First post! I'm looking to start a new erc 20 coin on the Ethereum network. What should the start up cost be? Is there a trusted company I can turn too? If there is other threads on this topic please point me to them, search function is slow on the site. Just looking for some more information current to 2022. Thank you, I look forward to hearing from you all and hopefully getting this project started ASAP! CHEERS!
If you wanna create your own token and you must have good basic knowledge about that. The most important thing you must remember is that if ERC 20 tokens charged you non sense fees. It's better if you are searching for an alternative blockchain like matic or BSC. This will cost you less than what ethereum blockchain will cost you. Try to remember that if you are also wanna distributing your token to another address and this will charge you very high fees for any transactions.
You can try to hire someone to create a token for you and then try to audit the code to a competent auditor like certik and hacken.
I think that you can start with this way. You can start your project as soon as you want