Altcoins Talks - Cryptocurrency Forum
Learning & News => For Beginners => Basic Questions about Cryptos => Topic started by: Koobace14 on November 28, 2024, 06:18:50 PM
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Seriously guys, I've always thought that the whole process of creating tokens, managing them and integrating on wallets and exchanges was complex!
I'm not trying to sound ridiculous right now, but tell me how there's about 4,357 tokens already deployed on Clanker the token bot if the process wasn't easy!
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Most token and altcoins are open source especially the known ones, this means that, anyone can 100% copy a token and create their own. It's creation are complicated if you start from scratch and think about your own way and owns idea. But take note most tokens are just copy-pasted, the idea are existed already name are just changed, etc. That's why you saw thousands of coins already there.
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Rather creating a coin is complicated because it needs it's own blockchain and verification mechanism and an ecosystem to support but to create a token you can simply do that instantly and if you have the coding knowledge it's entirely free as well. You just have to pick on what blockchain it will be running. But integrating on wallets will not be specific for token it will be based on what blockchain it's running.
And for listing on exchanges, every exchange has own criteria that will be expensive as well as time taking process.
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That is good point. Fact is that there are so many tokens on Clanker shows that making and managing tokens is not as hard as it seems. Maybe people made process sound more complicated than it really is. Platforms like Clanker have probably made it easier for developers to create and use tokens. Large number of tokens on Clanker is proof that process is easier than people think. It is clear that Clanker has made it simple for developers to make and use tokens and that is why so many tokens are on the platform.
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token creation and management looks easy after all copying projects is easy. but its the marketing that makes it difficult. if you can't find someone to use the token its going to be uninteresting to also buy even if you pump it. this is why those developers are trying to hype their projects despite how useless the token is. they hire few shillers and then influencers to announce it when the token is pumping. sometimes they make it though but then the token also die during bear market.
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Koobace14, I get the feeling that you don't understand what you're doing with your account or that you don't care. Some of your posts have been deleted and you also have two active warnings. Even so, you open another thread to talk about Clanker...
If you continue like this, your account will not remain active for long. Think, act, in that order.
I'm not going to delete this thread, in the hopes that you read this post and change the way you participate in the forum, but I will leave it locked.