How to create BEP20 tokens for your ICO crowdfunding?

  • Crowdfunding has been the prime source for entrepreneurs to develop their businesses. But the previous decade has other stories. Crowdfunding has become a portal to scam investors. This has caused the loss of many potential investors. Later in the year 2017, ICO - a crypto crowdfunding method got momentum and proved to be trustable among the investors. Since then, there are many cases that prove the worth of ICO. For instance, file coin managed to raise a whopping amount of $257 million through ICO. This states the trust the investors have in the ICO method.

    Launching an ICO requires crypto tokens. These crypto tokens are digital assets that can hold the equity shares of the investor. It is important to find the perfect standard and blockchain for your tokens as it can influence your crowdfunding on a large scale. The popularity of both the token standard and blockchain has the potential to attract investors in greater numbers. So it is advisable to be on the safer side than risking things. Binance Smart Chain is one such popular blockchain plat you can rely on. It has the popularity you require to attract more investors. Also with Binance Smart Chain, you can create tokens in the BEP20 token standard.

    BEP20 Token Standard
    BEP20 tokens are the fungible token standard of the Binance Smart Chain. They have plenty in the bag to offer you.

    1. The popularity of BEP20 will be the first thing to notice. It is a recent trend in the marketplace. It might help in attracting crypto enthusiasts who are potential investors.
    2. BEP20 tokens are similar to ERC20 tokens - the popular token standard. This means it is compatible with ERC20 tokens.
    3. The transaction cost of BEP20 tokens is very low when compared to other token standards. The transaction speed of BEP20 tokens is also comparatively high. These two features might be helpful in attracting more investors to raise funds.
    4. Being compatible with the ERC20 token, many are pegging their tokens to BEP20 token to avail the low transaction cost at a really high speed.

    How to create BEP20 tokens for your ICO crowdfunding?

    • Creating BEP20 tokens can be easy. If not for

    • Smart contract implementation

    • cost factor to create BEP20 tokens

    • A few other elements

    The smart contract implementation is the trickiest part here. It is written in a special language known as solidity. It requires the guidance of high-level experts to help you implement a smart contract. So it is better to consult a BEP20 token development company to create your tokens. But, make sure to do some research before contacting the company. There might be some companies who claim to be the best in these services. I, on the other hand, have done some groundwork to reduce your burden. Zab Technologies - a renowned blockchain development company, is dealing with BEP20 token development. They are really good at that, and apart from BEP20 token development, they also entertain their clients with some perks. They provide you with wallets to send, receive and store your tokens. Also, they provide a free demo before you make an initiation. This might help you to understand their work better. You can contact them to get more info.

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