Comment by @talig • Hey
Thanks for sharing 🙏🏻 Would you care to elaborate about the use cases of having your own token? What do you do with it once you've created it Does it
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Mine is called $PURPOSE (or $PRPS) and I actually created an account for it here @lens/purposetoken You can actually name them anything you want (well, there may be character limits)but the platform is call @lens/p00ls and they have their own token $00 which you've probably seen around. Re: Use cases, I'm still building these out but so far I've mainly used them for incentives for post collects, but there are integrations where you can create collects that your audience can redeem with you tokens, and even also create a store where people can use your tokens to buy IRL items. As it's still relatively new, they are adding new features all the time and building out the features for token collectors. But one of the reasons for getting involved now is that the early creators always get more incentives, and while it's free to set up now, it won't always be. My main goal currently is to: - Raise awareness of my token - Get people familiar with the mechanics so they can earn more - Understand the platform better so I can build out a solid ecosystem for collectors in the future - Test out various ideas - Be early, as platforms always reward those that are early 😅 Hope this helps, any more questions let me know!