How to develop your own tokens in Ethereum Blockchain?
In the current crypto world, many entrepreneurs are out of investments for their businesses. This gave rise to the ICO crowdfunding method, which uses tokens. Raising funds via ICOs and distributing tokens has grown in popularity in the fintech world. There are other reasons for creating tokens, the most common of which is to use them in ICOs. Tokens are created using smart contracts, which follow token standards among other token standards. Because it is backed by the Ethereum blockchain, the ERC20 token standard has been the most widely used. ERC-20 Token Overview: ERC20 tokens are defined as tokens developed using the ERC20 specifications. The ERC20 standard is a set of rules that must be followed when developing smart contracts for tokens. This process is stored in the Ethereum blockchain, which increases its security. The ERC20 token standard was the first to introduce a structure for creating tokens, making it the most trusted. Benefits of creating ERC20 tokens Tokens in ER...