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I had a number of questions about SLP Tokens on the Bitcoin Cash blockchain.
How can we create one? What use can they have? Do they have a value?
I looked into it, and in fact it is really very easy to create your own SLP Token. My example is based from the Electron Cash Wallet, SLP version, it is very important. You can download it here: https://electroncash.org
Import one of your wallets or create a new one for the experience. You need some BCH for the creation of the token. SLP tokens are only supported by the SLP version of Electron Cash. Then, the operation is really simple, go to the "Tokens" tab, right click, then "Create a new token". Then all you have to do is fill in the different fields before validating your token creation. The cost is ridiculous. Some dust. Yes, it's as simple as that! :0)
I created a Token named: MLC, for Music Lovers SLP Coin. I plan to distribute it when I come across interesting things about music on Memo.Cash. Probably here, too. Consider it as a social token. A community one. Other ideas will arise. It is said that the imagination has no limits.
Do not hesitate to leave your Simple Ledger address in a message, I will send you some of them. With pleasure! :0)