Building an ERC20 Token? Here are 10 mistakes that could KILL your project   

Wang Mary

Token sale 5 months ago
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Smart contract bugs. Bad tokenomics. No audits.
You’d be surprised how often even well-funded projects overlook the basics.

In our latest blog, we cover the Top 10 Mistakes to Avoid in ERC20 Token Development – from security gaps to legal landmines.

Whether you're a founder, CTO, or blockchain dev, this is a must-read before you deploy.

🔍 Learn the best practices
🛡️ Secure your project
🧠 Build trust with your community

1/ 🔒 Skipping a smart contract audit
This is like launching a bank with no security system.

2/ 📉 Weak tokenomics
Poor planning = no sustainability. People will dump.

3/ 🧱 Not using OpenZeppelin contracts
Don’t reinvent the wheel. Use what’s trusted.

4/ ⚖️ Ignoring regulations
Compliance ≠ optional. Avoid lawsuits later.

5/ 🧮 Overflow/underflow issues
Yes, this still happens. Protect your math.

6/ ⛔ No pause functionality
Can’t stop a hack in progress? That’s a problem.

7/ 📄 Zero documentation
No one will build with you if they don’t know how.

8/ 🧍 Centralized contract ownership
No trust = no users. Think decentralization.

9/ 💸 Gas-inefficient code
Users won’t pay extra just to interact with you.

10/ 📉 No post-launch support
Your token’s launch is Day 1, not the finish line.

💡 Want to avoid these?

👉 Full guide here: https://www.malgotechnologies.com/erc20-token-development
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