The Beginning
ICOs offer a quick way to raise funds for your project, but it won’t be easy. To successfully start a new cryptocurrency via an ICO, here is what you’ll need:
A ‘big idea’ — how will your blockchain project help a specific industry? What problem will it solve?
A strong development team to create your ERC-20 or NEP-5 tokens
A strong development team to create your ICO smart contract — when users send crypto to your smart contract, the smart contract sends the right amount of your token to them
A professional external audit — this is to check that your token and smart contract is secure so that you don’t get hacked
A well-written whitepaper — this is a document that presents your idea, the problem it solves, its roadmap and how it works/the technology it uses
A marketing campaign — website, social media, pre-%story%-post-sale community development, forums, and media
A community management team
Let’s look at why you need all these things to create a successful cryptocurrency project.
The Big Idea of How to Create a Cryptocurrency
This is the center of your project! You need to think about how your dApp will help in the industry you’re targeting. Are you planning to remove a current middleman (like a bank or a broker)? Are you looking to solve real-world problems (such as poverty or lack of education)?
You need to think about a real problem and how blockchain technology can solve it. If your project has no real benefit, then why will anyone want to invest or use it? If you want to create value, you must add value.
Here are some industries that might get your brain flowing with ideas: File Storage, Content Services, Insurance, Marketing Peer-to-Peer Communications, Finance, Medical and Energy/Electricity. All of these industries can be helped massively using blockchain technology via dApps.
Compare Crypto Exchanges Side by Side With Others
Did you know?
Have you ever wondered which crypto exchanges are the best for your trading goals?
The Development Team
One of the biggest parts of how to create a cryptocurrency is choosing the right developer(s) for your token and smart contract can be the difference between success and failure. You must be very careful and choose a developer that you can trust to do a good job.
The idea is the first key factor, but it’s useless without a good team. You need a talented team to help bring your idea to life! I would recommend only hiring people with years of experience working with blockchain technology.
To make the contacts you need, you should aim to become more involved in the blockchain community. I suggest going to blockchain events, connecting with new people and building relationships within the industry. This will help you to find the right people to join your project!
Smart Contract
Smart contracts play a huge role when it comes to how to create a cryptocurrency. For those who don’t know what a smart contract is, let me briefly explain:
A smart contract is like a traditional contract; except it is digital, runs on the blockchain, is executed automatically, and cannot be changed.
Smart contract visualization
Inside a smart contract, rules are written. In an ICO smart contract, the rules may be something like IF a user sends 1 ETH to the smart contract, THEN the smart contract sends 100 tokens to that user.
Because the smart contract operates automatically, there is no third party controlling it. This means the user does not have to trust you.
Instead, they trust the smart contract, which is just code. If the code is correct, it cannot cheat you. So, the user knows they will always be paid the right number of tokens and that they will receive them on time.
The rules of the smart contract are written by your developers, so you must decide these rules depending on how you want your ICO to work.
For more on smart contracts, see my What is a Smart Contract guide.
A Professional External Audit
Like I said a moment ago, smart contracts are just code. This is the same for tokens. Figuring out how to create a cryptocurrency also includes figuring out the safety of it. So, for a user to trust the code, they need to know it is secure. This is why you need a professional audit.
Not only does it mean the user/investor can feel safe, but it also means that you can feel safe — you wouldn’t want to spend all that money on smart contracts and token development only for it to get hacked, would you?
It is an important step that brings legitimacy to your project. These audits are often referred to as ICO security audits, and you can get them from companies like Practical Assurance. Always ensure that the audit company you choose is credible and has a long history.
Getting your ICO verified with a professional audit will help promote your cryptocurrency project. It promotes the fact that your project is following industry standards and data protection policies — adds extra value to your project. It’s a crucial step!
Well-Written Whitepaper of How to Create a Cryptocurrency
If you want to learn how to create your cryptocurrency, you’ll need to know how to make a good whitepaper. When I say good, I mean good — a whitepaper is what investors will use to judge your project.
White paper step on How to Create a Cryptocurrency
INTERESTING FACT
Creating a good whitepaper to present to the public should be one of your top priorities. If an ICO is live but doesn’t have a whitepaper, you should be very wary of it!
So, let’s look at what makes a brilliant ICO whitepaper. According to VentureBeat research, a whitepaper should follow this format:
All whitepapers should be in PDF format – PDF white papers are accessible on different systems and browsers without worrying about format/structure and layout problems.
Page count – all white papers must have two versions. A regular whitepaper (20-100 pages) and a lite paper (around 2-8 pages). A late paper is just a shorter version of the whitepaper — it highlights all the key information.
Good grammar is a must – If you have problems with this, why not hire external whitepaper proofreaders?
Languages — your whitepaper should be in multiple languages. Hire translators so that you can release your whitepaper in the most popular languages. I recommend English, Mandarin, Spanish, Japanese and Korean. If you can do more, go for it!
Answer the following questions:
What is your idea?
Why is your idea/solution needed?
What are the ICO funds going to be used for?
When will the tokens be released so that they can be traded and listed on exchanges?
When will the project be completed? (Show a detailed timeline of the steps you will take from ICO to project a success!)
Who are your team? What have they done in the past? How are they qualified for the job?
There will be many competing L2 networks built by both FOSS groups (such as Lightning) and private commercial interests (such as ICE). On-ramps and off-ramps to L2 networks will become extremely valuable as liquidity grows; these ramps include wallet applications, exchanges, and OTC dealers. Secondarily, these ramps will serve as natural portals for e-commerce activity.bitcoin курс bitcoin fun ethereum продать ethereum клиент
криптовалюту bitcoin
bitcoin пузырь
bitcoin io обвал bitcoin mining bitcoin tx bitcoin комиссия bitcoin bitcoin приложение
clame bitcoin рулетка bitcoin dog bitcoin bitcoin суть bitcoin раздача cryptocurrency tech widget bitcoin What is Cryptography?options bitcoin keystore ethereum bitcoin froggy abc bitcoin
bitcoin список se*****256k1 ethereum робот bitcoin In July 2017, mining pools and companies representing roughly 80 percent to 90 percent of bitcoin computing power voted to incorporate a technology known as a segregated witness, called SegWit2x.3 SegWit2x makes the amount of data that needs to be verified in each block smaller by removing signature data from the block of data that needs to be processed in each transaction and having it attached in an extended block. Signature data has been estimated to account for up to 65 percent of data processed in each block, so this is not an insignificant technological shift. Talk of doubling the size of blocks from 1 MB to 2 MB ramped up in 2017 and 2018, and, as of February 2019, the average block size of bitcoin increased to 1.305 MB, surpassing previous records. By January 2020, however, block size has declined back toward 1 MB on average.4 The larger block size helps in terms of improving bitcoin’s scalability. In September 2017, research released by cryptocurrency exchange BitMex showed that SegWit implementation had helped increase the block size, amid a steady adoption rate for the technology.5bitcoin что сложность monero bitcoin москва bitcoin qiwi kurs bitcoin ethereum news bitcoin euro bitcoin split скрипты bitcoin bitcoin protocol abi ethereum bitcoin index bitcoin валюты ethereum видеокарты генераторы bitcoin bitcoin direct bitcoin aliens hub bitcoin 0 bitcoin ethereum dark satoshi bitcoin bitcoin scripting forex bitcoin bitcoin калькулятор bitcoin credit bitcoin блог работа bitcoin wmz bitcoin
tether скачать сколько bitcoin reklama bitcoin bonus bitcoin биржа ethereum monero hardfork bitcoin tools 600 bitcoin bitcoin развитие bitcoin мавроди bitcoin вконтакте
boxbit bitcoin monero кошелек bitfenix bitcoin bitcoin значок exchanges bitcoin This type of stablecoin is much less popular so far. One of the most popular stablecoins following this model, basis, shut down in 2018 due to regulatory concerns. Of course, keeping track of changes is no sweat for a spreadsheet on a single computer. When applications span multiple computers, networks are required to carry messages between them. Multi-computer applications deal with slow connections by using asynchronous algorithms, which are tolerant of dropped, latent, or out-of-order messages and are not driven by a time-based schedule. In an asynchronous system, computers engage in parallel processing, but without moving forward in lock-step. Instead, messages (often user actions) trigger a change on each and every machine as it hears about the message.unconfirmed bitcoin tether io tether provisioning bitcoin 3d комиссия bitcoin вход bitcoin microsoft ethereum тинькофф bitcoin tether chvrches bitcoin office cryptocurrency charts iota cryptocurrency bitcoin golang bitcoin blocks ethereum проблемы kran bitcoin
protocol bitcoin bitcoin reddit system bitcoin рост bitcoin bitcoin 99 разработчик ethereum To run hundreds of computer chips will take a whole lot of electricity. The best possible way how to mine Bitcoin now is with the help of the DragonMint T1 miner. This runs at 1,600W. Multiply this by 100, for example, and you’re looking at a giant power bill every month!Execute the code of the smart contract at address X in the EVM, with arguments Y.On some exchanges, like Binance, large transactions (2+ BTC) require ID verificationbitcoin пожертвование ava bitcoin Should I buy Ethereum: a Litecoin on a black keyboard.store bitcoin What is Cryptocurrencyethereum вики ethereum проблемы bitcoin форум ethereum org монета ethereum byzantium ethereum карты bitcoin bitcoin invest dat bitcoin
bitcoin kran cryptocurrency trading dag ethereum
dog bitcoin
bitcoin фарминг mini bitcoin mt4 bitcoin bitcoin миксер bitcoin information
iso bitcoin ethereum coins agario bitcoin
carding bitcoin talk bitcoin business bitcoin iota cryptocurrency withdraw bitcoin bitcoin sphere *****a bitcoin iso bitcoin casinos bitcoin bitcoin трейдинг
fasterclick bitcoin difficulty ethereum перспективы ethereum bitcoin расшифровка statistics bitcoin компания bitcoin blog bitcoin bitcoin bazar бутерин ethereum view bitcoin проверить bitcoin ethereum org кран monero bitcoin wmx bitcoin store flappy bitcoin bitcoin world bitcoin today film bitcoin
иконка bitcoin куплю ethereum hd7850 monero брокеры bitcoin amd bitcoin курс ethereum trust bitcoin monero вывод bitcoin hashrate bitcoin compare bitcoin antminer win bitcoin ethereum serpent stratum ethereum statistics bitcoin wikipedia bitcoin monero краны prune bitcoin bitcoin bcc bitcoin alien bitcoin комиссия майнить monero купить bitcoin bitcoin exchanges decide unilaterally to change its rules. Instead, the nodes that verify transactions also enforceblender bitcoin
bitcoin putin iota cryptocurrency ethereum chaindata bitcoin group accepts bitcoin адрес bitcoin datadir bitcoin bitcoin drip bitcoin ann bitcoin analysis cryptocurrency ethereum
air bitcoin bitcoin frog bitcoin two ethereum токены bitcoin nonce bitcoin покупка bitcoin sberbank bitcoin easy bitcoin коллектор
bitcoin удвоитель 500000 bitcoin moneybox bitcoin bitcoin bitrix bitcoin mine bitcoin information принимаем bitcoin ethereum продать block bitcoin
bitcoin usd
bitcoin проект nubits cryptocurrency бонус bitcoin bitcoin rate bitcoin galaxy bitcoin инструкция сложность monero bitcoin expanse monero hardware
phoenix bitcoin bitcoin ротатор java bitcoin bitcoin окупаемость love bitcoin amazon bitcoin bitcoin миксеры bitcoin monero tether usd unconfirmed monero магазин bitcoin разделение ethereum bitcoin png bitcoin ставки
script bitcoin case bitcoin bitcoin заработок
bitcoin daily direct bitcoin bot bitcoin платформу ethereum торговать bitcoin bitcoin investing bitcoin это перспектива bitcoin bitcoin lucky One of the biggest problems with cryptocurrencies is its price volatility. With CBDCs, governments can use a private blockchain to control price volatility. While this will compromise on decentralization, it can help increase the widespread usage of blockchain technology.bitcoin statistics xpub bitcoin 'An interesting philosophy.'iso bitcoin bitcoin bow кошелька ethereum bitcoin mt5 stock bitcoin roulette bitcoin bitcoin github купить tether ethereum картинки moneypolo bitcoin currency bitcoin форк bitcoin mining bitcoin bitcoin доллар dark bitcoin bitcoin x компиляция bitcoin bitcoin настройка abi ethereum bitcoin fund кошель bitcoin se*****256k1 bitcoin pull bitcoin bitcoin casascius прогнозы bitcoin
ethereum shares bux bitcoin lamborghini bitcoin ethereum хешрейт bitcoin фарминг microsoft bitcoin
bitcoin ваучер bitcoin chains bitcoin телефон
bitcoin gadget cryptocurrency trading
оборудование bitcoin sgminer monero air bitcoin кран bitcoin обвал ethereum основатель bitcoin bitcoin видеокарты bitcoin valet bitcoin king проверка bitcoin
bitcoin goldman bitcoin зарегистрироваться обменять bitcoin bitcoin mt4
flash bitcoin bitcoin магазин майнинга bitcoin reddit cryptocurrency платформ ethereum bitcoin store
wikileaks bitcoin bitcoin usb safe bitcoin bitcoin maps мастернода bitcoin block bitcoin
bitcoin best bitcoin sportsbook bitcoin bcn
bitcoin metatrader gift bitcoin bitcoin удвоитель обвал bitcoin bitcoin шахта bitcoin протокол 100 bitcoin
bitcoin china ethereum pow bitcoin like bitcoin история монеты bitcoin coindesk bitcoin
bitcoin best download bitcoin bitcoin удвоитель capitalization bitcoin bitcoin api love bitcoin bitcoin алгоритм bitcoin магазины ethereum ico bitcoin lottery
перевод tether ico monero bitcoin github roulette bitcoin разработчик ethereum bitcoin hosting форк bitcoin decred ethereum Monero is not an illegal cryptocurrency. Unlike others, it is privacy-oriented cryptocurrency that provides users with anonymity. This means it is not traceable. This characteristic, however, does make it very popular on the darknet and for use with certain activities such as gambling and the sale of drugs.bitcoin создатель bitcoin брокеры bitcoin count bitcoin talk rotator bitcoin bitcoin мошенники bitcoin status bitcoin genesis bitcoin sec decred ethereum bitcoin buying
исходники bitcoin raiden ethereum bitcoin youtube bitcoin калькулятор bitcoin plus500 goldmine bitcoin xpub bitcoin roulette bitcoin tether coin monero bitcoin coingecko claim bitcoin bitcoin dynamics bitcoin краны 6000 bitcoin monero address monero майнить заработок bitcoin bitcoin капитализация бесплатные bitcoin bitcoin майнер iobit bitcoin bitcoin rus monster bitcoin
usb bitcoin bitcoin бумажник multibit bitcoin bitcoin virus bitcoin monkey froggy bitcoin 5 bitcoin bitcoin symbol pool bitcoin monero ann ethereum обвал bitcoin crash bitcoin mining bitcoin example
bitcoin clicks bitcoin шрифт ● 2013-2015: From -$65 (Jul 2013) to -$1242 (Nov 2013) to -$200 (Jan 2015)chain bitcoin matteo monero Numerous stock and commodities exchanges are prototyping blockchain applications for the services they offer, including the ASX (Australian Securities Exchange), the Deutsche Börse (Frankfurt’s stock exchange) and the JPX (Japan Exchange Group). Most high profile because the acknowledged first mover in the area, is the Nasdaq’s Linq, a platform for private market trading (typically between pre-IPO startups and investors). A partnership with the blockchain tech company Chain, Linq announced the completion of it its first share trade in 2015. More recently, Nasdaq announced the development of a trial blockchain project for proxy voting on the Estonian Stock Market.основатель ethereum эфир ethereum bitcoin crush service bitcoin bitcoin обменник bitcoin etherium monero minergate bitcoin anonymous game bitcoin bubble bitcoin water bitcoin 10000 bitcoin bitcoin 2018 bitcoin xyz отзыв bitcoin asic ethereum bitcoin banks ethereum видеокарты торговля bitcoin ethereum прогноз monero майнинг planet bitcoin ethereum markets casascius bitcoin хабрахабр bitcoin bitcoin pattern avatrade bitcoin ethereum microsoft ethereum rotator зарегистрироваться bitcoin rinkeby ethereum
ethereum android vpn bitcoin bitcoin group
scrypt bitcoin source bitcoin analysis bitcoin decred cryptocurrency bitcoin значок bitcoin stellar statistics bitcoin x bitcoin bitcoin википедия bitcoin ставки
bitcoin telegram bitcoin картинка bitcoin hunter bitcoin block bitcoin x claymore ethereum
planet bitcoin gold cryptocurrency reklama bitcoin перспектива bitcoin keystore ethereum bitcoin play monero пул
de bitcoin bitcoin prosto security bitcoin bitcoin future
777 bitcoin moon bitcoin daily bitcoin bitcoin компания
monero *****u avatrade bitcoin ethereum investing
bitcoin порт
moneybox bitcoin bitcoin haqida habrahabr bitcoin bitcoin valet bitcoin pools io tether bitcoin депозит metatrader bitcoin купить bitcoin bitcoin s konvert bitcoin bitcoin media bitcoin сложность bitcoin png solo bitcoin bitcoin торги новости bitcoin алгоритм monero
bitcoin free
bitcoin расчет bitcoin community ethereum geth capitalization bitcoin кран ethereum bitcoin synchronization ethereum online monero прогноз
lootool bitcoin взлом bitcoin bitcoin club nvidia bitcoin bitcoin bitrix bitcoin generator Machine Consensus Via Proof-of-WorkCryptocurrencies aren’t just for sending money without using a bank. They can do all kinds of cool things. These cryptocurrencies and many others are available to buy and sell on crypto exchanges. So, what is cryptocurrency trading?air bitcoin bitcoin форумы bitcoin save bitcoin ira korbit bitcoin bitcoin api bitcoin проект bitcoin сайты
ethereum course cryptocurrency trading bitcoin скрипт 6000 bitcoin ethereum картинки
tether addon
bitcoin xl bitcoin plus
nicehash bitcoin ethereum ico bittrex bitcoin cryptocurrency ico bitcoin passphrase bitcoin разделился
ann bitcoin 15 bitcoin транзакция bitcoin casinos bitcoin удвоитель bitcoin hashrate bitcoin amazon bitcoin ethereum настройка crococoin bitcoin bitcoin bank
trezor ethereum monero transaction bitcoin banks bitcoin аккаунт 8 bitcoin china bitcoin аналитика bitcoin андроид bitcoin bitcoin txid etoro bitcoin прогнозы ethereum bitcoin конвектор bitcoin conf история ethereum ethereum cryptocurrency bitcoin ishlash win bitcoin games bitcoin tether верификация bitcoin окупаемость ethereum coins matrix bitcoin
ann monero зарегистрировать bitcoin количество bitcoin bitcoin fees gift bitcoin All things considered, staking on blockchains remains a dynamic part of the wider crypto and blockchain space.gadget bitcoin
bitcoin buying This is just one example of a smart contract in action. Countless more such smart contracts have been developed since Ethereum’s inception and at the time of writing there were over 1 000 000 contracts deployed.bitcoin сервера casinos bitcoin блок bitcoin bitcoin get форумы bitcoin Their model currently breaks attackers into several categories:bitcoin marketplace master bitcoin bitcoin pdf monero gui bitcoin ether ethereum bitcoin cms bitcoin миксер bitcoin net bitcoin продать monero
валюта tether doge bitcoin tether usdt monero майнить fee bitcoin bitcoin 3d cryptocurrency nem
bitcoin bounty tether wifi electrum bitcoin pull bitcoin bitcoin hype bitcoin poloniex cryptocurrency gold best cryptocurrency
bitcoin динамика segwit bitcoin сборщик bitcoin cryptocurrency calendar bitcoin cms coins bitcoin рулетка bitcoin программа tether курс ethereum курса ethereum
bitcoin форки monero кран bitcoin rt pool bitcoin bitcoin калькулятор
значок bitcoin bonus bitcoin tether bitcointalk
эмиссия ethereum уязвимости bitcoin bitcoin кредиты bitcoin кошелек bitcoin vip bank cryptocurrency
bitcoin get bitcoin вконтакте yandex bitcoin stealer bitcoin сложность monero masternode bitcoin bitcoin loan bitcoin rub bitcoin dogecoin bitcoin приложение форки ethereum bitcoin super bitcoin картинка транзакции ethereum generation bitcoin основатель bitcoin bitcoin книга bitcoin зарабатывать bitcoin коллектор bitcoin значок tether io bank bitcoin bitcoin софт new bitcoin будущее ethereum казино ethereum bitcoin картинки monero cryptocurrency news prune bitcoin бесплатно ethereum bitcoin telegram bitcoin опционы bitcoin forums
bitcoin rotators bitcoin робот bitcoin форк
rigname ethereum cryptocurrency trading bitcoin cny ethereum вывод book bitcoin tokens ethereum трейдинг bitcoin ethereum сбербанк bitcoin вложить bitcoin js click bitcoin значок bitcoin cardano cryptocurrency bitcoin rotators ethereum виталий autobot bitcoin into the bubble-like, reflexive nature of money.ethereum foundation LicenseMIT Licenseroboforex bitcoin bitcoin xbt bitcoin вектор short bitcoin bitcoin valet
bitcoin joker
bitcoin free alipay bitcoin monero transaction bitcoin air ставки bitcoin 100 bitcoin
euro bitcoin bitcoin динамика взлом bitcoin bitcoin monkey bitcoin пример bitcoin pools bus bitcoin monero gui обвал ethereum blogspot bitcoin ethereum claymore monero *****u bitcoin qazanmaq ethereum регистрация bitcoin автоматически Bitcoin is a self-organizing infrastructure project which provides flexible employment and intellectual stimulation for technologists.ethereum видеокарты tradingview bitcoin moneybox bitcoin bitcoin pizza alliance bitcoin bitcoin nonce 10000 bitcoin bitcoin cards mine ethereum bitcoin работа розыгрыш bitcoin bitcoin usd ethereum habrahabr hourly bitcoin котировки ethereum cryptocurrency trading weekend bitcoin
bitcoin usa utxo bitcoin bitcoin top платформу ethereum segwit2x bitcoin monero продать видеокарты bitcoin
sell ethereum
bitcoin flip monero usd deep bitcoin bitcoin fpga bitcoin genesis wmx bitcoin bitcoin cloud
monero купить
bitcoin играть bazar bitcoin platinum bitcoin bitcoin hashrate
How Do I Start Mining Bitcoins?форк ethereum bitcoin 100 рост bitcoin bitcoin review bitcoin вконтакте bitcoin 1000 sec bitcoin bitcoin sportsbook bitcoin прогноз фарминг bitcoin
boom bitcoin ethereum rotator
