If you want to create your own memecoin using Binance Smart Chain (BSC) and potentially integrate it on #Binance later, here is a detailed plan:
1. Choosing the Binance ecosystem
Binance Smart Chain (BSC) is one of the most popular token creation platforms due to its low fees and fast transactions. Your memcoin will be BEP-20 compliant.
2. Creation of BEP-20 token
To create a token on Binance Smart Chain, you need:
Contract code BEP-20
You can use the basic template from the OpenZeppelin library.
// SPDX License Identifier: MIT
pragma solidity ^0.8.0;
import "@openzeppelin/contracts/token/ERC20/ERC20.sol";
contract MyMemecoin is ERC20 {
constructor() ERC20("MyMemecoin", "MEME") {
_mint(msg.sender, 1000000 * 10 ** decimals());
}
}
Token name: "MyMemecoin".
Symbol: "MEME".
Number of coins: 1,000,000 (can be changed).
3. Contract Deployment
Deployment tools:
Remix IDE: A convenient online tool for beginners.
Hardhat: For more complex and customized projects.
Process:
1. Prepare a wallet (MetaMask) with a BNB balance (minimum $10 for testing).
2. Go to Remix IDE or local environment.
3. Compile the contract and deploy it on the Binance Smart Chain network (Mainnet or Testnet).
4. Copy the contract address for further settings.
4. Adding a token to PancakeSwap
PancakeSwap is a decentralized exchange for BSC.
1. Add your token to the liquidity pool.
2. Set the MEME/BNB ratio.
3. Start bidding.
5. Potential listing on Binance
Listing on Binance requires compliance with certain conditions:
Quality product: The project must have an active community.
Technical Audit: Binance requires transparency and security of your contract. Conduct an audit through CertiK, Hacken, or Solidproof.
Application submission:
1. Fill out the listing form.
2. Prepare a detailed project description, marketing strategy, and business model.
Fundraising: Listing on Binance may be free, but large memecoins often use #binancelaunchpad to sell tokens.
6. Memecoin Promotion
Social media: Engage your audience through Twitter, Reddit, TikTok.
NFT: Consider creating memes as NFTs for added popularity.
Partnership: Collaborate with other BSC projects to expand your impact.
7. Features of Binance Smart Chain
Fast transaction processing.
Low fees: ~ $0.10 per transaction.
Scalability support for millions of users.
Creating a successful memecoin is a combination of technical prowess, good humor, and strong marketing. If executed correctly, your token could become the next $DOGE or $SHIB !
Financial costs
Creating a memecoin on Binance Smart Chain (BSC) does not require a large financial investment, but some expenses will be required. Here are the main categories of expenses:
1. Token development
Using OpenZeppelin (or ready-made code): Free.
BSC contract deployment:
Deployment fee: ~0.005 BNB ($1–5, depending on the exchange rate).
Testing on Testnet: Free.
> Summary: From $5 to $10.
2. Smart contract audit
Automated Audit (MythX, Slither): Free or from $50.
Professional audit (CertiK, Hacken, Solidproof): $1,000–5,000 (optional, but important for investor confidence).
> Summary: From $0 to $5,000.
3. Liquidity for trading
To start trading on PancakeSwap, you need a liquidity pool:
Minimum ~$200–500 (in MEME/BNB or MEME/USDT) for initial trading.
Liquidity can be adjusted according to your budget.
> Summary: From $200.
4. Listing and registration
PancakeSwap: Free (just need to create a liquidity pool).
Other exchanges:
Decentralized (DEX): $0.
Centralized (CEX): From $1,000 to $50,000, depending on the platform.
Listing on Binance: Free, but your memecoin must meet quality criteria.
> Summary: From $0 to several thousand.
5. Marketing
Social media (Twitter, Reddit, Telegram): Free or minimal advertising costs ($50–200).
Website for the token:
Simple website (Wix, WordPress): $50–100.
Professional website: $500–1,000.
Bloggers/Influencers:
Small accounts: $100–500.
Large accounts (e.g. crypto bloggers): $1,000+.
> Bottom line: From $100 to $5,000 depending on your goals.
6. Additional costs
Logo and meme design: $50–200.
Legal services: $500–1,000 (optional)
> Summary: From $50.
Savings tip
1. Start with a minimal budget ($300–500): create a simple token and promote it on social media.
2. Expand the budget if the project shows promise (for example
, high demand or community activity).
This will allow you to effectively test the idea and gradually attract more resources.
