How does an ERC20 Token work?

An ERC20 token is not exactly a token by Ethereum, but it is a token based on the same blockchain that empowers Ethereum/Ether. ERC20 Token Development Company build your decentralized token in the same ETH blockchain environment using the ERC20 smart contracts. Here’s how it works

Token : According to CoinMarketCap 76% Cryptocurrencies Followed the Ethereum ERC20 Token Standard Interface Till 2017.

You choose a name and purpose (idea) for your token. We will handle the development of smart contracts and token. An ICO (probably in multiple phases) sale will be held to collect funds from interested investors in exchange for your future tokens. People, who choose to buy your ERC20 tokens, will collectively own them. Then, you can either put your tokens on hold, allow trading through your own or any other cryptocurrency exchange or extend their usage to more physical/real world applications.

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Development Process

Development Process

Developing an ERC20 token from scratch requires very good knowledge of Solidity, the language in which Ethereum is coded, and this is exactly what our token developers are expert in. Our ERC20 development process included the following steps.

  • Project Discussion with Client
  • Idea Evaluation and Planning
  • Platform development
  • Token Creation & Distribution
  • Whitepaper development (Optional)
  • ICO Release & Marketing (Optional)

ERC20 Development Services by SAGIPL

We offer a range of ERC20 Token Development and trading services.

Token Creation

We will help you develop a powerful and impenetrable ERC20 crypto coin based on your specific requirements. We write our own customized source code based on the ETH open source code available on the internet. You will be able to sell coins, transfer to other users or trade on popular exchanges.

Token Creation
ICO Development

ICO Development

In addition to developing your coin, we can also help you develop and run a successful ICO development campaign in order to market your tokens and generate funds for the project. Our expert digital marketers will promote your ICO campaigns through newsletters, social media and word of mouth to make it as successful as possible.

Digital Wallet

Depending on your need, our software developers can also help you get a dedicated digital wallet for your ERC20 token. The wallet will be available for all your token users and investors, who will be able to manage and use their coins through their personal wallet accounts. However, the digital wallet services are exclusive of token creation.

Digital Wallet
Token Transfer

Token Transfer

The ERC20 digital wallet offers a great number of features including the facility to transfer tokens to other users by using a unique wallet address. Users, through wallet app on their phones, can transfer tokens to other users, or use the same to transact for other things at local or online stores.

Listing on Exchanges

In addition to creating and launching the token, we can also list your token on various popular exchanges to facilitate their trading and sale. These trade platforms work like stock exchanges where buyers can choose to buy your token based on its popularity and market value.

Listing on Exchanges

Types of Tokens Development

Here are the different types of crypto-tokens that we develop here at SAG IPL. Most of these tokens are based on Ethereum’s ERC20 standard. Explore the different types of tokens to know what you need.

Security Tokens

Security Tokens

These types of tokens are usually backed up by a legal framework and have their values linked with a real, physical instrument such as real estate, stocks, bonds or gold.

Utility Tokens

Utility Tokens

A utility token is most commonly created to fulfill a particular purpose such as a means for users to purchase goods or services of a particular blockchain platform.

Equity Tokens

Equity Tokens

Equity tokens are digital tokens or coins that represent particular equity ownership. Tokenization of equities helps increase liquidity by creating ownership units.

Non-fungible Tokens

Non-fungible Tokens

Non-fungible tokens or NFTs are digital tokens with no tangible form of their own. They are generally used to tokenize things like art, collectibles, games, etc.

Reward Tokens

Reward Tokens

These are special kinds of tokens created for the sole purpose of rewarding the users of a particular platform in exchange for their services or good work.

Currency Tokens

Currency Tokens

A current token or cryptocurrency like Bitcoin is intended to be used as a real currency for buying/selling products and/or services and making payments.

Features of Tokenization

With our personalized and security-focused token creation services, you get the best, feature-rich & highly secure cryptocurrency tokens on the most advanced blockchain systems out there. Some of the standard features that our tokenization services include are -

Boost in Liquidity

Boost in Liquidity

Tokenization will help increase the liquidity of your assets, making them easy to sell for cash.

Secure Wallet

Secure Wallet

All token services are backed by 100% secure and protected digital wallets with support for top coins.

Programmable Equity

Programmable Equity

Our equity tokens and smart contracts are totally programmable and can be easily customised to fit your needs.

Automated SEC compliance

Automated SEC compliance

Our security tokens are created in line with regulations and laws and are SEC-compliant.

Tailored smart contracts

Tailored smart contracts

we can create smart contracts on Ethereum and TRON blockchains that are tailored to meet your needs.

Customized blockchain

Customized blockchain

The blockchain will be customized according to your particular project needs and the type of token.

No Intermediaries

No Intermediaries

You get a 100% pure, decentralized token with the ability for global middleman-free transactions.

High market efficiency

High market efficiency

Our tokens are designed in line with the latest industry standards and will fit right into any market.

Global capital investment<

Global capital investment

As a globally accessible and usable token, it can be used to accept investments from global markets.

Why Choose SAGIPL?

Along with several years of experience in cryptocurrency development, our ERC 20 token developers are highly skilled coders and marketers.

Customer at first

Customer at first

Our clients are at the top of priority for everything we do at SAG IPL. We will thoroughly analyze your project and offer the best possible solution, every time.

Customer Service at its best

Customer Service at its best

Our highly efficient customer care team is available to help you 24X7 with any of your queries and make sure that you are not disappointed in any way.

Extraordinary Technical Expertise

Extraordinary Technical Expertise

Our code developers come from different backgrounds with different levels of experience and expertise to ensure the development of extraordinary ERC20 projects.

Complete dominance in crypto industry

Complete dominance in crypto industry

Over the years, we have managed to gain a reputation by providing high-quality development and marketing services in the cryptocurrency industry.

Fast Response time

Fast Response time

As mentioned before, our customer service team is available 24X7 to serve you with solutions to your queries and listen to your issues with the response time of only a few minutes.

Frequent updates

Frequent updates

Through a dedicated account manager, you will receive frequent updates about your project’s progress with the option to provide suggestions and ideas as and when required.

Frequently Asked Questions

Have a question in mind? Read the following FAQs (Frequently Asked Questions) to find your answer, or contact us now with a new question.

It is a public ledger written as a code to form a contract between involved parties on the blockchain. The contract executes itself as and when a triggering event is hit as per the terms mentioned in the code. Our ERC20 development package includes smart contracts.

The cost of development depends on the number of services you hire and the number of features you want in your token. Contact our project manager to get a general idea of the cost of an ERC20 token development (and marketing) project.

The basic token development package includes the creation and launching of an ERC20 token along with smart contracts for a specific concept. You can choose to avail other related services, including ICO development and marketing, token marketing, digital wallet creation, exchange creation and trading, etc, for additional costs.

Contact our project manager by using the “contact” option. They will explain you about various available packages and guide you through the hiring process.

Note: We also offer ERC 223 and ERC 777 token development services for our clients.

Interested in working with us?

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