Show HN: Create a custom app coin on the Bitcoin blockchain

Hi HackerNews,<p>I&#x27;m a Bitcoin Engineer at Assembly. I&#x27;ve built a Colored Coins implementation on the Bitcoin Blockchain to track partner&#x27;s ownership of products they build collaboratively.<p>As cryptographically secure tokens, Assembly Coins can be transferred with the same ease as Bitcoin with none of the currency risk. You can cryptographically demonstrate your ownership over businesses, earn royalties, and be an owner from anywhere.<p>Check out the API docs for some cool curl commands to get started. Or sign up and get free Assembly Coins.<p>You can see existing the Assembly Coins distribution, wholly derived from the Blockchain, here: <a href="https://coins.assembly.com/colors/39u6BdXu8e3aNU8yoMSsVHHvQynLVuktZw" rel="nofollow">https:&#x2F;&#x2F;coins.assembly.com&#x2F;colors&#x2F;39u6BdXu8e3aNU8yoMSsVHHvQy...</a>

Misread the title to be &quot;Create a Custom App on Bitcoin Blockchain&quot;. I&#x27;ve been dreaming up a framework which allows developers to create applications that use a single point of truth that&#x27;s not centralized. With my limited understanding of the way Bitcoin works, it seems like a good system to model after.

This would be great except the 2 cent transfer cost seems high.