Coin Lab
Create your own coin
Design a reward coin for your own business, document it honestly, and work through the launch steps. Start as points, move on-chain only when people are actually using it. Nothing here is legal or financial advice.
What the name means, and how to choose
What it is: The full, human name of your coin — what shows in wallets and on listing pages. It is permanent once a coin is created on a chain.
How to choose: Use your brand plus a plain word people already say: 'Sage Rewards', 'Ford Coin'. Say it out loud; if it needs spelling, change it.
Common mistake: Copying a famous coin's name. It gets you flagged as a fake and can be a trademark problem.
What the symbol means, and how to choose
What it is: The short ticker, like WOP or SAGE. It is how traders and wallets label your coin in lists.
How to choose: Three to five letters, all caps, no spaces or numbers if you can help it. Search it first — duplicates exist and confuse people.
Common mistake: Long tickers get cut off in wallets and look unfinished.
What total supply means, and how to choose
What it is: The total number of coins that will ever exist. It is not a value — a million coins is not worth more or less than a thousand. It only decides how finely you can slice rewards.
How to choose: Match it to how often you pay people. Rewarding small actions daily? 1,000,000 to 1,000,000,000 keeps each payout a comfortable whole number. Rare, high-value rewards? 10,000 to 100,000 keeps each one meaningful. Work backwards: yearly payouts x how many years you want to cover x 3 for headroom.
Common mistake: Picking a giant number to look impressive. A huge supply makes each coin feel like nothing, and people notice.
What decimals means, and how to choose
What it is: How many places after the point a coin can be split into. 18 is the standard on Ethereum-style chains; Solana usually uses 6 or 9.
How to choose: Leave it at the standard unless you have a hard reason. It does not change supply or value — only how small a piece someone can hold.
Common mistake: Setting 0 decimals to keep things 'clean'. You can then never pay out half a coin.
What this sentence means, and how to choose
What it is: The one sentence that says what someone does to get the coin and what they can do with it. This is the whole reason the coin exists.
How to choose: Write it as: 'Members earn X for [action] and spend it on [reward].' If either half is blank, you have a marketing gimmick, not a coin.
Common mistake: Describing what the coin might be worth instead of what it does. That is the line between a reward and a promise you cannot keep.
What earn rules means, and how to choose
What it is: Every action that pays out coins. This is your cost side — each line is money leaving the business in some form.
How to choose: Reward things that grow the business: reviews, referrals that actually buy, repeat orders, finishing a course. Price each one so all rewards together stay under roughly 5-10% of the sale it came from.
Common mistake: Paying for signups alone. You get bots and freebie hunters and no customers.
What spend rules means, and how to choose
What it is: What people can trade coins back for. This is what gives the coin any real meaning inside your business.
How to choose: Mix cheap-to-give and hard-to-get: a discount, early access, a call with you, a limited product. At least one reward should be something money alone cannot buy.
Common mistake: Only offering discounts. Then the coin is just a coupon and people wait for sales instead.
Where it lives
What this choice means, and how to choose
What it is: Where the coin lives. Points stay inside your app. A blockchain makes it real, transferable and public — and permanent.
How to choose: Start with points unless you already know people want it. Move on-chain when members ask to hold or move it themselves. Cheap fees matter most when you pay out often.
Common mistake: Going on-chain first because it sounds serious. You inherit legal duties, wallet support questions and permanent decisions before you know anyone cares.
Launch steps
0% completeWhat this step means: You are deciding whether a coin should exist at all. A coin is a loyalty currency: earn on one side, spend on the other.
How to decide: Write both halves in one sentence and show it to three customers. If they ask 'so what do I get?', the spend side is too weak.
Common mistake: Launching a coin because competitors have one.
What this step means: The earn list is your cost, the spend list is your value. Together they are the economics of the coin.
How to decide: Put a real cash cost next to each earn line and each spend line on paper first. Total rewards should stay a small slice of the sale they come from.
Common mistake: Generous launch rules you have to cut later — cutting rewards feels like theft.
What this step means: Points are the same idea with no blockchain, no wallets and no permanence. It is a rehearsal you can change freely.
How to decide: Run 30 days. Watch two numbers: how many people earn, and how many actually spend. If spending is near zero, fix the rewards before anything else.
Common mistake: Skipping this. Everything you get wrong here is fixable; on-chain it is not.
What this step means: Once a coin can be bought, sold or talked about as going up in value, it can be treated as a financial product where you live.
How to decide: Take a paid hour with a lawyer who knows digital assets in your country before anyone can trade it. Bring your spec sheet.
Common mistake: Assuming 'it is just points' protects you once it is tradable. It does not.
What this step means: Choosing the network your coin runs on, which decides fees, wallets and tooling.
How to decide: Base or Polygon if your people use MetaMask or Coinbase Wallet. Solana if you want near-free instant transfers and Phantom wallets. Fees add up fast if you pay out often.
Common mistake: Switching chains later. It means a new coin and asking everyone to migrate.
What this step means: Locking the total number and whether more can ever be created. Fixed supply means no more, ever.
How to decide: Fixed supply is simpler to explain and easier to trust. If you may need to mint more, say so publicly up front and explain who decides.
Common mistake: Quietly keeping a mint function. When somebody reads the contract, trust is gone.
What this step means: Publishing the contract — first on a free test network, then for real. Verifying it lets anyone read the code.
How to decide: Send several test transfers, try a reward payout, then repeat on the main network and verify the source immediately.
Common mistake: Deploying straight to the main network and finding the bug afterwards.
What this step means: The wallet that deploys the coin controls it. Whoever holds that key holds the coin.
How to decide: Use a hardware wallet, or a multi-signature wallet needing two people to approve. Never the wallet on your daily phone.
Common mistake: Keeping the key in a notes app or a screenshot.
What this step means: A public page stating supply, who holds what, what the coin does, and clearly that it is not an investment.
How to decide: Publish it before launch and link it everywhere the coin appears. Build it with the WOP Site Builder.
Common mistake: Vague wording. Every gap gets filled in by rumour.
What this step means: Turning on real earning for real customers and watching what it costs you.
How to decide: Check cost per reward weekly for the first two months. Adjust the earn and spend rules, never the supply.
Common mistake: Changing the supply to fix a cost problem. That breaks the one promise holders relied on.
Your coin wallet
A real Solana wallet held for you. Send SOL to the address below to fund it, then use it to launch your coin and make the first buy. Only you can spend from it, and the keys never leave our servers.
List it on pump.fun
Add your business details, then copy each box straight into the pump.fun creation form.
Name
pump.fun name field
My Reward Coin
Ticker
Letters only, kept short
MRC
Description
Paste into the description field
My Reward Coin (MRC) is the community coin of our business. Holders and members earn MRC for: Leave a review, Refer a friend who buys, Complete a course. MRC can be used toward: 10% off an order, Early access to a drop, A one-to-one call. Supply: 1,000,000 MRC. MRC is a community and utility token, not an investment. No promise of price, resale value or .
Short version
If the form trims long text
My Reward Coin (MRC) is the community coin of our business. Holders and members earn MRC for: Leave a review, Refer a friend who buys, Complete a course. MRC can be used toward: 10% off an order, Early access to a drop, A one-to-one call. S
Coin image prompt
Paste into the Branding Studio to make the artwork
Square app-icon style logo for "My Reward Coin" (MRC), modern business, bold simple mark, high contrast, readable at 64px, flat vector, clean background, no text other than the letters MRC
Website
Your coin page
— fill in your business details above —
X (Twitter)
Profile link
— fill in your business details above —
Telegram
Group link
— fill in your business details above —
First pinned post
Post this right after creating
My Reward Coin (MRC) is live. What it is: the community coin for our business. Supply 1,000,000. What it does: 10% off an order, Early access to a drop, A one-to-one call. What it is not: an investment, and we make no claim about price or value. Questions welcome in this thread.
Coin artwork — exact size
1000 x 1000 pixels, perfectly square
PNG (JPG accepted), under 5 MB
Shown as a small circle in most wallets and feeds — the mark must stay readable at 64 pixels.
Download 1000x1000 imageCreate it on pump.fun from here
No pump.fun wallet is connected yet, so submissions are off. Add a PumpPortal Lightning wallet key and this button will create the coin for you. Until then, use the copy boxes above on pump.fun.
What it costs to go public
- Creating the coin on pump.funFree to a few dollars
pump.fun has run creation free at times and with a small fee at others. Whatever it shows on the create screen on the day is what you pay — check it there before you confirm.
- Solana network feesPennies (about 0.01 SOL)
Every action on Solana costs a tiny network fee, paid in SOL from your wallet. Keep a little spare so a transaction never fails halfway.
- Funding your walletYou choose, 0.05 SOL is plenty to start
You buy SOL on an exchange and send it to your Phantom wallet. Exchanges take their own small buy and withdrawal fee.
- Optional first buy of your own coinWhatever you decide, or nothing
You can buy some of your own coin at creation. Treat anything you put in as money you may not get back, and never hide it from your audience.
- Trading fee on every buy and sellAround 1% per trade
pump.fun takes a small cut of each trade, paid by whoever trades — not a bill you receive. Rates change, so read the current terms on their site.
- Coin artwork and listing textIncluded in WOP
The 1000x1000 image, name, ticker, description and pinned post are all generated here at no extra cost beyond your normal credits.
Fees are set by pump.fun and the Solana network, not by WOP, and they change. Always read the amount shown on the create screen before you confirm. WOP takes nothing from your coin.
How the listing goes
- 1Set up a Solana walletInstall Phantom, fund it with a small amount of SOL for the creation fee and network fees, and back up the recovery phrase offline.
- 2Make the coin imageSquare, at least 1000x1000, readable at thumbnail size. Generate it in the Branding Studio and export as PNG.
- 3Copy the fields belowOpen pump.fun, choose create coin, then paste name, ticker and description straight from the boxes below.
- 4Add your linksWebsite, X and Telegram fields. Send them to a real page that explains the coin honestly — an empty link kills trust instantly.
- 5Read it back before you createCheck there is no price talk, no promised return and no earnings claim anywhere in the text. Once created, the coin is public and permanent.
- 6Create and pin the honest postAfter creating, post the supply, what the coin does and what it does not promise. Keep answering questions in the thread.
Before you create it
- •pump.fun coins trade openly from the second they exist. Most lose value and many go to zero — never tell anyone to buy.
- •You cannot undo a launch. The name, ticker and description are permanent.
- •Do not buy a large share of your own coin quietly and sell into your audience.
- •Promoting a tradable coin to your customers can carry legal duties where you live. Get advice first.
- •WOP prepares the text. Creating the coin, the wallet and everything after is yours.
Lines you do not cross
- •Never promise a price, a return, a listing, or that the coin will be worth more later.
- •Never call it an investment or use words like ROI, yield, profit or guaranteed.
- •Never launch with a hidden wallet holding most of the supply — publish the split.
- •Never pay people to recruit other buyers. That is the shape regulators look for.
- •Never take customer money for a coin before you have taken legal advice in your country.
WOP gives you the planning tools and the paperwork. Rules differ by country — take your own legal advice before anyone can buy or trade your coin. See the disclaimer and how WOP Tokens works.