Any guide on how to create a new token in Ethereum?

[farmountain]

Hi

Anybody can share with me on guide of how to create a new token in Ethereum?

how token factory works?

What is the difference between token factory and develop your own smart contract?


Thanks

[1714050667]

1714050667

[mk4]

A 3-second Google search query gave me these guides. Check them out.

https://blockonomi.com/create-ethereum-token/
https://hackernoon.com/create-your-own-ethereum-token-bfa6302084da

Hopefully you're doing this solely for knowledge purposes.

[coupable]

Anybody can share with me on guide of how to create a new token in Ethereum?

First of all, you have to learn coding using 'Solidity' then use this amazing platform that will help you build apps in the top of ethereum : https://ethereum.org/build/

What is the difference between token factory and develop your own smart contract?

Any token built in EVM is indeed a smart-contract that defines the caracteristics and functionalities of the token. Once the smart-contract is lunched in ethereum Mainnet, it can't be modified or deleted; that's why you have to learn soldity coding at deep levels if you want to develop the token by yourself, or hire a coder or buy the service from token factories.
I can't garante you that all token factories are trusted, as if you are not a programmer you will never know what's written in the contract. So you may use a token creation service + audit and hire coders to try it and check for potential vulnerabilities.

[bitmover]

I found this guide as well
https://steemit.com/ethereum/@maxnachamkin/how-to-create-your-own-ethereum-token-in-an-hour-erc20-verified

It is very easy and fast to create your own token. But it will be worthless,  unless it has any use case.