Create your own tokens and register them in the blockchains of Bitcoin or Ethereum may sound complicated for many, but the reality is that the process for issuing them is less complex than what it seems. There are platforms such as the Omni Layer, the Waves or MakerDAO, which will make your job easier and now I present to you in these 3 video tutorials for you to generate new tokens.Unlike the cryptocurrencies that work natively in a chain of blocks is distinct and independent, the tokens are created from a blockchain already existing, which gives them other characteristics such as represent fungible goods. The vast majority of the tokens generated so far used the network of ethereum through the creation of a contract smartphone. However, other projects have also used the own Omni Layer, Tron, Neo, RSK Smart Bitcoin or Burning, among others.It is important to note that this unit value can also be used as a means of payment and is accepted by communities of users. In these 3 video tutorials for you to create your own tokens, we have prepared a step-by-step for the emission process as simple as possible.With Omni Layerpodrás create tokens thanks to the implementation of contracts intelligent own, with Waves you’ll be in a position to generate the tokens online and redeem them in the platform, which also functions as a criptobolsa. In addition, with the service of MakerDAO any person can learn how to create a stablecoin. Below, we present to you the tutorials to get you started in the world of the tokens.
Contents
Omni Layer
One of the most recognized within the criptoecosistema for the creation of tokens is the Omni Layer. This platform is the precursor of the Initial Offerings of Currency (ICO) for the joint financing. Another point in favour of this service is that it was chosen for the creation of tether, a stablecoin, the price of which is anchored to the dollar of the united States and currently represents the token with the highest market capitalization.Omni Layer uses a layer to manage transactions that are supported in the blockchain of Bitcoin, which is used to design and implement contracts smart own. When you create an account on the Omni Layer, the user can create new tokens, store them or share them on your own system if you want.To create the token, the user only must enter the option in My Wallet, select My Assets, and continue with the process of generation. At this point you must select the type of token that we want to create, whether it be a token in normal, one to arrange an initial offer of currency or a managed property, in which case the tokens issued can be used once you have created the contract smart.
Waves
The process for the creation of a token with Waves begins with the transfer of funds to our account. In this case, for example, can be transferred ethers to redeem them in the house of the change of the platform by a number of waves. Once the funds have been confirmed and carried out the redemption, the user is now ready to begin with the process.In the form for the generation of the token must be included the following data: what name will the new criptoactivo, description and the total amount of tokens issued. In this latter aspect there are two options. The first is reissuable, which will indicate if in the future will be added more tokens. While the second option is not reissuable, which tells the system that the token will have a unique amount to always.Once you have added the data on the number of decimal places to use, and do a preview of the token, the user should only click on generate.
MakerDAO
The service provided MakerDAO is associated with the generation of the token stable. The decentralized service has created the token DAI works on the network Ethereum under the protocol, ERC-20. DAI has a parity 1:1 with the us dollar, but it is not a token backed by a model of custody, with fiat money, as the tether.The price of DAI is established through a deposit of ethers in a contract smartphone called the Position of Secured Debt, or CDP, which takes into account a concept known as the value of collateralization.For the generation of the token is necessary to create a CDP, taking into account the amount of collateral deposited. The ratio of collateralization must have a minimum of 150%. The balance is transferred remains in a guarantee for the issuance of the DAI, whose amount will be defined by the amount of ETH is provided by the user.The person can make new deposits after it has been created by the CDP. The intention is to increase the amount of DAI. To close the CDP, the user will have to pay the equivalent of the DAI is generated and an annual interest rate.