Currently, the daily active users of the Base chain exceed 500,000 during peak times. With the launch of more applications and ecological incentives, the DAU may reach between 1 million and 2 million by the end of 2024. The TVL of the Base chain has surpassed $500 million. If the DeFi ecosystem continues to expand, the TVL may reach between $2 billion and $5 billion by the end of 2024.
Issuing tokens on the blockchain is no longer as mysterious as it used to be. With the maturity of tools and platforms, ordinary people can easily create their own tokens. GTokenTool is a tool that helps users create tokens on the blockchain, especially on the Base chain. Base is an Ethereum layer 2 scaling solution that offers low gas fees and fast transactions.
Below is an introduction on how to use GTokenTool to create base tokens.
One-click token issuance process on Base
Step-by-step explanation:
1. Connect wallet: Open GTokenTool, connect your wallet, and ensure that the wallet is switched to the Base chain.
2. Fill in information: Fill in necessary information such as the full name, abbreviation, and issuance quantity of the token. Since this is a blockchain system, this information will not involve copyright issues.
3. Confirm creation: After clicking the create button, complete the secondary confirmation.
4. Pay fees: After confirming everything is correct, the wallet will pop up a payment window. After completing the payment, the token can be successfully created within seconds.
Upon success, you will receive a contract address. You can check the token's on-chain status through a blockchain explorer to confirm whether the issuance was successful.
Common issues in Base token issuance
During the process of issuing tokens on the Base chain, you may encounter some common issues. Here is a summary of my experiences:
Logo display issue: Tokens created on the Base chain do not have a logo by default. This is different from the Solana chain. The display of the logo depends on the wallet or market platform. For example, Metamask or OKX Web3 wallets require separate applications, and the application process is generally complex and costly.
Why choose GTokenTool
With the development of Web3, one-click token issuance technology has become very mature. This technology lowers the entry barrier for users, providing a convenient solution for those who do not know how to program. The reasons I choose GTokenTool mainly include the following points:
Price advantage: The fees for GTokenTool are relatively low. For example, the cost of creating tokens on the Base chain is only 0.01 ETH, while other platforms generally charge between 0.02 and 0.03 ETH. If there is a large demand, this price advantage is very significant.
Diverse functions: GTokenTool supports up to seven or eight types of token contract features, including LP dividends, LP mining, and native coin dividends, and also supports Mint presales, with rich and practical functionalities.
Security assurance: As one of the largest token issuance platforms in the industry, GTokenTool has a good reputation, and its Github page公开了所有合约代码. This transparency greatly enhances users' trust.
In summary, from price, functionality to security, GTokenTool is a trusted choice. Of course, everyone's needs are different, and users can choose the appropriate platform based on their own situation.
Conclusion
GTokenTool is a powerful token creation tool, particularly suitable for quickly deploying tokens on the Base chain. Its multi-chain support, security, reliability, and low cost make it an ideal choice for developers and project teams. Whether it's a startup project, game, NFT, or DeFi protocol, GTokenTool can meet diverse token needs.