Togen costs 0.5 ETH to deploy a cryptocurrency. If you hold 10 PRFT or more in your wallet, the 0.5 ETH is immediately refunded to you by your smart contract.
When you deploy your cryptocurrency to the Ethereum blockchain, you will need to pay an Ether fee to Ethereum miners to process your transaction on-chain.
However, you can deploy to Ethereum testnets absolutely free by acquiring testnet Ether.
When you deploy your cryptocurrency to the Ethereum blockchain, the Ethereum blockchain miners charge a transaction fee. This can range from $5 - $100 for contract deployments depending on ETH gas prices.
If you're confused by any of this, we have a full-guide you can read here
If you are completely new to cryptocurrencies and the Ethereum blockchain, it is highly advised that you take some time to learn how Ethereum and ERC-20 tokens work.
You can do this by creating an Ethereum address, purchasing Ether, and then participating (with small sums) in ICOs.
This will give you the base understanding that is required in order to begin taking steps towards planning your own cryptocurrency and deploying it with Togen.
We have created a guide that can help you with this. You can read the full post here
Cryptocurrencies can take many forms. Loyalty points and brand tokens are a new frontier hold many opportunities for new businesses to create freely exchangable rewards. Furthermore, asset-backed tokens for real estate and company shares help democratize capital.
We believe the free exchange of assets like this can be useful for providing access and fungibility to otherwise non-fungible assets.
You can learn more about how we envision the tokenization of everything here
After creating a cryptocurrency with Togen, a Web Wallet is generated. You can share the link to your Web Wallet which allows your users to check their balances, send and manage their tokens. You can learn more about how this works here
Togen is a completely client-side application. This means that cryptocurrency is completely stored by you locally and the Togen servers never have any control over your tokens.
This means that if Togen is ever hacked, your tokens are secure.