How To Easily Create a Token on Tezos

A step-by-step guide to create a token on Tezos without any coding skills.

Originally published at Tezos Commons News

By Cryptonio.tez


850 words, 5 minute read

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One of the features of Tezos is the ability to create custom tokens on its blockchain which can be used for a variety of purposes such as NFTs, Defi, loyalty programs, DAO governance ,or as we saw recently- just to create a meme token.

In this guide, I will walk you through the steps of creating a token on Tezos without the need for any coding skills. Whether you are a beginner or an experienced blockchain enthusiast, this guide will provide you with a comprehensive overview of the process and enable you to create your own custom token on the Tezos blockchain. So let’s get started!

Step 1 - Setup a Tezos Wallet #

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First thing we will need is a Tezos wallet. If you already have a Tezos wallet set up, you can obviously skip this step, if not, you should go ahead and set up one of the many (awesome) Tezos wallets that exist. Here is a list with a few of the most popular ones.

TempleWallet***(browser extension & mobile app)
Kukai Wallet(web wallet usable on mobile too)
Umami(Desktop wallet)
Naan(Mobile wallet)
AirGap (Mobile wallet)

Step 2 - Go To The FA2 Bakery Website #

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The “FA2 Bakery” is an open source tool created by Anastasiia Kondraurova from the team and it allows us to create tokens on Tezos in a simple way.

Once you have your wallet ready, go to the FA2 Bakery website and connect your wallet on the top right of the page and make sure that “mainnet” is selected right below the “connect” button.

Step 3 - Fill In The Details Asked #

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Now that our wallet is connected, we need to fill the details for our smart contract and our asset. Let’s look at all the details one by one:

Contract Details

Now that we have our contract details filled, we click on the “Add Asset” button and start filling the details for our token.

Token Details

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Step 4 - Deploy! #

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So now that we have all the details filled for the token contract and the asset itself, we are ready to deploy them! Note that the deployment of the token will cost some tez in storage fees and the amount depends on the detail selections we have made (supply, image, decimals etc). In my example, it cost me about ~1.40 tez in storage fees.

So click “Deploy”, confirm the transaction and boom! Our token is created and we should be able to see it in our wallet!

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Now that your token is ready, you can go ahead and use it in any way you want. You can create a liquidity pool for your token on one of the Tezos decentralized exchanges, use your token for a royalty program you had in mind or even create a DAO with Homebase and use it as the governance token!