We all know that ERC20 has dominated the blockchain space for creating tokens since the beginning. Creating a token with ERC20 standards is an easy process and can be done by anyone. In the modern era, we all need things to happen fast. Yes, it's good. But what about the quality? Rome wasn't built in a day. Right? If you are willing to develop tokens with all the desired features you require, then you will have to try something more significant.
Several features are available to add to the ERC20 tokens. I've listed three important features that might help you.
Proof of Stake: Proof of stake is a feature where you, as the owner, can put your tokens as collateral. Proof of stake provides security to the token you have created.
Token Wallet Integration: While creating an ERC20 token, it is mandatory to have a token wallet address. You can request this feature from the organization that is providing you with the ERC20 token creation service. With a token wallet address, you can store your ERC20 tokens. These wallets store the tokens as long as you want, send and receive tokens, and gas lot more specifications.
Mintable Token Development: Initially the tokens may be limited, if the entrepreneur wishes to mint more tokens, then this mintable function can help with minting more tokens. This way you won’t have to worry about the limited supply.
Steps to create ERC20 tokens with desired features.
You can create your ERC20 tokens with all the features you think will help your business. Yes, here is a list of steps to be followed.
- List out the ideas which can help you with your business.
- Identify a company that is best in providing ERC20 token development services.
- Consult with the experts to enhance your chances of selling ICO tokens.
Now be relaxed as your token will be developed with the exact features you require.
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Topic: Features and its benefits of creating ERC20 tokens: (Read 72 times)