Issuing Your Own Encrypted Digital Asset: A Complete Guide from Token to Blockchain

Do you want to create your own crypto assets project? This is a decision that is both full of opportunities and requires deep thought. If you are considering how to create your own token or coin, then you need to first clarify two core questions: do you want to issue a token on an existing blockchain, or do you want to build your own blockchain ecosystem from scratch.

Coin and Token: The Choice Determines Everything

There are two main forms in the world of Crypto Assets.

Blockchain native coins refer to assets that have their own independent blockchain. For example, Bitcoin operates on its own blockchain, and Ethereum (ETH) does the same. These types of coins typically carry the core functions of the network—paying transaction fees, participating in staking, gaining governance rights, and so on.

Token is a digital asset that is parasitic on existing Blockchain infrastructure. For example, the CAKE Token of PancakeSwap is built on the Binance Smart Chain (BSC), and it has specific uses within that ecosystem (paying transaction fees, participating in governance), but it does not have an independent Blockchain.

The complexity difference between these two paths is enormous. Creating a Token is relatively simple, with ready-made tools and code templates, and the technical threshold is low; sometimes it can even be completed in 15 minutes. However, creating a coin requires a development team that understands Blockchain architecture, encryption, and network operations, and the time and funds invested are an order of magnitude different.

Choose the right platform for twice the results with half the effort

If you decide to issue a token (which is also the choice of the vast majority of projects), the platform selection is crucial.

Ethereum is the oldest smart contract platform. The ERC-20 standard has standardized the issuance of tokens, with the broadest ecosystem support. The downside is that transaction fees are expensive during network congestion.

Binance Smart Chain (BSC) offers a cheaper and faster alternative. The BEP-20 standard is highly compatible with ERC-20, and the ecosystem is thriving. This is the preferred choice for most new projects.

Emerging chains like Solana and Polygon also offer different trade-off solutions—lower fees, faster transactions, but the ecosystem is still in the development stage.

Sidechain solutions (such as Polygon) leverage the security of Ethereum while offering more customization options, suitable for projects that require special features.

Want to issue your own Token? Here is a 7-step roadmap

Step 1: Clarify the value proposition of the Token

Tokens do not appear out of thin air; they must have actual utility in your ecosystem. Are they used to pay service fees? Or as governance certificates? Or do they represent certain rights? If this question cannot be answered clearly, the token has no reason to exist.

Step 2: Design tokenomics (Token economic model)

This is the key to success or failure. It is necessary to determine: what is the total supply? How is the circulation release arranged? How is the initial price set? Who will receive the tokens (team, investors, community)?

Poor tokenomics design can lead to a project being ignored. For example, a stablecoin, if the anchoring mechanism is flawed, no one will want to hold it.

Step 3: Research the legal framework

Not all countries welcome Crypto Assets. Some regions completely ban them, while others have strict regulations. It is essential to find a lawyer who understands encryption policies to conduct a compliance check before launching.

Step 4: Choose Blockchain and Development Tools

If you want to create BEP-20 or ERC-20 tokens on BSC or Ethereum, you can use online IDE tools like Remix. These tools lower the technical barrier. If you want to build your own Blockchain, this step will turn into “hiring a blockchain development team”.

Step 5: Smart Contract Development and Testing

This is the core of the technology. It is necessary to write Solidity code to define the rules of the Token. After development, it must be verified on the testnet to ensure there are no logical vulnerabilities.

Step 6: Security Audit

Do not skip this step. Find a professional auditing company like Certik to check your code. The cost is usually around $15,000, but it's an insurance cost. The audit report will give investors confidence.

Step 7: Deployment and Issuance

After the contract is deployed on the mainnet, the token issuance and distribution will be carried out according to the tokenomics plan.

Step by Step: How to Create a BEP-20 Token on BSC

If you have basic programming skills, this process is actually not difficult.

Prerequisites: MetaMask wallet is installed, BSC mainnet is added, and BNB is available to pay fees.

Step 1-3: Open Remix IDE and create a new file BEP20.sol.

Step 4: Ensure that the Solidity programming language is installed.

Step 5-6: Copy the BEP-20 standard template code and modify four parameters: token name, symbol, decimal places, and total supply. For example, if you want to create “MyToken” with a supply of 100 million coins and 18 decimal places, set the corresponding values in the code, and remember to multiply by 10^18 to fill in the decimal places.

Step 7: Compile the contract. Select the compiler on the left side, check “Auto compile” and “Enable optimization”, then click Compile.

Step 8-10: After a successful compilation, copy the ABI, switch to the deployment interface, select “Injected Web3” as the environment (this will connect to MetaMask), confirm to use the BEP20 contract, and click Deploy. MetaMask will pop up a transaction confirmation window, paying a portion of BNB as gas fees.

Step 11-13: After the contract is on-chain, verify the source code on BscScan. This increases transparency. In Remix, right-click on BEP20.sol and select Flatten, then paste the flattened code in the BscScan verification interface.

Step 14-15: After verification is complete, go to the BscScan contract page, click “Write Contract” to connect MetaMask, find the Mint function, enter the amount of tokens to mint (remember to multiply by 10^18), and pay the gas fee to complete the minting. The tokens are now in your wallet.

Real Cost: From $50 to millions of dollars

The cost of creating a Token depends on your choices:

• Cheapest Plan (Simple BEP-20 Token): Around $50, only requires gas fees and possible IDE service fees.
• Basic Plan (audited Token): $5,000-15,000
• Complete Solution (Self-built Blockchain + Team + Marketing): Typically in the six or seven figures.

This is why most projects choose to issue tokens on existing chains—controllable costs, quick listing, and relatively low risk.

Want to list on the exchange?

Once the project is running stably, if you want the Token to be listed on exchanges like Gate, you need to meet the exchange's listing standards. This involves project review, compliance checks, liquidity arrangements, etc. Each exchange has different processes, but they all require sufficient background information.

Final Words

From the concept of Token to the actual launch, this process requires a combination of technology, economics, and legal knowledge. Don't be intimidated—the barriers to entry have been lowered, but successful projects still require a solid foundation and long-term commitment. It is advisable to study how existing projects operate, learn from their choices and failures, as this will help you avoid detours.