CraftersToken is an ERC-20 token implemented on the Ethereum blockchain using the Solidity programming language. This token is designed to serve as a utility within the Crafters community, allowing users to perform various actions such as minting, burning, and transferring tokens.
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Minting: The token owner can mint new tokens and assign them to a specified holder. This can be useful for various purposes such as rewarding users or initializing the token supply.
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Burning: Token holders can burn their own tokens, reducing the overall token supply. This can be used when users want to decrease their token holdings.
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Ownership: The token contract includes an owner variable, ensuring that only the designated owner (deployer of the contract) has the authority to mint new tokens.
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Transferring: Users can transfer tokens between addresses using the standard ERC-20 transfer functionality.