Article • over 1 year ago

Best Practices for Launching a New Token: Insights from Ankr

Ankr

Summary

Define the purpose of your token to drive demand and adoption in a specific industry.
Design your token to provide access to core features and services within your dApp, and consider extending its utility to multiple blockchains and platforms.
Boost demand for your token by offering rewards schemes and incentives, such as cashback, referral bonuses, and staking rewards.

Source: https://medium.com/ankr-network/best-practices-in-launching-your-own-token-51a5d4d801d7

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