The core skill of the cryptocurrency circle is ICO, and it is definitely not cryptocurrency speculation!
Issuing coins is the most profitable way in the cryptocurrency circle, without a doubt. Just take a look at the coins ranked around 400, and you will find that their market capitalizations are all over 100 million. The skill we will unlock today is to issue coins with one click through the DODO platform.
1. Determine the purpose and plan of issuing coins
Clarify the purpose: determine the purpose, target audience and market positioning of the coin.
Technology planning: Select a suitable blockchain platform (such as Ethereum, BSC, etc.) and understand related technologies and standards.
2. Design token parameters
Token Name and Symbol: Give the token a name and a short symbol.
Total quantity and distribution: Determine the total issuance amount of tokens, the initial distribution plan and subsequent issuance plan.
Economic model: Design the token’s incentive mechanism, inflation/deflation rate and other economic models.
3. Writing smart contracts
Smart contracts for tokens are written using programming languages such as Solidity.
Ensure that the contract complies with the standards and specifications of the chosen blockchain platform.
4. Smart Contract Audit
Submit the smart contract to a professional security audit agency for review.
Modify and improve the contract code based on audit opinions.
5. Deploy smart contracts
Deploy audited smart contracts on the chosen blockchain platform.
Get the contract address and related information of the token.
6. Token Distribution and Listing
Distribute tokens to initial holders or conduct activities such as airdrops.
Listing the token on an exchange (if the plan is to make the token liquid), which usually requires meeting the exchange’s listing requirements and processes.
7. Marketing and community building
Develop marketing strategies to increase the visibility and recognition of tokens.
Build and maintain the community, interact with users, collect feedback and continuously optimize. #DODO助力Meme发行 @DODO