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Creating a utility token can be a powerful way for businesses and startups to build a strong digital presence. Utility tokens are digital assets that give holders access to specific services or products within a business’s platform, adding value and building customer loyalty. If you’re considering launching a utility token, here’s a simple guide to help you get started.Define the Purpose of Your TokenBefore starting the token development process, decide what your token will be used for. Will it give customers discounts, exclusive acc... more

A cryptocurrency token represents a unit of value issued by a project or company and operates on its blockchain-based platform. Unlike cryptocurrencies like Bitcoin or Ethereum, which are intended to act as currencies, tokens can serve various purposes. They can be utility tokens, providing access to services or functions of a project; security tokens, representing investments in real-world assets; or even governance tokens, granting holders voting rights in the project's decision-making processes.  At Hivelance, we pride o... more

What is Token Development? Token development has emerged as a pivotal facet in the realm of blockchain technology and Initial Coin Offering (ICO). Companies embarking on this innovative path leverage tokens to raise funds, reward users, and more. However, a successful token development project requires strategic planning, technical expertise, and a sharp understanding of blockchain dynamics.Adherence to Development Best PracticesStrategic Token EconomicsTransparent and Regulatory CompliantSecurity MeasuresCommunity Engagement... more