Ethereum Token Development (1)

1
www.turnkey town.com
2
Ethereum Token Development is the process of
developing Ethereum tokens under any of the
token development standards available. Each token
standard has unique attributes that design the
tokens' characteristics and functionality. The
created token can be used in ICOs, STOs, smart
contracts, Dapps, decentralised exchanges,
etc. Various ERC Token Standards
Available ERC20 ERC777 ERC721 ERC223
www.turnkeytown.com
3
ERC827 ERC865 ERC1400 Let us discuss the
benefits and development process of an ERC20
token in this blog. Benefits of ERC20 Token
Development There are myriad benefits of ERC20
tokens development. Some of the major benefits
are highlighted below Transactions are quicker
and can be confirmed more effectively through
ERC20 tokens. Once a transaction is done using
an ERC20 token, it cannot be modified. There
would be a very lower percentage risk of contract
interruption.
www.turnkeytown.com
4
With ERC20 tokens, the token implementation and
execution process will become easy for
developers. ERC20 tokens can be converted to cash
immediately as they possess high liquidity. They
assure risk-free transactions. How to Create Your
Own ERC20 Token? An ERC20 token creation
involves the following steps. Choosing the Name
This is the first step when it comes to token
creation. An attractive name should be chosen
for your token.
www.turnkeytown.com
5
Total Supply You have to give the exact number
of tokens that are in circulation in the market
as allocated by the owner. Token Decimal Places
There are 8 decimal places that would indicate
the fraction part of the token. Balance of This
is the final step the authorised persons will re
ceive their token balances to their
addresses. There are many companies that offer
ETH token development services. Hire the best in
the market and begin with your token development.
www.turnkeytown.com
6
Get Closer With Us
Send us an email info_at_turnkeytown.com
Call us 91-93848 01116
Our Webiste www.turnkeytown.com