Create Security Token on peaq
Secure, compliant and intuitive security token generator
Zero smart contract programming required
Immediate ownership over generated tokens
Set custom parameters from ERC1400 token standard family
Seamless integration with digital asset custody solutions
Create token product documentation
Basic settings
Token configuration
Security token configuration
It takes approximately 10 seconds to create the tokens after you confirm. The token will be automatically transferred to the address of the creator/owner after the creation is successful.
To create a token, Connect Wallet first
peaq security token generator FAQ
What is a security token on the peaq network?
What is a security token on the peaq network?
A security token on the peaq network is a digital asset that represents ownership in an underlying security or other financial instrument, similar to traditional securities such as stocks or bonds. These tokens are issued on the peaq blockchain, providing enhanced transferability, transparency, and settlement efficiency. Security tokens on the peaq network are particularly designed for assets in the Machine Economy, enabling decentralized interactions with machines while complying with regulatory frameworks.
What is a security token smart contract generator?
What is a security token smart contract generator?
A security token smart contract generator on the peaq network is a tool that simplifies the creation and deployment of security tokens. It allows users to define parameters such as the token’s name, symbol, and supply, and then generates a customized smart contract that is deployed on the peaq network, following compliance guidelines. Token Tool offers this functionality for creating security tokens in a user-friendly way, without requiring coding knowledge.
How much does it cost to create a security token on the peaq network?
How much does it cost to create a security token on the peaq network?
The cost of creating a security token on the peaq network depends on the features you require and the smart contract generator you use. With Token Tool, creating a security token on peaq is highly cost-effective compared to traditional development costs. Token Tool offers a fixed fee for token creation, with additional fees for advanced features and services. This is much cheaper than having a custom smart contract developed, which can cost thousands of dollars.
What types of security tokens can I create on the peaq network?
What types of security tokens can I create on the peaq network?
With a security token generator on the peaq network, you can create various types of security tokens, including:
Equity tokens: Represent ownership in a company or project.
Debt tokens: Represent debt securities issued by an entity.
Asset-backed tokens: Represent ownership or rights to real-world assets such as property, intellectual property, or commodities.
These token types are designed to meet the requirements of financial regulations, ensuring compliance while offering the advantages of blockchain technology.
What are the requirements for creating a security token on the peaq network?
What are the requirements for creating a security token on the peaq network?
To create a security token on the peaq network, you will need:
A web3 wallet or a bank-grade custody solution with multisig capabilities.
Funds to cover transaction and deployment fees on the peaq network.
Knowledge of security token regulations relevant to your jurisdiction to ensure compliance.
How do I create a security token on the peaq network using Token Tool?
How do I create a security token on the peaq network using Token Tool?
Using Token Tool, the steps to create a security token on the peaq network are:
1.Connect your wallet to Token Tool.
2.Define the security token's parameters (name, symbol, total supply, etc.).
3.Confirm transaction and pay fees to deploy the security token to the peaq blockchain.
This process is straightforward and does not require any programming expertise.
Which security token standards are supported on the peaq network?
Which security token standards are supported on the peaq network?
The peaq network supports a variety of security token standards, allowing issuers to create compliant and flexible tokens. While specific standards are developed to align with peaq’s Machine Economy focus, Token Tool also enables compatibility with existing regulatory frameworks, ensuring the created tokens meet the requirements for security tokens on blockchain.
How can I mitigate risks when using a security token generator on the peaq network?
How can I mitigate risks when using a security token generator on the peaq network?
To mitigate risks when using a security token generator on the peaq network, it is essential to:
Choose a reputable generator like Token Tool with a proven track record.
Thoroughly review the smart contract code before deployment.
Seek legal advice to ensure compliance with regulations.
What is the difference between a custom smart contract and a pre-built template?
What is the difference between a custom smart contract and a pre-built template?
A custom smart contract is tailored to the specific needs of a project and offers more flexibility but requires development expertise. A pre-built template, such as those offered by Token Tool, allows faster token creation with standard features. Templates are designed to meet compliance and efficiency standards while offering enough customization options to suit different projects.
Can I have my security token contract audited?
Can I have my security token contract audited?
Token Tool’s security token contracts are pre-audited by industry-leading auditors to ensure safety and compliance. For additional due diligence, you may choose to have the contract audited by an independent auditor.
By using Token Tool to create security tokens on the peaq network, you ensure compliance, cost-effectiveness, and seamless integration into the Machine Economy, all while adhering to regulatory standards.
