Configure Attribute Token Mint (Step #6)¶
User is now able to Design their ‘Mint’ in the ‘Design Mint’ table. For a Smart (attribute) token. The user is able to configure the following actions listed below and the corresponding conditions that have been selected previously:
- MINT
- TRANSFER
- UPDATE
- BURN
- MIGRATE
Note:¶
- For a ‘Fact Token’ the user is able to configure the JSON Schema (or Profile) they would like to be represented by the Fact token.
- There are no conditions because this is essentially a ‘dumb token’ being utilized.
Edit Attribute Mint Name¶
Mint Action¶
The Mint action governs how and when new attribute tokens are created in your system. Configuring this action allows you to define who can mint the token and under what conditions, ensuring that only authorized users are able to issue new tokens.
Design Mint Drop Down Conditions:
Transfer Action¶
The Transfer action controls how attribute tokens can be moved between users. This is crucial for attributes that may need to change hands, such as transferable certifications or access levels.
Design Transfer Drop Down Conditions:
Update¶
The Update action allows you to define if and how an attribute token can be modified after it has been issued. This is important for tokens that represent dynamic attributes, such as user roles or membership levels, which may need to change over time.
Burn¶
The Burn action manages the destruction of attribute tokens, determining how and when they can be permanently removed from circulation. This is especially useful for tokens that represent temporary attributes, such as event access or limited-time memberships.
Note:¶
When Always fail is selected as a condition it by default set to ‘Active’ and this cannot be changed. The same applies to:
- Sign by Owner
- Always fail
- Always succeed
Migrate¶
The Migrate action defines how attribute tokens can be moved across networks or systems. This is critical for ensuring flexibility in cases where tokens may need to be transferred between different blockchain environments or during system upgrades.