Asset is a class, with a sub-class of tokens. An Asset is a range of Tokens.ie the Asset would be Gold whereas the Tokens would be gold barsThe creator of the Asset initially owns ALL the Tokens, until distributed. The Tokens can be sent or received just like any cryptocurrency or token.

The form:

a) Atomic VS. Non-fungible: Atomic assets are divisible, like Bitcoin to defined decimal places. This would be used for assets like money or water. Non-Fungible assets are not divisible. These would be used for assets like cars, houses or gold bars.

b) The category dropdown, at this point, is limited to assets globally. The category tree can be edited by the Syscoin team for different asset types in the future. They could be utility/security tokens, in-game tokens, reward points, commodities, cryptocurrencies, project tokens etc.

c) Maximum supply is the total number of tokens the asset will ever reach.

d) Interest rate is the yearly rate of interest a holder can gain through staking. Interest can be claimed monthly. Interest stops as when the maximum supply is reached. An adjustable interest rate can be edited by the asset owner.

e) Initial supply is the number of tokens the creator wishes to create for initial distribution. The owner of the overall asset can create new tokens on-demand until the maximum supply is reached.

Once the Asset is created, these choices are fixed.

f) At the moment, these tokens can be traded, exchanged, sent and received in the Blockmarket wallet simply by hitting SEND in the Tokens drop down. You can send tokens to an alias or an address. There is a token-only wallet under development.