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hello bloomies my name is k and today we are diving into Bloom's newest product the memath with over 80 million users the mem pad is setting the stage to become the go-to destination for creating and launching your own tokens with just a few clicks whether you're passionate about music sport gaming or just a meme that is way too hard to ignore mad gives you the tools to easily create your own token trade and connect with your community in the next few minutes I'll walk you through step by step everything you need to know to launch your own token and trade it on Bloom's mad now this is a purely educational video not Financial advice Mead is extremely risky you can lose all your money trading on it so make sure to be very very careful there are plenty of Bad actors and make sure you don't fall victim to them do not trade with any money you're not willing to lose and always always make sure to do your own research Dior now let's get into how to use Bloom meme pad now you can easily find the meme pad when you open the bloom telegram Channel and you click on launch app at the top right and you'll see the meme pad right in the center once you click on it you'll see the spotlight section that you can navigate through and we're going to also see six tabs you have new which are the newest tokens created you have hot which are the hottest tokens right now by number of transactions blooming are the tokens that are closest to being listed on a DEX based on the bonding curve and listed are tokens that already are listed on a deck that fully reached 100% on the bonding curve my tokens of course are tokens that you are holding right now which I'll show you how to do in just a minute now I mentioned the bonding curve a couple of times so let's get it out of the way and explain the difference between blooming and listed how do tokens go from being launched on mad and then listed on a decentralized exchange like stonei the Mead has what is called a bonding curve it's a tool that lets you determine token prices in a structured way with the help of math formulas think of it like market cap limit where people need to buy enough tokens to fill in the bonding curve for the exact number check out the description of the video for Bloom's extensive Mead FAQ so now that you're familiar with the basic navigation and understand the difference between the tabs you have two options from here you can launch your own token or you can trade existing ones let's go with how to launch token on Meme pad for that we click on the top right and before we do all of us have a passion for for something it could be artistic or charity a person a cause and luckily living in this day and age we can all create a token around it for me that passion is impact ISM it's a community of entrepreneurs and Visionaries dedicated to making a positive impact on the world that's my community that's my personal passion so I'm going to create a token around it right now I'm going to click on launch token on the top right and easily fill out all the information on the first page you got the icon I'm going to use uh I dot which symbolizes impact tosm name and I'm going to put in the ticker which is basically an abbreviation of your token name and it's typically between three and six characters for example bitcoin's ticker is BTC and for us it's going to be impact let's go with impact next we're going to press continue we are going to add a banner and social media profiles and of course a website make sure you have all of those ready before launching the token so you can actually build a community around it next we're going to indicate your token share as its creator I'm going to go with 7% as I want this to be mainly a community token and we're all set let's continue as you can see on the top left we have the bonding curve we have a maximum supply of 1 billion tokens which is the default for all tokens launched on the mem pad and you can see how many are available for purchase and we see the cost it's 0.55 ton and the network commission is 0.05 so very very affordable and super easy to do let's launch we're going to approve the transaction and we are all set let's go if we search for it right now we should be able to see it and there it is awesome feel free to get involved if you're in back to list just like me join the cause and of course this is not Financial advice of course now that you know how to create your own token let's get into trading them how do you actually buy and sell tokens on mad so in order to buy a token you need to complete two simple steps you need to connect your wallet with tone on it in can be any wallet that supports the open network and number two select the token you like I'm going to pick let's go with dark which gained the number one spot on our mem pad contest when we just launched the meme pad I'm not advising to buy it or sell it this is just for demonstration sake by the way we have we have amazing competitions going right now if you want to create your own token check it out on our official mad telegram Channel and now I'm going to press buy and input the amount of tone I want to spend and then I'm going to press the buy button then I just follow the flow of the transaction with my wallet approved and there you have it very straightforward now before you do that as I said in the beginning Mead is extremely extremely risky make sure to always do your own research so one of the great things about the actual mad is that you can see the holders if you click on holders you can see if there's holder risk make your own educational decision what you feel comfortable with and then go from there now looking at the interface which I love we can play around with the chart between 1 minute 5 minutes and 15 minutes time frames which is very neat and we can also switch between market and price to look at the chart now once you bought your token you can easily find it under my tokens tab app which also shows you profit and loss which is very nice um now let's say you actually want to sell it right so let's go through the selling motions you click on the token and then you select how much of it you're going to sell I'm going to sell all of it and again verify the transaction sign and you're good to go easy now here's an important step we're doing all of this assuming you already have Tor in your wallet well what if you don't you you can easily buy tone on various platforms using fiat currency we recommend you do it within the native telegram wallet so you don't even need to quit telegram but you can also do it through an exchange or use other tone related wallets that's it guys now you have everything you need to know to trade and launch your own tokens on Bloom's mad whether you're Creator artist influencer or just someone who has a passion for something like myself Mead lets easily create and launch your custom tokens with just a few clicks for any questions make sure to click on the blooms comprehensive FAQ in the description of the video and as always my name is k and I'll see you on the next one go
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