create account

Some facts on Creating our own token on Hive Engine by bala41288

View this thread on: hive.blogpeakd.comecency.com
· @bala41288 ·
$63.34
Some facts on Creating our own token on Hive Engine
Did you know that you can create a new cryptocurrency or a crypto token on Hive with just less than 100$? Read this post further to know how it can be done. There are several platforms available online for us to create our crypto token for our project. Most of the blockchains have a facility for that. Ethereum and Binance Smart Chain is one of the popular examples. There are a lot more too but I don't want to list out everything in this article. 

The good thing is, we can create a token for our project on Hive Engine by providing details about the token and the project. The token creation cost is 100 BEE and you can literally keep the token supply to unlimited or a limited value based on your need. This facility is available on Hive Engine which is a sidechain to Hive. Even though we don't have this facility directly on Hive, good that we have a side chain that has a smart media token creation capability. 

![he.PNG](https://images.hive.blog/DQmZuEPrvt9Ln6F5jj5xbkmsatffpt7ruC8jLBpq1KUp1eH/he.PNG)


## Is it fully decentralized?

If you ask this question, I would say that most of the important aspects of Hive Engine are decentralized. The side chain itself runs with a code that is open source and witnessed by 20 top witnesses who run the sidechain for us. (I'm one among them too). It is true that some of the aspects of this Hive Engine is not fully decentralized but it still works for projects that don't need full decentralization. 

People who create tokens on Hive Engine will be able to decide the tokenomics and they have full control to mint how much ever tokens they would like to mint. But whoever is starting a project will publically announce how many tokens will be minted and how many will be pre-minted and how they will be used. Otherwise, there is a small chance of centralization there where the token minting is not fully through a smart contract. If the investors are okay with this, then it should be a good thing to go. 

Even though we have a bit of centralization here, people still like some of the projects on the Hive engine and are investing a huge amount of money here. The main reason behind this is that we don't have another alternative or a fully decentralized option here. 

## Advantages of creating tokens on Hive Engine

There are lots of advantages to creating a token on Hive Engine. Even though there are a few disadvantages, I personally think that we should be looking at the advantages more than the disadvantages. 

- Token creation fees are only 100 BEE which is less than 100 $. 
- People can define their own tokenomics based on their project need. 
- There are no transaction fees or any gas fees while transferring the tokens from one user to another user. 
- Easy and simple place to launch your big idea. 
- Hive community is very welcoming. There are lots of users who are eager to invest in new concepts that are really good. 
- Hive Engine tokens can be integrated with other chains and other exchanges as well. 

## Disadvantages

I do think that there are a few disadvantages as well which really need addressing. 

- Documentation should be improved. There is a documentation available for Hive Engine but it is not clean and structured. 
- The Hive Engine team focuses on bringing new features and innovations but they sometimes miss to improvise the existing features. 
- The tokens and NFTs created on Hive Engine are centralized and the minting is controlled by either an individual or a group of individuals. 
- Currently, there is no capability to write our own smart contracts on Hive Engine. 
- There are many aspects that are still highly decentralized. 

I'm not trying to write a review here about Hive Engine. I will definitely agree that Hive Engine is the best thing we got on Hive Ecosystem and it is definitely one of the best innovations that one can have on Hive but it will be great to see it grow furthermore in a decentralized way. 

---
<table>
<tr>
<td>
<center><a href="https://discord.gg/bGmS2tE"><img src="https://images.hive.blog/DQmdthy4q4vyefBYmjMJtx7qHBmLnCfP2btiRPhRyc2U8hP/Indiaunited.png"/></a></center>
</td>
<td>
<center><a href="https://kanibot.com/"><img src="https://images.hive.blog/DQmdm8hKPz9TZL8Gd8bPyeVHm9hfgMqqiHcKL8283RBv2eH/Kanibot.png"/></a></center>
</td>
<td>
<center><a href="https://netbox.global/r/balanbx"><img src="https://images.hive.blog/DQma1a9t6rceDQYvMt6FhNkHuUUjAkQssZHrLJcXKfiQBFd/NetboxGlobal.png"/></a></center>
</td>
<tr>
<td>
<center><a href="https://r.honeygain.me/BALA4F8CD5"><img src="https://images.hive.blog/DQmdCZg8z6sxVukSdPm2kXRAhhnySqPZqK9YQ5hco65sp4n/Honeygain.png"/></a></center>
</td>
<td>
<center><a href="https://www.privex.io/?r=bala41288"><img src="https://images.hive.blog/DQmPB85eAMrQNGV7C4ykbfVTDNaiGmb8PfuiFr2AL8N8JQm/Privex.png"/></a></center>
</td>
<td>
<center><a href="https://www.publish0x.com/?a=YRdG6knybD"><img src="https://images.hive.blog/DQmcb3f3oJvjyxyScbim4gKPAnrHTyXjYtwk7HeC9aTN9Pn/Publish0x.png"/></a></center>
</td>
</tr>
</tr>
</table>

---

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@bala41288/some-facts-on-creating-our-own-token-on-hive-engine)
๐Ÿ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 170 others
properties (23)
authorbala41288
permlinksome-facts-on-creating-our-own-token-on-hive-engine
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["engine","hive-engine","ctp","palnet","proofofbrain","cent","archon","neoxian","decentralization","tokens","leo","investment","leofinance"],"canonical_url":"https://leofinance.io/@bala41288/some-facts-on-creating-our-own-token-on-hive-engine","links":["https://discord.gg/bGmS2tE","https://kanibot.com/","https://netbox.global/r/balanbx","https://r.honeygain.me/BALA4F8CD5","https://www.privex.io/?r=bala41288","https://www.publish0x.com/?a=YRdG6knybD"],"image":["https://images.hive.blog/DQmZuEPrvt9Ln6F5jj5xbkmsatffpt7ruC8jLBpq1KUp1eH/he.PNG","https://images.hive.blog/DQmdthy4q4vyefBYmjMJtx7qHBmLnCfP2btiRPhRyc2U8hP/Indiaunited.png","https://images.hive.blog/DQmdm8hKPz9TZL8Gd8bPyeVHm9hfgMqqiHcKL8283RBv2eH/Kanibot.png","https://images.hive.blog/DQma1a9t6rceDQYvMt6FhNkHuUUjAkQssZHrLJcXKfiQBFd/NetboxGlobal.png","https://images.hive.blog/DQmdCZg8z6sxVukSdPm2kXRAhhnySqPZqK9YQ5hco65sp4n/Honeygain.png","https://images.hive.blog/DQmPB85eAMrQNGV7C4ykbfVTDNaiGmb8PfuiFr2AL8N8JQm/Privex.png","https://images.hive.blog/DQmcb3f3oJvjyxyScbim4gKPAnrHTyXjYtwk7HeC9aTN9Pn/Publish0x.png"]}
created2021-12-10 18:15:42
last_update2021-12-10 18:15:42
depth0
children20
last_payout2021-12-17 18:15:42
cashout_time1969-12-31 23:59:59
total_payout_value31.746 HBD
curator_payout_value31.597 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length5,150
author_reputation1,535,019,388,344,618
root_title"Some facts on Creating our own token on Hive Engine"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id108,440,933
net_rshares33,909,955,733,788
author_curate_reward""
vote details (234)
@behiver ·
$0.15
Can you detail a little bit more the tokenomics of setting the pool rewards or simply how your tokens are used? Are they all minted at once or if you have a blog for it, how is that allocated?

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@behiver/re-bala41288-6y5wyu)
๐Ÿ‘  
properties (23)
authorbehiver
permlinkre-bala41288-6y5wyu
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@behiver/re-bala41288-6y5wyu"}
created2021-12-10 22:48:15
last_update2021-12-10 22:48:15
depth1
children1
last_payout2021-12-17 22:48:15
cashout_time1969-12-31 23:59:59
total_payout_value0.074 HBD
curator_payout_value0.075 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length287
author_reputation570,656,489,033,584
root_title"Some facts on Creating our own token on Hive Engine"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id108,446,423
net_rshares80,092,380,765
author_curate_reward""
vote details (1)
@bala41288 ·
I'll try to write a post on the same. Usually when someone is creating a token, they define the tokenomics on how they are going to define the supply. If the token is for Tribe, there is a setting available that defines the tokenomics. The owner usually has a button to mind how much ever token they want. Some projects mint the tokens when they create it and supply them one by one and some projects let the smart contract mint the tokens whenever it is required. 
properties (22)
authorbala41288
permlinkre-behiver-20211216t101320634z
categoryhive-167922
json_metadata{"tags":["hive-167922","leofinance"],"app":"ecency/3.0.23-mobile","format":"markdown+html"}
created2021-12-16 04:43:21
last_update2021-12-16 04:43:21
depth2
children0
last_payout2021-12-23 04:43:21
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length465
author_reputation1,535,019,388,344,618
root_title"Some facts on Creating our own token on Hive Engine"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id108,595,878
net_rshares0
@igormuba ·
$0.15
โ€œDocumentation should be improvedโ€ is a bit of an understatement.

I am building an app for Punks on Hive to both boost the Punks market performance and to learn about Hive-Engine. My end goal is to both have an useful app and to have learned enough about Hive-Engine so that I can start teaching.

We need brains and the documentation and tutorials suck, I want to improve but I still donโ€™t have enough time and knowledge so it has been slow. I am trying to take matters in my own hands because if we can bring/transform new devs into hive-engine devs we can succeed, but it has not been easy at all. I am learning, slowly, things are starting to make sense, but it is very unintuitive IMO.

The main devs should seriously add to their roadmap to develop comprehensive and extensive tutorials ASAP.
๐Ÿ‘  
properties (23)
authorigormuba
permlinkre-bala41288-20211210t15384696z
categoryhive-167922
json_metadata{"tags":["hive-167922","engine","hive-engine","ctp","palnet","proofofbrain","cent","archon","neoxian","decentralization","tokens","leo","investment","leofinance"],"app":"ecency/3.0.23-mobile","format":"markdown+html"}
created2021-12-10 18:38:45
last_update2021-12-10 18:38:45
depth1
children1
last_payout2021-12-17 18:38:45
cashout_time1969-12-31 23:59:59
total_payout_value0.074 HBD
curator_payout_value0.073 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length799
author_reputation129,826,667,899,336
root_title"Some facts on Creating our own token on Hive Engine"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id108,441,355
net_rshares79,142,930,505
author_curate_reward""
vote details (1)
@bala41288 ·
Yeah I have expressed the same thoughts on documentation. It was very hard for me to get started. I really struggled to understand how to build things on top of Hive and Hive Engine. Thanks to people who were helpful. 
properties (22)
authorbala41288
permlinkre-igormuba-20211215t112912741z
categoryhive-167922
json_metadata{"tags":["hive-167922","engine","hive-engine","ctp","palnet","proofofbrain","cent","archon","neoxian","decentralization","tokens","leo","investment","leofinance"],"app":"ecency/3.0.23-mobile","format":"markdown+html"}
created2021-12-15 05:59:15
last_update2021-12-15 05:59:15
depth2
children0
last_payout2021-12-22 05:59:15
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length218
author_reputation1,535,019,388,344,618
root_title"Some facts on Creating our own token on Hive Engine"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id108,566,367
net_rshares0
@india-leo ·
Indiaunited Curation 1639160318105
This post has been manually curated by @bhattg from Indiaunited community. Join us on our [Discord Server](https://discord.gg/bGmS2tE). 

Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators. 

<sub>**Please contribute to the community by upvoting this comment and posts made by @indiaunited.**</sub>
properties (22)
authorindia-leo
permlinkindiaunited-1639160318105
categoryhive-167922
json_metadata{"app":"hiveblog/0.1","tags":["engine","hive-engine","ctp","palnet","proofofbrain","cent","archon","neoxian","decentralization","tokens","leo","investment","leofinance"]}
created2021-12-10 18:18:36
last_update2021-12-10 18:18:36
depth1
children0
last_payout2021-12-17 18:18:36
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length405
author_reputation7,733,819,596,199
root_title"Some facts on Creating our own token on Hive Engine"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id108,440,983
net_rshares0
@irivers ·
$0.46
Making the token "stakeable" costs 1000 BEE. I am not sure what one needs to do to set up Scotbot.

I haven't found the full documentation on what needs to be done to set up a tribe. Although I am not interested in creating a tribe, I would love the read the documentation so that I would understand the configuration options.

BTW: What token did you create?

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@irivers/re-bala41288-ddq3c)
๐Ÿ‘  ,
properties (23)
authoririvers
permlinkre-bala41288-ddq3c
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@irivers/re-bala41288-ddq3c"}
created2021-12-10 18:53:57
last_update2021-12-10 18:53:57
depth1
children1
last_payout2021-12-17 18:53:57
cashout_time1969-12-31 23:59:59
total_payout_value0.230 HBD
curator_payout_value0.228 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length453
author_reputation2,886,326,373,355
root_title"Some facts on Creating our own token on Hive Engine"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id108,441,622
net_rshares245,786,685,718
author_curate_reward""
vote details (2)
@bala41288 ·
I've not created any token by myself but I'm involved in a few projects that has its own tokens. Yeah we purchase things on Hive Engine with BEE tokens. That's how Bee token gets its utility. 
properties (22)
authorbala41288
permlinkre-irivers-20211215t1131207z
categoryhive-167922
json_metadata{"tags":["hive-167922","leofinance"],"app":"ecency/3.0.23-mobile","format":"markdown+html"}
created2021-12-15 06:01:21
last_update2021-12-15 06:01:21
depth2
children0
last_payout2021-12-22 06:01:21
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length192
author_reputation1,535,019,388,344,618
root_title"Some facts on Creating our own token on Hive Engine"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id108,566,407
net_rshares0
@jfang003 ·
$0.19
Just wondering I hear that the hive engine nodes have issues and that the main node is backed up. Is there only 1 main node there as I thought there would be back up nodes to make sure everything is running even if one or two go down.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@jfang003/re-bala41288-4neny9)
๐Ÿ‘  
properties (23)
authorjfang003
permlinkre-bala41288-4neny9
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@jfang003/re-bala41288-4neny9"}
created2021-12-10 20:40:27
last_update2021-12-10 20:40:27
depth1
children3
last_payout2021-12-17 20:40:27
cashout_time1969-12-31 23:59:59
total_payout_value0.096 HBD
curator_payout_value0.096 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length330
author_reputation643,987,690,182,916
root_title"Some facts on Creating our own token on Hive Engine"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id108,443,714
net_rshares103,038,591,967
author_curate_reward""
vote details (1)
@bala41288 ·
There are several nodes now. The main node is the one that is being operated by the Hive Engine team itself. Even if the main node goes down, the other nodes will still be able to keep up as long as we are not forked/diverged. Additionally many applications go down because they all have the main node as their endpoint. 
๐Ÿ‘  
properties (23)
authorbala41288
permlinkre-jfang003-20211211t13110645z
categoryhive-167922
json_metadata{"tags":["hive-167922","leofinance"],"app":"ecency/3.0.20-vision","format":"markdown+html"}
created2021-12-11 07:31:09
last_update2021-12-11 07:31:09
depth2
children2
last_payout2021-12-18 07:31:09
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length321
author_reputation1,535,019,388,344,618
root_title"Some facts on Creating our own token on Hive Engine"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id108,455,799
net_rshares5,937,761,462
author_curate_reward""
vote details (1)
@jfang003 ·
Ah ok. I was wondering why there were so many issues so it is more or less dependent on the applications to change nodes.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@jfang003/re-bala41288-6iv1rn)
properties (22)
authorjfang003
permlinkre-bala41288-6iv1rn
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@jfang003/re-bala41288-6iv1rn"}
created2021-12-11 23:24:45
last_update2021-12-11 23:24:45
depth3
children1
last_payout2021-12-18 23:24:45
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length217
author_reputation643,987,690,182,916
root_title"Some facts on Creating our own token on Hive Engine"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id108,473,581
net_rshares0
@mgibson ·
$1.52
I have two questions. First question is regarding pre-minted token that I have read it in several articles and second is about side chain.

What is pre-minted token?
What is side chain?

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@mgibson/re-bala41288-6cpwbf)
๐Ÿ‘  
properties (23)
authormgibson
permlinkre-bala41288-6cpwbf
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["engine","leofinance","hive-167922"],"canonical_url":"https://leofinance.io/@mgibson/re-bala41288-6cpwbf"}
created2021-12-10 18:31:33
last_update2021-12-10 18:31:33
depth1
children1
last_payout2021-12-17 18:31:33
cashout_time1969-12-31 23:59:59
total_payout_value0.758 HBD
curator_payout_value0.757 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length280
author_reputation59,169,525,865,768
root_title"Some facts on Creating our own token on Hive Engine"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id108,441,230
net_rshares810,131,657,115
author_curate_reward""
vote details (1)
@bala41288 ·
Oh my bad, I gave a 100% vote by mistake. Good for you. :)

Yeah coming to your question. Pre-minted tokens are something that the project owners or the token creators mint when they create the token. Initially, when they create a supply and a tokenomics, they allocate a good amount of tokens for themselves. Those are called pre-minted tokens. 

A sidechain is something that runs alongside the main chain. For example, Hive is the main chain here and Hive Engine is the sidechain. All the transactions are broadcasted to Hive and based on those transactions, the side chain is created or the blocks are produced. There is a data structure defined for the side chain and the data is broadcasted to the main chain and from there the sidechain is built. Hive engine is the best example for that and there are also many other blockchains having this same concept of sidechains. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@bala41288/re-mgibson-2r9txr)
properties (22)
authorbala41288
permlinkre-mgibson-2r9txr
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@bala41288/re-mgibson-2r9txr"}
created2021-12-11 07:26:54
last_update2021-12-11 07:26:54
depth2
children0
last_payout2021-12-18 07:26:54
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length972
author_reputation1,535,019,388,344,618
root_title"Some facts on Creating our own token on Hive Engine"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id108,455,750
net_rshares0
@pixresteemer ·
<center>![pixresteemer_incognito_angel_mini.png](https://files.peakd.com/file/peakd-hive/pixresteemer/8h7BBw1w-pixresteemer_incognito_angel_mini.png)</center><center>Bang, I did it again... I just rehived your post!</center><center>Week 84 of my [contest](/hive-179017/@pixresteemer/the-re-hive-contest-results-week-83-and-start-week-84) just started...you can now check the winners of the previous week!</center><center><sub>4</sub></center>
properties (22)
authorpixresteemer
permlink20211210t182718888z
categoryhive-167922
json_metadata{"tags":["archon","pixresteemer"],"app":"pixresteemer"}
created2021-12-10 18:27:18
last_update2021-12-10 18:27:18
depth1
children0
last_payout2021-12-17 18:27:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length442
author_reputation121,314,585,119,707
root_title"Some facts on Creating our own token on Hive Engine"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id108,441,147
net_rshares0
@poshtoken · (edited)
https://twitter.com/bala41288/status/1469372365993701383
https://twitter.com/daomoirai/status/1469445581676466185
<sub> The rewards earned on this comment will go directly to the person sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.</sub>
properties (22)
authorposhtoken
permlinkre-bala41288-some-facts-on-creating-our-own-token-on-hive-engin20933
categoryhive-167922
json_metadata"{"app":"Poshtoken 0.0.1"}"
created2021-12-10 18:26:15
last_update2021-12-10 23:15:18
depth1
children0
last_payout2021-12-17 18:26:15
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length301
author_reputation5,567,184,791,345,578
root_title"Some facts on Creating our own token on Hive Engine"
beneficiaries
0.
accountreward.app
weight10,000
max_accepted_payout1,000,000.000 HBD
percent_hbd0
post_id108,441,126
net_rshares0
@quinnertronics ·
$0.19
do you know if once one makes a token, if you can choose tags that will pay out that token or do you nees to start a whole tribe for that kimd of thing?
๐Ÿ‘  
properties (23)
authorquinnertronics
permlinkre-bala41288-20211210t141454979z
categoryhive-167922
json_metadata{"tags":["engine","hive-engine","ctp","palnet","proofofbrain","cent","archon","neoxian","decentralization","tokens","leo","investment","leofinance"],"app":"ecency/3.0.20-vision","format":"markdown+html"}
created2021-12-10 19:14:54
last_update2021-12-10 19:14:54
depth1
children1
last_payout2021-12-17 19:14:54
cashout_time1969-12-31 23:59:59
total_payout_value0.095 HBD
curator_payout_value0.096 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length152
author_reputation65,717,035,315,065
root_title"Some facts on Creating our own token on Hive Engine"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id108,442,067
net_rshares102,568,820,626
author_curate_reward""
vote details (1)
@bala41288 ·
$0.14
Usually creating a token alone won't be enough, you have to create a tribe and select the tags and have a scot bot enabled. Then only your tags on posts will start rewarding the authors. 

You have multiple ways here to monetize your token. The tribe is nothing but a tokenomics for the token you created. It is not necessary that you have to use the on-chain tokenomics, you can also have your own way to reward people by writing your own logic. 
๐Ÿ‘  ,
properties (23)
authorbala41288
permlinkre-quinnertronics-20211211t13448452z
categoryhive-167922
json_metadata{"tags":["engine","hive-engine","ctp","palnet","proofofbrain","cent","archon","neoxian","decentralization","tokens","leo","investment","leofinance"],"app":"ecency/3.0.20-vision","format":"markdown+html"}
created2021-12-11 07:34:51
last_update2021-12-11 07:34:51
depth2
children0
last_payout2021-12-18 07:34:51
cashout_time1969-12-31 23:59:59
total_payout_value0.073 HBD
curator_payout_value0.071 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length447
author_reputation1,535,019,388,344,618
root_title"Some facts on Creating our own token on Hive Engine"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id108,455,842
net_rshares78,283,926,280
author_curate_reward""
vote details (2)
@tomlee ·
$0.18
It's quite interesting to know this. I sometimes thought it was a difficult and tasking thing to create a token.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@tomlee/re-bala41288-2tf3ws)
๐Ÿ‘  
properties (23)
authortomlee
permlinkre-bala41288-2tf3ws
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@tomlee/re-bala41288-2tf3ws"}
created2021-12-10 19:43:21
last_update2021-12-10 19:43:21
depth1
children1
last_payout2021-12-17 19:43:21
cashout_time1969-12-31 23:59:59
total_payout_value0.089 HBD
curator_payout_value0.089 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length206
author_reputation129,878,046,954,800
root_title"Some facts on Creating our own token on Hive Engine"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id108,442,554
net_rshares95,676,015,808
author_curate_reward""
vote details (1)
@bala41288 ·
Yes, indeed it is interesting. Though the steps are pretty straightforward on the website, it is up to an individual to make his project a success. 
properties (22)
authorbala41288
permlinkre-tomlee-20211211t13211581z
categoryhive-167922
json_metadata{"tags":["hive-167922","leofinance"],"app":"ecency/3.0.20-vision","format":"markdown+html"}
created2021-12-11 07:32:12
last_update2021-12-11 07:32:12
depth2
children0
last_payout2021-12-18 07:32:12
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length148
author_reputation1,535,019,388,344,618
root_title"Some facts on Creating our own token on Hive Engine"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id108,455,812
net_rshares0
@zans ·
Really interesting article. Is there any tutorial for creating own token or application on hive? Only a few references was found on the internet
properties (22)
authorzans
permlinkre-bala41288-r4cpxo
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2021.09.1"}
created2021-12-19 07:24:57
last_update2021-12-19 07:24:57
depth1
children0
last_payout2021-12-26 07:24:57
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length144
author_reputation72,148,875,261
root_title"Some facts on Creating our own token on Hive Engine"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id108,673,796
net_rshares0