Issue a Meta ESDT (Collection)

One has to perform an issuance transaction in order to register a Meta-ESDT token. Meta-ESDT Tokens are issued via a request to the Metachain, which is a transaction submitted by the Account which will manage the tokens.

In practical applications, it's advisable to prioritize the use of smart contracts for fair issuance and distribution.

Name

Please provide the token name (3-20 characters, alphanumeric)

Ticker

Please provide the token ticker (3-10 characters, alphanumeric, uppercase)

Number of decimals

Please provide the number of decimals (for example native EGLD has 18).

Token properties

Every ESDT has a set of properties which control what operations are possible with it.

canAddSpecialRoles

The token manager can assign a specific role(s). Important for token management.

canUpgrade

The token manager may change these properties. Without it you won't be able to change these properties in the future

canFreeze

The token manager may freeze the token balance in a specific account, preventing transfers to and from that account

canWipe

The token manager may wipe out the tokens held by a frozen account, reducing the supply

canPause

The token manager may prevent all transactions of the token, apart from minting and burning

canChangeOwner

Token management can be transferred to a different account

canTransferNFTCreateRole

The token manager can transfer NFT/SFT/Meta creation role

To issue a Meta-ESDT token on MultiversX, a user must execute an issuance transaction, initiating a request to the Metachain. This process involves a specific transaction that must be submitted by the account that will oversee and manage the token's operations. The Metachain, a critical component of the MultiversX ecosystem, plays a central role in facilitating these transactions, ensuring that the issuance of Meta-ESDT tokens is conducted securely and efficiently. This is crucial for maintaining the integrity and functionality of the token within the broader blockchain network.

Understanding the dynamics of Meta-ESDT tokens in the MultiversX platform is essential for participants looking to leverage blockchain technology for creating and managing digital assets. Each Meta-ESDT token has unique properties and utilities, making them versatile tools for various applications in digital finance and beyond. By enabling the registration of these tokens through a secure and robust system, MultiversX enhances the adaptability and potential of blockchain technology, empowering users with more control over their digital transactions and asset management.