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💡 This is an informal agreement designed to set clear expectations on how Coinvise brings value to its creators and what the minting process looks like.
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Token Creation
Coinvise Team will create the token on Ethereum Main Network (L1) and allow an option to migrate a portion of the tokens to Polygon (L2). L1 is useful for higher value transactions, whereas L2 is best used for airdrops, rewards or other high volume transactions to optimize for gas costs. By default, the creator or the community will be the owner of the token contract.
Options on Creating a Token
Creators/communities can select from two options:
- [x] Fixed Supply (10,000,000 Tokens): Fixed amount of tokens that can be paused (token creator can make it non-transferrable or pause it), unpaused, or burned.
- [ ] Bonding Curve (Linear, Sigmoid): Token price increases as the total supply/distribution of the token does. This means that early adopters of the token can buy it for a much cheaper price.
For more information, we recommend going over token guidelines below for understanding use cases and tokeneconomics. 👇
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Services Provided by Coinvise
- Token Minting: Our team at Coinvise can create a wallet (multi sig for your team), and mint tokens based on the options provided above. (we'll need an address to store the tokens and an address for the owner)
- Rewards & Bounties: Create a token reward or bounties for to incentivize contribution from your community
- Airdrops: Tokens can be sent and received on Coinvise seamlessly in three different ways:
- Airdrop Link: Generate a unique link that you can share on Twitter, Discord, YouTube, Instagram or as a QR code to multiple people at once.
- Airdrop to an Email List: Upload a list of emails and airdrop tokens through email
- Airdrop to ethereum addresses: Send tokens to ethereum addresses in bulk
- Discord Bot: Integrate Coinvise Tipping, Token gated events/channels/roles and NFT minting on Discord.
- Buy/Sell NFTs: Create & Sell NFTs on Polygon Network or Ethereum
- Token Gated Links: Create token gated newsletters, events or any website
- Social Token Dashboard: Pause/unpause tokens, bridge, pool liquidity and payouts to contributors.
More info can be found below:
Coinvise Wiki