How To Create Your Own Tokens
There is a simple option that, interestingly, only takes 1–2 minutes for people who have little money or technical know-how but still want to complete their token generation process. Simply register for a Solcial account, add an email, and create a wallet to complete the process, and you’ll be in complete control of your token.
Typically, the first thought that comes to mind when someone mentions making a token is that you will undoubtedly need to learn how to code. This is due to the fact that you’ll have to create your own smart contracts and then finish a few other technical steps. Well, that’s accurate. But there are other ways to make a token as well.
What Can You Do With Your Unique Token??
Your Unique token created on Solcial will have several utilities such as;
- For everyone who possesses your particular token, it is comparable to owning stock in a company. The only distinction is that, on Solcial, you are the company because you create the content.
- Users will only have access to your private contents if they hold a certain amount of your token. On Solcial, you can essentially monetize any skill.
- Other exchanges might also list your tokens because they were created on a public blockchain and the address is open to everyone.
- You hold the majority of the supply of your unique token, which has a price and a market cap. As a result, when people are interested in your contents, they purchase your token, which raises the price of your token. Really cool, huh?
Role Of The Solcial Native Token — SLCL
Solcial Platform’s s native utility token SLCL plays an important role, and can be used for 3 reasons;
- As a governance token, to vote on the DAO for future decisions about the platform.
- To have a discount on trading fees.
- Users will need SLCL to buy the token of anyone on the Solcial platform.
Who Will Buy Your Tokens??
Now I’m sure you’ll probably be asking the question of who gets to buy your token?… well, that question can only be answered by you.
On Solcial you are the business, and you get to decide how you want to market yourself. You can either choose to build an audience and sell your tokens to your fans or subscribers who want access to your exclusive contents Or better still, you can choose to sell to your friends. The choice is yours to make as long as you benefit from the both parties and equally have a way of rewarding your investors.
Solcial is on a mission to change the current social media narrative!! Get ready, this is the Web3 future we have all been waiting for.
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