I'm wondering how a token creator can generate income. What are the ways they profit from creating and distributing tokens?
6 answers
Andrea
Thu Oct 31 2024
In exchange for these tokens, investors provide funding to support the development of the cryptocurrency project.
Martina
Thu Oct 31 2024
Cryptocurrency projects frequently engage in fundraising activities through various methods.
henry_taylor_architect
Thu Oct 31 2024
One popular approach is the Initial Coin Offering (ICO), where native tokens are offered to investors.
ShadowFox
Thu Oct 31 2024
These tokens serve as a form of digital currency specific to the project.
Carlo
Wed Oct 30 2024
The creators of the project often retain a significant portion of the tokens issued during the ICO.