Phase 2 : Preparation
2. Technical Preparation
Choose a blockchain platform suitable for the token based on factors like transaction speed, cost, community, and technological fit.
Develop the smart contract for the token, ensuring it follows standard protocols like ERC-20 (for Ethereum) or BEP-20 (for Binance Smart Chain).
Conduct thorough testing of the smart contract to ensure security and functionality, possibly including audits by external security firms.
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