A Guide on How to Create Token on Polygon

Article about A Guide on How to Create Token on Polygon

Published by

Sep 22, 2021

What is Polygon Network?

Polygon was formerly called as Matic network. It is a protocol that is used for creating and interfacing Ethereum compatible blockchain networks. It also improves the scalability and adaptability of Ethereum that supports a multi-chain Ethereum ecosystem. This platform makes the transactions a lot quicker and cheaper than the other blockchain networks which makes it more beneficial to create tokens on Polygon network.

 

Launching a token on Polygon network is quite easy even for the people without any programming knowledge by following the below mentioned steps.

 

How to Create Token on Polygon?

 

Go to Remix

The first thing you have to do is to create a new smart contract for your token. For that, head to Remix, an integrated development environment that the developers use write and execute programs in Ethereum.

 

Find the Right Template

You can create a token on Polygon network in a few steps by using a template. To choose a template suitable for you, you should go to OpenZeppelin, an open-source platform where you can find about 1000s of smart contract templates.

 

Compiling the Contract

The next step is to compile your new smart contract and make sure that is bug free. Once the compilation is done and if it doesn’t have any bug, then it is time to deploy the transaction of your newly created tokens.

Deploy Your Token on Polygon Network

Before sending your tokens to the wallet, make sure that your MetaMask wallet is connected to the Polygon network. Once you start the transaction, then you have to authorize it in your MetaMask to complete the transaction.

 

If you are developer or a person with some knowledge about Blockchain then it easy for you to create a token on Polygon network all by yourself just by following the above mentioned steps. If you are an entrepreneur, then it is better for you get assistance from a professional token development company like Security Tokenizer, so that you can create your token on time without having to deal with any technical difficulties.


Articles authored by  Brian Richards