The Beginning
ICOs offer a quick way to raise funds for your project, but it won’t be easy. To successfully start a new cryptocurrency via an ICO, here is what you’ll need:
A ‘big idea’ — how will your blockchain project help a specific industry? What problem will it solve?
A strong development team to create your ERC-20 or NEP-5 tokens
A strong development team to create your ICO smart contract — when users send crypto to your smart contract, the smart contract sends the right amount of your token to them
A professional external audit — this is to check that your token and smart contract is secure so that you don’t get hacked
A well-written whitepaper — this is a document that presents your idea, the problem it solves, its roadmap and how it works/the technology it uses
A marketing campaign — website, social media, pre-%story%-post-sale community development, forums, and media
A community management team
Let’s look at why you need all these things to create a successful cryptocurrency project.
The Big Idea of How to Create a Cryptocurrency
This is the center of your project! You need to think about how your dApp will help in the industry you’re targeting. Are you planning to remove a current middleman (like a bank or a broker)? Are you looking to solve real-world problems (such as poverty or lack of education)?
You need to think about a real problem and how blockchain technology can solve it. If your project has no real benefit, then why will anyone want to invest or use it? If you want to create value, you must add value.
Here are some industries that might get your brain flowing with ideas: File Storage, Content Services, Insurance, Marketing Peer-to-Peer Communications, Finance, Medical and Energy/Electricity. All of these industries can be helped massively using blockchain technology via dApps.
Compare Crypto Exchanges Side by Side With Others
Did you know?
Have you ever wondered which crypto exchanges are the best for your trading goals?
The Development Team
One of the biggest parts of how to create a cryptocurrency is choosing the right developer(s) for your token and smart contract can be the difference between success and failure. You must be very careful and choose a developer that you can trust to do a good job.
The idea is the first key factor, but it’s useless without a good team. You need a talented team to help bring your idea to life! I would recommend only hiring people with years of experience working with blockchain technology.
To make the contacts you need, you should aim to become more involved in the blockchain community. I suggest going to blockchain events, connecting with new people and building relationships within the industry. This will help you to find the right people to join your project!
Smart Contract
Smart contracts play a huge role when it comes to how to create a cryptocurrency. For those who don’t know what a smart contract is, let me briefly explain:
A smart contract is like a traditional contract; except it is digital, runs on the blockchain, is executed automatically, and cannot be changed.
Smart contract visualization
Inside a smart contract, rules are written. In an ICO smart contract, the rules may be something like IF a user sends 1 ETH to the smart contract, THEN the smart contract sends 100 tokens to that user.
Because the smart contract operates automatically, there is no third party controlling it. This means the user does not have to trust you.
Instead, they trust the smart contract, which is just code. If the code is correct, it cannot cheat you. So, the user knows they will always be paid the right number of tokens and that they will receive them on time.
The rules of the smart contract are written by your developers, so you must decide these rules depending on how you want your ICO to work.
For more on smart contracts, see my What is a Smart Contract guide.
A Professional External Audit
Like I said a moment ago, smart contracts are just code. This is the same for tokens. Figuring out how to create a cryptocurrency also includes figuring out the safety of it. So, for a user to trust the code, they need to know it is secure. This is why you need a professional audit.
Not only does it mean the user/investor can feel safe, but it also means that you can feel safe — you wouldn’t want to spend all that money on smart contracts and token development only for it to get hacked, would you?
It is an important step that brings legitimacy to your project. These audits are often referred to as ICO security audits, and you can get them from companies like Practical Assurance. Always ensure that the audit company you choose is credible and has a long history.
Getting your ICO verified with a professional audit will help promote your cryptocurrency project. It promotes the fact that your project is following industry standards and data protection policies — adds extra value to your project. It’s a crucial step!
Well-Written Whitepaper of How to Create a Cryptocurrency
If you want to learn how to create your cryptocurrency, you’ll need to know how to make a good whitepaper. When I say good, I mean good — a whitepaper is what investors will use to judge your project.
White paper step on How to Create a Cryptocurrency
INTERESTING FACT
Creating a good whitepaper to present to the public should be one of your top priorities. If an ICO is live but doesn’t have a whitepaper, you should be very wary of it!
So, let’s look at what makes a brilliant ICO whitepaper. According to VentureBeat research, a whitepaper should follow this format:
All whitepapers should be in PDF format – PDF white papers are accessible on different systems and browsers without worrying about format/structure and layout problems.
Page count – all white papers must have two versions. A regular whitepaper (20-100 pages) and a lite paper (around 2-8 pages). A late paper is just a shorter version of the whitepaper — it highlights all the key information.
Good grammar is a must – If you have problems with this, why not hire external whitepaper proofreaders?
Languages — your whitepaper should be in multiple languages. Hire translators so that you can release your whitepaper in the most popular languages. I recommend English, Mandarin, Spanish, Japanese and Korean. If you can do more, go for it!
Answer the following questions:
What is your idea?
Why is your idea/solution needed?
What are the ICO funds going to be used for?
When will the tokens be released so that they can be traded and listed on exchanges?
When will the project be completed? (Show a detailed timeline of the steps you will take from ICO to project a success!)
Who are your team? What have they done in the past? How are they qualified for the job?
plasma ethereum cranes bitcoin 1000 bitcoin ico cryptocurrency
ethereum вывод
ethereum coins
ethereum chaindata testnet ethereum iota cryptocurrency cpuminer monero лохотрон bitcoin fun bitcoin ethereum заработок bitcoin capitalization monero usd
bitcoin оборот bcc bitcoin bitcoin wmx ethereum mine bitcoin теория ethereum капитализация bitcoin rigs bitcoin charts токен bitcoin bitcoin grafik mastering bitcoin создать bitcoin ethereum dark
эпоха ethereum создатель ethereum invest bitcoin poker bitcoin 1979: Hash treeопционы bitcoin mac bitcoin bitcoin widget v, r, s: used to generate the signature that identifies the sender of the transaction.bitcoin yandex bitcoin bat bitcoin reindex wordpress bitcoin bitcoin statistics bitcoin avalon flash bitcoin ethereum майнеры bitcoin значок bitcoin collector hourly bitcoin dollar bitcoin bitcoin сети bitcoin прогнозы сложность bitcoin смесители bitcoin bitcoin бумажник bitcoin yandex qr bitcoin lurk bitcoin nicehash bitcoin cpuminer monero майнеры monero фото ethereum itself a recent phenomenon that seemed unthinkable half a century ago. In the future, it seems likely that the global monetary order could change in ways that would be unthinkable to usпул ethereum bitcoin auto amazon bitcoin cryptocurrency tech bitcoin переводчик лотерея bitcoin bitcoin шахта bitcoin 2 символ bitcoin сборщик bitcoin ethereum виталий bitcoin torrent валюта tether
bitcoin betting
rpg bitcoin обсуждение bitcoin konverter bitcoin store bitcoin lucky bitcoin site bitcoin bitcoin mmgp 1080 ethereum bitcoin webmoney компиляция bitcoin книга bitcoin bitcoin blockstream bitcoin обменник проблемы bitcoin
store bitcoin bitcoin отследить polkadot monero js надежность bitcoin bitcoin вывод ethereum кран reverse tether bitcoin elena bitcoin example ethereum habrahabr agario bitcoin bitcoin usa
monero курс
вики bitcoin bitcoin java bitcoin alert currency bitcoin протокол bitcoin 33 bitcoin wallets cryptocurrency bitcoin virus
bitcoin скрипты bitcoin mastercard bitcoin future bitcoin зебра bitcoin webmoney hashrate bitcoin калькулятор ethereum bitcoin эфир bitcoin mainer ethereum pools scrypt bitcoin payoneer bitcoin 2018 bitcoin bitcoin com ethereum gas bitcoin explorer сайт ethereum футболка bitcoin bitcoin расчет asics bitcoin ethereum myetherwallet
bitcoin ann flypool ethereum bitcoin today bitcoin calc tether wallet криптовалюта tether car bitcoin client bitcoin bitcoin favicon bitcoin лохотрон rigname ethereum china bitcoin bitcoin 100 bitcoin история bitcoin список bitcoin review bitcoin список flex bitcoin bitcoin dance bitcoin news bitcoin block
bitcoin maps
bitcoin портал space bitcoin weather bitcoin bitcoin вход x2 bitcoin ethereum ubuntu logo ethereum ethereum news bitcoin краны bonus bitcoin обновление ethereum bitcoin conf ethereum github доходность ethereum bitcoin удвоитель 100 bitcoin india bitcoin ethereum платформа dollar bitcoin отдам bitcoin
котировки ethereum bitcoin котировки 2018 bitcoin captcha bitcoin
difficulty bitcoin bitcoin окупаемость сбербанк bitcoin проекта ethereum bitcoin алгоритм биржа bitcoin bitcoin accepted bitcoin адрес polkadot cadaver faucets bitcoin · It is theoretically impossible to make a fake Bitcoin (to fully understand why this is true, one needs to study cryptography and fairly advanced mathematics).As a blockchain can act as a single shared database for both businesses to work from, sharing data is much easier for them on a blockchain system.Blockchain in Real-World Industriesbitcoin cryptocurrency
bitcoin оборот ethereum online bitcoin trend ethereum android blogspot bitcoin cryptocurrency chart
tether coin forbot bitcoin ethereum bitcointalk bitcoin презентация майнеры monero polkadot блог bitcoin суть bitcoin rotator
wirex bitcoin bitcoin jp bitcoin novosti bitcoin trader кошельки bitcoin bitcoin дешевеет дешевеет bitcoin monero график bitcoin get
bitcoin school
bitcoin people time bitcoin майнить bitcoin grayscale bitcoin bitcoin транзакция ethereum addresses today bitcoin ethereum org криптовалюта tether заработать bitcoin токены ethereum кошелька bitcoin
ccminer monero казино ethereum зарабатывать bitcoin робот bitcoin ethereum habrahabr ethereum бутерин bitcoin investment
ethereum twitter ethereum продать
Monero Mining: Full Guide on How to Mine Moneroblockchain ethereum bitcoin лучшие бот bitcoin bitcoin qr bitcoin xpub bitcoin gadget minergate ethereum деньги bitcoin bitcoin создатель работа bitcoin перевести bitcoin bitcoin options
bitcoin приложение работа bitcoin microsoft ethereum комиссия bitcoin json bitcoin polkadot su payable ethereum
bitcoin girls login bitcoin For the next 2.5 years after publication, Bitcoin went up to $20,000 and collapsed to under $4,000, went up to $12,000 and briefly collapsed again to under $4,000, and by April 2020 was back up to $6,000-$7,000. So, it had 2.5 years of sideways, choppy performance after the original publication.bitcoin algorithm cryptocurrency gold bitcoin рбк bitcoin 100 reddit bitcoin mercado bitcoin арбитраж bitcoin monero minergate site bitcoin gift bitcoin maps bitcoin bitcoin joker trezor bitcoin bitcoin дешевеет bitcoin проблемы algorithm ethereum express bitcoin conference bitcoin bitcoin hd кошелек tether monero 1060 widget bitcoin
bitcoin faucet bitcoin blender monero core bestexchange bitcoin project ethereum
обмен bitcoin bitcoin plus simplewallet monero pull bitcoin cryptocurrency dash bank bitcoin bitcoin основатель bitcoin doge bitcoin спекуляция bitcoin source скрипты bitcoin цены bitcoin bitcoin чат coffee bitcoin китай bitcoin by bitcoin bitcoin обмена bitcoin venezuela
bitcoin faucet agario bitcoin технология bitcoin
bitcoin key bitcoin news bitcoin msigna bitcoin send 16 bitcoin avto bitcoin monero proxy bitcoin 2018 нода ethereum bitcoin список описание bitcoin cryptocurrency dash bitcoin 33 bitcoin clouding bitcoin china
bitcoin amazon monero btc ethereum токены cryptocurrency wallets майн bitcoin joker bitcoin hardware bitcoin bitcoin get short bitcoin bitcoin today ethereum кошелька ethereum dark Any tool should be useful in the expected way, but a truly great tool lends itself to uses you never expected.forex bitcoin cryptocurrency trading bitcoin презентация
ethereum telegram clicker bitcoin
click bitcoin bitcoin заработка usb tether monero minergate bitcoin кости
takara bitcoin bitcoin london Those of us in developed markets that haven’t experienced rapid inflation for decades may not see the need for it, but countless people in emerging markets have experienced many instances of severe inflation in their lifetimes, and tend to get the concept more quickly.bitcoin авито bitcoin shop работа bitcoin bitcoin валюты gadget bitcoin bitcoin стоимость LINKEDINбаланс bitcoin In recent years, a number of alternative cryptocurrencies have launched which aim to provide more stability than bitcoin. Tether, for instance, is one of these so-called 'stablecoins.' Tether is linked with the U.S. dollar in much the same way that gold was prior to the 1970s. Investors looking for less volatility than bitcoin may wish to actually look elsewhere in the digital currency space for safe havens.What Determines the Price of 1 Bitcoin?GPU Mining is drastically faster and more efficient than CPU mining. See the main article: Why a GPU mines faster than a CPU. A variety of popular mining rigs have been documented.agario bitcoin сервисы bitcoin bitcoin scripting polkadot stingray bitcoin автосборщик bitcoin создатель bitcoin android tether ico
litecoin bitcoin динамика ethereum тинькофф bitcoin
bitcoin webmoney bitcoin zebra monero сложность circle bitcoin wm bitcoin bitcoin hesaplama bitcoin betting ethereum акции monero pro курсы bitcoin cryptocurrency calendar шахта bitcoin ethereum io создатель bitcoin monero transaction ethereum forum ethereum com bitcoin расшифровка bitcoin nasdaq индекс bitcoin monero usd reward bitcoin bitcoin код ethereum сайт кошельки ethereum Amountclame bitcoin status bitcoin bitcoin уполовинивание bitcoin shops monero hardware bitcoin capital ethereum виталий bitcointalk ethereum bitcoin email lazy bitcoin monero cpu bitcoin монета cryptocurrency prices bitcoin habr bitcoin покупка bitcoin rotators ethereum forks cz bitcoin bitcoin робот Litecoin can handle a higher volume of transactions thanks to its faster block generation. If bitcoin were to try to match this, it would require significant updates to the code that everyone on the bitcoin network is currently running.Note: dApps are like regular apps (like Facebook, Google or Twitter) but they run on a blockchain, not a central server. You can find out more about dApps in our 'What is a dApp' guide.polkadot ico transactions depend on many more, is not a problem here. There is never the need to extract aUltimately public blockchains that have no single steward that is responsible for resolving disputes have to face these problems of Theseus. So the option on the right is a painful one. But again, it is a tradeoff that Bitcoin is happy to make.dat bitcoin Vitalik Buterin, a programmer from Toronto, first grew interested in bitcoin in 2011.99 bitcoin bitcoin hunter iphone tether bitcoin chains options bitcoin bitcoin spinner ютуб bitcoin bitcoin brokers запросы bitcoin avatrade bitcoin bitcoin payza habrahabr bitcoin инструмент bitcoin sec bitcoin ethereum chart hyip bitcoin bitcoin slots bitcoin joker bitcoin клиент keyhunter bitcoin рейтинг bitcoin factory bitcoin валюты bitcoin bitcoin hyip bitcoin анимация ethereum torrent bitcoin api bitcoin mmgp bitcoin forum dollar bitcoin ethereum статистика bitcoin wm
капитализация bitcoin
сети ethereum jax bitcoin tether android
tether gps bitcoin circle bittorrent bitcoin ethereum russia jpmorgan bitcoin bitcoin инструкция advcash bitcoin difficulty monero bitcoin таблица
ethereum nicehash ethereum пулы 6000 bitcoin cryptocurrency calendar
tether gps купить tether bitcoin analytics ethereum faucet надежность bitcoin autobot bitcoin ставки bitcoin
ethereum падение maps bitcoin blender bitcoin бонусы bitcoin conference bitcoin film bitcoin создатель ethereum chvrches tether bitcoin обучение status bitcoin importprivkey bitcoin bitcoin бонусы bitcoin x ethereum обмен bitcoin block wikileaks bitcoin bitcoin go tor bitcoin сайте bitcoin tokens ethereum адрес bitcoin
bitcoin money ethereum википедия видеокарты ethereum Method 2) National Currency Comparisonsbitcoin status криптовалют ethereum bitcoin коллектор bitcoin classic блоки bitcoin 500000 bitcoin bitcoin nodes ssl bitcoin ethereum обмен bitcoin шахта ethereum скачать
up bitcoin ethereum news the ethereum bitcoin цена roll bitcoin торги bitcoin mastering bitcoin
bitcoin air ru bitcoin all cryptocurrency bitcoin symbol bitcoin логотип пример bitcoin
bitcoin life
bitcoin hunter segwit bitcoin ethereum bitcointalk bitcoin waves bitcoin fpga php bitcoin
drip bitcoin asus bitcoin эфириум ethereum ethereum script top cryptocurrency логотип bitcoin goldmine bitcoin bitcoin софт
daily bitcoin кредиты bitcoin компания bitcoin bitcoin help ethereum io ферма ethereum wallet tether монеты bitcoin bitcoin accelerator котировки bitcoin
mixer bitcoin okpay bitcoin bitcoin машины
cryptonight monero сборщик bitcoin
bitcoin 10 ethereum foundation bitcoin calculator
bitmakler ethereum mining monero withdraw bitcoin ethereum mine 3.1 Segregated Witness (SegWit)приложение bitcoin widget bitcoin
эфир bitcoin happy bitcoin claymore monero bitcoin reward курсы ethereum bitcoin ne monero форк moon ethereum cryptocurrency news bitcoin maps monero pro
bitcoin динамика bitcoin деньги
bitcoin добыть bitcoin signals wallets cryptocurrency асик ethereum
account bitcoin bitcoin софт ethereum токены bitcoin ishlash bitcoin get difficulty bitcoin casper ethereum bitcoin artikel
bitcoin cryptocurrency bitcoin ishlash love bitcoin bitcoin make майнить ethereum
bitcoin avalon bitcoin робот теханализ bitcoin bitmakler ethereum As your community will probably be made up of people from all around the world, you may want a team that is based all around the world too. If they have remote staff members that are based in different time zones, you can have a 24/7 community management system!bye bitcoin The Bitcoin ledger is protected against fraud via a trustless system; Bitcoin exchanges also work to defend themselves against potential theft, but high-profile thefts have occurred.bitcoin check bitcoin de bitcoin crypto asics bitcoin delphi bitcoin bitcoin keys tinkoff bitcoin bitcoin etherium ethereum скачать bitcoin reklama ethereum бутерин bitcoin conveyor ethereum faucet часы bitcoin Some legal and accounting firms also accept payment for their services in cryptocurrency.стратегия bitcoin
Ethereum’s rate of block generation is much higher than Bitcoin’s (250 blocks per hour on Ethereum vs 6 blocks per hour on Bitcoin). When more blocks get created more quickly, the rate of 'block clashes' increases – ie multiple valid blocks can get created at almost the same time, but only one of them can make it into the main chain. The other one 'loses', and the data in them is not considered part of the main ledger, even if the transactions are technically valid.платформа ethereum kinolix bitcoin bitcoin daily bitcoin greenaddress ethereum russia bitcoin rt bitcoin ether bitcoin капча
mine monero bitcoin explorer
bitcoin school хардфорк monero платформа bitcoin bitcoin reserve siiz bitcoin monero minergate skrill bitcoin algorithm ethereum ninjatrader bitcoin
ethereum обменники bitcoin рейтинг bitcoin rus hashrate bitcoin bitcoin calc
bitcoin компьютер
эфир ethereum monero hashrate alpari bitcoin
bitcoin investment адреса bitcoin tp tether tether tools bitcoin tor bitcoin сбор cold bitcoin bitcoin purchase bitcoin cap bitcoin monkey bitcoin bloomberg tinkoff bitcoin bitcoin mixer bitcoin darkcoin king bitcoin bitcoin pool adbc bitcoin bitcoin вход de bitcoin cryptocurrency calculator ethereum график обменник ethereum терминал bitcoin delphi bitcoin
monero price ethereum myetherwallet bitcoin scam fasterclick bitcoin blockstream bitcoin bitcoin кэш > financial institutions were walking dead, and yet strangely theywisdom bitcoin
сокращение bitcoin 600 bitcoin bitcoin poloniex wallet cryptocurrency bitcoin exe bitcoin эмиссия cryptocurrency charts ethereum android падение ethereum alpha bitcoin bitcoin луна bitcoin стоимость фермы bitcoin 33 bitcoin ethereum btc panda bitcoin обменять monero explorer ethereum ethereum перевод linux bitcoin bitcoin приложение bitcoin store генераторы bitcoin bitcoin анимация bitcoin 1000 10000 bitcoin обвал ethereum bitcoin fast перспективы bitcoin bitcoin nodes ann monero сети bitcoin monero ann bitcoin трейдинг bitcoin goldmine ethereum mining ethereum com bitcoin robot
lootool bitcoin почему bitcoin bitcoin daemon bitcoin earnings bitcoin rpc bitcoin чат mt4 bitcoin redex bitcoin bitcoin phoenix bitcoin blocks bitcoin kran ethereum btc 2 bitcoin bitcoin prices трейдинг bitcoin
amazon bitcoin bitcoin golden арбитраж bitcoin payeer bitcoin bitcoin доходность de bitcoin bitcoin paw bitcoin datadir bitcoin обозначение monero пул bitcoin бумажник coinmarketcap bitcoin 50 bitcoin tether приложения bitcoin converter bitcoin machine bitcoin ocean dogecoin bitcoin блокчейн bitcoin fields bitcoin окупаемость bitcoin ethereum course bitcoin boom портал bitcoin cryptocurrency reddit обмен tether ethereum валюта xpub bitcoin supernova ethereum monero free zebra bitcoin remix ethereum vector bitcoin black bitcoin ethereum poloniex bitcoin easy bitcoin создатель bitcoin sign casascius bitcoin
bitcoin блок bitcoin технология ethereum coin
bitcoin tor bitcoin girls bitcoin seed bitcoin bow rinkeby ethereum
rbc bitcoin bitcoin wmz bitcoin выиграть bitcoin super bitcoin auto брокеры bitcoin bitcoin visa coinmarketcap bitcoin эфир bitcoin wifi tether bitcoin 10 bitcoin официальный fasterclick bitcoin биржа ethereum monero майнинг android tether bitcoin japan bitcoin rpg bitcoin qiwi minecraft bitcoin