How to Create a Token with Distribution
Last updated
Last updated
Welcome, this guide will guide you on how you can create your own token.
Initial Requirements:
You need 0.2 SOL to cover network transaction fees and bot fees, this is currently the price as we are having a sale.
Prepare your Telegram communication setup:
Create a Telegram channel
Generate a bot token
Have your group ID ready, not a TELEGRAM CHANNEL. It's a GROUP you need.
Add the bot to your token's group with admin privileges
Complete this setup several hours before your planned public launch
Important launch sequence:
Verify the bot is working properly (you'll see "online" confirmation messages in Telegram)
Only after confirmation, add liquidity to Raydium
Never add liquidity without first confirming the bot is functioning correctly
If it's not functioning properly, ask for help in the community chat and one of the Admins or Mods will reach out.
This preparation ensures your token launch communications are in place before you make your token available for trading.
Visit https://distributesol.io/create to get to the creation wizard, you will end up on a page that looks like this:
Ensure you read all the tabs thoroughly and click Get Started when ready, and make sure you have logged into the wallet that you plan to use as the authority of the token.
Click Generate New Wallet
Ensure you save and import your Private Key in your Phantom wallet or wallet of choice. This will be used as your distributor address. We do not save these for security purposes so if you do not save it, we can't get it for you, and you will have to start again.
Once you imported and saved, you can continue to Token Creation.
Token Creation
Fill in the details for your coin. The fields are quite self-explanatory. The transfer fee is your tax. If you plan to have a 5% tax on your coin for buy and sell, it would be 5%.
Once ready and you filled in all the details for your token. Click Create token, this will prompt you to pay a fee to cover the cost which includes the distribution and token creation fee, this varies depending on promotion. Please ignore the amount shown in the picture. Currently the fee is set at 1.1 SOL.
Once confirmed, you will get your transaction details on the bottom. Feel free to check your Token Mint Address to check that everything is OK with your token before proceeding to the next page.
Step 4. Token Distribution Configuration
First, get a Telegram Bot Token from the official @BotFather telegram bot from Telegram.
Run the following commands and get your Bot Token, ensure you configure his username and name as you see fit.
Create a Group for your community where you wish to receive messages on the progress of distribution, then add the bot you just created to the Channel and ensure he has Admin permissions. He only needs basic permissions so the bot does not get muted by any of your other bots.
Once done, copy the bot token and paste it in the Telegram Bot Token section in the form.
Copy the ID, including the - and paste it in the Telegram Group ID section.
If you got everything correctly, your page should look something like this:
If you are confident everything is OK - click Generate Configuration, and you're done!
The ability to change your fee, mint or freeze will be automatically revoked as part of the token creation, this means you don't need to pay any extra fees to do this, it's done automatically for you to protect investors.
For any issues, contact Strange at https://t.me/Strange_DISTRIBUTE
Note: The Private Key and Telegram Bot shown in the picture are throwaway accounts and have been deleted after the creation of this guide.
Next, get your Telegram Group ID where you want your bot to send messages. The easiest way to get this is by visiting web.telegram.org, and clicking on your newly created channel. The ID will show up in the URL bar like this
If you've done everything right, you will see a telegram message confirming the distributor is online. The distributor will check every 5 minutes for new rent to collect, rent will be obtained when people start trading coins and liquidity is added.