Topic: creating a token without money (Read 216 times)

Yes, is possible like Big boys in the game, person like ELO or other big men in the cryptocurrency industries that already established and make names, in other words as a new person have to work hard, including money to get team and others to make coin be famous, through the community generated.

So, this is an important point that needs to be paid attention to. If, for example, you are a genius who is an expert in websites, design, understands smart contracts and cryptography, then you use all your abilities and you can finally create tokens at no cost. But “making it famous” is a very difficult thing. As I said before, even those of you who are Influencers still need money to make your project famous.

If you are a good web designer or if you know the workings of software very well, you can create a token at no cost. If you have a dream you just create a token but without money then you can create that token without money but if you want to trade with that token then you have to spend money. You can never introduce a coin to the market without spending money. You can never develop your own token for free where people work for money. Listing a token on a normal exchange also costs you money. So it is possible to generate tokens for free but it is not possible to list the tokens in the market or introduce them to the market.

https://www.tiktok.com/@thenifty_/video/7229730773102759214

Some guy created a meme coin with just $100... I think there are more videos and articles about this, I think I saw it months ago for the first time. I guess we can say it's a good thing when your partner is ChatGPT.

Money is important, but except money for creating a token you need some skills as well. Anyone can open some AI chat and ask how to create a token with $xxx or without money, and the instructions are very detailed, but it's not like everyone can do it just like that.

Creating a token is free, but to make it famous without using any capital? No it's impossible in today's world.
Ohhh there's one way I think. If you're close friends are the likes of Musk, Bezos, Bill Gates, Robert Kiyosaki, and other businessmen out there, too close that they will promote your token for free.

Overall, those successful companies out there have an allocated budget for marketing. On the other hand, those crypto projects have an allocated budget for marketing as well. You can make it famous though thru bounty campaign here. If investors who are in this forum find your project interesting, and worth to invest their money with, they might invest into your project. Launch your own bounty campaign here, and don't hire any campaign managers. Don't expect too much though if you will try it, because there are many projects who launched their bounty campaign here, but ended up empty-handed even though they used some of their own money to pay for advertising.

It's possible, but the chances of your token to be famous, and successful are low to close to zero. Maybe try to airdrop it, and if your project is unique, many might be interested to invest into it, but if your project is just like what the other projects are offering then just forget creating a token.

Yeah, it's not impossible but you gotta do the impossible just as what they're saying. The majority of the successful projects that we've seen have got budgets not just with their pockets but also have some support and ready-funds if ever they're still in need. Let's say some of them didn't really have funds but they still made success. Well, that was before, and before is different today. When investors see that you've got not enough funding for the project, they're just likely to dump you whenever you're in the exchange already. And how much more if the exchange where you first get listed is even an ugly exchange where most of the shitcoins are being put. @OP, if you have a plan out there on making one, many will discourage you because that's what is the reality about crypto projects and you shouldn't add anymore to the many shitcoins that we have in the market already.

It's just luck and if the token is really good, and you know how to use the public for promotion and create hype.
You can use your tokens to create rewards for participants who help you promote your tokens.

However, if I look at how you look for information, even about something like this. I'm not sure that this will be easy. Especially if you still don't understand how the flow works and how to make the token become hype on its own.

Something that is successful usually requires more capital but still requires capital. And you also need a team, it won't be easy if you work alone without a team to support you and help you in various things. Because this is not just making tokens and selling them, but there are many things that need to be considered.

It is, of course, almost impossible. I advise you to forget the matter if you do not have money and significant capital. Creating the token, marketing it, establishing its community, listing it on CEX platforms, and paying the wages of the team of developers, advisors, designers, marketers, translators, community managers, and others requires thousands of dollars. There is also no guarantee that it will become famous or successful after paying this money and succeeding in creating the token and building its project. The matter depends on the experience of the token team, its unique idea, its benefits in terms of its use cases, the passion of investors and influencers for it, the promotional plans and strategies used in marketing it, and many factors, so if you would like to create a famous token without capital, even if you are a public figure and famous, you will require money.

if its pure innovation that gonna make breakthrough then it always possible to become famous even with little to no capital but the thing is that such project usually already have angel investors in the early stage meaning they are already being invested heavily so I don't think there will be such project without the backing from good investment companies out there, but regardless its still being considered starting out from zero and with no capital so I guess it does possible.
but honestly speaking, there are not many project that starts out without capital, at least they gonna spent some generous sum for marketing, but such thing could also be done freely using something like airdrops through finishing some tasks which is marketing.

If you want to generate mainnet token then you must pay token generation fee. And if you want to generate tesnet token you don't need to pay any fee because it is completely free.
Tokens are generally of 2 types.
1. mainnet
2. tesnet
Tokens are usually created in the name of a company that investors invest in. If everything is fine.

No, it is almost impossible, mostly people follows these project which have a strong funding, and they have lot of money for marketing. As when I was doing airdrops, mostly people would do these type of airdrops which have more funding.

In My Opinion Creating a successful and famous cryptocurrency without capital is extremely challenging but not entirely impossible. Building a cryptocurrency project typically requires significant resources for development, marketing, and infrastructure. t's important to note that while it's technically possible to create a famous cryptocurrency without capital, it's a high-risk endeavor. Most successful cryptocurrency projects have some level of financial backing to support development, marketing, and infrastructure.

No, because how people would provably know if your token exist if you don't have money to use on marketing?

Also its not possible because listing fees is also important factor so don't really think that because you create a token people will buy that. You need to sell some smart ideas ir usage so that it can convince people and not about thinking that you can easily get rich with this. If you think your idea is great an innovative find a institution that can fund your project. Try to invite your friends or your family members maybe they could help you fund your ideas.

Trying to make a token famous on a shoestring budget is like trying to win a marathon in flip-flops. While it's a tough road, it's not impossible. You'll need a killer idea, a strong community, and some serious hustle. But remember, in the crypto world, even with capital, it's a rollercoaster, so brace yourself for some twists and turns!

I couldn't really imagine doing that task without spending any amount. Although I don't try doing it but I know it needs some money to work. Why? You can't be all that free and ask all of your friends to lend their hands and offer free services to you. Maybe you can pay them small but not totally free.
But since you are asking about this, I encourage you to do it personally just for you to know if that went successfully or not. Because I was certain that nobody dared to try it because once you wanted to succeed, you also needed to spend more money on that.

You need maybe small amount of money cause no services for token generation might actually free. So its a NO. I think there are plenty of users created token without much capital but gained a tremendous amount of profits since their token got hype or becomes a serious one. Well it depend on the traction youll create during the initial launch. Mostly memecoin or shitcoins that turns out to be hype or people like the idea of your tokens.

You may be able to create a token without spending money, but you may not be able to introduce that token to the market without spending money. For digital marketing of a coin you must spend money because no one will promote your coin for free. If you have a plan to work with a token, make that plan long-term and think about how to make the token permanent in the market. After painstakingly creating a coin and getting that coin widely known, you certainly don't want your token to disappear from the market. So whatever token you create make sure you have a long term plan with that token.

NOT possible. Everything you still need cash to make is successful, how much more if you wanted in famous. If you are aware of the listing process to big exchanges, you'll be paying them much. In fact, even scammers spend a lot of money in order to fulfill their goal just like creating tokens.
Maybe you can create token/s just for you but never think it will gain attention or publicity. If you want to see your project become successful, then expect huge capital as well for this can't be made solely but you need other hands or services to help reach your goal and pay them.

If you have all the capabilities to create a token, without promoting it, of course it will be very difficult for your token to be known by people. There are tens of thousands of projects on the market. How will people know about your token if you don't promote it? Unless you are an influencer, it is not impossible, but it is very difficult to make it happen.

If you have a good idea, the best way is to find the investors to present your project idea. This will identify the market research and the business value of the project.  From the token deployer to launch, you need funds. Otherwise, it will be a big failure.

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.

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.

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.

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.

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.

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).

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.

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.

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.

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.

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.

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.

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.

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

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