Cryptocurrency Q&A
How much does it cost to create ERC20?
How much does it cost to create ERC20?
Bianca
Mon May 13 2024
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5 answers
1013
I'm just getting started in the crypto world and I'm really interested in ERC20 tokens. Could you tell me, how much does it typically cost to create an ERC20 token? I've heard it can vary depending on a number of factors, but I'd like to get a general ballpark figure. Is it something that can be done cheaply, or does it require a significant investment? Also, are there any hidden costs or ongoing expenses that I should be aware of? I'm just trying to get a better understanding of the financial commitment involved in this process.
5 answers
ShintoMystic
Wed May 15 2024
For instance, a simple ERC20 token with basic functionalities may cost closer to the lower end of the range.
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Giuseppe
Wed May 15 2024
Creating ERC20 tokens involves various costs, depending on factors such as the type of token being developed and the specific business requirements.
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isabella_bailey_economist
Wed May 15 2024
Generally, the average cost of creating an ERC20 token ranges from $5000 to $10,000.
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GinsengBoostPower
Wed May 15 2024
This range reflects the complexity and uniqueness of each token creation project.
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SakuraWhisper
Tue May 14 2024
On the other hand, a more complex token with advanced features and customization may fall towards the higher end.
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