Your own cryptocurrency: why you need it and what is the easiest way to create it

DecimalChain
4 min readApr 7, 2022

Cryptocurrencies have become part of the global economy and social relations. A lot of materials on leading news portals are dedicated to them. Corporations invest largely in the development of their cryptocurrencies, getting significant profit on them. The popularity of virtual assets is growing, so many users are trying to create their own digital asset for themselves.

Why do I need my own cryptocurrency?

Having own cryptocurrency has many advantages. In particular, the development and release of your own cryptocurrency is now recognized as an effective branding strategy. If a user or a company creates its own digital asset, it thereby shows that it is in the trend of development of the world economy. This is especially important for the company, as customers make sure that it is developing at the pace of information technology development.

For example, Ronaldinho, the famous football payer, created his own token called Ronaldinho Soccer Coin, and this brought him an additional profit of several million dollars.

Own cryptocurrency allows you to provide secure transactions for customers. There is no need to spend extra money to keep accounting records. If the company works with customers from other countries, then using cryptos save fees and taxes.

Also, with the help of your own cryptocurrency, you can even create your own business and distribute it on a global scale. For electronic coins, unlike fiat funds, there are no complicated bureaucratic barriers.

In addition, own cryptocurrency can also be used to exchange for other digital assets or fiat. Also, your own coin can be useful in order to raise funds for a business project and its further development.

Thus, own cryptocurrency can bring additional income, contribute to the development of the company, attracting funds from investors, expanding the customer base.

At the same time, the process of creating your own virtual asset is a very complex process. It is necessary to go through several successive stages before the digital coin is finally introduced to the market. Users have the most problems with editing the source code. Due to ignorance of many technical parameters and the work of the blockchain, many give up creating their own virtual currency halfway through.

What is the easiest way to create your own digital coin

There are varoius blockchains, on which it is quite possible to create your own virtual assets. In particular, the most popular Ethereum blockchain. However, it is most suitable for startups or experienced programmers who know all the fetails of designing virtual coins.

For those users who want to create their own coin, a special tool has been created — the Decimal Coin blockchain.

DecimalChain

To create a token and even an NFT, a user or company needs to use the personal console of the Decimalchain platform. Due to it, a liquid digital coin is created in a couple of clicks, secured by the DEL token reserve.

Due to the simple interface, each of you can create your own digital asset very quickly. Even if you have no experience and knowledge about cryptocurrencies is superficial, it doesn’t really matter. Everything has already been created on the Decimalchain platform to quickly create your own coin.

For everyone who wants to make a virtual asset, the platform team is sure to help, advise, there is an active community providing support. The community will also get acquainted with the asset that the user created and can invest in it.

Each virtual coin created on the DecimalChain platform will be unique and have exclusive characteristics. Just a few minutes and the virtual currency is completely made and it can be brought to the market. Due to the Decimail blockchain, each user or company can quickly create liquid assets.

The unique mechanisms and infrastructure of the platform have not gone unnoticed. In November last year, Decimalchain received the main prize in the nomination “The best solution for the digital economy using distributed ledger technology” at the X “ComNews Awards. The best solutions for the digital economy” Internationa Forum, held within the framework of the national state program “Digital Economy”.

Thus, if you want to create your own cryptocurrency that will be in demand on the market, you can use the tools provided by the Decimalchain platform.

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DecimalChain

Explore, Build, Earn on the Decimal. Decimal helps communities to issue and manage blockchain assets.