♎Creating Social Tokens

Social Tokens

Social tokens represent a transformative form of digital assets uniquely tied to online communities, content creators, influencers, or brands. Unlike traditional cryptocurrencies, social tokens derive their value from community engagement, support, and the influence of individuals or entities within a particular ecosystem.

By enabling direct interaction and value exchange within communities, social tokens revolutionize the relationship between creators and their audiences. They empower individuals, foster engagement, and redefine the dynamics of online communities, emphasizing collaboration, support, and collective growth.

Creating Social Tokens in Qoneqt:

1. Initiating Token Creation:

   • Vote Casting: Users begin by casting a vote to initiate the social token creation process.

   

   • Create Token Option: Once the vote is cast, users can proceed to the "Create Token" section.

   
2. Wallet Connection and Payment:

• Connect Your Wallet: Users are prompted to connect their wallets to facilitate the social token creation process.

• Payment Screen: A payment screen displays essential information:

  • Wallet address

  • Current chain (Ethereum Mainnet, Polygon, Binance)

  • Token creation fees

  • Current balance

  • Option to change the network among available choices

1. Payment Execution:

• Paying for Token Creation: Upon clicking "Pay," a new screen emerges, divided into three sections:

• Create Tokens: Details include token name, supply, token symbol, and advanced features like source code verification, liquidity, and burnable options.

• Crypto Transaction: Displays the transaction hash for the payment made.

• Verify Tokens: Presents details of the deployed tokens, including contract address, contract verification status, and an option to add the token directly to Metamask from the UI