Cryptocurrency Q&A How does a token creator make money?

How does a token creator make money?

InfinityRider InfinityRider Tue Oct 29 2024 | 6 answers 1323
I'm wondering how a token creator can generate income. What are the ways they profit from creating and distributing tokens? How does a token creator make money?

6 answers

Andrea Andrea Thu Oct 31 2024
In exchange for these tokens, investors provide funding to support the development of the cryptocurrency project.

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Martina Martina Thu Oct 31 2024
Cryptocurrency projects frequently engage in fundraising activities through various methods.

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henry_taylor_architect henry_taylor_architect Thu Oct 31 2024
One popular approach is the Initial Coin Offering (ICO), where native tokens are offered to investors.

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ShadowFox ShadowFox Thu Oct 31 2024
These tokens serve as a form of digital currency specific to the project.

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Carlo Carlo Wed Oct 30 2024
The creators of the project often retain a significant portion of the tokens issued during the ICO.

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