creating a token without money - page 2.

TastyChillySauce00

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Quote from: Adigvcdh on September 12, 2023, 03:10:36 PM

hello, is it possible to create a token and make it very famous without capital?

Did you mean even without some pennies? It's not possible mate. Making token needs money as it's the main requirement. How can you try to issue your contract without even paying the gas fees?
If you don't have money and never think to create your own token. You need gas to make your own token and it requires money.

You will never ever able to issue your own token without money. What about marketing, liquidty, etc?
If you are willing to issue your own token to be sold for money and then forgot it. People will mark you as scammer. You said that you wanna make your token become famous and money is actually needed in this case.

Stop dreaming to create famous token without money. It will never possible this time.

Wiwo

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Quote from: shinratensei_ on September 12, 2023, 05:54:03 PM

Quote from: Wiwo on September 12, 2023, 05:04:18 PM

Quote from: Adigvcdh on September 12, 2023, 03:10:36 PM

hello, is it possible to create a token and make it very famous without capital?

The ethereum blockchain have opened up a lot of possibilities and this is one of them, I have hard of forks creating tokens out of nothin and what you should used to determine the worthlessness of a coin is the value attached to it, so if you see any coin that is worthless and delisted from exchange that coin is a good example of a token that is created without money or zero value. So it is as simple as that and if have to understand that that accepting such tokens into your wallets may end up becoming spam tokens in the long run.

and most coins deployed nowadays are quite worthless like just testing the water for people that have no clue about how to create proper token in which gonna sustain for long and could also achieve success.
token nowadays aren't representing a project and their products anymore, its more of just some silly joke about creating token which essentially is shit token and then just hoping that someone would invest in it and gain success. if thats what people are intending when it comes to creating token, then they are quite literally just creating a spam token.
I personally not really favour such behaviour since it just means that they are just infesting the blockchain with shit token, i think everyone creating token should have utility and fundamental in their mindset for their token that they are about to create.

I agree with you on that, that is why altcoin nowadays with the introduction of memecoins and other shitcoins that have made the altcoin market to become a shit hole for various worthless coins, and this is motivated with the fact that any one can create a coin out of nothing.

But not every project have the capacity to sustain its relevance in the market and that is why for any project to be successful, there is a need for the team to have huge capital that will propel the project to a certain height before anything else.

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Quote from: Adigvcdh on September 12, 2023, 03:10:36 PM

hello, is it possible to create a token and make it very famous without capital?

Yes, making a token without capital or at least dirt cheap capital is possible given that there are some blockchain platforms that allows you that. Though I doubt that you can make it famous without having your marketing funds. It is still doable if you have a very good influence on social media or has a bright strategy to get people attention in checking your token. But yeh it is still unlikely as you aim for he very famous goal, I assume like the top 20 coins level in the market.

shinratensei_

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Quote from: Wiwo on September 12, 2023, 05:04:18 PM

Quote from: Adigvcdh on September 12, 2023, 03:10:36 PM

hello, is it possible to create a token and make it very famous without capital?

The ethereum blockchain have opened up a lot of possibilities and this is one of them, I have hard of forks creating tokens out of nothin and what you should used to determine the worthlessness of a coin is the value attached to it, so if you see any coin that is worthless and delisted from exchange that coin is a good example of a token that is created without money or zero value. So it is as simple as that and if have to understand that that accepting such tokens into your wallets may end up becoming spam tokens in the long run.

and most coins deployed nowadays are quite worthless like just testing the water for people that have no clue about how to create proper token in which gonna sustain for long and could also achieve success.
token nowadays aren't representing a project and their products anymore, its more of just some silly joke about creating token which essentially is shit token and then just hoping that someone would invest in it and gain success. if thats what people are intending when it comes to creating token, then they are quite literally just creating a spam token.
I personally not really favour such behaviour since it just means that they are just infesting the blockchain with shit token, i think everyone creating token should have utility and fundamental in their mindset for their token that they are about to create.

nelson4lov

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Quote from: Adigvcdh on September 12, 2023, 03:10:36 PM

hello, is it possible to create a token and make it very famous without capital?

It's not possible. At least, from what I know. First things first, you need to have initial liquidity to bootstrap the project. Initial liquidity will ensure that users of the token protocol can participate on either side of the market effectively. In addition to this, there are other requirements but having liquidity is one of the top priorities ~ "Need to have". Other requirements like:

– Creating a secure token using appropriate standards
– Marketing, team, operations, etc.

Amongst others.

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Quote from: Adigvcdh on September 12, 2023, 03:10:36 PM

hello, is it possible to create a token and make it very famous without capital?

What do you mean by creating in the first place? If it's literally just that, then afaik you can. Just a knowhow of how to code or hire a dev who knows and you should be able to technically create one. If you want to introduce it to investors though, even if the use case isn't something directly related to money, you'd still need capital since just the marketing for it would require a lot of man power which you can't exactly do by yourself since it'd take way too slow. There's probably a lot of other stuff that I don't know that goes on, but those probably require capital as well so yea, without one your project wouldn't really go far (or anywhere really).

Wiwo

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Quote from: Adigvcdh on September 12, 2023, 03:10:36 PM

hello, is it possible to create a token and make it very famous without capital?

The ethereum blockchain have opened up a lot of possibilities and this is one of them, I have hard of forks creating tokens out of nothin and what you should used to determine the worthlessness of a coin is the value attached to it, so if you see any coin that is worthless and delisted from exchange that coin is a good example of a token that is created without money or zero value. So it is as simple as that and if have to understand that that accepting such tokens into your wallets may end up becoming spam tokens in the long run.

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Quote from: Adigvcdh on September 12, 2023, 03:10:36 PM

hello, is it possible to create a token and make it very famous without capital?

Yes you can create that but these days I think you have to have that in order to succeed unless you're really that famous already and the only work to do was to share it. If it's very decentralized coin/token that would really be fine but if it's not I don't think so. You can create it and airdrop it, that's one thing to get popular.

TimeTeller

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creating a token is always very cheap, it almost don't need money you just need to pay the gas fee and thats it, the thing that makes it requires a lot of money is when you wanna make your coin somewhat popular, and have high value, you will have no choice but to provide liquidity for your coin using real money in which in this case most often is gonna be massive for individual.
but if you just wanna be deploying token just for fun then you just deploy it and thats it, moreover you could always try your luck with token and just deploy token whatever you want and then let it see whether some people gonna favour the token which is highly unlikely but it comes back with your intention again, if its just for fun, thats fine right?
its different with creating token for the sole purpose of a real project that you really trying to build.

And such endeavor will just create another crap token if the OP wants to create a token without much of financial investment.
Basically, anyone can just create their own token, however, the question is what for?
Most are just screwing naive individuals promising their token to have of value in the future.
However, they are just looking for reasons to exhaust money from those gullible ones who will take their bait.
If you have no valid reason why you will create one, better stop your idea rather than add more worthless token in the market.

JeffBrad12

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creating a token is always very cheap, it almost don't need money you just need to pay the gas fee and thats it, the thing that makes it requires a lot of money is when you wanna make your coin somewhat popular, and have high value, you will have no choice but to provide liquidity for your coin using real money in which in this case most often is gonna be massive for individual.
but if you just wanna be deploying token just for fun then you just deploy it and thats it, moreover you could always try your luck with token and just deploy token whatever you want and then let it see whether some people gonna favour the token which is highly unlikely but it comes back with your intention again, if its just for fun, thats fine right?
its different with creating token for the sole purpose of a real project that you really trying to build.

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Quote from: Adigvcdh on September 12, 2023, 03:10:36 PM

hello, is it possible to create a token and make it very famous without capital?

You need money to market it and you need an amount to create a token so it is impossible to do this without capital and it's not going to become popular if it doesn't have a usage and a platform. This is the reason why projects are launching crowdfunding to fund their platform and create it, At this point in time an idea to materialize needs funding.

If you do not have capital and you have a unique concept and idea and you think that it will have good support in the community, you can do private crowdfunding all you have to do is pitch this to investors.

purinZ14

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First of all you’re gonna need to make a blockchain and if you have no experience or whatsoever in that, you’re gonna want to avail the many providers of services online that will definitely require you some money. Even if you have experience, you still need the software which I’m pretty sure would still require you some money. Now, creating and making it popular are two different things. You’re gonna need to make sure your token is known so you basically need to promote it. In short, one way or another you’re gonna be needing some money.

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Quote from: Adigvcdh on September 12, 2023, 03:10:36 PM

hello, is it possible to create a token and make it very famous without capital?

Yes, unless you're Vitalik, Elon, and other prominent names in the world.

That's pretty easy for them as they've got a bunch of followers and if you're ever planning to do this, you can just work on it as if you're working on your own personal project.

And from there, you can add that to your portfolio to show employers that you've got skills in doing that as it's more of programming.

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Quote from: Adigvcdh on September 12, 2023, 03:10:36 PM

hello, is it possible to create a token and make it very famous without capital?

It is not possible to do so; except you want to achieve your dreams in only the testnet phase. Why? To launch a token you need to

1. Pay service fee to create the token.
2. If you are not a contract developer, you have to pay a contract developer to assist you in modifying the token you have just created
3. To launch a token you need social media accounts, social media team, moderators and a marketing budget.

4. There are more requirements; and i gladly inform you that there are no guarantees your token can be famous even after investing alot

Adigvcdh

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hello, is it possible to create a token and make it very famous without capital?

Topic: creating a token without money - page 2. (Read 216 times)