Cost of ETH Token + Staking Development?

cryptolicious · Feb 28, 2023

Is there a solidity dev here who can tell me the approximate cost of developing a token system?

The following specifications:

- buy/sell tax should go into a pool that should be distributed daily by a random mechanism to a few token holders who
A) hold a minimum of X amount of my token and
B) leave them in their own staking system,
which shall be available on the token website.

How long will it take to develop the smart contract + website with staking and reward system ca and more importantly, how much usd could the total development amount to?

Nikolaos · Mar 2, 2023

That is a very complicated question. Depends, from 50k to 500k. It would be better to learn solidity and rust and try to develop your own coin/exchange. Why? Because senior solidity developers get paid at least 300k per year and if done by one developer i think it should surely take one year before everything is functiinal.

cryptolicious · Mar 3, 2023

Thanks for your reply. That amount is slightly shocking to me, I thought at the maximum 50k or so.
Which part takes so much effort? Isn't the staking just another contract like the normal token contract? Or is the whole process way more complex?

HustleTong · Mar 4, 2023

It's super hard to market these fresh tokens as well
A lot of rug pulls in the industry so far

HustleTong · Mar 4, 2023

RYUK_ said:
yep, I’d say about 90%+ of tokens/projects these days are plain pump & dumps.

Exchanges are manipulating the whole ecosystem with USDT
It's a tough road to navigate until the regulation comes along

SuperKingCheese · Mar 4, 2023

cryptolicious said:
Is there a solidity dev here who can tell me the approximate cost of developing a token system?

The following specifications:

- buy/sell tax should go into a pool that should be distributed daily by a random mechanism to a few token holders who
A) hold a minimum of X amount of my token and
B) leave them in their own staking system,
which shall be available on the token website.

How long will it take to develop the smart contract + website with staking and reward system ca and more importantly, how much usd could the total development amount to?

I would charge $500 for this and have it ready in a day. Smart contract only though, I don't do web development.

Cost of ETH Token + Staking Development?

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