I'm thinking about starting my own hive-engine token. Anybody have any ...

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I'm thinking about starting my own hive-engine token. Anybody have any experience starting one with minimal investment? Care to share any tips or guidance? What should I be looking out for? Using tribes as tags to gain insight from those communities.

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You need to figure out how the token works. Here is a post to read if you want more details. You may not need all of it since you are not creating a tribe.
https://peakd.com/hive/@aggroed/how-to-create-a-tribe-and-what-goes-into-it-a-guide-for-the-curious

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Yeah, I actually read that too. It's kind of what got the juices going again.

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I remember @patrickulrich talking about his experience with SPORTS. I think he said you need to know the details of your token and it is the most important since it is hard to change afterwards. Besides this, you definitely need some BEE tokens in order to start anything.

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I hadn't heard of Tribes before this comment, so thank you! I've been trying to see if setting up something on Hive for the community garden I'm organizing would be right. I feel like it is, but I'm so new I'm struggling to see it exactly!

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Your welcome. I encourage you to start your own tribe, but it will definitely cost a some money to get all the features. I strongly suggest you figure out how your token will work (inflation, distribution and etc) because changing it after might be impossible or costly.

Posted Using LeoFinance Beta

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Your token should have a "use case", meaning something other than being a token itself. For example, BEER and WINE are tokens used for tipping on posts and comments.

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