Creator No code Smart Contract: How to create ERC-20 smart contract?
We are excited to update that Creator has launched our Testnet version of No Code Cmart Contract to the public recently. On this first MVP launching, there are some smart contracts which are available including: ERC-20, ERC-721, ERC-1155 — the most familiar smart contracts in the field.
This post is a step-by-step demonstration on how to create ERC-20 in Ethereum Network guild.
Let’s get started!
Step 1: Enter https://ncsc.creatorchain.network/ to connect to Creator making smart contract site.
Step 2: Click “Smart Contract” button to access create-smart-contract-menu
Step 3: Click on “Standard function” then chose “ERC-20” to access to create-ERC20-page then collect your wallet
At this step user need connect to their Crypto wallet
Click on “Connect to wallet” button on the upper-right-corner of the screen. Currently Creator supports customers with the “MetaMask” wallet, one of the trustworthy wallets in the market.
If you successfully connect “MetaMask” with Creator, you will be able to see either your Wallet address and your balance on Creator or connected status on Metamask extensions.
Step 4: Creator supports Rinkeby Testnet so here you should choose “Rinkeby Test Network” on your MetaMask Wallet network.
Step 5: Back to Create an ERC-20 Token, on “Network”, you need to select connect to the appropriate network. Due to selecting Rinkeby Testnet, the appropriate network is Ethereum. So at here, you got to choose “Ethereum”
Step 6: Now you select ERC-20 token factory. This step is an optional requirement which depends on customer need, but note that this option will cost you additional ETH. There are 2 options for you including: Mintable Token and Burnable Token.
A mintable token is a token with a non-fixed total supply, allowing the token issuer to “mint” more tokens whenever they want. On the other hand, a burnable token can be eliminated and reduce the number of Tokens existing in the system. Based on your business strategy to make your decision.
Step 7: Create your token’s logo
On this step, you need to upload a photo which represents your token’s logo. And it will go along with your token and can’t be changed after you created your token.
Note: The image should be at least 400x400
Step 8: Fill some needed information to create your token
- Token Name: Used to define the token’s name, which other contracts and applications can identify
- Token Symbol: This is the symbol which you would like to identify your token. It should be simple and also signature characters which are easy to remember (example ETH, BTC, BAT, etc.).
- Token Decimals: Number of decimal digits used in the amounts. 0–18 numerals are accepted. 18 is common practice (e.g. 18 for ETH)
- Initial Supply: The number of tokens created when this contract is deployed. Total amount of tokens to be generated.
- Supply Cap: This token’s supply will grow until the cap is reached. After that, no more tokens can be minted. Make sure that the Supply Cap is larger than Initial Supply.
After you fill all needed information, click on “Submit”. Be sure your information is all correct! After creating a token, you can’t change this information.
Step 8: After clicking on Submit, a new popup will appear which shows all information of your token which you have filled before. Kindly check the information then click Confirm to deploy your token.
Step 9: After you choose Confirm, MetaMask will automatically appear a tab which shows the detailed fee of creating a smart contract. After checking your bill, click on “Confirm” to make the payment.
After you make the payment, kindly wait for a few minutes to deploy your token.
Now your token is created successfully! You can see your transaction ID at Creator’s making token page.
Click on “Add token to Metamask”, you will able to get all initial supply token to your wallet
You are able to check your contract in the Ethereum system by click to “View on Explorer”
Creator is a Block chain as a Service (BaaS) platform that provides No Code Smart Contract, Low Code DAPP and other services to empower the DeFi and NFT world. Creator’s chain is based on the Polkadot/Substrate which provides true interoperability, user-driven network governance and customizations that focus on DeFi, NFT and other Blockchain services.
Creator has an incredibly friendly UI and multiple enhanced background services. Hence, with or without IT/ Blockchain skills, by filling out some initial information and a few clicks, anyone can simply go live a Smart Contract or DApp.
Creator’s chain is based on the Polkadot/Substrate for true interoperability, user-driven network governance and customizations that focus on Defi, NFT and other services.
Find out more about Creator on our official website and social channels