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Launch an ICO using Ethereum Network?

Submitted by John_Walder, , Thread ID: 222479

John_Walder
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20-10-2021, 03:05 PM
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ICO has become one of the most popular ways to raise funds. It was between 2017 and 2018 when ICO made its impact. During this period ICO proved its credibility. You can launch ICO to raise funds in a hassle-free manner. But you will require crypto tokens to proceed to ICO. The blockchain network you choose will have a great impact while launching an ICO. So, you must select a Blockchain network to create tokens.  

We all are familiar with the Ethereum blockchain and Ether coins. It is a highly recommendable blockchain to create your tokens. But before you make a decision, let me brief you on the impact that Ethereum has created on ICO. As mentioned earlier, it was between 2017 & 2018 when ICOs stormed the crypto community. During this period the tokens which were sold to fund by the entrepreneurs were mostly of ERC20 standards. ERC20 is the fungible token standard of the Ethereum blockchain. It has played a vital role in the enormous outbreak of ICOs. This states how certitude the token standard, as well as the blockchain network, had among the investors. 

The other reason to create ERC20 tokens to launch an ICO is its popularity. Ethereum has the utmost popularity among the blockchain networks. Wondering what popularity can Ethereum Blockchain do to your business here? Investors would mind knowing what they are up to. They will definitely be more interested to invest if they know what actually you provide to them. With the Ethereum blockchain, it will be a cakewalk. The popularity of Ethereum can bring you more investors when compared to other networks. Also to spice things up, a stat provides that almost 70% of the tokens in the marketplace are based on the ERC20 standard.   
 
Conditions to note while creating ERC20 tokens
Smart contracts are the major factor while creating an ERC20 token. You can create ERC20 tokens all by yourself. Except for the smart contracts. You will require an expert’s guidance to implement a smart contract. Or you can generate your tokens from a token generator. But the smart contracts in those tokens will be implemented prior to generating the token. You cannot implement the smart contract along with the functionalities you require for your business. That is why it is always recommendable to create tokens from an ERC20 token development company. Consulting them will give you clearance on creating an ERC20 token.
If you are wondering where to find an ERC20 token development company, then I would like to suggest Zab Technologies. It is a renowned blockchain development company working in crypto token development services. You can consult the Blockchain experts there and create your tokens in an efficient way. You can contact them via 
Mail-id: [email protected]
Whatsapp: +91 77085 29089
Telegram: https://t.me/Zabtechnologies
skype: live:contact_86571

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