Creating an altcoin, how complicated is it?

[Balab01]

To create a standing product, you need ICO, even if you create a coin with the help of programmers, you can't  attrac  appropriate investment without a good ICO. At the same time, there are so many risks that everything invested is gone.

[bitor]

But why do you wand to do shitcoin and sold it? If you have really great idea, you can have a deal with some investors and do this job.

[Nebell]

Thanks for the replies all.

I don't want to create a shitcoin, and I'm not interested in getting an ICO as I see it as risky business and my attention span is of a 5 year old so who knows if I'll ever finish it.
But I would love to give to give it a try as a hobby, and who knows maybe even make it something that a lot of people will use.

What programming language do I need to learn?

[Pleione527]

For those who are well knowledge about developing altcoins I guess it is really easy for them to create coins but what's actually the issue is not creating a coin but rather how they will market them knowing the fact that nowadays there's a lot of digital coins are out in the circulation but only few of them are properly marketed or being use by most people so as much as you can create an alt better consider the technology it has so it can compete in the market

[Hiromono]

You do need to be a programmer or hire one to make any modification to an existing cryptocurrency and create a new one. Creating a token is very easy. Creating a new type of a cryptocurrency that doesn’t copy almost any code is very difficult. But since most are open source, copying is possible.

[keung0109]

I mean Polymath covers security tokens. You use their platform to launch your own. Very good project in itself. https://polymath.network/

[alex_kir]

It may be easy to make a coin but it costs a lot of money to promote it. And if no one invests in your currency, it will slowly disappear from the market. So technically you need money to make money.

You have correctly identified everything, it is so, in order to create a coin and also to create a demand for a coin, it is of course necessary to have a lot of money on the deposit in order to at least send out your coin. I'm not talking about the stock exchange, as far as I remember the coin listing costs about 50 BTC

[adurakov]

I've read about people creating altcoin in 2 hours and selling it to someone for 0.1BTC.

So I guess it's not that hard to create a shitcoin.

But what about good coins? What do you need to know to create a coin? I'm not a programmer so I have no clue, but my guess is you need to be a programmer of some kind?
I have a great idea for a coin, but I have no idea how to execute it.

Creating a token on Ethereum or Waves blockchain is pretty easy. Creating a coin is much more complex. You have to create your own blockchain and build an infrastructure for it. But even more complex tast is to write a whitepaper with balanced economy. Our team letitplay.io has being working on advanced attention economy for 6 month and it is still not finished because of huge amount of counsultations with experts.