Classic Token Creator
Last updated
Last updated
Introducing the Classic Token Creator, a user-friendly tool crafted to simplify the token creation process on the Solana blockchain. Whether you’re an experienced developer or new to the blockchain space, our platform offers the resources and assistance needed to bring your ideas to fruition. We provide support throughout the process, and as an integral part of our project, 100% of the revenue generated by the Classic Token Creator will be reinvested into Solana Classic.
Cost:
Contract generation: 0.25 SOL
Revoking mint authority: 0.05 SOL
Freezing mint authority: 0.05 SOL
Burning LP: 0.1 SOL
Revenue Allocation:
25% for strategic buybacks
25% for development to enhance various utilities
50% for marketing efforts to spread the word and grow our community
Beginning Your Journey: Initial Steps to Token Creation on Solana
Connect your wallet on our generator page.
Enter your token's name.
Choose a symbol (up to 8 characters).
Specify the total supply of your token.
Select the decimal precision (0 for Whitelist Token, 5 for Utility Token, 9 for Meme Token).
Describe your token briefly and add all links to your socials.
Upload your PNG token image/logo.
Click ‘create’ and approve the transaction in your wallet. In about 30 seconds, the tokens will appear in your wallet.
Revoke Mint Authority: If you choose to revoke mint authority, you’re ensuring that the maximum supply of tokens cannot be exceeded.
Revoke Freeze Authority: By revoking freeze authority, you’re ensuring that tokens cannot be frozen in holders’ wallets. It’s essential to revoke freeze authority if you plan to create a liquidity pool.
After deploying and receiving your tokens, revoking both mint and freeze authority, you need to create a market ID. Click on ‘Create ID’ on the button at the top left. Make sure you do not lose your market ID! After creating your market ID, use it to create a pool on Raydium. Click on the ‘Raydium Pool’ button on the left sidebar to be directed there. A comprehensive information page detailing this subject will be published once the tool is officially live, providing deeper insights into the process.
In addition to our revenue model, what sets us apart is our dedicated support system for those with questions about generating a contract. We’ve implemented a chat feature right on the generator page to assist everyone with ease around the clock. Users will receive assistance through our Telegram chat, accessible via the provided link on the page, ensuring 24/7 support. Raydium Pool Creation: Our goal is not only to educate investors and assist them throughout their journey, but also to provide support from start to finish. This includes adding a dedicated page to our dApp where users can easily find guidance on creating a market ID, setting minimum order requirements, and determining price tick sizes to ensure they are fully prepared for launch. Even after deployment and revoking, we are committed to making this process as user-friendly as possible to ensure convenience for all users.
Burn LP:
In addition to all the features already included in the token creator, we have also implemented the ability to burn LP tokens directly through the website. Burning LP tokens gives communities an extra sense of security, as the LP funds are then deemed irrecoverable. Burning the LP through the token creator can be done at just a click of a button, making the whole process seamless. Phase 2 Update:
The Solana Token Creator is set to evolve significantly in its upcoming second phase, becoming a comprehensive platform for creating and deploying tokens on the Solana blockchain at a low cost. Upcoming features include:
Creating a Market ID
Developing a liquidity pool
Support for new contracts for utility projects
Multi-signature functionality
Airdrop tools
