Issuance Rules
Please refer to the Mesh Platform as a Service Agreement for more information regarding our platform terms of use. This page is intended for informational purposes only.
Mesh Instrument Builder provides services related to the creation, tokenisation and configuration of digital assets, listing them on the Mesh Marketplace and controlling them in the form of tokens, throughout their lifecycle.
Mesh provides users with a digital asset creation platform, token control services, lifecycle control services, technical services and other digital asset and marketing related services.
What is an Issuer
An Issuer is a legal entity that develops, registers and sells financial instruments. The issuer is responsible for all material, documents and information posted and captured on Mesh.
Issuers are responsible for providing updated information on the instrument within a reasonable time. They are expected to share:
- Information that is accurate, true and , not misleading.
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Information that is compliant to all applicable rules and regulations. It is the issuers responsibility to ensure that their Financial Instrument and their legal entity is in compliance with all applicable laws and regulations in their jurisdiction.
For more information regarding the services provided by the Instrument Builder please see our Mesh Platform as a Service Agreement.
Some important information and rules for using Mesh to Issue an Instrument
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When a customer is granted access to the Instrument Builder they are provided with an Issuance Account. The sole purpose of an Issuance Account is to allow issuers to issue tokens and instruments. This account allows for the unique identification of the Issuer at all times on the Mesh platform and through our Blockchain Service Providers. -
Issuing responsibilities can be assigned by the account Admin user to another user linked to the account. This user will receive the permissions associated with an Issuer. These include, but are not limited to, the creation, issuance, minting, burning and listing of instruments and tokens. -
Authorisation – You are fully responsible for all acts or omissions relating to any user's access to your Issuance accounts on Mesh. -
Mesh Fees – Mesh may charge fees based on the usage of services, including, but not limited to, first time issuance, minting, and listing. The customer must ensure that they have sufficient balance of the currency which the instrument uses as a reference or of a nominal currency, to complete any transaction on Mesh. The customer will not be allowed to issue, mint nor place their created instrument if a sufficient balance is not available within their Mesh Accounts to utilise the service. -
The customer is fully responsible to act as the issuer of the instrument if their legal entity is documented as being the issuer. -
Stellar Lumen Charges – Some services involve the use of the Stellar Blockchain, which require a payment of lumens for the service to be executed. Currently Mesh does not charge these fees to the client.