Token Central

Create Policies, Mint or Burn Native Tokens and NFTs

To mint a token (Fungible or NFT), you need a Policy for each. When you create a Policy, you need to specify if it will be used to mint a fungible or non-fungible token. Creating a Policy, and every minting or burning of a native asset, have a minimal fee in ADA or Minting Credits (MC). One (1) MC is normally pegged at 1.00 ADA (₳) but you may purchase MCs in bulk to save on fees (as much as 75% off or 0.25 ₳ per MC).

Policy Maker

Create or use an existing Policy to mint a token or NFT with time lock option.

Fee: 1 MC per Policy

NFT Minter

You can mint and burn a single or collection of NFT or update metadata on the blockchain.

Fee: 1 MC per NFT

Token Minter

You can mint fungible tokens then remint additional or burn existing supplies.

Fee: 1 MC per Token

Token Registry

We will manually submit your asset metadata (logo, ticker, etc.) to the Cardano Token Registry.

Fee: 200 MC per Token

Token Policy Primer

When you first create a Policy, you have to choose whether to Time Lock it or not. Time locked Policy means after a certain number of slots in the network, your Policy will be locked and no longer be able to mint, burn or remint a token. This is particularly useful for NFTs wherein the scarcity and uniqueness of the asset are the main driving factors of its value.
For fungible tokens, time locking a Policy may not be appropriate as there are times when you need to remint additional supply, or just the opposite, burn excess supply. But in both cases, unlocked Policy does not guarantee that the supply will not be inflated by the Policy owner in the future, so it could greatly affect its value.
For NFTs, it is very important to properly decide whether to time lock the Policy or not, as there are both advantages and disadvantages. One of the disadvantages of unlocked Policy is that the token holder will not be guaranteed that no similar NFT or additional quantity (thus turning it into a fungible token instead) will be reminted in the future, nor will it be guaranteed that the asset will permanently be stored in the blockchain, as it can still be burned.
However, there are cases wherein unlocked Policy can be very useful and advantageous. For instance, a gaming NFT normally changes in traits and characteristics, say when a player levels up in a game. Usually the player's avatar, which can be represented by an NFT, also needs to change its attributes, which are represented by the metadata embedded in an NFT. So if the need to update the metadata in the future is foreseeable, then the creation state of the Policy will be very crucial for the game.