The terms crypto and blockchain walk hand in hand as one is the backbone of the other. In fact, Cryptocurrency enthusiasts should be glad about the innovations that come with the blockchain technology. The developments bring a lot of opportunities not only for established developers but also for startups as well. It’s, therefore, no surprise that platforms such as EtherZaar come to make things simpler for aspiring crypto-blockchain lovers.
EtherZaar is an online platform that helps innovators in their interactions with the Ethereum blockchain. Through the site, users can create their tokens that would be usable in the blockchain within a short time.
What Are The Features Of EtherZaar?
Just like any other digital platform, EtherZaar developers plan to have in place a variety of tools to enhance their users’ token creation ventures. They include;
- Easy purchase of the Ethereum accounts for fast accessibility to platform services. Users can purchase this in form of a browser plugin, text file, and a hardwallet. All this depends on your capability, which is a smart move.
- Automation ERC20 token creation that would be compatible with other Ethereum networks. Adheres token requirements standards
- Official publication of token for use on the Ethereum network
- Token customization to allow selection of name, symbol, value and decimal numbers.
The site is user-friendly and doesn’t take up a lot of time.
How Does EtherZaar Function?
Innovators on the blockchain can access the official EtherZaar website at any time of the day to create their unique ERC20 compliant token. The token is then accessible for use throughout the Ethereum network, which is an excellent idea. However, for the creative process to be complete, you will have to click on the “create Your Token” link on the homepage. After that, you are led to another page where you fill in your desirable unique details of the token which would include; the token name, symbol, token amount, token decimals and your address.
You then add to the cart when sure of the information and wait for confirmation. Remember the address you key in has to be one for Ethereum and if you don’t own one, you get to purchase via the Changelly and Coinbase exchanges, whose links are available on the site.
There is no much information on the technical part only that the EtherZaar developers would work to ensure the token is ERC20 compliant. The token would then be used as a form of currency as they are exchangeable between different accounts. However, it doesn’t possess an economic value as crypto coins as they undergo special transactions as opposed to the usual blockchain. Examples of tokens include; OMG, AMB, and BAT. In simple terms, tokens provide utility.
While the decision as to whether to invest or not via this platform is completely yours, there are a few factors you have to place into consideration. For instance, why do you need your own token and what opportunities are out there for you? Therefore, in this case, ensure to conduct research to ensure you get things right before investing.
In overall, we find the site quite educative although we feel that it could do much better with more information like some samples of what works and the opportunities they offer. AS for now, we can’t verify the details, thus urge you to exercise caution.