BUIP189: Token Minting Tool - Basic
submitted by Singularity
date 28 Dec 2022
One key innovation in Nexa is its native token functionality. GROUP tokens can be created and managed using a simple transaction format. Unfortunately, right now there are no tools to allow people to create tokens without developing an application from scratch.
If we want people to be aware of an take advantage of Nexa’s token functionality then it is important that people have access to simple tools to do so. I believe it is important that users and businesses get access to Nexa token functionality without needing to be a developer.
The purpose of this BUIP is to provide funding to design and develop a beautiful and simple token creation webapp service. This service will allow anyone to create a set of tokens on Nexa within just a couple of minutes and without any special knowledge. They will be able to then send these tokens to a wallet that also has token awareness, such as Wally wallet.
There will also be a second follow-up project and BUIP to expand the webapp. The full details of this follow-up project are outside the scope of this BUIP, but it will be to expand this webapp to offer a service to producing and managing sets of tokens for specific use-cases such as tickets, ICO tokens, voting tokens, reward tokens, financial tokens etc.
The aim is to have the project completed by the end of February 2023.
This BUIP requests $12,000 for the design and implementation of this webapp. The project will require design, front-end and back-end development, hosting, maintenance, and coordination with marketing. Up to $2,000 of the budget will be ring-fenced for 12 months of software maintenance. The elected BU officials: President, Secretary and Developer will jointly agree expenditures for this BUIP and will monitor progress through monthly reviews.
A competent developer or development team with the required experience will be sought externally my myself. The final decision on who is hired to complete this project will be jointly agreed by the elected BU officials: President, Secretary and Developer.
This project is not an open bounty, but proposals are welcome.
The person or team who is hired for this project will be expected to also provide at least 12 months of software maintenance, including bug fixes, and any updates needed to keep the software functional and secure. This is included in the budget.
Bitcoin Unlimited will be expected to maintain the hosting for any websites that are required for the project.
Any new software and design assets that result from this project will be owned by B.U. Org. All software will be open-sourced using the same license as our other work (MIT).
- Significantly more awareness of Nexa’s token capabilities.
- More activity and buzz within the Nexa community around tokens.
- New tokens launched by the Nexa community.
- New sub-communities built around new tokens.
- Increased interest around Nexa tokens from developers.