WhiteRock

Introducing MintRock, the first platform for minting CIP-68 tokens on @Cardano whiterock.foundation/mint 🧵👇

@NaVi_GaT0R @MaxRossem Oh my god

Shocked to learn @MaxRossem has passed away. I met him at almost every Cardano event. He was always smiling, humble and genuinely interested in making great tools on Cardano. I remember him giving us a lift in Dubai, I remember just recently he came to a Karaoke event in Japan, dress up like a Wizard. We lost a great person. My thoughts are with his family

@IOHK_Charles Baldur’s Gate has set the bar so high, that other companies complained about the fact that the game is so good and they have to make better games now 😁

What's so extraordinary about Baldur's Gate 3 is how unorthodox Larian has been in the aftermath of the success. Any normal CEO would have assigned a dedicated team to keep making DLC and expansions for the mega hit until the profits gradually faded. Instead, Sven simply dropped the mic and walked away after setting up the game for a decade of player driven mods like Skyrim enjoys. They reportedly were looking at a billion dollars of revenue for a sequel. Sven told Hasbro that the difference between them was, "You make games to make money and I make money to make games," and walked out of a meeting. You just never see this in the game industry. It's a rare and magical thing. youtu.be/66-eMpcnM0Q?si…

@IagonOfficial We don’t store policy keys by the way! Everything is in self custody (including smart contracts) 😎

🔍 The Hidden Centralization and Compliance Challenges in IPFS: It's actually false to think IPFS remains decentralized as it scales. The larger it grows, the more centralized it can become, especially when storage operators rely on centralized pinning services for data redundancy. While IPFS is decentralized in theory, most projects implement it in a centralized way—storing data locally or relying on specific nodes for storage. A prime example is in NFT projects, one of the main use cases for IPFS. When NFTs are minted, many projects store the assets or metadata locally or through centralized gateways. This means if the project disappears (aka "rugs"), the NFT holders don't actually control the underlying assets—the minting team does. Additionally, there are many compliance issues with IPFS, especially for Web2 adoption. The problem isn’t just its decentralized nature—it’s the random sharding system, where shards of data are distributed randomly across nodes without control over their geographic location. This makes it impossible to ensure compliance with regulations like GDPR, which mandate data residency within certain jurisdictions and require the ability to delete personal data ("right to be forgotten"). Iagon is addressing these challenges by developing decentralized storage solutions that provide control, performance, and compliance for both Web2 and Web3 enterprises. 🚀

@PokeungW @TapTools @Cardano @MinswapDEX

@WhiteRockCoin @TapTools @Cardano @MinswapDEX Are you the one man team?

MintRock has been live for 3 weeks now, and during this time: 🔹100+ CIP-68 tokens have been minted via our platform 🔹@TapTools rolled out an update to correctly display all CIP-68 tokens 🔹@Cardano token registry can rest🥀since minted tokens go on-chain instantly Create your own CIP-68 token for just 15 $ADA: whiterock.foundation/mint #cardano #cip68 #mintrock

@PokeungW @TapTools @Cardano @MinswapDEX 👀

@WhiteRockCoin @TapTools @Cardano @MinswapDEX Please would you tell me who are the team members behind WhiteRock.

This would be a presale of your token with the condition 0.5 ADA for 1 token, but I can assure you that it is nearly impossible to collect 500 million ADA in a presale. This does not put it on the market (others can create their own LPs with tokens bought on a presale, but this is different). What you could do is calculate the amount of tokens you would need to pair with your available liquidity for the price to be 0.5ADA/token. Amount of tokens = available liquidity / 0.5 ADA Lets say you have 10k ADA available for the liquidity, this would mean that you need to put: 10k ADA / 0.5 ADA = 20000 tokens into the pool with 10k ADA pair. Either you change your tokenomics that it matches 20k tokens (in case you want to put 100% into the pool) or you just put 20k out of 9 billion tokens into the pool (which would create trust issues, since you'll hold 99% of the supply 😅) The choice is yours

@WhiteRockCoin @TapTools @Cardano @MinswapDEX Can people buy my new tokens without going through liquidity pool?

@PokeungW @TapTools @Cardano @MinswapDEX You would need to pair 1 billion tokens with 500 million ADA 😅

@WhiteRockCoin @TapTools @Cardano @MinswapDEX If we want to send 1 billion token with the value of 0.50 ada each, how much we have to put in altogether.

@PokeungW @TapTools @Cardano @MinswapDEX Yes, user tokens will be in your wallet. Everything is minted with your wallet directly, hence we do not have any keys (except when you ask us to save your keys) or tokens. Reference NFT is stored in a smart contract and only your wallet can access it (for updating metadata)

@WhiteRockCoin @TapTools @Cardano @MinswapDEX Please would you tell me where the new tokens will be stored...will it be in my own wallet?

@PokeungW @TapTools @Cardano @MinswapDEX Yes, without any problems! 👌 ZapIn function will also do the trick (it will buy the same amount of tokens for ADA and put it in a pair, in case you do not have enough tokens in your wallet)

@WhiteRockCoin @TapTools @Cardano @MinswapDEX So I can add in more liquidity anytime to the pool, right?

@PokeungW @TapTools @Cardano @MinswapDEX You are free to manage your LP tokens and pool however you prefer just as with any other token, no differences there 😉

@WhiteRockCoin @TapTools @Cardano @MinswapDEX At any point in time please would you tell me if I can manage our pool by withdrawing the liquidity or modifying the parameters against our pool using minswap.

15 ADA. That's it. Token Supply plays no difference in the price since it is just 1 minting tx. If you need help with creating a liquidity pool after minting, please, let us know, but here is a small guide from @MinswapDEX : docs.minswap.org/faq/token-laun… And FYI, you are good with just creating tokens with our platform, no need for verification on Token Registry (in case you were thinking about that). MinSwap fully supports it as well as many others.

@WhiteRockCoin @TapTools @Cardano How much does it cost if I would like to generate 2 billion of our own tokens?

@PokeungW @virtuoso1333 @TapTools @Cardano Sure! It is as easy as it sounds: 1. you can go to whiterock.foundation/mint 2. connect your wallet 3. mint your tokens and they will be as good as old tokens, even better! Here is the detailed guide: @whiterockada/how-to-create-a-token-on-cardano-in-30-seconds-de7e478d3d2e" target="_blank" rel="nofollow noopener">medium.com/@whiterockada/… Or do you need something specific?

@WhiteRockCoin @virtuoso1333 @TapTools @Cardano I am starting a new project and I would like to create our own tokens so that people can buy our tokens. Can you help?

Hey! CIP-68 token is the same native asset as you all know, with some features that allow storing metadata directly on-chain. In short, the old way: CIP-25 token, 721 metadata standard in the minting tx. Token Registry (CIP-26) off-chain metadata storage. Third parties (like DEXes) query Token Registry for metadata. New way: CIP-68 token, for each user token (the actual token you use) there is reference NFT (same name, same policy, different labels) locked in an output with datum containing your metadata, which will be transmitted to the user token. Third parties query on-chain data. Why CIP-68 better than CIP-25: 1. No centralized metadata storage like Token Registry. 2. No biased restrictions or terms of use for your token metadata. 3. Dynamic metadata (in CIP-25 you could submit new metadata to Token Registry, which returns us to the 2nd point). 4. Many others, like SC compatibility and so on... Refs: CIP-25: cips.cardano.org/cip/CIP-0025 CIP-26 (eg Token Registry): cips.cardano.org/cip/CIP-0026 CIP-68: cips.cardano.org/cip/CIP-0068 Token Registry repo: github.com/cardano-founda… If you have any questions, we are here for you!

@WhiteRockCoin @virtuoso1333 @TapTools @Cardano What is CIP-68 tokens?

@TapTools 👀

I will like every single comment on this post.

No problem! So, your token will not be visible anywhere (except for the wallet) until you provide the liquidity. This goes not only for CIP68 tokens, but for old CIP25s also. We could not find any LP txs, there is only the minting one: #data" target="_blank" rel="nofollow noopener">cexplorer.io/asset/asset14z… Here is how you can provide liquidity on MinSwap: docs.minswap.org/faq/token-laun… Let us know if you have any questions!

@WhiteRockCoin @TapTools @crackabible a737ef314664e0c1568406f16826120534e1b4e9f5906fdf051ce5b1 , thanks again for the response, this is what makes the cardano community great 👍

Cardano memecoins are popping up left and right 👀

@FrameJoana8929 @tony811 @TapTools @crackabible It will show up just as any normal token. Please provide policyID, so that we can verify the issue

@tony811 @TapTools @crackabible Can you provide the policyID? Also, it will only show in the search when there is a certain amount of ADA provided as liquidity. In the old TapTools UI there was a section “Recently added”, which contained all new tokens regardless of the liquidity.

@WhiteRockCoin @TapTools @crackabible I have on MIN swap still not showing up , thanks for the response

@tony811 @TapTools @crackabible You have to provide liquidity on DEX and it will pop up 😉

@TapTools @crackabible What's the process to have a coin visible on @TapTools , I minted via @WhiteRockCoin

@hoskytoken I like this partnership

We are partnering with a partner in a partnership to improve our partnerships with partners. By partnering with partners through partnerships, we enhance our partnering strategies. This ensures effective partnerships, creating a partner that benefits all partners.

@007Collect We hear you 👀

@WhiteRockCoin Hey how can I create a token thats either Stake-able &/or Burn-able? These should be 2 features integrated in the WhiteRock Platform. I hope this Message reaches you well. I feel like this Platform would be the Main go to with these options.

🌑 Step-by-step guide on how to create a token on Cardano: @whiterockada/how-to-create-a-token-on-cardano-in-30-seconds-de7e478d3d2e" target="_blank" rel="nofollow noopener">medium.com/@whiterockada/… 🌑