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Author Topic: How expensive is to create your own coin/token?  (Read 250 times)
BenOnceAgain
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July 11, 2018, 05:17:36 AM
 #21

- If you have a vision, you can gather  a team that would help you achieving your goals.

These are the coins that get my attention. Vision. There really is a lot of great concepts out there, execution is a big part of success/failure and unfortunately there are many that execute poorly.  There's also an endless number of concepts that have yet to make it into anything tangible, some of which are great concepts and I hope to see them get it together.

Dream big. The world is changing in ways never before possible. Crypto is a huge, maybe the hugest, part of that; simply because currency is the modern day equivalent to hunting and gathering, food and shelter. Crypto is changing the world profoundly. Being part of that change is what makes me excited about life.

If you have that drive, and a spark, you can make it work. Don't focus on "getting rich", focus on bringing something of real benefit to the world. You will be rewarded for that, with money yes, but beyond that as well.

Best,
Ben

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actuealth
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July 11, 2018, 09:51:35 PM
 #22

If you are in the USA, the Regulation CrowdFunding (RegCF) exemption from the SEC would allow you to raise a million dollars, but the compliance costs (beforehand) would be 100k. There's also Reg A+, Regulation A plus, that allows you to raise tens of millions from accredited investors, and compliance for that runs into almost a full million dollars.

Then, there are legal fees, and sundry expenses. It might well run into several million dollars when you add the marketing costs, and the costs of running an almost year long road show at various Crypto events around the world.

To sum up, it's something that wouldn't agree well with the faint of heart.
daggny_taggart
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July 12, 2018, 04:52:56 AM
 #23

I had a great idea for one type of coin/toke, but I was wondering how easy or expensive is to execute. I have seen post on this, but all of them scratche the surface.
Thanks.

Here is an article we put together that gives some suggestions on pricing https://medium.com/@BigBreak101/how-much-will-an-ico-cost-fde21fb6a6a7

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