Messing around w/ asset creation…Who wants some GOLDDRAGON?

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Messing around w/ asset creation…Who wants some GOLDDRAGON?

I wanted to test out creating an asset and learn more about the whole process. I was specifically interested to see how the IPFS worked. Obviously, this has no current value but I figured it would be a cool experience to try it out. I ended up creating GOLDDRAGON. I also made a sub asset called COPPERPENNY.

If you are interested in receiving some post a reply in this thread and add a wallet address. Each member that posts in this thread will be sent 1000 GOLDDRAGON.

In order to get the conversation going here are a few topics that I am interested in:

  1. How does the asset versus sub asset relate to each other and is it possible to burn assets? Right now 100,000,000 GOLDDRAGON exist. Is it possible to burn GOLDDRAGON or will there always be 100,000,000 of them? Is it possible to set up a way to exchange a sub asset for an asset? If I make Silver Stag and Copper Penny a sub asset of Gold Dragon is there a way to automate transfer between them?
  2. Is it possible to add a IPFS after an asset has been created? If the asset is re-issuable can I change the IPFS when I reissue the asset?
  3. When assets are created and RVN is burned how does that impact the total circulation of RVN? If the RVN is gone forever how does the network intend to keep asset creation reasonably priced? 500 RVN at .$05 is only $25 to create but if mainstream usage is adopted the burning of RVN along with the popularity will make it increasingly expensive to use. $1 RVN would be $500 per asset. That seems like a lot of money to me but I suppose it is relative?

I am interested to hear your thoughts. Don't forget to post up you wallet addresses 🙂

submitted by /u/nontechit
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