What costs are involved in developing a new altcoin?
Costs vary depending on whether you fork an existing blockchain, issue a token, or build an entirely new protocol. A basic ERC-20 token may cost a few thousand dollars, while custom altcoin development with unique consensus could run into six or seven figures. Expenses include development, smart contract audits, legal compliance, marketing, and exchange listing fees. Long-term sustainability also requires funds for community building, liquidity incentives, and ongoing upgrades. Skimping on audits or compliance can cause reputational and financial damage. A realistic budget ensures the altcoin is not just launched but maintained successfully in a competitive market.
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