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20 steps issue token

20 Steps to Issue a Token: A Chronological Guide with Professionals

This is the Roadmap for Token Issuance:

  1. Project Definition and Targets:

    • Team: Entrepreneurs, visionaries, project leaders.
    • Goal: Determine the token’s utility, target audience, and benefits.
  1. Token Design:

    • Financial and Legal Experts: Design the tokenomics (supply, distribution, burning).
    • Lawyer: Provide legal advice on the nature of the token and regulations.
  1. Choice of DLT Platform:

    • DLT Developer: Evaluate options and select the appropriate platform.
  1. Smart Contract Development:

    • DLT Developer: Create the smart contract code that defines the token’s rules.
    • Smart Contract Auditor: Review and verify the security of the contract.
  1. Issuance Model Selection:

    • Team and Lawyers: Decide on ICO, IDO, IEO, STO, or another method.
  1. Marketing and Promotion:

    • Marketing Team: Create a marketing strategy to attract investors.
    • Graphic Designer: Create the token’s visual identity.
    • Web Developer: Design and develop the project website.
  1. Token Launch:

    • Team and Lawyers: Execute the token issuance process and distribute it to investors.
  1. Exchange Listing:

    • Team: Negotiate with exchanges to list the token.
  1. Continuous Project Development:

    • Development Team: Implement the project roadmap and build the product or service associated with the token.
  1. Community Management:

    • Community Manager: Create and manage a community around the token.
  1. Customer Support:

    • Support Team: Address questions and concerns from token users.
  1. Regulatory Compliance:

    • Lawyer: Provide advice and monitor compliance with regulations.
  1. Public Relations:

    • Public Relations Team: Manage the project and token image.
  1. Security:

    • Security Specialist and Lawyers: Implement security measures to protect the token and users’ funds.
  1. Data Analysis:

    • Data Analyst: Collect and analyze data for decision-making.
  1. Token Governance:

    • Team and Lawyers: Implement a governance system for token holder participation.
  1. Partnership Development:

    • Partnership Team: Seek strategic alliances with other projects.
  1. Regulatory Adaptation:

    • Lawyers and Team: Monitor and adapt to new regulations that may affect the token.
  1. Scalability:

    • DLT Developer: Implement solutions for the scalability of the token and the DLT network.
  1. Long-Term Sustainability:

    • Lawyers and Team: Develop a strategy for the long-term sustainability of the project and the token.

If you liked this article, you may also find it interesting to read the following one:

Tokenisation of Real Assets: The New Financial Paradigm

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