Introduction

Polymesh is built with Substrate, which is a framework and a set of modules for creating a blockchain. Substrate provides tools that offer low-level access to everything that happens on a Substrate network and these tools work with Polymesh.

The Polymesh Substrate App is such a tool. It is typically used by developers to explore the blockchain and transactions in depth.

Prerequisites

• A verified Polymesh Account.
• Enough POLYX balance on the account to cover transaction and protocol fees.

Create an asset with the Polymesh App

1. Navigate to the Polymesh App.
2. For the account at the top, select your account in your wallet.
   
3. For the extrinsic, select “asset”, then "createAsset", as per the below screenshot:
   
   
   Click here to see this image at full resolution.
4. Asset Name: Enter an asset name in HEX format ( use a HEX converter to convert, for the “Output delimiter string” select “None”)
   Example: Your asset name is "My test token", which is "4D79207465737420746F6B656E" in HEX. This HEX value should be entered with a 0x prefix, so the value you need to enter is "0x4D79207465737420746F6B656E".
   
5. Ticker: Similar to the Asset Name, enter a ticker symbol in HEX format with a 0x prefix. It should look like as the following screenshot:
   
   Click here to see this image at full resolution.
   Note: Use a HEX converter like this one. For the Output delimiter string, select "None".
   Example: Your ticker name is "TESTKN", which is "544553544B4E" in HEX. This HEX value should be padded with zeros to be 24 bytes like "544553544B4E00000000000" with a 0x prefix, so the value you should enter is "0x544553544B4E00000000000".
   Shorter ticker names than 12 characters in HEX should be also padded with zeros up to 12 characters.
   
6. Divisible: Select “Yes” or “No”.
   Please note: Once a divisible token is distributed, you cannot change it to be indivisible. However, if a token is initially indivisible, it can be changed to be a divisible token at any time.
7. Asset Type: Select one from the drop-down 
   
   Click here to see this image at full resolution.
8. Asset Identifier: You can add a Security Identifier by clicking on the “Add item” button below the Asset Type field. The Security Identifier should be in its original format (like 9 characters for the CUSIP for instance):
   
   Click here to see this image at full resolution.
   Approved values per asset identifiers:
   - CUSIP: 9 characters
   - CINS: 9 characters
   - ISIN: 12 characters
   - LEI: 20 characters
   - FIGI: 12 characters
9. Funding Round: To enter the Funding Round, click on the “include option” toggle to make it available. The Funding Round should be in HEX format:
   
   Click here to see this image at full resolution.
   Example: The Funding Round is "Angel B", which is "414E47454C2042" in HEX. This value can be added as is, without any padding or prefix, so the value that should be added here is "414E47454C2042".
10. Disable IU (Investor Uniqueness): Must be set to "Yes".
    
    Click here to see this image at full resolution.
11. Once all data are filled, click on "Submit transaction" then sign the transaction with your wallet. 
    
    
    Click here to see this image at full resolution.
    
12. You can verify the created token in the Polymath Token Studio.
    
    

    If you have any questions, feel free to open a conversation with our support team through the Polymesh Community page.