Creating altcoins is pretty tricky for the average person. It requires a basic knowledge of C++ programming, understanding compiling errors, etc. Or at least, that’s how it used to be.
Coingen is a new website that lets you easily create your own altcoin. From the description on the site,
“Think you can market an altcoin better than Dogecoin, Catcoin, or even Litecoin? Want to create your own coin and get in on this gravy train? Follow this simple form to get started with your very own altcoin!”
Creating an altcoin with the default configuration costs 0.01 BTC. You can spend an additional 0.10 BTC to remove the Coingen branding from the splash screen and/or 0.05 BTC to include the source code.
If you think it’s worth the money, go for it. But honestly, it’s going to be difficult to compete with the hundreds of altcoins that already exist.