What Does it take to create a Cryptocoin

[TamaraKul]

You need to become a leader for your team and you should be a good manager, because most of project had died just because of poor managrment during crisis.

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[marcitosi]

Short ways to achieve without risk are buying a site and buying a reting ico, but this is an extremely bad idea and I'd rather not do this

[KolayZdun]

Team and reliable partners is just what you need to make a good coin. If some of your team members may leave project during development stage, it will be bad.

[Red-Apple]

it depends on what kind of cryptocurrency you are planning on making. a shitcoin or a real one?

if you want to create a shitcoin then it is super easy (unfortunately). you just have to have very basic programming skills to copy code and compile it with a new name by changing a bunch of parameters!
creating tokens (ICOs) is even easier.

but if you wanted to create a decent project then it is not easy at all. you have to have expert understanding of cryptography and a lot of programming skills. and on top of that you have to actually have an idea that you want to implement as a new coin otherwise there is no point in creating a new one when thousands exist.

[petrcoin]

Creating a crypto is very easy.

Even there is a crypto machine kind of thing what minereum (another shitcoin) offers. You just pay some mne and you have your owen cryptocoin. But if not something behind it, you would end up with a shitcoin.

[Georgiyk]

Creating your own cryptomonet is a complicated process. After all, to realize your idea, you need to understand the principle of the currency, as well as have skills in programming. Subsequently, you need to invest in its promotion.

[EducoinVietnam]

Besides that, you need to have a good capital, so you should visit summits and conferences to interact with other community members.

[justspare]

it depends on what kind of cryptocurrency you are planning on making. a shitcoin or a real one?

if you want to create a shitcoin then it is super easy (unfortunately). you just have to have very basic programming skills to copy code and compile it with a new name by changing a bunch of parameters!
creating tokens (ICOs) is even easier.

but if you wanted to create a decent project then it is not easy at all. you have to have expert understanding of cryptography and a lot of programming skills. and on top of that you have to actually have an idea that you want to implement as a new coin otherwise there is no point in creating a new one when thousands exist.

He would only get to waste his time in the long run in creating a shit coin as there will be no reasonable investor that will end up wanting to be a part of it. If you know you do not have a good idea, a product to pitch to investors and the right set of attitude when it comes to developing the project for a good success in the long run, then you should not even be bothering yourself.

If you are good at what you do, it does not take much to try and organize a team which conferences can be good in networking brilliant minds, and creating a product in that vein for investors to want to invest in. Nothing is easy, you just have to pay your own dues when it comes to creating something people will love to invest in.

[futile-resistance]

Besides that, you need to have a good capital, so you should visit summits and conferences to interact with other community members.

Well, in respect to trying to interact with community members as well as trying to build a team, which is something that can always come in handy. Creating crypto coin or token is something that is easy to do when you have the knowledge to do so.

However, it is one thing to create a coin or token, and it is another thing to have a product backing it up and not just some ideas or empty promises. Investors are getting wiser by the day, so for anyone who thinks he or she wants to come into this space to end up scamming people or thinking investors will be gullible enough not to discard it, will only be wasting his or her time.

[ichernikov1]

creating new coin as fork is simply, and you need only $25000 for fork btc or eos network
if you want create new network from zero you need ~ $6000000
for creating a dapp in forked network you need $10000+
for creating a dapp in your network you need $50000+

if you want create new coin or fork pm me for examples

skype: ichernikov1
telegram: @ichernikov1

[aces777]

Please i will like to know what it takes to create a cryptocoin, the knowledge that is needed, the capital that should be invested and how to get it promoted for it to be successfully accepted. If there are short ways of achieving this with no risk i will like to know. Thanks.

At this point not much, where you would have much of a problem is if you were going to create a coin that would run on its own blockchain but if you are just going to create a token that runs on the ethereum platform then it does not take more than 30 minutes to create a new token as long as you are careful and you know what you are doing, it should be pretty easy