Since the beginning of this year, the Base chain has demonstrated what exponential growth looks like in the entire Web3 ecosystem. In January, Base only added 240,000 users, but by November, this number had surged to 13.7 million, a staggering increase of 56 times over the year. In comparison, the number of new users acquired by Base in the entire EVM ecosystem is eight times that of the second-place Polygon.
As Base develops rapidly, many people have started to dive into Meme projects on Base, trying to find opportunities through these get-rich-quick myths. However, chasing after meme coins is essentially a brutal PvP game, akin to licking blood from a knife's edge; profiting from it is as difficult as climbing to the sky.
But what if you try to create your own meme coin from a different perspective? Perhaps you will discover a whole new world.
Quick Start to Creating Tokens on Base
So, how do you create your own token? After some searching, I found that there are mainly two ways: either write code and deploy it on Remix, or use third-party tools to achieve it.
As for coding? Writing code is not an option for everyone, as it is not a skill that everyone can master. Therefore, I chose the one-click token creation tool PandaTool to complete this task.
Step-by-Step Guide:
1. Connect Wallet: Open PandaTool, connect your wallet, and ensure that the wallet is switched to the Base chain.
2. Fill in Information: Enter the full name, abbreviation, issuance quantity, and other necessary information for the token. Since this is a blockchain system, these details will not involve copyright issues.
3. Confirm Creation: After clicking the create button, complete the secondary confirmation.
4. Pay Fees: After confirming everything is correct, the wallet will pop up a payment window. After completing the payment, the token can be successfully created within seconds.
Once successful, you will receive a contract address. You can check the token's on-chain status through a blockchain explorer to confirm whether it was issued successfully.
Common Questions About Token Issuance on Base
During the process of issuing tokens on the Base chain, you may encounter some common issues. Here are my summarized experiences:
Logo Display Issues: Tokens created on the Base chain do not have a logo by default. This is different from the Solana chain. The display of the logo depends on the wallet or market platform; for example, Metamask or OKX Web3 wallet requires a separate application, and the application process is usually complex and costly.
Difference Between Functional Tokens and Standard Tokens:
Standard tokens comply with the ERC20 standard, have no additional functions, and the contract detection results show no abnormalities.
Functional tokens can add features such as buyback, burning, and dividends through Solidity language, but the development cost is higher.
Price and Liquidity: After creating a liquidity pool, the token will have a price. For example, liquidity is usually created on Uniswap for the Base chain. Whether the price can be displayed in the wallet depends on trading volume and the size of the liquidity pool, with specific rules varying by wallet.
Why Choose PandaTool
With the development of Web3, one-click token creation technology has become very mature. This technology lowers the entry barrier for users and provides a convenient solution for those who cannot program. The reasons I chose PandaTool mainly include the following points:
Price Advantage: The fees for PandaTool are relatively low. For example, the cost of creating a token on the Base chain is only 0.01 ETH, while other platforms generally range from 0.02 to 0.03 ETH. If there is a large demand, this price advantage is very significant.
Diverse Functions: PandaTool supports up to seven or eight types of token contract functions, including LP dividends, LP mining, and native token dividends, and also supports Mint pre-sales, making it rich in features and practical.
Security Assurance: As one of the largest token issuance platforms in the industry, PandaTool has a good reputation, and its GitHub page publicly discloses all contract codes. This transparency greatly enhances user trust.
In summary, from price, functionality to security, PandaTool is a trustworthy choice. Of course, everyone's needs are different, and users can choose the appropriate platform based on their own situation.
Conclusion
After this exploration, issuing tokens seems simple, but in reality, it is a science. From creating tokens to subsequent liquidity building, every step determines the success or failure of the project. The emergence of PandaTool has lowered the technical threshold, but whether it can ultimately succeed still requires users to possess business acumen and operational ability. If you are passionate about Web3, why not give it a try yourself? Perhaps the next legend will start from your token!
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