Japan-based crypto tech platform Bitcoin.com announced on Thursday the launch of Mint, a free token creation platform. According to Bitcoin.com, Mint was created to Mint to “drive blockchain adoption as it fuels the development of a vast new token ecosystem.”
“Mint supports a specific type of token called Simple Ledger Protocol (SLP), which exists on the Bitcoin Cash (BCH) blockchain. Through the Bitcoin.com SLP Dividend Calculator, token creators can also send BCH dividends or airdrops to any token holders, giving businesses the power to pay stakeholders without the need for any third parties. Additionally, the flexibility of Mint opens up a personal consumer market for peer-to-peer token use, which has the potential to transform the nature of decentralized marketplaces.”
Bitcoin.com also revealed that Mint came to be from the “brainchild” of Pitico, which is a team of developers who competed in a recent SLP hackathon. The team notably created a web app that lets users create their own tokens, an innovation which secured them third place in the competition. It was then acquired by Bitcoin.com and developed into Bitcoin.com Mint. Bitcoin.com CEO Stefan Rust further then added:
“We’ve not only seen astronomical growth in token transactions, but also something more unexpected. People started using tokens to tip each other, which led to them gaining real market value. They’re now traded on crypto exchanges. We’re betting big on tokens. One day, they could empower people in struggling economies to transact peer-to-peer through the creation of small, decentralized marketplaces amongst local groups of connected individuals.”
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