The primary function of Assets is a tokenization which allows anyone to create tokens and send them to other people. Use them to represent coins backed by physical assets, service backed currency, or loyalty points. When you create assets, you can mint and allocate tokens of that asset to other aliases. 


Step 1: Begin Creation of the Asset


  • Click on the 'Assets' tab. 
  • Select 'New Asset' from the drop-down menu. This will take you to the following screen. 



Step 2: Determining the Type of Asset to Create


In Blockmarket Desktop there are two types of Asset. 


  • Atomic - Meaning an individual token is non-divisible. 
  • Non-Atomic - Meaning an individual token is divisible. 


The screen defaults to the creation of a non-atomic asset. If you would like to create an atomic asset skip to Step 4. 


Step 3: Creating a Non-Atomic Asset. 

  • Make sure the 'This Asset is Atomic' box is not checked.
  • Fill out the following
    • Symbol - The name of your asset. 
    • Description - The description of your asset. 
    • Owner Alias - The alias that will own the asset. 
    • Category - Select from the drop-down list provided. 
    • Precision - The definable decimal that your token can be divided into.  Maximum of 8 decimals
      • 1 - Each token divisible to 100,000,000,000,000th of a token. 
      • 2 - Each token divisible to 10,000,000,000,000th of a token. 
      • 3 - Each token divisible to 1,000,000,000,000th of a token. 
      • 4 - Each token divisible to 100,000,000,000th of a token. 
      • 5 - Each token divisible to 10,000,000,000th of a token. 
      • 6 - Each token divisible to 1,000,000,000th of a token. 
      • 7 - Each token divisible to 100,000,000th of a token. 
      • 8 - Each token divisible to 10,000,000th of a token. 
    • Maximum Supply of Asset - The total amount of tokens you wish to create. You can choose 'Unbounded Supply' if you do not wish to have a maximum amount. 
    • Initial Supply of Asset - The initial amount of tokens released. 
    • Interest Rate - Interest rate of your token. If you would like an adjustable interest rate select 'Interest Rate is Adjustable'. 
  • Click 'Create New Asset' at the bottom to create the asset. 


Step 4: Creating an Atomic Asset.


  • Click the 'This Asset is Atomic' button on the top of the page. 


.

  • Fill out the following
    • Symbol - The name of your asset. 
    • Description - The description of your asset. 
    • Owner Alias - The alias that will own the asset. 
    • Category - Select the category from the drop-down list. 
    • Maximum Supply of Asset - The total amount of tokens you wish to create. You can choose 'Unbounded Supply' if you do not wish to have a maximum amount. 
    • Initial Supply of Asset - the initial amount of tokens released. 
  • Click 'Create New Asset' at the bottom to create the asset. 


Step 5: Confirmation and Checking Your Balance


A confirmation will show up shortly after creation in the bottom right corner of the screen. Confirming that the asset was successfully created. 


Once you have received the confirmation, you can check the balance of your assets by clicking the 'Assets' tab, then clicking 'Assets' in the drop-down menu.