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ALX TOKEN REPRESENTATION

ALX Blockchain Token Project

"ALX Blockchain Token" is a digital token that was created on the Ethereum blockchain. It is a type of cryptocurrency that uses blockchain technology to record transactions and verify the ownership of assets. The token is based on the ERC-20 standard, which allows it to be easily traded on cryptocurrency exchanges and used in decentralized applications (DApps) built on the Ethereum platform. The purpose of the ALX token may vary depending on the project it is associated with, but it generally serves as a means of payment, a reward system, or a governance mechanism for decentralized organizations. The ALX Blockchain Token is just one example of the many tokens that have been created on the Ethereum blockchain to enable innovative new applications and business models in the decentralized finance (DeFi) space.

Table of contents

Installation

This project is build on Node.js serverside framework and therefor for you to run the project you must have Node installed.

  1. Run git clone to have the repository on the local machine
  2. Run npm install package.json to install the necessary packages used in this project.
  3. Create an Alchemy account for Providing the node and API here
  4. Create a Metamask account here for management of the coin and enable the sepolia test net
  5. Get the Sepolia faucets through here
  6. Create the .env file that has the PRODUCT_ID PRODUCT_ID_MAINNET got from Alchemy and MNEMONIC got from Metamask
  7. Run truffle compile
  8. Run truffle deploy --network sepolia
  9. Copy the contract address and click on import token on metamask we will have created the ALX COIN

Usage

The purpose of the ALX token may vary depending on the project it is associated with, but it generally serves as a means of payment, a reward system, or a governance mechanism for decentralized organizations. The ALX Blockchain Token is just one example of the many tokens that have been created on the Ethereum blockchain to enable innovative new applications and business models in the decentralized finance (DeFi) space.

System Architecture

Troubleshooting

  • If you have any issue with installation or usage, you can raise them through my LinkedIn or through git pull requests.

Contributions

This project was build by Bostone Ochieng

Credits

License

This project is licensed under the MIT License

About

This is a token build on Ethereum Blockchain

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