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Shasha80
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April 25, 2021, 07:18:59 AM
 #21

Actually, now there are many services that offer packages to create our own crypto coins at relatively low costs. The problem that you have to think
about when creating your own crypto coin, must have a clear goal. Don't create coins with existing functions, because the number of altcoins
in circulation is already very large. Don't create coins just thinking about profit, because I'm sure if you only think about profit, your project will fail.
The project that you are going to create must have advantages over the coins that are already circulating now.

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MFahad
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April 25, 2021, 08:41:17 AM
 #22

hi i wanted to create my own altcoin . i had some questions  help to where do i start from ??
what do i do where i can gain knowalge about how create own coin ?? what do i need learn >>??
i know python only i dont have any idea about solidity language  but i wanted to learn this language //
is it good idea to have own coin  >>>Huh
( no rugpull and rekt )

Creating an altcoin is not difficult at all but the more difficult thing is it make it valuable so that people are interested in buying that altcoin.
You should ask yourself why you need to create an altcoin, the purpose behind it and what will be project behind that coin which is unique ?
For sure, you will not want to create another shitcoin as there are thousands of them already.









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April 25, 2021, 09:25:02 AM
 #23

If you want to start your project, pay attention to the following things.

  • First of all, you have to think what will be the use case of your coin/token. Because without a good use-case, your coin/token will be useless.
  • Second, you must have a complete plan (roadmap), So that you already know how to take your project forward
  • Third, build a professional team, which will convert your idea into a reality.
  • Forth, write a white paper for your project and try to raise funds privately for kickstart. ( Don't use the copy-paste in your whitepaper )
  • Start a public token sale to raise more money for further development of your project. and list on a good exchange

It is easy to start an altcoin project but it is very difficult to make it successful, only a professional team can do it that's why it is very important to have a good team and a good plan.

Other members can correct me if I am making any mistake in this
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April 25, 2021, 09:34:38 AM
 #24

hi i wanted to create my own altcoin . i had some questions  help to where do i start from ??
what do i do where i can gain knowalge about how create own coin ?? what do i need learn >>??
i know python only i dont have any idea about solidity language  but i wanted to learn this language //
is it good idea to have own coin  >>>Huh
( no rugpull and rekt )
As long as you understand crypto and programming language, of course you will easily be able to make your own altcoins, but after the altcoins have been created, your work is done? Of course not, you need a lot of things to develop these altcoins according to your mission and vision so that they can be accepted and useful for others and what you need most is to build your altcoin community to make it stronger and of course it will require hard work, of course in this you can hire people who are talented or understand cryptocurrency, but you also need to know about how your altcoin will work so that it will foster the trust of people who support your project later.

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April 25, 2021, 11:30:09 AM
 #25

hi i wanted to create my own altcoin . i had some questions  help to where do i start from ??
what do i do where i can gain knowalge about how create own coin ?? what do i need learn >>??
i know python only i dont have any idea about solidity language  but i wanted to learn this language //
is it good idea to have own coin  >>>Huh
( no rugpull and rekt )
The way you sound it's like you have no idea about what your coin will provide to adopters, do you have a solution to few problems affecting crypto presently? Share us your idea then maybe it will worth showing you the way, look around you we have so may good coins and many more useless coins too

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April 25, 2021, 01:42:43 PM
 #26

hi i wanted to create my own altcoin . i had some questions  help to where do i start from ??
what do i do where i can gain knowalge about how create own coin ?? what do i need learn >>??
i know python only i dont have any idea about solidity language  but i wanted to learn this language //
is it good idea to have own coin  >>>Huh
( no rugpull and rekt )

You need to learn a lot of things here dude. By the way, why do you want to create your own token anyway?
Are you aware or knowledgeable about in cryptocurrency? Do you know the disadvantage and advantage of what you are
entering at here mate? Well, if you don't have any idea, I suggest you to study first here before creating your own utility token.

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April 25, 2021, 01:47:57 PM
 #27

Have you ever wondered how much work it will be? It's easy to say "I want to create my own coin." but it could just be because you are being dragged by all the hype and money that are incoming with altcoins.
I'll tell you, it won't be an easy road.
First, you need a team. You will have to offer them something for them to seriously participate.
It can't be like "I will pay you if this will be successful." They will need to feed themselves too.
Then, capital. Combine the problem above and then creating a website, a whitepaper (if needs one) and more.

Think twice.

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April 25, 2021, 07:07:15 PM
 #28

if you want to start your own altcoin, that's fine in my opinion, but this is a big thing, you have to really believe and mature, in terms of knowledge and capital costs, because if you hesitate and fail, then it can be big loss, but whatever your plan I will support it

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April 25, 2021, 07:37:09 PM
 #29

if you want to start your own altcoin, that's fine in my opinion, but this is a big thing, you have to really believe and mature, in terms of knowledge and capital costs, because if you hesitate and fail, then it can be big loss, but whatever your plan I will support it
Yes, it is a big job and it also requires a team that is already professional in this field, because many people who make shitcoin in the crypto space then disappear when they have suffered huge losses, so this is not only about support, but also includes about the extent to which he is proficient in this field.
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April 25, 2021, 08:18:51 PM
 #30

hi i wanted to create my own altcoin . i had some questions  help to where do i start from ??
what do i do where i can gain knowalge about how create own coin ?? what do i need learn >>??
i know python only i dont have any idea about solidity language  but i wanted to learn this language //
is it good idea to have own coin  >>>Huh

You are approaching this the wrong way - putting the cart before the horse. There are already thousands of altcoins in existence and very few of them have been successful. You really need to figure out what new innovation and features you will be offering, to make your coin unique in the marketplace, otherwise it is simply a vanity project. Do not take this the wrong way but it feels like you are quite immature and may struggle to keep a project together, the really successful cryptocurrencies these days have entire developer teams that have worked together for many years. If you genuinely want to learn, look around here for lesser known alt-coins that need assistance in scaling up, so you can build your experience on someone elses project (although you might only be a volunteer at the start).

R


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April 25, 2021, 08:32:36 PM
 #31

How to Build your own Altcoin
Quote
Within 15 minutes, anyone can create and launch a token on the Ethereum blockchain and start using it however they want.

Anyone can create a coin for different reasons, but if there will be demand for it, and consequently a price, then it's another story. What gives value to an altcoin are the features and advantages it offers to the adopters. Altcoins which are plain copies of another coins (most of them) are priceless, obviously.

If you want to have some fun creating your own altcoin go ahead, but if you want to create a currency which will get value along the time you need to study more deeply the subject, as I think you are not ready yet, otherwise you wouldn't be here asking a basic question.

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globalpain
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April 25, 2021, 09:46:33 PM
 #32

why do you want to make your own token yourself? what do you want mate? I hope you don't become a scammer !,
a good crypto currency is one that has good fundamentals too, if tokens are made just for fun then I hope you don't make them,
it's a shame that many people can make their own tokens easily

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April 25, 2021, 11:28:24 PM
 #33

Question is can someone make one coin all by himself? You need lots of working on learning code languages and programs and one who is not a computer professional might not have the time and the expertise to pull that one off. Also, for me I always think of these tokens as something like a crowdfunding campaign using their created coins and tokens. Many tokens have been created and many had pulled off some sort of success. But we need to at least know the very basics of making that coin and make it easy.

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April 26, 2021, 11:40:35 AM
 #34

Its not easy to produce your own coin.

First, you need a huge money. An investors who will gonna fund your project to create such coin to be possible.

Second, what product will you integrate in your project? If not product, what great use will it contribute to the crypto market?

Third, sincerity and legibility is important factors to gain trust from the investors.

There are many things you need to consider before you finally decide to create your own coin.
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April 26, 2021, 12:30:09 PM
 #35

hi i wanted to create my own altcoin . i had some questions  help to where do i start from ??
what do i do where i can gain knowalge about how create own coin ?? what do i need learn >>??
i know python only i dont have any idea about solidity language  but i wanted to learn this language //
is it good idea to have own coin  >>>Huh
( no rugpull and rekt )

Don't be too fast to make a coin that you like. Maybe you are very interested in owning your own coins and seeing a nice chart of the coins you have. it's not easy friends, you should make a design that helps other people know the benefits you make. You should make something that is useful to many people and have a white paper to arrange everything step by step you want. If you don't work hard all of this will be impossible.

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April 26, 2021, 02:02:22 PM
 #36

I haven't looked out specific frameworks that you might need to use with Python just yet, but it is possible with Python and I could recommend sticking with it since it is more readable in case of debugging.
I looked this up in FreeCodeCamp - https://www.freecodecamp.org/news/create-cryptocurrency-using-python/

You might need people to promote your created coin though.
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April 26, 2021, 02:07:27 PM
 #37

OP I would advise you to create something fresh something new something that is not very very common in crypto space because we have thousands of new altcoins today and majority of them have the same exact use cases, the difference between them are not much so the only way to be two steps ahead of these altcoins is to create something new

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April 26, 2021, 02:25:16 PM
 #38

hi i wanted to create my own altcoin . i had some questions  help to where do i start from ??
what do i do where i can gain knowalge about how create own coin ?? what do i need learn >>??
i know python only i dont have any idea about solidity language  but i wanted to learn this language //
is it good idea to have own coin  >>>Huh
( no rugpull and rekt )

I would really think about before going into such a big project. Creating your own coin is an expensive task if you want to do it right and want people to actually buy and sell your coin. The alt coin market is full of dead coins which nobody is trading in, wasting money just to make another dead coin is not a good idea. It might be better to get involved in an already successful coin. If you want to learn about new coins, I would recommend to look at past projects here on the forum and how they managed their new coin.
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April 26, 2021, 02:30:02 PM
 #39

Aside from the programming tools, you need to learn the economics of your altcoin that is if you wanted your altcoin to be traded and used by people.  You should know your goal and needs to plan its growth and development.  But if you only wanted to create your own altcoin without releasing it to the public then you can visit the technical boards of this forum and gather information there.

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April 26, 2021, 02:34:18 PM
 #40

Aside from the programming tools, you need to learn the economics of your altcoin that is if you wanted your altcoin to be traded and used by people.  You should know your goal and needs to plan its growth and development.  But if you only wanted to create your own altcoin without releasing it to the public then you can visit the technical boards of this forum and gather information there.
shitcoin is currently popular with unclear projects and platforms. but they are very popular in several crypto communities with the help of social media. somehow shitcoin like that can be very in demand at this time. some are already looking for a scam and I think that will continue in some other projects.
currently project with real platforms and products that will get attention. not only can be traded in the market. because nowadays it is very easy to see new tokens listed on the DEX exchange.

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