A platform called SmartContracts Tools has a Token Generator dApp to create a new Ethereum or BNB crypto token in under a minute.
The dApp lives on the Ethereum, BSC, and Polygon networks and uses unique smart contracts to help users build their own tokens.
How to create a new token using SmartContracts
The platform requires you to connect a MetaMask wallet with enough ETH, MATIC, or BNB to pay for a contract deployment to launch a token. The token can have optional features like a supply cap, deflationary properties, and the ability to be burned or minted.
The user must specify the token type and the blockchain it will be deployed on. They can choose the ERC20 token type for Ethereum and Polygon or BEP20 for Binance Smart Chain.
If the user selects Ethereum, they can deploy the token on the mainnet, Goerli, or Sepolia testnets.
The user must also enter the desired name and symbol of the token.
They can choose the token’s initial supply and whether this will be a fixed, unlimited, or capped supply. Additionally, they can choose who will have access to the token. If a user has ownable access, they can start and end the token’s minting process or set its burn rate if applicable. A token can also have a specific role of Admin or Minter that its owner can use.
After all the fields are filled in correctly, you can click “Create Token.”
After…