Hey
Has anyone participated in the distribution of tokens on Radix from the issuer side?
I have a project I’m working on and would like to introduce a token.
The token would: - Raise funds for development beyond my own skills/experience
- Provide utility in the project
- Reward participants
- Governance
But, I don’t have any experience issuing tokens.
Including but not limited to: regulatory/legal consideration (AML/KYC etc), marketing/awareness campaign and logistically.
Does anyone have any experience of this nature?
Wish I could help, but these are a lot of topics I've never tackled. That being said, I am interested in responses so posting here to remind me to come back and as a free bump.
I can probably point you in the right direction for the actual distribution though, how to send to many addresses in one transaction for example.
Feb 20, 2023 11:06 AM
(This post was last modified: Feb 20, 2023 11:10 AM by Omniscient.)
I find the easiest wallet to issue custom tokens from was Waves. I think for Radix you'll have to setup a node. Or contact someone who has one.
Found this for doing it via API.
https://docs.radixdlt.com/main/apis/crea...token.html
Now you just have to find an Radix server with an open API you can push transaction to issue token.
EDIT: Actually appears that the example code uses radix mainnet which appears online and usable. https://mainnet.radixdlt.com/
(Feb 20, 2023 11:06 AM)Omniscient Wrote: I find the easiest wallet to issue custom tokens from was Waves. I think for Radix you'll have to setup a node. Or contact someone who has one.
Found this for doing it via API.
https://docs.radixdlt.com/main/apis/crea...token.html
Now you just have to find an Radix server with an open API you can push transaction to issue token.
EDIT: Actually appears that the example code uses radix mainnet which appears online and usable. https://mainnet.radixdlt.com/
Further, their Github has a plethora of community made examples for topics such as these:
https://github.com/radixdlt/community-scrypto-examples
For example, if you wanted to host 'Hackforum's Radix Token Deployer' on /mint.php, you could take a look at this deployer example and get a web based token deployer going that operates similarly to how Waves' wallet did, just externally:
https://github.com/radixdlt/community-sc...en-creator
(Feb 20, 2023 11:06 AM)Omniscient Wrote: I find the easiest wallet to issue custom tokens from was Waves. I think for Radix you'll have to setup a node. Or contact someone who has one.
Found this for doing it via API.
https://docs.radixdlt.com/main/apis/crea...token.html
Now you just have to find an Radix server with an open API you can push transaction to issue token.
EDIT: Actually appears that the example code uses radix mainnet which appears online and usable. https://mainnet.radixdlt.com/
Thanks! I did spot & bookmark the API, I didn't toy with it but I think I grasped it.
Though, one thing did stand out as beyond my current knowledge which was signing the request before submitting it that may be a bit of a learning curve (I guess a few hours of research and practice!) but actually I think that substantiating the token on ledger may be the easiest part of the token puzzle.
I'm more-so worried about not fully understanding 'the other stuff' such as any tax implications, the legal status of such a token ( I think, after some brief research, in the UK at least & for the use-cases I have, it'd be an 'unregulated utility/exchange token' - as opposed to a regulated e-money or regulated security), any requirements for me to KYC/AML the buyers, and all of the other 'stuff' currently unbeknown to me that goes around the token launch.
Feb 20, 2023 11:43 AM
(This post was last modified: Feb 20, 2023 11:45 AM by Omniscient.)
I got stuck on trying to get my wallets public key hex.
Actually I just checked my Z3us web3 wallet I use for Radix. it has token creation option in Settings->Token Management->Create Token.
So boom there ya go.
https://z3us.com/
(Feb 20, 2023 11:43 AM)Omniscient Wrote: I got stuck on trying to get my wallets public key hex.
Such a pain in the ass initially.
This is actually what made me so fond of the Caviar Nine team. I was struggling with this aspect and Tronn, from C9, tossed me a message randomly offering to help and then spent a few hours going over this and different aspects of operating a full node with me. He didn't know me, had zero obligation to help, yet he helped me understand quite a lot about running a Radix node.
Love the C9 team <3
(Feb 20, 2023 12:22 PM)SUI-3183372 Wrote: Such a pain in the ass initially.
This is actually what made me so fond of the Caviar Nine team. I was struggling with this aspect and Tronn, from C9, tossed me a message randomly offering to help and then spent a few hours going over this and different aspects of operating a full node with me. He didn't know me, had zero obligation to help, yet he helped me understand quite a lot about running a Radix node.
Love the C9 team <3
Normally official wallets have a console or dev mode to run node-like commands. Commands like getting your pubkey or maybe changing a setting.
I'm actually very disappointed overall with the default Radix wallet. It's a crap interface, poor controls, and nearly featureless.
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