Create My Token - No Code way to Blockchain Project
Who doesn't want their own project in blockchain? I always thought about owning some game metaverse and it's respective token. I never learned how to develop into the Solidity and so I never made any app and the respective token in the Ethereum.
Then came Hive where I learned how creating the Tribe and the token and list it in the Hive Engine. My curiosity never ended because I always wanted the low code or no code way to the chain and the token development.
So what if you want to create a token through no-code way?
I recently found the create my token. It's a no code front end where you can create the token in the available token and set it's economy.
All you need is - Meta Mask and some amount to spend in to create a token.
You will be able to use Binance, Ethereum, Polygon and other chains for deploying your token. It's pretty cool to see how this happens in the short time. You can do this for multi tokens in other sites but the thing is that you have limited options with the blockchains options.
What's the use case of Create My Token?
The thing is that CMT allows you to easily create the token. That means you are kind of putting yourself on the ERC-20 ecosystem. And you have to think of the use cases that suits the ERC world.
Which means you have NFT, Metaverse, Gaming and few other types of the usage options good for you. Like you can also create the in game items which can be deployed in the metaverse which would be possible for you to keep on marketplace where your token is the one that can be used for sales.
This way you would be able to generate some internal economy for the token which would earn you Ethereum and Polygon or even Binance token in return for your investment. A lot of possibilities out there but I kept some of the simple option for you.
What are the limitations of low-code & no-code tools?
When you are building using the low-code and the no-code tools you are kind of restricted yourself to this economy where you can't grow much. Like you can't get the technical backend depth. You can surely use the token in economy for your project though. But less on the technical side.
Another thing is that such type of projects can invite scammers. Like anyone with less code experience can create fake tokens. Get more investment, raise the artificial price for the token and then run away. It's possible now for the scams to infest into such type of the ecosystem.
At the end, I can say that this type of project is a good sandbox for you to test your theories. You can even use it for various use cases where you can extend this further in the metaverse, blockchain game and NFTs.
If you can't code then sometimes such low code options always work well.
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