Coinstructor — creating and deploying a simple ERC20 token without any programming skills. The project is powered by proven OpenZeppelin ERC20 token contracts.
Contents:
Description of the Coinstructor
The service uses the EIP-1167 minimal proxy template with Vanity optimization to save on gas significantly. So, instead of deploying the full ERC20 code over and over again - it only deploys a small contract that has its own repository (all parameters you enter are balanced, etc.).
Other features:
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Using the EIP1167 proxy standard to save gas. Using short addresses for sales contracts to save even more gas. |
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Easy to use web interface to deploy ERC20 token without any programming skills. Just enter your values and click Expand. |
| 3. | To interact with the Ethereum network, a wallet such as Metamask must be installed and connected in your browser. All you need to do is just enter the name of the token, its symbol and TotalSupply. |
The focus is on gas optimization, so you pay much less Ethereum transaction fees. Deploying Coinstructor is 5-10 times cheaper than similar projects. The project creators use the EIP-1167 CloneFactory proxy standard for ERC20 deployments. The only thing being rolled out is a proxy contract that is only 41 bytes in size and costs only 174,881 gas. It points to a pre-deployed singleton of the ERC20 implementation, which makes it very efficient.
Currently, the developers offer the simplest ERC20 with a fixed set of tokens that you specify when creating it. This means that all shipments will be available in your account instantly.
Additional information
Instead of WhitePaper, you can get all necessary information on the main page. There is a section with answers to questions, as well as with the main advantages of the project. ERC20 is the Ethereum token standard. There are thousands of tokens, among the most famous are DAI, USDC, COMP and others. Since the ICO, almost every project has had its own token coin. Using this tool, you can also deploy your own in a couple of clicks.
Use social media to connect with the community:
Thus, you will always stay up to date with all news and updates. Smart contract audit is not provided.