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There are many blockchain platforms available in the crypto space for token creation. At present, the most prominent and recognized blockchain is the BNB chain. Based on that, BEP20 is a token standard that belongs to the BNB Chain, a popular blockchain that is known for its low transaction cost and high transaction speed. Also, the BEP20 token comes with various advantages, which are listed below.

There are several reasons why a crypto startup might consider creating a BEP20 token:

An ICO, or initial coin offering, is a popular way for companies to raise capital through the sale of digital tokens. Thinking of launching your ICO? Not sure where to start? Look no further than a beginner's guide to creating an ICO Smart Contract! This friendly and accessible guide will help the world of cryptocurrency and guide you through the process of creating your own ICO smart contract. This guide is perfect with clear explanations and step-by-step instructions, for anyone new to the world of blockchain who wants to create a successful ICO.

An STO is a popular fundraising mechanism and it is addressed as an effective method compared to other crypto crowdfunding models. For launching an STO, you should possess a security token. A security token is created by backing real-time assets like real estate, stocks, etc. For creating a security token, SEC guidelines should also be followed and must be highly secured. Because of backing assets and the influence of the SEC, STO builds higher trust among investors.

After knowing about the STO, you might be curious to know the development method behind STO creation.