If you are interested in launching a token on Polygon Network, formerly known as Matic Network, is so simple that it doesn’t even call for prior programming skills. Plus, the procedure is essentially precisely the same if you’ve done any programming on Ethereum
Additionally, the time it takes to launch a token on the Polygon Network itself is significantly decreased with the tactics adopted by Technoloader. We’ll walk you through the complete procedure to produce a token on the Polygon Network from start to finish in this article.
Anyone can develop a cryptocurrency token since blockchain technology is open-source and decentralized. Additionally, it can be really straightforward and basic; you don’t even need to be a developer (although it will be super easy if you already have some programming skills).
However, for the better results, you should hire a developer. The developer should be best who can offer you the Customized Token Development Services.
First off, Polygon is an Ethereum layer-2 network. The bulk of decentralized financial (DeFi) applications are hosted on Ethereum, the largest smart contract-enabled platform. The Ethereum Network is also among the most reliable and secure networks in the world and is the second-largest blockchain currently in use.
Additionally, one of the primary layer-2 networks on Ethereum, Polygon, formerly known as Matic Network, is built as a scaling solution, boosting throughput and cutting transaction costs. Large-scale acceptance of the project has occurred from several of the top DeFi platforms. Therefore, launching a token on Polygon is a respectable and trustworthy network.
Want to Develop Polygon Token? : Call/whatsapp : +91 7014607737 | Telegram : @vipinshar
Table of Contents
How to Create a Token on Polygon (Matic) Network
- Get a Polygon Node
Make sure you’re connected to a Polygon node as soon as possible when learning how to construct a Polygon token. If you don’t have a Polygon Node, you can’t deploy anything to the Polygon Network. If you wish to construct a token, consider polygon nodes as a gateway into the network.
- Connect to Meta Mask
For connecting the networks with MetaMask, Technoloader provides an incredibly simple one-step install procedure. When MetaMask asks you to confirm, you must do so. The Polygon Network is then immediately accessible. By checking the networks dropdown menu at the top of the wallet, you may verify which network you’re using with MetaMask.
- Get Matic Tokens
The following stage in the creation of a Polygon token is to acquire some test net MATIC tokens. To do this, go to faucet.matic.network, where you will be directed to the landing page where you must enter your wallet address.
Select “Submit” after copying your account address from your MetaMask wallet and pasting it into the account field. You will need to validate your information once more along with the test net token payout amount after this has been processed. Once you click “Confirm,” some Polygon tokens will start to show up in your Meta Mask wallet.
Also Read : Polygon Token Development – Develop Token On Polygon Blockchain
How Much Time it Will Take to Create Token on Polygon Network?
You can start creating a Polygon token as soon as you are connected to a Polygon node and have some test net MATIC tokens. You don’t even have to be a developer to complete the procedure however an efficient token developer would smoothen the whole process.
Before changing a few parameters, you only actually need the technical competence to copy and paste code. You may quickly produce a Polygon token by following these steps.
Step 1: Open Remix
First, establish your token smart contract at remix.etherum.org. The Integrated Development Environment (IDE) for Ethereum is called Remix. Remix allows programmers to write, build, debug, and run code written in Solidity, the programming language used by Ethereum.
Your first action will be to draught a new contract. To achieve this, choose “make new contract” from the context menu when you right-click “Contracts” on the page’s left-hand side. After that, you will be asked to give your contract a name. Verify that it relates to your coin project or name!
Step 2: Go To Open Zeppelin
Visit OpenZeppelin where you can get thousands of trustworthy smart contract templates that have been used with numerous cryptocurrency projects if you need help finding the perfect one.
In addition to normal token specifications, OpenZeppelin also provides templates for decentralized marketplaces, non-fungible tokens (NFTs), and initial coin offerings (ICOs). Additionally, as OpenZeppelin is an open-source company, anyone is welcome to use the templates that are offered.
The template for an ERC-20 token on OpenZeppelin must be chosen in order to create a token on Polygon. You will need to import the file by copying or selecting “Share” next to the link in OpenZeppelin. Once you’ve finished, go back to Remix and paste it into your new contract.
Step 3: Creating Smart Contract
In this step you have to return to OpenZeppelin. The remaining portions of the token contract are visible if you scroll down the page containing the ERC-20 template. First, copy the line of code at the top that indicates the Solidity version. Any Solidity-based smart contract must have this from the outset as it is essential to deployment success.
Step 4: Deploy and Create Token on Polygon
This would be the final stage where you will be deploying your token and the process of creating token on polygon network will come to an end.
Cost to Create Token on Polygon Network
The cost of creating token on polygon network depends on several factors such as type of business, number of tokens you will be launching, complexity of the project and the developer you choose.
Due to these factors, the cost of creating token on Polygon will fluctuate in each project. Currently, the majority of developers charge between 500 USD to 2000 USD for Polygon Token development services. This task doesn’t take too long as development process only takes a couple of days.
Why Hire Technoloader for Polygon Token Development Services
According to our clients’ business needs, Technoloader provides the best Polygon Token Platform Development Services. Our services are set up in such a way that your company can meet all of its goals in order to guarantee its development and progress.
We are the top Polygon Token Development Company because of the expertise and understanding of our team of developers in the token market.
Looking for a polygon token development services 📞 +91 7014607737 📨 [email protected]
