How To Create Your Own Cryptocurrency?

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Have you ever thought of not limiting your interest in the cryptocurrency world to investment, but taking it one step further? E.g; creating your own cryptocurrency?

You can start creating your own cryptocurrency by learning the difference between coins and tokens. Coin has its own Blockchain technology; The token uses an existing blockchain technology. We can briefly describe blockchain technology as a record of transactions made by a network by making it secure. This actually makes coins independent and tokens dependent.

Of course, for both decisions, you need to have a rich technical knowledge and good coding skills. Even if you don't know it, you have to work with someone who does!

In addition, you can use the open source codes on Github and make a few changes to create a Blockchain with a new name.

What to do if there is no technical knowledge and hardware?

You can take advantage of crypto money creation platforms. Let's say you have an average computer knowledge and are interested in the cryptocurrency world. If you have the necessary knowledge about this world, you can create your money on crypto money creation platforms.

Anyway, the site will give you everything and you can only ask the logo of the cryptocurrency, the number of coins, etc. will ask you to specify its characteristics. The necessary infrastructure and directions for this are also available on the site; you can proceed through them.

How to Use the Tokens or Coins I Created?

You may be able to make coins public by supporting them with a smart contract. Tokens can be created as asset representatives even if they have no material value.

Building a new blockchain takes effort and time as much as knowledge. However, creating a token is a very simple process; Since the existing system can be used, you do not need to make extra effort. You can even forget the existence of the token you created as it does not have to carry a serious purpose ...

If you think seriously;

It is indispensable to give value to the coin or token you create, to protect it, to attract attention for its sale and to persuade people to make your initiatives successful. Contracts with a low commission, creating ready-made tokens for a small amount on the site is the easy part.

There may also be coin creators who choose the hard part. But whatever you choose, the real challenge is; To make these coins public and preferred. For this, your job should be your power, the token or coin you created. However, there may be a failed attempt. Because many cryptocurrencies that you have heard or not heard of until now have failed. We are not talking about an easy situation, but it is not impossible. It might be worth a try for you, at least if you have interest and curiosity. Of course, taking all the risks!

Regulation and Society adoption

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