SHILL Issue 155

Introducing the Classic Token Creator. A user-friendly
tool crafted to simplify the token creation process
on the Solana blockchain. Whether you’re an experienced
developer or new to the blockchain space, our
platform offers the resources and assistance needed
to bring your ideas to fruition. We provide support
throughout the process, and as an integral part of our
project, 100% of the revenue generated by the Classic
Token Creator will be reinvested into Solana Classic.
The cost of generating a contract on the Solana Blockchain
is 0.5 SOL.
Revoking mint authority costs 0.1 SOL.
Freezing mint authority also costs 0.1 SOL.
8. Click ‘create’ and approve the transaction in your
wallet. In about 30 seconds the tokens will appear in
your wallet.
Revoke Mint Authority
If you choose to revoke mint authority, you’re ensuring
that the maximum supply of tokens cannot be exceeded.
Revoke Freeze Authority
By revoking freeze authority, you’re ensuring that
tokens cannot be frozen in holders’ wallets. It’s essential
to revoke freeze authority if you plan to create a
liquidity pool.
Every penny generated from the ultimate token generator
is reinvested back into Solana Classic.
Here’s how we allocate our revenue:
25% for strategic buybacks on the chart.
25% for development to enhance various utilities.
50% for marketing efforts to spread the word and grow
our community.
Beginning Your Journey: Initial Steps to Token Creation
on Solana.
1. Connect your wallet on our generator page.
2. Enter your tokens name.
3. Choose a symbol (up to 8 characters).
4. Specify the total supply of your token.
5. Select the decimal precision.
(0 for Whitelist Token, 5 for utility Token, 9 for meme
token)
6. Describe your token briefly and add all links to your
socials.
7. Upload your PNG tokens image/logo.
↑ Revoke Mint Authority and Revoke Freeze Authority
↑
After deploying and receiving your tokens, revoking
both mint and freeze authority, you need to create
a market ID. Click on ‘Create ID’ on the button at the
top left. Make sure you do not lose your market ID!
After creating your market ID, use it to create a pool on
Raydium. Click on the ‘Raydium Pool’ button on the left
sidebar to be directed there. A comprehensive information
page detailing this subject will be published
once the tool is officially live, providing deeper insights
into the process.
In addition to our revenue model, what sets us apart is
our dedicated support system for those with questions
about generating a contract. We’ve implemented a
chat feature right on the generator page to assist everyone
with ease around the clock. Users will receive
assistance through our Telegram chat, accessible via
the provided link on the page, ensuring 24/7 support.
94 SHILL Issue #154