What steps are involved in the process of token development?

submitted 2 weeks ago by mathew1234 to demcra

When people ask about the token development process, the first step is usually defining the purpose - what problem the token solves and how it adds value. Next comes choosing the right blockchain, like Ethereum or BNB Chain, based on scalability and cost. After that, smart contracts are designed, coded, and tested thoroughly. In the middle of token development, security audits and compliance checks play a key role. Once everything is validated, the token is deployed on the mainnet, followed by wallet integration, exchange listing, and post-launch monitoring to ensure smooth performance and adoption.