Quick Guide on IOST’s "One-Click Token Launch". Launch your tokens now!

Zhen
3 min readFeb 21, 2020

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Launching your own tokens has never been easier. IOST Foundation is happy to announce the official release of our brand new “One-Click Token Launch” function which allows you to launch IRC-20 tokens on IOST in just minutes!

This function was developed by IOST TOOL, an IOST developer partner node. Being With a professional blockchain developers team, TOOL has extensive experience in developing dApps for in multiple public blockchain projects such as Ethereum and EOS.

How to Launch a Token on IOST

Below is a quick guide on how to launch a token on IOST:

1. Download iWallet or Jetstream Chrome extension wallet

Click for the download links for iWallet & Jetstream

2. Open IOSTtool site and log in to iWallet or Jetstream

Open the site: http://www.iosttool.com/

3. Enter the key parameters

The key parameters include:

  • Token name
  • Total supply
  • Decimals
  • Token details (a short description)

And you are ready to go! With just one click, you’ll launch your own token! (Please remember to buy at least 5 IOST of iRAM beforehand).

Note: "Decimals" refers to the smallest unit of the token, which is specified to a few decimal places. For example, if you set decimals = 2, the minimum unit is 0.01 tokens.

4. Now, click the red button, a confirmation page will pop up.

After clicking "Confirm", wait patiently until a confirmation message is displayed in the lower-left corner. You can either ignore it or click on the hyperlinked [token name], which will direct you to your token's profile on IOSTABC explorer.

At this point, the system will have automatically sent the token to the creator's mainnet account.

In general, the process is very simple, with zero thresholds and low cost. IOST, what else?

At present, the cost of creating a token is about 3 IOST, and the format is limited to IRC-20. In the future, other token formats will be developed.

The IOST TOOL team has also included in their future plans to develop more tools based on the IOST mainnet: lease gas, create accounts, DApps exploration and more. A complete solution for everyday usage that helps newcomers quickly enter the IOST world!

Now, go and launch your own token!

Join The IOST Community!

With a mainnet that is barely one year old, IOST has swiftly risen to become a world-leading public chain renowned for its numerous government collaborations and enterprise partnerships around the world.

IOST’s Partner Program is widely praised as one of the best staking programs globally by blockchain research institutions for its attractive returns, low risk and ease of use. To learn more and participate, please visit: https://www.iostabc.com/producers

If you would like to hang out with the IOST community, we have something for everyone:

  • International English Telegram Group: t.me/officialios
  • IOST Official Twitter: https://twitter.com/IOStoken
  • Jimmy Zhong Twitter: https://twitter.com/jimmyzhong_iost
  • Slack Developer Community: https://invite.iost.io
  • Reddit: https://www.reddit.com/r/IOStoken
  • Facebook Page: https://www.facebook.com/IOSTofficial
  • Facebook Group: http://bit.ly/IOST-FB-Group

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Zhen

Senior Community manager, editor, and translator at IOST.