Token Mint
Creating a token on an existing blockchain can leverage its reputation and security. While you won't have complete control over all aspects of your token, there is still a lot of customization available. There are a variety of websites and tools available to create your own token, especially on B...
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Cost of creating your own cryptocurrency
The costs involved are linked to the methods and setup you choose. If you're creating a coin and blockchain you'll likely have to pay a whole team over multiple months. A code audit from a reliable team can also cost around $15,000 (USD). At its cheapest, a simple token on BSC can be done for $50...
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Pros & cons
Creating a token on an existing blockchain can leverage its reputation and security. While you won't have complete control over all aspects of your token, there is still a lot of customization available.
If you're looking to push the limits of what a coin or blockchain does, creating a coin...
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20 reads
Options/ Differences To Consider When Deciding Blockchain Strgy
Your choice of a token or coin will change depending on the customizability and utility we want.
-- The costs involved depend on the work needed, like external developers and time.
-- Before creating your own crypto, you'll need to consider its utility, tokenomics, and legal status. ...
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When To Coin From Scratch
If you're looking to push the limits of what a coin or blockchain does, creating a coin with its own blockchain would likely be better. Creating a new blockchain and coin is certainly harder than issuing a crypto token. But if done right, it can bring lots of innovation and new possibilities. Bin...
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Crypto Development Option - 2
Token
Can be built on existing blockchains with an established user base
Fairly simple to create with pre-existing tools and open-source code
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39 reads
CURATED FROM
CURATED BY
Making some sense of cryptocurrency development basics for beginners.
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