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Author Topic: How to distribute new token  (Read 115 times)
Jessica Ruder (OP)
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May 05, 2020, 01:57:37 AM
 #1

If you create an erc20 token with 20 million supply, how do you distribute it? I understand doing an airdrop, but that would maybe only give away 1 million. So I don't get how these new tokens are trading on exchanges...how did they distribute their token so quickly?
asriloni
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May 05, 2020, 03:34:11 AM
 #2

If you create an erc20 token with 20 million supply, how do you distribute it? I understand doing an airdrop, but that would maybe only give away 1 million. So I don't get how these new tokens are trading on exchanges...how did they distribute their token so quickly?
It's better for you to read this article https://www.toptal.com/ethereum/create-erc20-token-tutorial

I guess there were some methods about how to distribute your ico token but I believe you must create your withdrawal function.

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Akiko
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May 05, 2020, 03:55:16 AM
 #3

If you create an erc20 token with 20 million supply, how do you distribute it? I understand doing an airdrop, but that would maybe only give away 1 million. So I don't get how these new tokens are trading on exchanges...how did they distribute their token so quickly?
if you do not have plan to make an ICOand you want to make an airdrop  you can use https://multisend.co to send multiple transactions in one single fees .

For more information about the website you can read the article here https://www.publish0x.com/scribe/send-eth-and-erc20-tokens-to-multiple-addresses-using-multis-xqy .

Note : I'll never tried this service so make your own research first before using that websites.

Ifemini
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May 05, 2020, 07:31:03 AM
 #4

If you create an erc20 token with 20 million supply, how do you distribute it? I understand doing an airdrop, but that would maybe only give away 1 million. So I don't get how these new tokens are trading on exchanges...how did they distribute their token so quickly?

You need to understand that it is very easy to create an erc20 token, as long as you are able to handle the etherum blockchain smart contract.
Seeing that you are a newbie, you need to first learn how etherum works, how to create a smart contract, and also how to conduct an airdrop.

After understanding this, you can further figure out how to send tokens to multiple addresses using multi send.
Understand the blockchain, and do your own research
Ryushin
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May 05, 2020, 07:57:46 AM
 #5

If you create an erc20 token with 20 million supply, how do you distribute it? I understand doing an airdrop, but that would maybe only give away 1 million. So I don't get how these new tokens are trading on exchanges...how did they distribute their token so quickly?
What is there to understand when you aren't willing to learn? As a newbie you should start from what ERC20 token is and how it works, that's all you need to know, how you aren't trying to create your own token and make people invest on the token? This days everyone wants to be a scammer, God have messy

Gayong88
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May 05, 2020, 11:11:57 AM
 #6

Like buying a new cell phone can not maximize the functions contained in it. the more references it is better 20 million of your plans will be distributed according to what you mean. You can make ERC-20 for stage I.

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