Crypto Token Development

Frequently Asked Questions

• What is the fundamental difference between a coin and a token?

  A coin (like Bitcoin or Ethereum) operates on its own independent, native blockchain. A token is built atop an existing blockchain infrastructure (like an ERC-20 token on Ethereum) and relies on that network's security and rules.

• Which blockchain standards (ERC-20, BEP-20, etc.) does Web3Twenty specialize in?

  We specialize in developing tokens compliant with major standards, primarily ERC-20 (for utility/governance) and ERC-721/ERC-1155 (for NFTs) on Ethereum and its forks. We also expertly handle BEP-20 (Binance Smart Chain) and tokens for other popular networks.

• What is Tokenomics, and why is it the most critical step in token development?

  Tokenomics refers to the economic principles and architecture governing a token's value. It determines supply, distribution, allocation, vesting schedules, and utility mechanisms (like staking or burning). A sound tokenomics model is crucial for the token's long-term sustainability and success.

• Can you help us design the token's specific utility and governance features?

  Absolutely. We don't just write the code; we provide strategic consulting to design custom utility functions (e.g., fee structures, access rights, revenue sharing) and implement governance models (e.g., DAO structures, voting mechanisms) tailored to your project's goals.

• Do you provide security auditing for the deployed token smart contracts?

  Yes, security auditing is mandatory. After development, we perform a comprehensive audit of the smart contract code to identify and mitigate vulnerabilities like overflows, reentrancy attacks, and logic flaws, ensuring the token is secure before launch.