As a businessperson, you are aware of how technology can link people and transform how we live and work. However, a small number of powerful corporations currently control and monopolize the internet.
Web3 is the next stage in the development of the internet, commonly referred to as decentralized web or blockchain technology. Giving consumers more control over their data and assets, it enables real decentralization and transparency. You can lead this movement and influence the direction of the internet by starting a Web3 business and creating a token.
True financial freedom and access to money are two of the main benefits of Web3 and blockchain technology. Those who lack access to traditional banking services, such as the unbanked or underbanked, can now access financial services thanks to the peer-to-peer transactions made possible by tokens. This may create new chances and markets for your company.
You may contribute to the drive toward a more decentralized and fair internet by starting a Web3 business and creating a coin. You may use the power of blockchain technology to give your customers access to money, financial freedom, and a sense of transparency and trust. This may provide new opportunities and markets for your company while also influencing how the internet develops in the future.
How to launch token as entrepreneur?
If you’re not developer, you must therefore use a token builder platform. A platform known as a “no-code token builder” enables you to develop and publish your own token ideas without writing any code. To develop your own currencies, smart contracts, and decentralized applications as well as manage your project with integrated tools and statistics, it offers pre-built templates and a user-friendly interface. This might make it simple and quick for you to start your own token project and get involved in the sector.
The 5 steps to create your token with no-code token builder platform
1 – Choose a no-code token builder platform:
Selecting a platform with a no-code token builder that fits your demands is the first step in creating your own token project. To find the platform that is suitable for your project, investigate and compare the features and capabilities of the many options.
Tokens, NFTs, and meta-ecosystems can all be created and managed by users on the cross-chain platform known as Side.xyz. It is made to be simple to use and open to enterprises, influencers, and innovators. Users can develop and manage their assets on several blockchain networks, including Ethereum and Binance Smart Chain, with the use of the platform’s tools and capabilities. Additionally, it might provide functions like token issuance, trading, and NFT minting.
Side.xyz gives users a number of benefits, including as the ability to fork already successful projects and the capacity to build a complete ecosystem through which users may engage with other bitcoin holders. The platform is efficient and user-friendly, enabling quick and simple development of tokens and NFTs with the availability of numerous pre-made templates. Users can also build a member area for their community, a dedicated sales page for their branding, a web app to sell their tokens or NFTs, and an online store to offer goods and services. The site also offers the ability to request the creation of a specific token and relationship with a company to promote the project, in addition to supporting token payments.
2 – Select a template:
After deciding on a no-code token building platform, you may pick a ready-made template to serve as the basis for your project. These templates often comprise a token project’s fundamental structure and functionality, such as token creation, the development of smart contracts, and the deployment of decentralized applications (dApps).
Here are a few examples of projects to fork with Side:
- Secure Moon A reflection token called Safe Moon rewards long-term investors consistently.
- Olympus DAO: Olympus DAO is a platform token-based decentralized reserve money mechanism.
- Nouns.wtf: Nouns seeks to establish an identity, community, governance, and currency that the community can utilize, in contrast to previous projects like CryptoPunks that sought to establish a digital community and identity.
3 – Customize your project:
After selecting a template, you can customize your project to suit your specific needs. This can include things like setting the total supply of tokens, defining the token’s properties, and setting the rules for token distribution.
The process of upgrading a token to make it more desirable to investors and consumers involves a number of different variables. Offering distinctive features that distinguish your coin from others on the market is one method to do this. For instance, more secure transactions, reduced costs, or faster transaction speeds. Creating use cases for your token that correspond to the wants and preferences of your target market can help improve its allure. For instance, if the gaming sector is your target market, you might develop a token that can be utilized as in-game money. Making a token economics model that provides incentives for people to keep and utilize your token is another approach to personalize.This might contain incentives for staking, buyback and burn mechanisms, or other token-based rewards.
4 – Deploy your project:
Once you have customized your project, you can deploy it to the blockchain using the no-code token builder’s user-friendly interface. This will make your project live on the blockchain network and available for use.
5 – Manage and track your project:
The no-code token builder has built-in tools and analytics that you can use to manage and monitor the performance of your project after it has been deployed. This may include activities like reviewing transactional data, keeping tabs on token usage, and pinpointing potential improvement areas.
Developing a strong online presence on social media, interacting with users, and supporting user-generated content are all crucial steps in creating a strong community around your token. It’s crucial to create a solid marketing plan that focuses on your target audience and distinguishes your coin from competing products. Online advertisements, influencer marketing, or other types of targeted advertising may fall under this category. Establishing alliances with other businesses and groups that can support the promotion of your coin and broaden its appeal is also crucial.
You’re ready to create your token using a no-code token builder, choose a template, customizing it, deploying it, and administering it with built-in tools.
