hoshiyom1 / module4avax

Project: DegenToken

Created by Metacrafters - ERC20 Token Generation

DegenToken represents an Ethereum-based ERC-20 token smart contract enabling various user actions like minting, transferring, burning tokens, and acquiring NFT items from a game store.

Overview

DegenToken operates as a decentralized application (DApp) within the Ethereum blockchain. This smart contract facilitates multiple functions, including token creation, transfer, redemption for in-game items, balance inquiry, and token elimination.

Key Features

Token Creation and Elimination

This initiative offers users the ability to seamlessly generate and eliminate their distinct tokens, utilizing the robust functionalities of OpenZeppelin. Token minting provides exclusive rights to the platform owner for creating new tokens, while the burning feature enables responsible token disposal.

Token Transfer Across Accounts

Enjoy the flexibility of effortlessly transferring tokens between accounts, fostering a user-friendly environment and enabling token exchange.

In-Game Item Redemption

Players can redeem their tokens for exciting in-game items available in the virtual store. This redemption process also involves burning tokens.

Effortless Token Balance Checks

Users can easily check their token balance at any time, ensuring transparency and keeping users informed about their current token holdings.

Responsible Token Elimination

Maintain a streamlined token economy by allowing users to responsibly eliminate tokens they no longer need. This promotes a clean and efficient token circulation system, benefiting the platform's overall health.

Running the Program

1. Visit Remix Ethereum's website
2. Import all files into the default workspace
3. Compile the project
4. Deploy the Contract. (Select the Inject Provider if you are going to test with snowtrace)
5. Upon contract creation, Copy the contract code and paste it into SnowTrace
6. Execute functions using the provided button.

Author/s

Contributor/s: Sally Segundo @Hoshiyom1