Token issuance

The process of token issuance can also be classified as the distribution of tokens or the process of putting them into circulation. There are two basic ways a user can issue tokens on the platform:

1. Issue coins manually (you manually issue (transfer) coins to the accounts of other users)

2. Create a crowdfunding campaign (you create your token sale, in which other users on the platform will have an opportunity to invest)

Note: at this stage, the token should already be created and pre-issued.

Manual issuance

This process implies that a user manually issues their tokens to the accounts of other users.

When does it make sense? It depends on the business logic. Sometimes you don’t need tokens for raising funds via token sales. Instead, you can create your token and use it for the reconciliation of payments for your business/company. In such case, you would ask your clients/employees to register on the platform, so that you could transfer your custom tokens to their accounts.

Step-by-step

Step 1. In the navigation bar, go to Create issuance Step 2. In the Asset box, select the asset you want to issue Step 3. In the Amount box, enter the amount of coins to issue Step 4. In the Email box, type the email of a receiver (the email under which the account was registered. Note: be sure that the account you want to transfer token to actually exists on the platform) Step 5. In the Reference box, type a description of the transfer Step 6. Click issue