Ideas and concepts

A creator makes a token, fans get it, and the creator gives holders perks or sends them XFER. The name comes from your X handle, so fans can see the token is really yours.

How sending rewards to holders works

See who holds it

Open the token on the explorer Assets page. It lists every holder address and amount. A Launch listing shows the holder count.

Web wallet

No pay-all button. Send XFER or tokens to each holder from Send, one address or @handle at a time.

Heavy desktop app

Rewards → Asset dividends. Schedule a snapshot at a future block. Once the chain is 60 blocks past it, pay a total amount of XFER, split among holders in proportion to what they held at the snapshot. You can leave out addresses, such as your own.

Node commands

The same thing by RPC: requestsnapshot, then distributereward. getdistributestatus shows progress. These need assetindex=1, which the packaged xcoin.conf turns on. A data folder that ran without it needs a one-time reindex.

Limits

Dividends work for a root or sub-asset, not a unique NFT. To pay in a token instead of XFER, your wallet must hold that token's admin (!) token.

YouTube, X, Twitch and Kick each have their own terms. They may limit tokens, giveaways or paid perks tied to their platform, so check them first.

Instead of a donation page, a project makes a token and lists it on Launch. Supporters buy the token to show they back the project. The lister gets the creator fee on every trade. The XFER paid into the curve stays in the listing to pay for future sells; it does not go to the lister.

1. Make NAME/PROJECT with a description file that says exactly what the token is and is not.
2. List it on Launch and share the link with your community.
3. Post updates on X and in the description file so holders know what is happening.
4. Or skip Launch: supporters send XFER to your address and you send tokens back by @handle as a thank-you record.

Watch out: Say plainly what a holder gets, which may be nothing but the token. Do not promise that the token will gain value or pay anything back. Selling tokens to raise money can be regulated like selling shares in many places.

A company, co-op or club issues a token as a record of who holds membership units. Moving the token records a transfer on a public ledger.

1. Write the real agreement first, on paper, with a professional. The token only mirrors it.
2. Issue a fixed-supply token, units 0, one per membership unit.
3. Send tokens only to people the agreement allows. Keep your own register as well.

Watch out: Company shares are heavily regulated almost everywhere. A token does not replace share certificates, a shareholder register, or company law. Anyone can send a token on; your agreement decides whether that transfer counts.

A café or shop gives points as a token. Customers redeem them for a coffee or a discount.

1. Issue NAME/POINTS, units 0, reissuable, from the desktop app.
2. Send points to customers by @handle after a purchase.
3. Take points back as payment for a reward.

Watch out: Decide what happens to points if the shop closes. Say it in the description file.

Each ticket is a token or an NFT. The holder shows the token at the door.

1. Issue NAME/EVENT with the exact number of seats, units 0, not reissuable. Or one NFT per seat, NAME#SEAT_A1.
2. Send tickets to buyers by @handle.
3. At the door, ask the holder to send the ticket back to you, then check the explorer.

Watch out: Refunds, resale rules and consumer law still apply the same as paper tickets.

Each piece is an NFT with its picture on IPFS. Sell it on Launch or send it directly.

1. Create NAME#PIECE for each work, with the image and a short story in the file.
2. List it, or send it to a buyer by @handle.

Watch out: Owning the NFT is not the same as owning the copyright. Say which rights, if any, come with it.

A token stands for a physical item: equipment, a vehicle, a piece of property, or a batch of goods. The description file holds photos, serial numbers and documents.

1. Create one NFT per item, NAME#ITEM, with the details in the file.
2. Hand the token over together with the item, so the record follows it.

Watch out: The token is a record, not a legal title. Property and vehicle ownership are set by local law and registries, which a token does not change.

A creator issues a token fans can collect and send each other. It can unlock perks the creator chooses to offer.

1. Issue NAME/FANS and describe any perks in the file.
2. Send some to early supporters, or list it on Launch.

Watch out: Keep perks realistic. Do not describe the token as a way to make money.

Tokens are public and permanent. Write the description file as if a stranger, a regulator and a judge will all read it. Learn the basics in Assets 101 and How Launch works.