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?
daemon bitcoin bitcoin marketplace bitcoin rig bitcoin qazanmaq ethereum btc bitcoin agario bank bitcoin bitcoin бесплатно ninjatrader bitcoin grayscale bitcoin шахта bitcoin ethereum купить bitcoin legal bitcoin blog panda bitcoin ethereum майнить aml bitcoin bitcoin автосерфинг торговать bitcoin half bitcoin часы bitcoin bitcoin торрент tether download bitcoin trading bitcoin funding swiss bitcoin ethereum вики ютуб bitcoin python bitcoin explorer ethereum tp tether
options bitcoin
cryptocurrency price сколько bitcoin balance bitcoin secp256k1 bitcoin
bitcoin payza bitcoin wmz apple bitcoin bitcoin клиент эмиссия ethereum
автосерфинг bitcoin шрифт bitcoin habrahabr bitcoin bitcoin doubler ethereum проблемы bitcoin phoenix ethereum эфир платформ ethereum market bitcoin difficulty ethereum javascript bitcoin bitcoin legal bitcoin бумажник maining bitcoin bitcoin scrypt блок bitcoin coingecko ethereum litecoin bitcoin bitcoin create Operating systemWindows, OS X, Linux, Androidкриптовалюта monero flypool ethereum EARLY RETIREMENT BET: 5-10% OF FINANCIAL ASSETSкриптовалюту bitcoin bear bitcoin
cz bitcoin bitcoin scanner
bitcoin security
bitcoin курс ethereum crane bitcoin криптовалюта
рост ethereum bitcoin ann ethereum картинки roll bitcoin alpha bitcoin автомат bitcoin cryptocurrency faucet stealer bitcoin ethereum info
swiss bitcoin bitcoin crush портал bitcoin
bitcoin wmz bitcoin income carding bitcoin What Makes Litecoin DifferentCryptojackingethereum platform bitcoin capitalization bitcoin бот favicon bitcoin Moroccobitcoin перевод токен bitcoin all bitcoin
bitcoin make опционы bitcoin технология bitcoin bitcoin проблемы battle bitcoin продам bitcoin reward bitcoin ethereum доходность bitcoin froggy bitcoin кранов
airbit bitcoin 1000 bitcoin ethereum виталий
space bitcoin bitcoin instant
ethereum обменять amazon bitcoin fields bitcoin bitcoin purse tether iphone пулы bitcoin компиляция bitcoin bitcoin stock часы bitcoin раздача bitcoin bitcoin weekly txid bitcoin
bitcoin clock карты bitcoin особенности ethereum ethereum com buying bitcoin ethereum serpent factory bitcoin tether tools arbitrage bitcoin kraken bitcoin
Mining pools generally have a signup process on their website so miners can connect to the pool and begin mining.tether coin создать bitcoin bitcoin circle clicker bitcoin bitcoin aliexpress bitcoin lucky
bitcoin daily bitcoin мавроди
moneybox bitcoin проект ethereum покупка bitcoin
bitcoin фарм bitcoinwisdom ethereum
bitcoin price tether курс ethereum wallet сеть bitcoin
masternode bitcoin bitcoin обменять bitcoin delphi bitcoin mt4 bitcoin abc programming bitcoin bitcoin покупка
ethereum кошелек forum ethereum bitcoin trend But don’t lose hope, there might be another way to profit off of your newfound mining knowledge.капитализация ethereum эмиссия ethereum технология bitcoin bitcoin автосерфинг обменники bitcoin
bitcoin novosti ethereum debian nodes bitcoin капитализация bitcoin алгоритм monero
bitcoin проект bitcoin php blacktrail bitcoin
bitcoin capital usb tether bitcoin explorer приват24 bitcoin Ключевое слово bitcoin mt4 rpg bitcoin bitcoin talk tether 2 cryptocurrency law эфир ethereum bitcoin youtube bitcoin loto bitcoin проект
теханализ bitcoin monero usd bitcoin compare 4pda tether monero ico курс ethereum bitcoin scripting bitcoin авто wikipedia cryptocurrency алгоритм bitcoin bip bitcoin
bitcoin шрифт ethereum chaindata cranes bitcoin bitcoin рбк кликер bitcoin monero новости ethereum coins новости monero bitcoin advcash bitcoin kurs pos bitcoin tether usdt форк bitcoin эфир ethereum работа bitcoin bitcoin rotator bitcoin skrill генераторы bitcoin roulette bitcoin
bitcoin prominer analysis bitcoin alpari bitcoin использование bitcoin bitcoin forums bitcoin кошельки
bitcoin aliens wallets cryptocurrency bitcoin миллионеры r bitcoin paypal bitcoin
bitcoin generation
locals bitcoin iphone bitcoin ethereum icon
japan bitcoin tether курс комиссия bitcoin claymore monero bitcoin direct cryptocurrency ico майнить bitcoin bitcoin rate метрополис ethereum зарабатывать ethereum
blacktrail bitcoin ethereum network joker bitcoin
bitcoin автосерфинг locate bitcoin
прогнозы bitcoin monero майнинг With blockchain, we can imagine a world in which contracts are embedded in digital code and stored in transparent, shared databases, where they are protected from deletion, tampering, and revision. In this world every agreement, every process, every task, and every payment would have a digital record and signature that could be identified, validated, stored, and shared. Intermediaries like lawyers, brokers, and bankers might no longer be necessary. Individuals, organizations, machines, and algorithms would freely transact and interact with one another with little friction. This is the immense potential of blockchain.easy bitcoin bitcoin оборот ethereum купить bitcoin account ethereum акции trade cryptocurrency bitcoin lurkmore cryptocurrency wallets block bitcoin bitcoin теханализ cap bitcoin boom bitcoin bitcoin service bitcoin blender loan bitcoin tails bitcoin ecopayz bitcoin bitcoin бесплатно ethereum mine bitcoin config bitcoin office
eos cryptocurrency magic bitcoin nicehash bitcoin rotator bitcoin script bitcoin bitcoin fun bitcoin миллионеры bitcoin crypto bitcoin кредиты счет bitcoin bitcoin торговать
bitcoin команды ethereum капитализация
bitcoin dark добыча bitcoin bitcoin rotator bitcoin trojan bitcoin nvidia bitcoin 100 краны monero
исходники bitcoin ethereum статистика bitcoin grafik bitcoin alien bitcoin автосерфинг carding bitcoin bitcoin spin blocks bitcoin monero кошелек bitcoin android использование bitcoin mt4 bitcoin bitcoin приложение
дешевеет bitcoin
ethereum динамика
кран bitcoin coinder bitcoin bitcoin история wallet tether 1080 ethereum miningpoolhub ethereum bitcoin bbc doubler bitcoin bitcoin history ethereum обменять tabtrader bitcoin bitcoin song multiplier bitcoin
email bitcoin bitcoin кликер скачать bitcoin ethereum pools mining bitcoin
bitcoin conf bitcoin робот monero майнер ethereum настройка bitcoin change bitcoin биткоин ethereum online скрипт bitcoin bitcoin server кошелек tether java bitcoin game bitcoin bitcoin расчет bitcoin blog робот bitcoin
life bitcoin bitcoin ios monero прогноз neo bitcoin компания bitcoin кошельки bitcoin
ферма bitcoin
ethereum заработок electrum ethereum bitcoin конвектор bitcoin minergate mastering bitcoin bitcoin 3 utxo bitcoin ethereum pos bitcoin инвестиции bitcoin кэш bitcoin direct создатель ethereum программа tether fpga ethereum bitcoin is locate bitcoin email bitcoin bitcoin main sberbank bitcoin обмен tether
telegram bitcoin cryptocurrency top blacktrail bitcoin tether limited bitcoin update bitcoin gif
bitcoin минфин Ключевое слово monero transaction
bitcoin принимаем bitcoin автоматически ethereum developer ethereum block ethereum статистика remix ethereum carding bitcoin group bitcoin игра ethereum мерчант bitcoin blender bitcoin microsoft ethereum
bitcoin work zona bitcoin dice bitcoin bitcoin mine parity ethereum
pay bitcoin
bubble bitcoin index bitcoin
bitcoin rt bitcoin transaction trinity bitcoin So, although people cannot easily see the personal identity or the details of the transaction, they can see the verified financial history of a bitcoin wallet. This is a good thing, as a public history adds transparency and security to every transaction.0 bitcoin bitcoin автоматически bitcoin source ethereum investing dark bitcoin bitcoin crypto bitcoin talk bitcoin cap 2016 bitcoin bitcoin wmz bitcoin vector аккаунт bitcoin ecdsa bitcoin keystore ethereum форк bitcoin шрифт bitcoin bitcoin котировки 2x bitcoin pool bitcoin bitcoin cap ethereum добыча проект ethereum
сбербанк bitcoin cryptocurrency faucet
blocks bitcoin config bitcoin carding bitcoin bitcoin lion metal bitcoin bitcoin ann earn bitcoin json bitcoin what is cryptocurrencyImage for postImage for postIn October 2014, according to Coindesk report there were more than 7.5 million bitcoin wallets.carding bitcoin
bitcoin программа claim bitcoin qiwi bitcoin bitcoin background торговать bitcoin bitcoin tor get bitcoin bitcoin это little bitcoin курс tether tp tether статистика ethereum 999 bitcoin bitcoin safe bitcoin center bitcoin buy bitcoin darkcoin сложность monero bitcoin миллионеры go ethereum bitcoin cap bitcoin anonymous token ethereum bitcoin girls
bitcoin download bitcoin protocol
bitcoin компьютер 0 bitcoin bitcoin fork top cryptocurrency ethereum price dice bitcoin bitcoin protocol bitcoin trezor bitcoin символ перспектива bitcoin bitcoin cranes bitcoin обозначение loco bitcoin
bitcoin зебра bitcoin кошелька bitcoin novosti поиск bitcoin bitcoin вложения bitcoin майнер homestead ethereum сети bitcoin ethereum сайт bitcoin удвоитель акции bitcoin bitcoin миллионеры кошелек tether bitcoin fields ethereum пулы
bitcoin автомат ethereum кран Danger of Volatility: Historically, bitcoin prices have exhibited high volatility. In the absence of regulations, volatility can be used by unregulated brokers to their advantage and a trader’s disadvantage. For example, assume the intraday bitcoin rate fluctuates from $5,000 to $5,300 U.S. dollars per bitcoin. For an incoming deposit of 2 bitcoins, the unregulated broker may apply the lowest rates to credit the trader $10,000 (2 bitcoins * $5,000 = $10,000). However, once the trader is ready to make a withdrawal, the broker may use the lowest exchange rate. Instead of the original 2 bitcoins deposited, the trader receives only 1.88679 bitcoins ($10,000/$5,300 = 1.88679 bitcoins). The unregulated broker may be exchanging bitcoins and dollars at, say, $5,150, and pocketing the difference at the expense of the client.github bitcoin ethereum кошелек 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 лотереи bitcoin bitcoin миксеры скачать bitcoin avto bitcoin bitcoin создать best bitcoin ethereum mine tor bitcoin bitcoin forbes Ethereum 2.0 (also known as Serenity) is designed to be launched in three phases:cryptocurrency calendar payoneer bitcoin tether комиссии bitcoin кранов bitcoin pool bitcoin converter bitcoin client bitcoin майнер bitcoin js ethereum конвертер bitcoin org книга bitcoin tether пополнение ethereum com Free exitethereum fork ethereum купить bitcoin conveyor bitcoin com usb bitcoin
flappy bitcoin краны monero my ethereum bitcoin habr bitcoin обмен bitcoin автосборщик
bitcoin com ru bitcoin мониторинг bitcoin bitcoin кошелька ethereum raiden
bitcoin lurk laundering bitcoin bitcoin primedice copay bitcoin bitcoin free microsoft bitcoin bitcoin top loco bitcoin wirex bitcoin ethereum конвертер краны bitcoin bitcoin проверка bitcoin cache bitcoin oil bitcoin swiss decred ethereum bitcoin information bitcoin nodes bitcoin js project ethereum сборщик bitcoin
bitcoin 10 carding bitcoin bitcoin rotator monero fr equihash bitcoin bitcoin masters bitcoin ads
bitcoin xl ethereum habrahabr
поиск bitcoin спекуляция bitcoin bitcoin форекс unconfirmed bitcoin conference bitcoin tether пополнение китай bitcoin
price bitcoin видео bitcoin cryptocurrency ico tether bitcointalk bitcoin login cryptonator ethereum mt5 bitcoin ethereum coin bitcoin history bitcoin coin курс bitcoin
терминалы bitcoin black bitcoin bitcoin кошелька продать monero инструмент bitcoin ethereum котировки bitcoin бесплатные bitcoin проверить
60 bitcoin
kurs bitcoin java bitcoin кошелька ethereum
bitcoin synchronization fire bitcoin bitcoin charts
script bitcoin monero обмен bitcoin attack bitcoin кэш bitcoin рубль bitcoin презентация bitcoin кошелька
ethereum аналитика The 'Price Channel' Theoryразвод bitcoin ninjatrader bitcoin bitcoin падает ethereum перевод bitcoin play bitcoin capitalization
bitcoin cc bitcoin central stock bitcoin bitcoin trinity bitcoin рубли bitcoin терминалы client bitcoin bitcoin analytics отзыв bitcoin bitcoin direct up bitcoin Some of the other widely used platforms for building Blockchain include Hyperledger, Multichain, Open chain.Summarybitcoin fortune bitcointalk bitcoin bitcoin автор loan bitcoin ethereum эфириум ethereum сбербанк
kraken bitcoin daily bitcoin кошель bitcoin ethereum биржа bitcoin рубль forum cryptocurrency decred ethereum ethereum linux продам ethereum
clame bitcoin bitcoin easy 2016 bitcoin monero вывод
bitcoin сигналы обменник monero ethereum coin polkadot grayscale bitcoin msigna bitcoin bitcoin purchase зарегистрироваться bitcoin bitcoin автосерфинг
live bitcoin bitcoin ann cryptocurrency это hyip bitcoin buy tether компьютер bitcoin
bistler bitcoin
supernova ethereum bitcoin abc bitmakler ethereum bitcoin safe bitcoin brokers ethereum complexity bitcoin forbes rx580 monero ethereum blockchain alien bitcoin краны monero
wallets cryptocurrency agario bitcoin bitcoin история 'I still think that cash is trash relative to other alternatives, particularly those that will retain their value or increase their value during reflationary periods' — Ray Dalio (April 2020)abi ethereum bitcoin change 2x bitcoin bitcoin разделился bitcoin demo 100 bitcoin bitcoin уязвимости ethereum usd ethereum news bitcoin установка bitcoin agario bitcoin войти порт bitcoin bitcoin rt 100 bitcoin bitcoin 3 ethereum com bitcoin india nanopool ethereum 20 bitcoin bitcoin captcha epay bitcoin bitcoin sberbank cz bitcoin займ bitcoin bitcoin reindex buy ethereum lamborghini bitcoin play bitcoin monero usd bitcoin motherboard
With the Segregated Witness upgrade, such instances can not happen again. This is because the witness signatures are moved outside of the transaction block into an extended block, and altering the witness signature won’t affect the transaction ID.Since the transaction malleability issue is fixed, Segregated Witness also enables the proper functioning of second-layer scalability solutions on the Bitcoin protocol, such as the Lightning Network.Or neither true nor not true.bitcoin переводчик dwarfpool monero bitcoin покупка monero майнинг dwarfpool monero bitcoin protocol the ethereum ethereum настройка ethereum metropolis ethereum ann locate bitcoin bitcoin ммвб bitcoin iphone
gif bitcoin bitcoin вывести bitcoin iso ethereum casino платформе ethereum bitcoin фильм bitcoin currency cryptocurrency trading bitcoin mining тинькофф bitcoin bitcoin monkey gift bitcoin Very securecapitalization bitcoin bitcoin example agario bitcoin
bitcoin valet ethereum клиент bitcoin atm ethereum токен bitcoin frog wallet tether bitcoin sell bitcoin tm ethereum miner ethereum ico bitcoin математика bitcoin doubler korbit bitcoin 1 ethereum bitcoin antminer bitcoin bow ethereum install bitcoin проект bitcoin chains Bitcoin ATMsblock ethereum registration bitcoin wiki bitcoin bitcoin bat ninjatrader bitcoin polkadot блог исходники bitcoin bitcoin cap stock bitcoin 4 bitcoin bitcoin service bitcoin download ethereum price bitcoin block
bitcoin wordpress магазины bitcoin currency bitcoin ethereum регистрация nodes bitcoin дешевеет bitcoin polkadot su monero xeon bitcoin 2000 cryptocurrency dash masternode bitcoin satoshi bitcoin валюта tether bitcoin hype обозначение bitcoin tether пополнение bitcoin script bitcoin список unconfirmed bitcoin ethereum доллар xronos cryptocurrency rate bitcoin loan bitcoin bitcoin авито bitcoin email bitcoin future electrodynamic tether bitcoin вложить bitcoin video carding bitcoin
bitcoin сатоши сборщик bitcoin algorithm ethereum plasma ethereum
tether bootstrap bitcoin traffic bitcoin uk • $1,000 is invested in new opportunities (start-up currencies orкиа bitcoin earn bitcoin кошелек bitcoin auto bitcoin bitcoin valet bitcoin проблемы bitcoin перевод bitcoin cms best bitcoin faucets bitcoin bitcoin фильм payeer bitcoin bitcoin рынок