Token Creation and Deployment

Explanation of the Token Creation Process

Creating a token on TaxFarming is designed to be straightforward, user-friendly, and efficient. The process is divided into a few simple steps:

• Choosing the Name and Ticker: The first step in creating your token is selecting a unique name and ticker symbol that will represent your token on the Ethereum blockchain. The name should reflect the identity or purpose of the token, while the ticker is a short, memorable abbreviation.

• Uploading an Image: You can personalize your token by uploading an image or logo that visually represents your token. This image will be associated with your token and will appear in wallets and on platforms where your token is traded.

• Adding a Description and Social Media Links (Optional): To provide more context and engage with your community, you have the option to add a description of your token and links to your social media profiles. This information can help potential buyers understand the purpose and vision behind your token.

Token Deployment

Once you've completed the creation process, deploying your token on the Ethereum blockchain is the final step. TaxFarming’s platform uses optimized contracts that significantly reduce the costs associated with token deployment.

• Optimized Contracts: Our contracts are designed to be highly efficient, reducing deployment costs by 50% compared to standard tokens. This cost-effectiveness allows developers to launch their tokens with minimal financial burden.

• Secure and Fast Deployment Process: The deployment process on TaxFarming is both secure and rapid. Once you’ve finalized your token details, the platform ensures that your token is deployed on the Ethereum blockchain in a matter of seconds, with all necessary protections in place to safeguard both the creator and the investors.