(JaiChai) — Creating your own tokens is not new. This is what's really important…

JaiChai
2 min readMar 31, 2021

(JaiChai) — Creating your own tokens is not new. This is what’s really important…

Creating your own tokens is not new. In the early days of XRP, we played with making and exchanging our own tokens.

(^image by cointelegraph)

I created JCcoin and had fun trading it with other user coins for a while. But it was never taken seriously, just a game.

What is more significant is when other projects get aboard Cardano — arguably the most decentralized project in the Crypto Space.

New projects on Cardano WILL NOT be second class citizens like they would certainly be on Ethereum; paying transaction fees in ETH just like all the other ERC20 token projects.

They are supposed to have true sovereignty over their own governance and pay transactions with their own native coins.

Now that’s what I’m talking about!

In lak’ech, JaiChai.

(image by author)

This is YOUR TORUM INVITATION!]

By JaiChai

JaiChai 3–31–2021. Simultaneous multi-site submissions posted. All rights reserved.

Originally published at https://www.uptrennd.com.

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JaiChai

I'm retired (U.S. military) and living on an island paradise with my girlfriend, teenage daughter and two dogs.