An initial coin offering is a renowned crypto crowdfunding method and it is quite simple to launch an ICO platform. The ICO platform can be launched in the Ethereum blockchain by creating an ERC20 token.
The ERC20 token is a fungible token that can be exchanged with other tokens and it is easy to create and deploy. ERC20 tokens help for a quick fundraising process where the transactions are done at a faster rate because of their high liquidity. Due to its beneficial properties, it has been highly preferred for crypto token creation by startups and entrepreneurs.
ERC20 has many reasons to be chosen among the other crypto tokens in the crypto marketplace. Here, I have listed some of the important ones that will help you to make your ICO more efficient.
- ERC20 tokens are created on the prominent blockchain i.e Ethereum which has become a successful blockchain platform in a very short period. So, a high level of trust will be built on your ICO if the tokens created are ERC20 tokens.
- ERC20 tokens are the priorly created tokens in the crypto space. It has reached most people and is well-known. So, it helps you to attract more investors to your ICO project.
The prior process to launching an ICO is to focus on the factors
- Hold a business idea
- Draft a white paper
- Create ICO token
- Create an ICO website
- ICO Launch
- Focus on ICO Marketing
While discussing ICO development with ERC20 tokens, follow these steps. Create an ICO on Ethereum by implementing the code functionalities into the ethereum blockchain. If in case, you like to launch an ICO without learning solidity (coding), then approach a good service provider for ICO development. On the other hand, I have done some groundwork to reduce your burden. ICOCLONE, a renowned token development company is dealing with ERC20 token development. They are really good at that, and apart from ERC20 token development, they also offer numerous services such as offering ICO script, STO script, etc.
You can contact their expert team via:
Whatsapp: +91 95005 75285
Email id: hello@icoclone.com
Skype: live: hello_20214