Definition ∞ Onchain issuance refers to the process of creating new digital assets or tokens directly on a blockchain protocol. This typically involves executing a smart contract or following predefined protocol rules that govern the generation and distribution of these assets. The process ensures transparency and immutability of the asset’s creation record.
Context ∞ News reports frequently detail onchain issuance events, such as new token launches or the minting of non-fungible tokens, which drive activity within the digital asset space. This method of asset creation is fundamental to decentralized finance and the broader token economy, offering verifiable provenance and programmatic control over supply. The regulatory implications of onchain issuance remain a significant area of discussion.
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