Frequently Asked Questions
What is Tokify Token Creation?
What is Tokify Token Creation?
Tokify Token Creation is a one-click, no-code tool that enables users to deploy customized ERC20 tokens on blockchain networks with minimal technical knowledge. The platform provides an intuitive interface that guides users through the entire token creation process, from configuration to deployment.
Do I need coding knowledge to create a token?
Do I need coding knowledge to create a token?
No, Tokify’s token creation tool is designed to be completely code-free. The interface guides you through the entire process.
What is an ERC20 token?
What is an ERC20 token?
ERC20 is a standard for fungible tokens on Ethereum-compatible blockchains. It defines a common list of rules for tokens to follow, allowing them to interact seamlessly with other contracts and applications.
How do I deploy a token?
How do I deploy a token?
Connect your wallet, fill out the form with your token details, and click Deploy.
What are the fees?
What are the fees?
Basic token creation is free. Advanced features (minting, burning, pausing) require a small fee.
How long does it take for the tokens to be created and transferred?
How long does it take for the tokens to be created and transferred?
Token creation is instant once the transaction is confirmed on the blockchain, typically taking 1 minute.
Who will be the token owner?
Who will be the token owner?
The wallet address that deploys the token will be the owner and receive the initial supply.
Is my token secure after deployment?
Is my token secure after deployment?
Yes, your token uses audited OpenZeppelin contracts and follows security best practices.
What is OpenZeppelin?
What is OpenZeppelin?
OpenZeppelin is the industry-standard library for secure Ethereum smart contracts. Every token you launch with Tokify is generated from OpenZeppelin’s audited ERC20 code-base, so you inherit battle-tested security without writing a line of Solidity.
Why OpenZeppelin?
Why OpenZeppelin?
Security and compatibility. OpenZeppelin contracts have secured >$30 B in on-chain value and are natively recognized by MetaMask, Ledger, Coinbase, Etherscan, Uniswap, Binance, CoinGecko, and every major aggregator. Using them guarantees your token “just works” everywhere.
What does minting support enable?
What does minting support enable?
Allows the token owner to create additional tokens after deployment, increasing total supply up to the max supply limit.
What does burning support enable?
What does burning support enable?
Allows token holders to permanently destroy their tokens, reducing total supply.
What does burning support enable?
What does burning support enable?
Allows the token owner to temporarily freeze all token transfers, useful for emergency situations.
Can I change the token's name or symbol after deployment?
Can I change the token's name or symbol after deployment?
No, token names and symbols are immutable once deployed to the blockchain.
How do I add my token to a decentralized exchange (DEX)?
How do I add my token to a decentralized exchange (DEX)?
Once your token is deployed, you can add liquidity through our token dashboard or directly on the decentralized exchange of your choice.
Can I upgrade my token's smart contract after deployment?
Can I upgrade my token's smart contract after deployment?
Standard ERC20 tokens are immutable. However, you can create a new token with updated details and features.
Can someone else mint tokens for my contract?
Can someone else mint tokens for my contract?
No, only the owner can mint new tokens if minting is enabled.
Can I transfer ownership of my token contract?
Can I transfer ownership of my token contract?
Yes, you can transfer ownership of the token contract to another address after deployment. This allows the new owner to manage the token.