How To Create Your Own Cryptocurrency
In this video, I show you how to create your very own cryptocurrency on the Waves Platform.
Waves makes it simple for anyone to create their very own crypto currency for the low cost on 1 Waves Token, or about $5 if you are a fiat marine.
Creating your own crypto currency can be broken down into these simple steps.
- Get the Waves lite client wallet
- Fund your wallet with at least 1 Waves
- Go to the Token creation tab and issue your asset.
- Wait for the transaction to verify on the blockchain and then look for your new crypto currency in your Waves asset page.
Should I Create My Own Cryptocurrency?
No, Probably not.
Even though you can create your very own crypto currency very easily it doesn’t mean it’s a good idea. If you want to do it for fun sure, but the average person does not need their own cryptocurrency.
Unless you have a use case, application or asset to put behind your newly minted Waves token. You probably will not see any success or real appreciation of value of your Crypto currency.