Polygon Token Generator

Once you confirm your transaction you will receive transaction hash (first) and Token address (when transaction is confirmed). If your transaction will take some time to be confirmed due to network status, you can monitor it and your Token will be visible in transaction page. Watch the above video tutorial for details.

Once your Token will be deployed you (your MetaMask address) will be the only owner.

The initial token supply will be held by the address used to deploy the token (your MetaMask address). This address will be Token Owner and will be able to generate new tokens (in case you selected a token type with Mintable behaviour).

Your Token will be a fully ERC20 compatible token. Any ERC20 wallet will support your Token.

To generate new tokens you must use the "mint" function using token owner wallet. You can doing this by using the Contract/Write tab on your Etherscan token page. You can also import ABI from the Docs page in tools like MyEtherWallet and calling the mint function.
Note: remember that your tokens has a number of decimals (usually 18), so you must use the entire number with decimals.
I.e. if you need to generate 500 additional tokens, call the mint function by inserting 500000000000000000000.

Yes, you can use your Token in Exchanges, Dex, or DeFi protocols like Uniswap. It is a ERC20 compliant so you can use for any purpose where ERC20 applies.

Yes, you can use Token for ICO or Crowdsales.
Note: you need to develop an ICO or Crowdsale Smart Contract; Token address can't receive MATIC.

No, Token address can't receive Ethereum. If you want to create ICO, you need to develop a Smart Contract able to do that.

Yes, your token source code will be already verified by "Similar Match". It means that your source code is similar to other tokens deployed using this generator.

Once your token will be deployed you will be able to add information on Etherscan using their procedure.

No, your Token is not SCAM. Code is well tested and updated regularly, token has verified source code already used by thousands of tokens. It will be SCAM if you use as it. ERC20 Token Generator is FREE to use and there are about 10.000 tokens built on. Maybe someone used it to SCAM but it doesn't mean you will use for it too. YOU DON'T. Below the link to documentation about the project you can share to demonstrate trustability of your token source code (not of your intentions).

Ethereum is a decentralized platform that runs Smart Contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference.
These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property.
This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middleman or counterparty risk.

A Block Explorer is basically a search engine that allows users to easily lookup, confirm and validate transactions that have taken place on the Ethereum Blockchain.

DApp is an abbreviated form for decentralized application.
A DApp has its backend code running on a decentralized peer-to-peer network. Contrast this with an app where the backend code is running on centralized servers.
A DApp can have frontend code and user interfaces written in any language (just like an app) that can make calls to its backend. Furthermore, its frontend can be hosted on decentralized storage such as Swarm or IPFS.
For an application to be considered a Dapp (pronounced Dee-app, similar to Email) it must meet the following criteria:

• The application must be completely open-source, it must operate autonomously, and with no entity controlling the majority of its tokens. The application may adapt its protocol in response to proposed improvements and market feedback but all changes must be decided by consensus of its users.
• The application's data and records of operation must be cryptographically stored in a public, decentralized blockchain in order to avoid any central points of failure.
• The application must use a cryptographic token (bitcoin or a token native to its system) which is necessary for access to the application and any contribution of value from (miners / farmers) should be rewarded in the application’s tokens.
• The application must generate tokens according to a standard crytptographic algorithm acting as a proof of the value nodes are contributing to the application (Bitcoin uses the Proof of Work Algorithm).

The Ethereum token standard (ERC20) defines a common list of rules that an Ethereum token has to implement. Giving developers the ability to program how new tokens will function within the Ethereum ecosystem. This token protocol became popular with crowdfunding companies via initial coin offering (ICO).

"Gas" is the name for a special unit used in Ethereum. It measures how much "work" an action or set of actions takes to perform.
Every operation that can be performed by a transaction or contract on the Ethereum platform costs a certain number of gas, with operations that require more computational resources costing more gas than operations that require few computational resources.
The reason gas is important is that it helps to ensure an appropriate fee is being paid by transactions submitted to the network. By requiring that a transaction pay for each operation it performs (or causes a contract to perform), we ensure that network doesn't become bogged down with performing a lot of intensive work that isn't valuable to anyone.
Use the links below to discover more about Gas and Gas Price.

If such an account (wallet) with privileges is lost or were to fall in the hands of a malicious user, they could wreak havoc in your system. A good option for securing owner accounts is to use a special contract, such as a multisig, instead of a regular externally owned account.
Multisig is a smart contract wallet running on Ethereum that requires a minimum number of people to approve a transaction before it can occur. If for example you have 3 main stakeholders in your business, you are able to set up the wallet to require approval from all 3 people before the transaction is sent. This assures that no single person could compromise the funds.