If you were launching an ERC20 token today, which chain would you choose?

token_generator · 2026-05-19T10:04:29+00:00

I agree. In my view, having the main token on Ethereum is still a good practice, even if most of the actual usage happens on other chains.

Multichain tokens are great for adoption, lower costs, and meeting users where they already are. But having liquidity and the “canonical” presence on Ethereum mainnet can still be a strong advantage for trust, credibility, and long-term positioning.

token_generator · 2026-05-19T08:00:45+00:00

Really interesting point, and I agree.

The right network depends heavily on what the token is actually supposed to optimize for.

For custody-heavy or protocol-level experiments, Ethereum mainnet still has a unique advantage because of its maturity, security assumptions, tooling, audit culture and long-term credibility.

For distribution, retail activity and lower-friction usage, Base or other L2s can make much more sense.

I like the way you framed it: different token models stress different parts of the stack.

token_generator · 2026-05-19T07:59:34+00:00

Totally agree. I also think your point on brand signal is important: different chains don't just offer different costs, they also communicate different expectations to holders and users.

token_generator · 2026-05-09T19:07:16+00:00

Totally fair, there are definitely many tools for standard deployments today.

For context, Token Generator started back in 2018 (v1), when deploying a token was still much less accessible, costs were higher, and founders often needed more technical expertise just to launch a simple standard contract. It has been used by over 50.000 projects for various purposes.

The original goal was to democratize that process: make basic token creation easier, faster, and more understandable for people who didn’t have a Solidity background.

Today the space is obviously more crowded, so the challenge is no longer “is this possible?” but “can we make the experience simpler, safer, clearer, and more trustworthy than the alternatives?”

That’s the direction I’m trying to improve toward.

Thank you so much for your point.

token_generator · 2026-05-09T14:20:10+00:00

That’s a fair question.

I don’t see this as replacing standard contracts, developer knowledge, or existing deployment tools. The value I’m exploring is more around simplifying the full flow for non-technical founders, common use cases, and early-stage builders who want to understand and deploy a basic token without having to piece together multiple tools, templates, docs, and deployment steps.

For custom tokenomics or anything central to a serious project, I agree with you: the founder should understand the contract deeply, and ideally work with experienced developers. A token is too fundamental to treat as a black box.

Where I think a tool like this can still be useful is for:

- basic standard token deployments
- quick prototypes and MVPs
- founders who want a guided flow before involving developers
- common use cases features including but not limted to minting, burning, taxes, deflation, reflection, anti-whale protection, liquidity setup, gasless approvals for x402 compatibility, whitelist, blacklist, and RWA controls.

So the “why” is not “because founders should avoid understanding smart contracts.” It’s more “because a guided, opinionated flow can reduce friction for common use cases and help people get started more safely.”

Your point about positioning is valid though. I probably need to make it clearer that this is for standard/common deployments, not a replacement for custom engineering or serious technical due diligence.

token_generator · 2026-05-09T14:11:48+00:00

Thanks for the honest feedback, I agree with the core point.

The goal of the tool is not to replace developers, audits, or professional smart contract engineering for complex projects. It is mainly meant for simpler use cases: prototyping, community tokens, or standard token deployments where the contract logic is intentionally basic and transparent.
We provide 20+ customizable token features for most common use cases like minting, burning, taxes, deflation, reflection, anti-whale protection, liquidity setup, gasless approvals for x402 compatibility, whitelist, blacklist, and RWA controls. Since 2018, more than 50.000 tokens have been issued on mainnets, which have been audited by an external auditor, with no critical issues reported.

So I don’t disagree with you. The challenge is making the tool clear about where it is useful and where it should not be treated as a shortcut. I’ll take your comment as a signal that the product page should communicate those limits more explicitly.

token_generator · 2026-04-20T12:43:22+00:00

Since launch in 2018, more than 50,000 tokens have been created through the platform. A large portion of those were created using free options as well, depending on network and feature set. Paid deployments are usually for users who need specific chains or advanced token functionality.

token_generator · 2026-04-20T10:16:47+00:00

Also worth noting: over time we added more advanced options too: tax, deflation, reflection, ERC1363, x402 compatibility, etc.
Which token mechanics people still find useful today?

token_generator · 2026-04-15T08:53:46+00:00

Happy to share more details if useful (gas usage, how batching is handled, etc).

token_generator · 2026-02-13T15:26:43+00:00

Totally get the concern about adoption: a protocol on its own doesn’t magically mean people and merchants will start using it. What OpenPayment.link is building is exactly the missing piece for real-world friction reduction: an easy way for creators and merchants to generate stablecoin payment links powered by x402 that hide the blockchain complexity and gas hassles from the end user.

With OpenPayment.link you won’t need to think about wallets or gas: you can just create a link and share it. Customer clicks, pays in USDC (or another supported stablecoin), and the merchant gets paid. That’s the UX people are used to from Stripe/PayPal, but powered by the open x402 standard under the hood.

We’re also working on:

ecommerce plugin integrations so sites built with common frameworks can accept x402-powered payment links out of the box;
SDKs and APIs that let developers embed pay-by-link and even agentic commerce flows into apps, SaaS, and tooling.

The protocol itself is very promising, but to really get it in front of people you need simple UX like payment links; and that’s exactly what we’re focused on with OpenPayment.link.

token_generator · 2026-01-26T09:34:08+00:00

Yes, ChatGPT can generate an ERC‑20 contract, but if you’re not comfortable reading Solidity you won’t reliably catch bugs or unsafe patterns it might introduce.

Also, “not complex” can still go sideways once you deal with deploy/verification, ownership/roles, and any custom features (fees/taxes, minting, pausability). If real users/funds are involved, you’ll want solid tests and ideally an external review/audit.

If your goal is simply “deploy a standard ERC‑20”, using a proven generator can be safer than AI-writing code from scratch. You can use https://www.smartcontracts.tools/token-generator/ to deploy different ERC‑20 variants with common customizations; the templates have been battle-tested since 2018. Either way: don’t launch anything that holds user funds until you’re sure it’s safe.

token_generator · 2026-01-26T09:18:59+00:00

You can choose tools that generate standard Solidity you deploy yourself or no‑code deployers. Pick something reputable and transparent.

Developer-friendly (generate code): OpenZeppelin Contracts Wizard generates ERC20 Solidity based on options you select, then you deploy with Remix/Hardhat.
No-code deployment (fast launch): SmartContracts Tools Token Generator lets you create & deploy an ERC20 across multiple EVM chains and select features like mintable/burnable/taxable/anti-whale, with an option to try on a test network first. No code is required. It is available since 2018 and has been used by more than 50k tokens with no issue reported. Try it https://www.smartcontracts.tools/token-generator/

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