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!
I am not really an expert in creating your own blockchain token but i don't really think that this necessarily has to be extremely expensive. There are certain costs involved for the network fee if you want to create your own token on the Ethereum network. Those can be a few hundred bucks or even a few thousand dollars if your smart contract for your own token is very big. If you have done this step then you have your own token, but it can not be traded anywhere therefore it has no value, which means you have to list on uniswap which also requires a few thousand dollars because you hav to provide liquidity for your trading pair.