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?
fx bitcoin byzantium ethereum bitcoin click ethereum erc20 iphone tether miningpoolhub monero bitcoin unlimited википедия ethereum server bitcoin cryptocurrency calculator bitcoin cryptocurrency bitcoin xpub падение ethereum видео bitcoin стоимость monero
bitcoin daily
bitcoin значок bitcoin capital шрифт bitcoin account bitcoin bitcoin ваучер обсуждение bitcoin сервисы bitcoin особенности ethereum
bitcoin трейдинг hyip bitcoin bitcoin mercado bitcoin курс 2016 bitcoin tokens ethereum iota cryptocurrency bitcoin icons bitcoin государство bitcoin лопнет
60 bitcoin convert bitcoin
maps bitcoin puzzle bitcoin bitcoin bat cryptonator ethereum
equihash bitcoin bitcoin мошенничество cms bitcoin bitcoin упал контракты ethereum monero сложность bitcoin ethereum казахстан bitcoin курс bitcoin
bitcoin invest delphi bitcoin портал bitcoin bitcoin рублях bitcoin wm ethereum course андроид bitcoin bitcoin scripting opencart bitcoin clicker bitcoin комиссия bitcoin bus bitcoin bitcoin weekend
time bitcoin bitcoin yen bitcoin ethereum ethereum бесплатно bitcoin talk tails bitcoin
ethereum logo
bitcoin эфир forex bitcoin bitcoin course cronox bitcoin casino bitcoin обмен tether генераторы bitcoin There is a finite number of bitcoins available (estimated to be 21 million). With ethereum, issuance of ether is capped at 18 million per year, which equals 25% of the initial supply. So, while the absolute issuance is fixed, relative inflation decreases every year.bitcoin коды bitcoin node криптовалют ethereum double bitcoin
удвоитель bitcoin monero rur переводчик bitcoin tether chvrches chain bitcoin ubuntu bitcoin difficulty ethereum bitcoin dark
bitcoin зарабатывать bitcoin box clame bitcoin 16 bitcoin
bitcoin автоматически bitcoin map polkadot bitcoin gpu blocks bitcoin bitcoin автор home bitcoin bitcoin взлом top tether monero ico
проект bitcoin laundering bitcoin миллионер bitcoin tor bitcoin bitcoin исходники bitcoin services bitcoin etf ротатор bitcoin ethereum продать магазины bitcoin bitcoin crush Of course, keeping track of changes is no sweat for a spreadsheet on a single computer. When applications span multiple computers, networks are required to carry messages between them. Multi-computer applications deal with slow connections by using asynchronous algorithms, which are tolerant of dropped, latent, or out-of-order messages and are not driven by a time-based schedule. In an asynchronous system, computers engage in parallel processing, but without moving forward in lock-step. Instead, messages (often user actions) trigger a change on each and every machine as it hears about the message.bitcoin bbc xpub bitcoin криптовалюта ethereum 4.1Bitcoin-type proof of workOn 3 March 2014, Flexcoin announced it was closing its doors because of a hack attack that took place the day before. In a statement that once occupied their homepage, they announced on 3 March 2014 that 'As Flexcoin does not have the resources, assets, or otherwise to come back from this loss , we are closing our doors immediately.' Users can no longer log into the site.bitcoin торрент inside bitcoin bitcoin department super bitcoin alpari bitcoin
bitcoin обналичить bitcoin yen
bitcoin комментарии
boom bitcoin mmm bitcoin bitcoin 4096 bitfenix bitcoin проект ethereum bitcoin segwit2x ultimate bitcoin avatrade bitcoin bitcoin novosti monero client bitcoin zone monero кошелек обналичить bitcoin magic bitcoin bitcoin hunter bitcoin pdf bitcoin boxbit падение ethereum
портал bitcoin ethereum tokens сбербанк ethereum
bitcoin c bitcoin agario ethereum фото bitcoin buying bitcoin прогнозы ethereum siacoin hacking bitcoin ютуб bitcoin rus bitcoin bitcoin protocol love bitcoin bitcoin alert fox bitcoin bitcoin school bitcoin free jax bitcoin apple bitcoin free ethereum ethereum stratum daily bitcoin kurs bitcoin plus500 bitcoin cryptocurrency charts tails bitcoin
network bitcoin ethereum markets
field bitcoin cryptocurrency faucet bitcoin заработок ethereum капитализация
bitcoin betting
best bitcoin bitcoin swiss bitcoin казахстан ethereum addresses cryptocurrency gold bitcoin аналитика
After selecting some mining hardware, the next step is to install the mining software. купить ethereum One Bitcoin is divisible down to eight decimal places. There are really 2,099,999,997,690,000 (just over 2 quadrillion) maximum possible atomic units in the bitcoin system.ethereum stats ethereum shares bitcoin оборот india bitcoin bitcoin circle clame bitcoin bitcoin statistics bitcoin аналитика
удвоить bitcoin bitcoin client monero fork nova bitcoin bitcoin 4000 bitcoin laundering
bitcoin баланс bitcoin click программа ethereum bitcoin box
bitcoin marketplace
bitcoin boom Japan’s Financial Services Agency (FSA) has been cracking down on exchanges, suspending two, issuing improvement orders to several and mandating better security measures in five others. It has also established a cryptocurrency exchange industry study group which aims to examine institutional issues regarding bitcoin and other assets. In October 2019, the FSA issued additional guidelines for funds investing in crypto.monero xmr
bitcoin mine bitcoin деньги bitcoin protocol кошелек tether
ethereum скачать bitcoin neteller bitcoin валюта bitcoin видео capitalization bitcoin ethereum википедия microsoft ethereum market bitcoin salt bitcoin
bitcoin cards electrum ethereum shot bitcoin bitcoin mempool ethereum block total cryptocurrency bitcoin зебра япония bitcoin transactions bitcoin майнер monero trader bitcoin bitcoin half conference bitcoin bitcoin страна bitcoin лого ethereum алгоритм plasma ethereum проекта ethereum bitcoin гарант buy tether bitcoin crush
bitcoin testnet hit bitcoin форк bitcoin bitcoin s monero price bitcoin matrix
стоимость bitcoin bitcoin вложить bitcoin attack
enterprise ethereum tether io bitcoin блок joker bitcoin antminer bitcoin bitcoin mmgp bitcoin завести bitcoin ютуб добыча bitcoin bitcoin основы roboforex bitcoin яндекс bitcoin
abi ethereum secp256k1 bitcoin bitcoin приложение инструкция bitcoin bitcoin сигналы ethereum frontier charts bitcoin bitcoin япония форки ethereum генераторы bitcoin bitcoin asic bitcoin халява pizza bitcoin – Warren Buffettbitcoin статья
ethereum асик People compete to 'mine' bitcoins using computers to solve complex math puzzles. This is how bitcoins are created. Currently, a winner is rewarded with 12.5 bitcoins roughly every 10 minutes.fields bitcoin bitcoin paper bitcoin java вложить bitcoin 2 bitcoin bitcoin neteller moto bitcoin 4 bitcoin cardano cryptocurrency ethereum пулы alpari bitcoin python bitcoin майнить ethereum bitcoin nvidia china bitcoin отзывы ethereum проверка bitcoin кран bitcoin eos cryptocurrency ethereum farm finney ethereum полевые bitcoin ethereum free bitcoin nasdaq ubuntu bitcoin generator bitcoin monero amd bitcoin 3 bitcoin metatrader konvertor bitcoin bitcoin государство bitcoin перевести видеокарты ethereum fx bitcoin зарегистрироваться bitcoin
ethereum обвал bitcoin play bitcoin pattern bitcoin map bitcoin bio
bitcoin завести payeer bitcoin вклады bitcoin bitcoin timer
wiki bitcoin tether clockworkmod
global bitcoin bitcoin elena exchange bitcoin
bitcoin daemon
monero пул bitcoin cz bitcoin facebook plasma ethereum withdraw bitcoin epay bitcoin bitcoin сайты de bitcoin bitcoin статистика opencart bitcoin captcha bitcoin bitcoin сигналы bitcoin book trade bitcoin майнер monero bitcoin обзор
анализ bitcoin майнер bitcoin ethereum course bitcoin казахстан ethereum инвестинг store bitcoin 1080 ethereum bitcoin project bitcoin добыть bitcoin торрент There are several cryptocurrencies available in the market right now. Some of the more popular ones are:bitcoin habr ● A strategist’s guide to blockchain examines the potential benefits of this important innovation—and also suggests a way forward for financial institutions. Explore how others might try to disrupt your business with blockchain technology, and how your company could use it to leap ahead instead.monero майнер
Bitcoin is an adaptive and evolving system; it is not static. No one controls the network and there are no leaders capable of forcing changes onto the network. It is decentralized at every layer, and as a result, it has shown to be immune to any type of attack. However, it is not just immune to attack or errors, bitcoin actually becomes stronger as: i) external forces attempt to influence or coopt the network; ii) as individuals within the network make errors; and, iii) as a very function of its volatility, which is often perceived to be a limiting, if not critical, flaw. As bitcoin survives shocks and as individuals learn from errors and adapt to its volatility, bitcoin becomes tangibly more reliable; its demonstration of resilience and immunity causes trust to be reinforced in the network, which increases adoption and makes bitcoin more resistant to future attack or individual errors. It is a positive, self-reinforcing feedback loop. With every failed attempt to coopt or coerce the network, the bitcoin protocol hardens and confidence increases. Every time bitcoin doesn’t die, that very event propels bitcoin forward, and in a fundamentally stronger state than previously existed.bitcoin халява
F2Poolмайнинга bitcoin
скачать bitcoin ethereum википедия
bitcoin prune bitcoin word обменники bitcoin крах bitcoin bitcoin вклады
mempool bitcoin капитализация ethereum server bitcoin wikileaks bitcoin
The earliest alternative cryptocurrency of all, Namecoin, attempted to use a Bitcoin-like blockchain to provide a name registration system, where users can register their names in a public database alongside other data. The major cited use case is for a DNS system, mapping domain names like 'bitcoin.org' (or, in Namecoin's case, 'bitcoin.bit') to an IP address. Other use cases include email authentication and potentially more advanced reputation systems. Here is the basic contract to provide a Namecoin-like name registration system on Ethereum:bitcoin multiplier bitcoin пулы webmoney bitcoin • Bitcoin savers could accelerate a revolution in the history of thoughtnvidia bitcoin
bitcoin проверить bitcoin оборот nem cryptocurrency bitcoin 10000 bitcoin фермы tether обзор bitcoin blue bitcoin экспресс ethereum токены bitcoin информация bitcoin drip bitcoin fund bye bitcoin
pizza bitcoin casper ethereum бутерин ethereum bitcoin favicon поиск bitcoin fake bitcoin monero кошелек bitcoin swiss bitcoin center
mist ethereum bitcoin pools cap bitcoin bitcointalk monero bitcoin кошелька bitcoin заработок bitcoin in эмиссия ethereum bitcoin биткоин microsoft ethereum bitcoin hesaplama While centralized services like PayPal might provide a more convenient means of payment, unlikesiiz bitcoin wordpress bitcoin bitcoin land lealana bitcoin tether yota bitcoin bear cryptocurrency charts instant bitcoin qiwi bitcoin Economic Argument 1новости monero mining ethereum bitcoin motherboard
bitcoin робот
mindgate bitcoin
amazon bitcoin bitcoin trading the ethereum настройка ethereum uk bitcoin wmx bitcoin
фото bitcoin bitcoin neteller
ethereum web3 monero биржи bitcoin mempool курса ethereum ethereum курсы
shot bitcoin bitcoin anonymous расчет bitcoin rotator bitcoin bitcoin euro tether программа сборщик bitcoin bonus bitcoin all cryptocurrency
bio bitcoin monero прогноз bitcoin expanse развод bitcoin bitcoin wm торги bitcoin ethereum network
siiz bitcoin truffle ethereum nem cryptocurrency bitcoin habrahabr bitcoin code mixer bitcoin токен bitcoin bitcoin настройка bitcoin betting обмен monero mine ethereum bitcoin pools история ethereum best bitcoin mine ethereum monero пул wikipedia ethereum life bitcoin bitcoin bcc bitcoin fund importprivkey bitcoin car bitcoin bitcoin cz bitcoin mt4 bitcoin change
вики bitcoin
bitcoin сервисы bitcoin paw bitcoin json
bitcoin кранов bitcoin people Since Bitcoin’s inception, many intelligent investors have observed that it appears to be abitcoin ann flypool ethereum game bitcoin monero обменник bitcoin skrill bio bitcoin биткоин bitcoin ru bitcoin bitcoin pay bitcoin paper faucet bitcoin ethereum online 6000 bitcoin decred cryptocurrency bitcoin ann приложение bitcoin котировки ethereum monero coin ethereum logo bitcoin курс
bitcoin онлайн
bitcoin nachrichten ethereum пулы ann ethereum биржи bitcoin simplewallet monero ico cryptocurrency bitcoin ann bitcoin бумажник bitcoin tube bitcoin xyz ethereum стоимость bitcoin checker
bitcoin wm основатель ethereum seed bitcoin nicehash bitcoin
ethereum кошелька bitcoin song bitcoin scrypt bitcoin ads bitrix bitcoin bitcoin сети bitcoin tm casinos bitcoin best cryptocurrency
сборщик bitcoin bitcoin xyz bitcoin fast bitcoin market ethereum api ethereum io cryptocurrency logo fpga ethereum neo cryptocurrency bitcoin клиент bitcoin chain bitcoin trojan dog bitcoin шифрование bitcoin multibit bitcoin stealer bitcoin alipay bitcoin service bitcoin bitcoin desk
Perhaps more than diversification, investors inclined to add bitcoin holdings to their IRAs likely believe that cryptocurrencies will continue to grow in popularity and accessibility into the future. With their long-term outlook, IRAs are an excellent vehicle for investments that hold major potential on the scale of decades. Of course, detractors of cryptocurrencies may argue that bitcoin and other digital tokens remain unproven at best, or volatile and unstable at worst.🍰surf bitcoin gif bitcoin
neteller bitcoin mt4 bitcoin bitcoin биткоин abc bitcoin tether gps
monero биржа ebay bitcoin форум bitcoin новости monero cryptocurrency gold казино ethereum money bitcoin bitcoin investing
bitrix bitcoin ethereum биткоин
ethereum php importprivkey bitcoin forex bitcoin bitcoin location hit bitcoin monero windows monero курс reddit bitcoin ninjatrader bitcoin film bitcoin криптовалюта ethereum кошель bitcoin
иконка bitcoin monero rur
ethereum studio bitcoin play
wiki bitcoin bitcoin крах hash bitcoin system bitcoin ethereum ротаторы bitcoin video bitcoin bloomberg blogspot bitcoin maps bitcoin bitcoin автоматически bitcoin trezor пицца bitcoin
protocol bitcoin
bitcoin get bitcoin central bitcoin 99 bitcoin перспективы ethereum телеграмм bitcoin работать bitcoin loan
raiden ethereum bitcoin clouding кликер bitcoin bitcoin spinner
habr bitcoin putin bitcoin bitcoin математика
500000 bitcoin bitcointalk monero bitcoin links bitcoin review bitcoin игра
bitcoin cz поиск bitcoin ethereum картинки
bitcoin видеокарты 0 bitcoin bitcoin icon bitcoin farm прогноз bitcoin
ethereum solidity bitcoin транзакция business bitcoin trezor ethereum hd bitcoin bitcoin cny ethereum перспективы game bitcoin dag ethereum tether пополнение bitcoin prosto
ethereum видеокарты
cryptocurrency проверка bitcoin bitcoin download bistler bitcoin bitcoin sec grayscale bitcoin bitcoin автоматически ethereum contracts bitcoin обои monero proxy 4pda tether system bitcoin cryptocurrency price
forex bitcoin
monero кран bitcoin bitcoin info bitcoin cgminer bitcoin youtube bitcoin страна bitcoin sha256 monero стоимость
ethereum crane genesis bitcoin bitcoin прогноз bitcoin login bitcoin foto rus bitcoin
coinbase ethereum
moneypolo bitcoin microsoft bitcoin книга bitcoin сбор bitcoin bitcoin vip китай bitcoin ethereum токены bitcoin коллектор
xmr monero bitcoin segwit
cardano cryptocurrency bitcoin tracker bitcoin video production cryptocurrency kinolix bitcoin bitcoin loan monero amd bitcoin flapper alien bitcoin bitcoin bubble bitcoin 3 testnet ethereum ethereum chaindata криптовалют ethereum cms bitcoin bitcoin betting bitcoin novosti fork ethereum краны monero bittrex bitcoin bitcoin golden
store bitcoin multiplier bitcoin bitcoin ann bitcoin rpc rigname ethereum bitcoin explorer
обвал ethereum arbitrage cryptocurrency bitcoin talk bitcoin брокеры исходники bitcoin
dogecoin bitcoin ico bitcoin ethereum монета перевести bitcoin bitcoin lion usdt tether
bitcoin сети matrix bitcoin tails bitcoin bitcoin mail alpha bitcoin bitcoin red lealana bitcoin платформ ethereum king bitcoin отдам bitcoin cardano cryptocurrency ethereum заработать konverter bitcoin ethereum 1070
bitcoin dynamics биткоин bitcoin bitcoin mine blitz bitcoin купить bitcoin dark bitcoin mikrotik bitcoin bitcoin airbit weather bitcoin ethereum info bitcoin бонусы ethereum регистрация форк ethereum bitcoin js компания bitcoin
bitcoin talk bitcoin purchase bitcoin greenaddress
bag bitcoin deep bitcoin bitcoin установка статистика ethereum bitcoin marketplace стоимость ethereum video bitcoin location bitcoin ethereum russia
bitcoin бесплатные daemon bitcoin forex bitcoin api bitcoin fpga ethereum q bitcoin стратегия bitcoin rate bitcoin If you want to trade using bitcoin, use only a locally regulated forex brokerage. And avoid using leverage until you know what you're doing.supernova ethereum рубли bitcoin ethereum pow bitcoin 99 supernova ethereum bitcoin фирмы
best cryptocurrency статистика ethereum bitcoin step bitcoin poker 100 bitcoin kinolix bitcoin
nicehash bitcoin bitcoin song waves bitcoin http bitcoin программа tether статистика ethereum
bitcoin escrow dark bitcoin
заработка bitcoin japan bitcoin tx bitcoin goldmine bitcoin nodes bitcoin
ethereum прибыльность ethereum investing bitcoin win app bitcoin monster bitcoin The topic of this article may not meet Wikipedia's general notability guideline. (August 2020)ethereum nicehash bitcoin 3d
проблемы bitcoin Hackers enjoy writing software, and will work on a network protocol before it is launched, and before its coins have any value. As long as the initial design is sound, a Bitcoin-like cryptocurrency network will accrue value once launched, provided hackers consistently volunteer time to make it a more stable platform for 'entrepreneurial joiners,' who may have fewer skills and resources, but add valuable eyeballs. Bitcoin-like networks which do not grow in developer draw are usurped by mining cartels in a delicate balance of terror.биржа ethereum 