BASIC INFORMATION

How to create your token

In order to create your own token, you need to:

• Read the rules, to understand what you can and can't do within the code of your smart contract.

• Use our pre-made code or create your own smart contract.

• (optional) If you want to check whether your custom smart contract would be accepted by our team, please contact us and submit your code, together with a description of its functionality. We will make brief review of your code (without any guarantee!) and let you know if there are any fundamental problems we found during this brief review. If you use code made by us, without changes to its functionality, please skip this step.

• Deploy and verify your code. This action will cost you some native currency of the blockchain where you want to deploy your code.
  The cost may differ significantly depending on the blockchain you chose, amount of the code you are deploying and the current gas price on the blockchain.

• Submit a link to your verified code to our team. We will examine it in detail, to make sure your code can't cause any harm to our project. This detailed examination will take some time and effort, therefore we will charge fee (see below) for doing it. Once your code will pass the examination and the fee is paid, it will be added to the whitelist which allows your smart-contract to access "externalMint" function.

Fee for examining your submitted code

If you are using the code created by us and only changing the token name or other minor details, the review of your code will only be 20 USD.
In case the above mentioned asset-referenced token or e-money token you are submitting for review is first of it's kind (e.g. first USD/Gold/other asset referenced token on given blockchain) in the ecosystem of Equivalence Protocol V2, we will make the review free of charge.

In cases of simple custom code, or when our pre-made code is more significantly changed, the fee will be customized based on the complexity of your code, you can expect a fee around 50 USD.

Please be aware that in cases of complex custom code, which can even consist of multiple smart-contracts, the fee may increase significantly.
If you are planning some large-scale project using the Equivalence-Protocol V2, please inform us in advance so we can find the best and simplest way of implementing your project.