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29 September 2020

Polkadot Projects Will Be Able to Mint Their Own Tokens in 2021 - CoinDesk

Polkadot Projects Will Be Able to Mint Their Own Tokens in 2021 - CoinDesk


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A token minting system is coming to the Polkadot blockchain ecosystem, promising to be a leaner, meaner version of Ethereum’s ERC-20 standard, the mechanism that launched a thousand token sales.

Announced Wednesday, Polimec, the token issuance and transfer framework for Polkadot, is being launched by the team behind blockchain identity protocol KILT.

“If you look at what ERC-20 actually did to the Ethereum ecosystem, then you can imagine what will possibly happen with Polimec,” Ruebe said.

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