Is ERC-20 Token Development Still Worth It for a New Crypto Project in 2026?
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I’m planning a blockchain project and I’m currently deciding whether creating an ERC-20 token is still a good option in 2026. I initially thought launching a token would be fairly simple, but after researching it, I realized there are many things to consider, such as token supply, utility, smart contracts, wallet support, security testing, and deployment.
My main concern is whether building an ERC-20 token makes sense for a business that wants to create a payment system, rewards program, DeFi platform, or another blockchain-based product.
I’m also trying to understand whether it is better to build everything from scratch or work with an experienced development team. From what I understand, the technical work is only one part of the project. The token also needs a clear purpose and should fit into the overall business model.
For entrepreneurs planning a crypto project, what factors would you consider before starting erc20 token development? Is it mainly the token's purpose, development cost, security, or future scalability?