Token Creation Guide

This guide will show you just how easy it is to create a token on the Pyrk network.

Pyrk tokens are simple tokens which allow you to perform the following functions:
  • Create A New Token
  • Add Arbitrary Metadata to a Token
  • Send Tokens to Another Pyrk Address
  • Burn Tokens that you hold
  • Authorize other addresses to add meta data to your token
  • Pause & Resume All Operations
  • Assign Token to a New Ownership Address

  • Create A New Token



    Pyrk Tokens cost 5 PYRK to create. You will see an address on your Pyrk Tokens tab in the top left. Due to how the token system works, you should not change this once you have started using tokens. From your main wallet, ensure this address has Pyrk in it by sending yourself a transaction to this address.

    Step 1: Click on the Create Token button
    Step 2: Enter the Ticker Code you want to use. 3-5 Characters
    Step 3: Enter the Name of your Token
    Step 4: Enter the number of Tokens you would like to create. (Max 184000000000)
    Step 5: Enter the URL to your website or other address that can give some information about your token. This can be updated later.
    Step 6: Enter the URL to a PNG logo for your token. This can be updated later.
    Step 7: Click Create Token to send the request onto the Pyrk chain.

    Once the transaction has been confirmed on the network, you will see your new token in the list of tokens. It will have an asterisk (*) next to it to indicate that you are the owner.


    Add Arbitrary Metadata to a Token



    You can add an unlimited amount of immutable arbitrary metadata to your token which can be queried later using the wallet or from the Pyrk Token API. To access Token functions, click on the token name in your list of available tokens.

    Step 1: Click on the Token in your Token Listing.
    Step 2: From the Token Information Section, click on Add Meta.
    Step 3: Enter a Meta Code. This is a Hexidecimal code, it can be anything in the range of "1" all the way to "FFFFFFFF", which gives you 4.2 Billion different codes you can use. Code "1" is reserved for updating your "Document URI" and Code "2" is reserved for updating your Logo. Any other code is up to your to define the meaning.
    Step 4: Enter the Meta Data you would like to add. You can enter up to 130 bytes of data in this field.
    Step 5: Click on Post Meta to create the transaction and send it to the Pyrk Network. The metadata will be available for reading once the transaction is confirmed.


    Send Tokens to Another Pyrk Address



    Burn Tokens that you hold



    Authorize other addresses to add meta data to your token



    Pause & Resume All Operations



    Assign Token to a New Ownership Address