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I have created a token but, what does that mean?

Aug 28, 2020

I have created a token but, what does that mean?

Token creation is awesome for a simple reason: you can do infinite things with it. Tokens are your own digital tokens it is the money you have issued to fulfill a specific purpose or just many plans at the same time.

I created a token: Measure your reasons.

None knows your reasons better than you, even though tokens can fulfill many purposes you probably created it thinking that you wanted to help yourself get on to a personal project you have or provide a solution to a specific issue.

You should know that even if your project isn’t designed yet, It is not a loss of time to create a token now. Knowing the uses of it, in contrast to fiat-cash money, digital coins aren’t going to get old and degrade over time, they aren’t like cash paper that will stop having value when the paper is ripped or washed. Tokens will continue to maintain the value that you have given them. Which means that you can create a coin and expect to use it in the future.

“When we talk about creating tokens we talk about building up a payment system, a crowdfunding method, a brand, a way to share original creations to a special community…”.

Since everything starts with publicity and promotion, you shouldn’t be afraid of talking about what you will do in the future. For example, you can set a release period for a year and start an early campaign, this way you can promote your project and offer something special in return with a lot of time ahead. Once the release time is over your tokens will be available for sale and you will be able to receive the support.

I created a token: Is it really mine?

When it comes to MintMe’s reliability and security we must talk about blockchain because blockchain is the technology behind the process becoming what it is. No one will be able to issue tokens or counterfeit them, like changing important data like the balance of the account or declare to have more tokens than they really have.

“When we talk about creating tokens we talk about a tool to connect with your clients, a coin that talks about you, a way to reach a wider community, a way to expand your business and allow people from all over the world participate with you…”.

Without blockchain someone could change the value in the database and double the number of tokens anytime, just like it’s done right now with money, (even though, instead of changing the value in the database you print more money) and we don’t want that to happen right?

Tokens are yours not only because they are in your balance and possession but because they are charged with your idea and the project you have created. It doesn’t matter where in the world, anyone who buys your tokens will always continue to have them until they decide to re-sell it, and the new owner will also receive a token that represents you, same name, same characteristics, even if the sell order was different.

When we talk about creating tokens we talk about building up a payment system, a crowdfunding method, a brand, a way to share original creations to a special community, a tool to connect with your clients, a coin that talks about you, a way to reach a wider community, a way to expand your business and allow people from all over the world participate with you, and much more.

Mary Schwartz