How to launch your own crypto: my personal experience

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Have you ever dreamed of creating your own digital coin? I have, and I found that although it is complicated, it is worth trying. I share my journey with you so that you do not make my mistakes.

Select your technological base

First, you must decide on which blockchain to build. I initially leaned towards Ethereum, but then I considered Solana for its speed. Each option has its pros and cons:

  • Scalability varies greatly between platforms
  • Security levels are critical (and many underestimate them)
  • The available technical support can save you or sink you
  • An active community is more valuable than you can imagine
  • Commissions can devour your project if you don't calculate them well.

Define your vision

When I designed my crypto, it was hard to choose a name and symbol. But what was really difficult was deciding the total supply and the consensus mechanism.

For consensus, you have two main paths:

  • Proof of Work: the classic mining that consumes energy like a demon
  • Proof of stake: more eco-friendly but with its own centralization issues

The initial distribution is also crucial. I made the mistake of pre-mining too many coins and lost credibility.

Develop and test rigorously

If you don't code, you'll need to hire help. Don't skimp here - a vulnerable code can destroy your entire project. Testing must be thorough before launching anything public.

The launch: the moment of truth

When I finally launched my crypto, I realized that the real work was just beginning. Exchanges won't easily list you, and building a community requires constant dedication.

Tips from my failures

  • Define a real purpose: no one needs another coin without utility.
  • The community is everything: without users, your crypto is just dead code.
  • Marketing is not optional: the best ideas fail without visibility
  • Patience runs out quickly when things don't go as planned.

Creating a crypto is fascinating but brutal. Most fail, and for good reason. Think twice before diving into this world.

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