A potentially rash purchase but a warm fuzzy feeling at the same time. Can you guess the name of my token before scrolling down?
So I'd seen the announcement post by @aggroed and noticed that Keychain was required. As I'd not installed this browser extension yet, I thought I'd kill two birds with one stone and find out more about both, by doing stuff.
The first thing I noticed and like is that both Steem Keychain (introductory post) and the www.steem-engine.com site are fairly straight-forward to navigate, with big icons and large font. This stuff is all new to me and the simple layouts is definitely more approachable than a bunch of menus with techie stuff going on.
Blue is nice :)
It was quite simple to create a login password for Keychain (available from Chrome store), and then add my private posting, and private active keys in for wallet transactions, and I like that I now have a '1 click' option to view my Voting Power and Resource Credits (to remind me to go claim an account).
Token time!
At present, there are around 30 tokens listed, and it looks to me like a little bit of 'parking' and name grabbing has been going on. Mr Roeland P the issuer of symbol 'BTC', token name 'Bitcoin' :) Exyle has gone for the selfie approach and created 'Exyle' token, and there are also tokens for STEEM and SBD.
See what I mean about the simple looking layout, I am a fan. Hopefully this will roll onto the Market for exchanging tokens when it arrives 'soon'. You could have used 'shortly' there guys :)
Although the layout is simple, I still contacted the team to ask on the best approach for 'Decimal Precision' and 'Max Supply'. I went for 3 (same as STEEM), and 1 million, because, why not?!
Oh yeah, the creation of a token will cost 100 STEEM - it is currently 100 ENG, and 1 ENG is 1 STEEM. I am told that this will most likely change in the future.
On clicking submit, there are some contact details to fill out, including a website address. I don't have a site and so used my steemit.com profile address - this can be changed later.
My Token
Was in the list above, but for those that missed it:
I had to :)
Before seeing the list of tokens, I had 'ENG' in mind as the token symbol for the Engagement Token. It made me laugh when I saw that this is the symbol for Steem Engine Token - dammit!
I have issued 0 ENGAGE tokens at present and read that it is possible to issue the whole lot at once (1 million in my case), or issue them in batches. I'm not sure if it matters, or what the reasons would be to choose each option - maybe you can help in the comments?
I'm under no illusion that there is a good chance that my ENGAGE tokens will never be worth anything, but I have this dream that the most engaged people on our network should be rewarded with such a token - perhaps only as some sort of badge of honour for now.
Well that was fun, cheers Aggy and Matt!
Asher