Blockchain technology empowers businesses to launch their digital currency. What should you know before creating coins and tokens?

There are many advantages to building your cryptocurrency, the process of development can be difficult and time-consuming. Indeed, Bitcoin’s success, the first decentralized digital currency, was huge and striking, but this doesn’t mean that your efforts to create your crypto are to be crowned with success. For instance, 2018 saw a large number of ICO’s failing to raise enough funding or going out of business after their launch.

To avoid such scenarios, we’ve created a step-by-step tutorial on how to build your cryptocurrency and explained potential risks associated with crypto assets. Read further to learn about blockchain, financial technology, and digital money in detail.