Create your own token

Any account can create a token for its game:

{ "type": "create_token",
  "symbol": "COINS", "name": "Game Coins", "decimals": 2,
  "max_supply": "100000000", "faucet_amount": "50000", "faucet_cooldown": 600 }

Rules:

• symbol: 3 to 10 characters of A-Z and 0-9, starting with a letter, and not already taken.
• decimals: 0 to 18.
• max_supply, faucet_amount, faucet_cooldown are optional. The cooldown defaults to 1800 blocks.
• The creation fee is 100 GOLD, burned (CREATE_TOKEN_FEE = 10000 base units). You need the GOLD first.
• The creator becomes the token's issuer.

Mint and burn

• mint {token, to, amount}: only the issuer, and never past max_supply.
• burn {token, amount}: any holder can destroy their own tokens.

Design advice

A capped supply (max_supply) makes a scarce token; a faucet makes an abundant one. A game can also create tokens from inside its module (ctx.create_token, ctx.mint, ctx.burn) when it should control issuance.