Define your token

Defining your token is a crucial step in tokenizing a real-world asset. This process involves setting specific attributes that will determine how your token functions and is traded. Follow this guide to properly define your token:

1. Essential Token Attributes

• Token Name: Choose a unique and descriptive name for your token. This name should be easily recognizable and related to your asset.

• Token Symbol: Create a short, memorable symbol (usually 3-5 letters) for your token. This will be used for quick reference in trading.

• Token Icon (optional): Upload a distinctive icon that visually represents your token. This helps in brand recognition.

• Token Price: Set the initial price for your token. This should reflect the value of the fractional asset it represents.

• Maximum Token Supply: Determine the total number of tokens that will be created. This is often based on the total value of the asset divided by the price per token.

2. Investment Parameters

• Maximum Token per User: Specify the maximum number of tokens a single investor can hold. This helps ensure wider distribution and prevent concentration of ownership.

• KYC Requirement: Decide whether investors need to complete a Know Your Customer (KYC) process before purchasing your tokens. This is often required for regulatory compliance.

• Investor Jurisdiction (optional): Define the geographical areas where your token can be sold. By default, all countries are included. The include/exclude functionality for investor jurisdiction allows you to define specific geographical areas where your token can be sold or restricted.

  • Include Functionality:

    • Allows you to specify countries or regions where your token can be sold.

    • This creates a "whitelist" of approved jurisdictions for potential investors.

    • Useful for targeting specific markets or complying with regulations in certain countries .

  • Exclude Functionality:

    • Enables you to list countries or regions where your token cannot be sold.

    • Creates a "blacklist" of restricted jurisdictions.

    • Helps in avoiding legal issues in countries with strict regulations on token sales.

3. Trading Rules

• Secondary Trading: Determine if your tokens can be traded on secondary markets after the initial offering. This affects the liquidity of your token.

• Minimum Hold-in Period (optional): Set a minimum time (in days) that investors must hold their tokens before selling or trading. This can help stabilize the token's value in its early stages.

Remember, these attributes will significantly impact how your token operates and is perceived by potential investors. Consider each carefully and consult with legal and financial advisors if necessary to ensure compliance with relevant regulations.