How much will it cost to create an ERC20 token for ICO?
It all started with bitcoin-the first-ever crypto in the blockchain. Since then, the blockchain has transformed strenuously. Exactly six years after launching bitcoin, the Ethereum blockchain was launched. And right now, It is considered to be one of the most commanding blockchains. Now imagine creating crypto tokens in this kind of blockchain. It will possess all the features available in the native blockchain.
Speaking of crypto tokens, ERC20 is the most preferred token standard. It might attract a large number of investors if you are planning to launch an ICO. Yes, that's right. History says that ERC20 is the most used token standard for ICO crowdfunding. With ERC20 tokens, you can raise funds in a hassle-free manner.
So what now? Wondering how much it will cost to create ERC20 tokens? Well, creating ERC20 tokens is cost-effective and easy to develop. There are enough sources on the internet to help you to create your ERC20 tokens in less than one minute, free of cost. But in such cases, you will miss a few features that are vital for token development as well as ICO. Notably
- How will you add the features required for your business?
- You will also need a wallet to store the tokens you create.
- Develop a Mobile wallet app that can help users to send, receive and store crypto tokens.
These are peculiar features that require high expertise to work on it. But the cost can only be determined when you consult a company to create your ERC20 token. Several companies provide token development services. You will have to choose a professional company among them to provide you with the services of ERC20 token development Company . You can also enquire about the cost to create an ERC20 token.