Attention please:
These tokens can only be exchanged on the Stellar network,
specifically for the network's native digital assets, there are
numerous digital assets or tokens on the Stellar network ("https://stellar.expert"),
some of which may have high or even zero value.
Create digital assets or tokens
Creating
a crypto or token on the Stellar network involves
several steps that leverage Stellar's built-in token issuance
capabilities, making it easy to create, distribute, and manage digital
assets. The Stellar system is designed for fast and low-cost
transactions, making it an ideal platform for issuing tokens that can
represent digital assets or loyalty points. Creating a token on the
Stellar network requires two Stellar accounts, one for the issuer and
one for the distributor, with a balance of 2 XLM for the author address
and 3 XLM for the distributor address. You can create an account using
the Stellar Laboratory at https://lab.stellar.org. To create a trial
token, load an account through the Stellar testnet using Friendbot for
testing. For real-world transactions, use the mainnet, provided that
the address x1m has a balance of x1m for transaction fees. The
following video explains how to create a digital asset, crypto,
or token, along with several other transaction types, to provide
information on creating tokens on the Stellar network and several other
transactions. Once the token is created, you can also distribute the
token to your own account or someone else's account by sending a
payment operation that includes the asset code. To control supply, you
can issue more tokens by sending more payments from your issuing
account. Furthermore, ensure your issuing account uses robust security
practices and secure private key storage. If your token will be used in
the real world, it must comply with securities laws.
Creating tokens on Stellar is a streamlined process thanks to its
built-in asset publishing system. This process includes creating an
issuing account, creating assets, establishing a trust line with users,
and distributing tokens through payments. With Stellar's high
transaction speeds and low fees, your tokens can be effectively used in
a variety of applications, from crypto digital assets to loyalty
points,
gaming assets, or community tokens.
Proper governance and security practices will ensure your Stellar-based
token operates smoothly and securely within your ecosystem.
Create Stellar TOML file
A
Stellar TOML (Tom's Obvious, Minimal Language) file is a
configuration file used in the Stellar ecosystem, primarily to define
and
manage the properties and metadata of a Stellar account, federation
server, or
other Stellar-related services. It provides a standardized way to
specify
important information such as account details, federation endpoints,
network
passphrases, and other configuration parameters in a human-readable,
easy-to-parse format. The Stellar TOML file is typically hosted at a
well-known
URL, such as `https://<domain>/.well-known/stellar.toml`,
making it
accessible to clients and applications that need to discover and
interact with
Stellar services associated with that domain. This approach helps
improve
interoperability and security within the Stellar network by enabling
automated
discovery of service endpoints, verifying account information, and
establishing
trust relationships. For example, a Stellar TOML file might include
information
like the Stellar account's public key, federation server URL, web
authentication URLs, supported digital assets or tokens, and other
relevant metadata.
It also
often contains optional fields such as documentation URLs, contact
information,
and branding details, which help users and applications better
understand the
services associated with the domain. In practice, the Stellar TOML file
contributes
to the ecosystem by simplifying configuration management, enabling
seamless
integrations, and fostering trust through transparent service
discovery. Its
format, based on TOML syntax, ensures clarity and ease of editing,
making it
accessible for developers and administrators. As the Stellar network
continues
to grow, the importance of well-structured, accurate TOML files
increases,
supporting robust, secure, and user-friendly applications. Overall, the
Stellar
TOML file is an essential component for anyone participating in or
developing
within the Stellar ecosystem, ensuring smooth interoperability,
security, and
discoverability of Stellar services.