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Things To Remember While Creating Tokens
- Define the purpose – When you develop a token, you should tell the purpose of its existence, like what it will be used for, who can use it, and what problems it will solve.
- Legal implications – Ensure that ‘crypto’ is legal in your country (or where you are developing). Consult a legal advisor to ensure that whatever you are doing is legal.
- Resources – You need to invest in a good team (crypto analysts, spend a few thousand dollars as an initial investment. Contact us to get an estimated cost of token development.
- Team – The success of your token depends on the team you have on your side. So choose a team that is skilled in the blockchain and the crypto space.
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