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Issue tokens on theworldexchange applications?


ALdoNYC

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I would like to know what exactly i can do with Tokens Issue in the XRP ledger. and what can i do with them? is there any customization? can i Put it in an exchange? can i put a logo? ETC. There is almost not info anywhere.

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Once they're created there's not a huge amount you can do with them on the XRP Ledger. You can move them around and trade them, freeze them... People using them need to be able to work with trustlines. If you want them to become valuable then you need to work out some real-world use for them that makes them valuable to people, but that will be based off-ledger, most likely, just using the tokens as a representation of value, that can be moved quickly due to XRPL's speed. One use is representing real-world currencies or assets, but to do that you need to operate a gateway and make a business out of it.

You might be able to get the tokens onto an exchange if the exchange agrees, but I can only imagine that would be very difficult. But do you know that there's a built in exchange on the XRP ledger? So you can trade them for XRP and other IOUs immediately.

There's no centralised facility for creating logos, as far as I'm aware, so you'd be relying on other software products to display a logo for you, so you'd need to gain widespread recognition first. In terms of customisation, you can set the amount created, the amount of decimal places they can be divided into, also a fee that gets paid back to you every time they get traded. Maybe some other options, check the docs. 

There's loads of information here: https://xrpl.org/issued-currencies-overview.html. It doesn't need to be a representation of an actual currency, it can be any token you want.

Edited by at3n
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