When discussing the factors that affect the cost of creating an ERC20 token, it’s important to understand that pricing varies based on how advanced your token needs to be. The overall price depends on the level of customisation, security, and additional features you want to include. Simple ERC20 tokens with standard functions are cheaper, while tokens with complex utilities naturally require more development time and expertise.

Here are the main factors that influence ERC20 token development cost:

• Token Features & Customisation: Additional functions such as minting, burning, pausing, staking, governance, or vesting increase complexity and raise costs.
  
  

• Security Requirements: High-security or audit-ready code requires more effort, which impacts the pricing.
  
  

• Smart Contract Audit: A professional audit is often essential and can significantly add to the total budget.
  
  

• Gas Optimization: Developers may spend extra time optimising your contract to reduce Ethereum deployment fees.
  
  

• Development Team Expertise: More experienced blockchain developers or reputable companies charge higher rates but deliver secure, reliable output.
  
  

• Additional Integrations: Dashboards, admin panels, launch support, and marketing tools can also influence the final cost.

In short, the overall cost depends on how simple or feature-rich you want your ERC20 token to be. Basic tokens remain affordable, while advanced, fully audited tokens with custom functions will require a bigger budget. If you're planning to develop your own ERC20 token and want expert guidance, Maticz offers end-to-end token development services to help you launch securely and cost-efficiently.