Hey guys,
I'm new here and not sure if this topic is on the right section. I'm planning to launch a new project, but got some questions regarding minting and multichain DEXs.
The new coin will be ERC-20 based.
Got several network options to deploy the tokens:
Example:
Max supply: 10,000 ABCD ERC-20 tokens.
Minting and deployment:
My first preference is Polygon, faster and cheaper than other platforms, but it's relatively new and they're still building some traction.
My second preference is BSC; bigger community. Ideal place to launch our new project.
Question:
Is it possible to mint and deploy the same coin on 2 or more networks? Because there are multi-chain DEXs and token is ERC-20 based.
This is my plan:
Minting 5,000 ABCD tokens on Polygon at price: $0.02
Minting 5,000 ABCD tokens on BSC at same price $0.02.
Total of 10,000 ABCD tokens deployed on 2 different networks.
Is that possible?
I'm new here and not sure if this topic is on the right section. I'm planning to launch a new project, but got some questions regarding minting and multichain DEXs.
The new coin will be ERC-20 based.
Got several network options to deploy the tokens:
- ETH-based.
- Binance Smart Chain (BSC)
- Polygon.
- Others.
Example:
Max supply: 10,000 ABCD ERC-20 tokens.
Minting and deployment:
My first preference is Polygon, faster and cheaper than other platforms, but it's relatively new and they're still building some traction.
My second preference is BSC; bigger community. Ideal place to launch our new project.
Question:
Is it possible to mint and deploy the same coin on 2 or more networks? Because there are multi-chain DEXs and token is ERC-20 based.
This is my plan:
Minting 5,000 ABCD tokens on Polygon at price: $0.02
Minting 5,000 ABCD tokens on BSC at same price $0.02.
Total of 10,000 ABCD tokens deployed on 2 different networks.
Is that possible?