Coins on Memez.GG
Step by step Guide of Coins on Memez.
The coin creation tool on Memez GG allows users to generate their own custom tokens with a range of configurable options. This functionality enables individuals and projects to launch tokens tailored to their specific needs, whether for utility, governance, or community engagement.
Configurable Features
When creating a coin, users define key attributes:
Basic Information
Coin Name – Unique identifier for the token.
Ticker – Short symbol (e.g., ROOT for Rootlets).
Description – Brief summary of the token’s purpose.
Logo – Custom image representing the coin.
Supply Settings
Total Supply – Initial token amount (supports up to 9 decimal places).
Maximum Supply – Hard cap on total token supply.
Advanced Features
Burnable – Tokens can be removed from circulation, with burn permissions configurable.
Mintable – Allows the deployer to create additional tokens up to the maximum supply.
Editable Metadata – Enables modifications to name, ticker, description, and logo after deployme
This coin creation tool empowers users to design and launch tokens with flexibility while maintaining key security and governance controls. This tool uses the IPX Coin Standard.
Creating Coin on Memez GG
On the video below we have launched a token with all the functionalities mentioned above. Here are the details of the token created:
Name: Kumo
Ticker: Kumo
Description: Kumo the cat
Supply: 1,000,000
Max Supply: 1000,000,000
Functions enabled: Burnable, Mintable and Editable
🎥 Watch the video for a step-by-step walkthrough.
Editing The Metadata
After creating a coin with the Edit function enabled, you can update its metadata at any time. Now, let's rebrand the Kumo coin we created earlier by updating the following details:
Name: Rootlets
Ticker: ROOT
Description: “Just Root it”
Image: A Rootlet PFP
🎥 Watch the video for the step-by-step walkthrough.
And just like that—within a few clicks, we’ve successfully rebranded the entire coin!
Managing Tokens: Burning & Minting
Now that you know how to create and change it's metadata, let's explore two important functions—burning and minting tokens. These actions allow you to manage the token supply dynamically.
Remember that when we created the token, we enabled the ability to burn and mint tokens, setting the initial supply to 1,000,000 and the max supply to 1,000,000,000. This means you can perform burns and mints freely within the range of 0 to 1,000,000,000 tokens.
On the video below, we'll use the rebranded Rootlets token to demonstrate both processes. In this case we will first mint 100,000 tokens and then mint the same amount.
Migrating a Coin from Suicoins to Memez GG
Introduction
In this guide, we will walk through the process of migrating a coin created on Suicoins to Memez GG. This migration ensures that the coin follows the IPX Coin Standard, gaining key functionalities such as:
Burning tokens
Minting new tokens
Editing metadata
By the end of this tutorial, your migrated coin will have all of these features.
Prerequisites
Before proceeding with the migration, ensure that:
The deployer owns the treasury cap. Without it, migration is not possible.
When creating a coin on Suicoins, you have chosen to keep the treasury cap. If it has been sent to a dead address, migration is not possible.
Step 1: Creating a Coin on Suicoins
Navigate to Suicoins and click Create Token.
Fill in the token details. For this tutorial, we will use the following example:
Name: Prime Machine
Ticker: PRIME
Description: Suii is the endgame and starts with Studio Mirai.
Image: Prime Machine #2059
Supply: 1 million tokens
Important Step: Do not set a fixed supply. Setting a fixed supply sends the treasury cap to a dead address, preventing migration. By keeping a flexible supply, the treasury cap remains with the deployer.
Confirm the transaction in your wallet.
Once confirmed, the token is successfully created on Suiicoins.
Step 2: Migrating to Memez GG
Navigate to Memez GG and click Create Token, then select Migrate.
Choose the token you wish to migrate (e.g., Prime Machine).
Configure the token settings. Memez GG provides options similar to the token creation process but now includes the ability to enable all functionalities of the IPX Coin Standard. Enable:
Burning tokens
Minting new tokens
Editing metadata
Set a new max supply (e.g., 1 billion tokens).
Confirm the transaction in your wallet.
🎥 Watch the video for the step-by-step walkthrough.
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