I wondering how many information on blockchain in the Internet you can find and how many of this information are really useless, especially when it is all about technical aspects. Will try to solve this problem in a series of articles and will start from this one. Pretty sure it’s a hot topic.
So, what I going to do is to provide step by step guide how to create your own token and start selling it on “Initial Coin Offering” event in the Ethereum Network. For this I deployed two different smart-contracts to test Ethereum Network – first one for creating a new token and second one for “ICO”. I used standard contracts from the official site and changed it a bit to cover my needs. So, how it works step by step.
Download an Ethereum wallet and sync with a network
First of all you need to install an Ethereum Wallet and synchronize it with network. To do it simply download the latest release of Ethereum Wallet for your platform, install it using installation wizard and start it on your computer. It will take some time to synchronize with network, so you can make some coffee and take your time for reading some interesting book, or watching film, or learning how to write smart-contracts using Solidity.