Asset tokenization is reshaping finance and supply chains. Asset tokenization market is estimated to be worth over $1.5 trillion, driven by growing demand for transparency, liquidity, and fractional ownership. Looking ahead, this market is expected to exceed $10 trillion by 2030, fueled by the adoption of blockchain across finance, real estate, and supply chains. Similarly, the food traceability market, now over $30 billion, is projected to surpass $50 billion, highlighting the urgent need for secure and trackable asset systems. Starting on a testnet is the safest and smartest step before going mainnet—ensuring reliability, functionality, and compliance.
In this post, you’ll learn step-by-step how to tokenize on testnet before going mainnet, discover key tools, and understand why it matters for food traceability and broader asset tokenization goals.
What is asset tokenization? It’s the process of converting physical or off-chain assets—like real estate, vehicles, or agricultural produce—into blockchain-based digital tokens. These tokens encode ownership, rights, or fractional shares. Through tokenization, you unlock new liquidity channels, increased transparency, and automated execution via smart contracts. The concept powers innovations such as food traceability, decentralized finance, and investment platforms.
Before releasing tokens on mainnet, developers should always test on a testnet. A testnet provides:
Moreover, testnet ensures your token behaves as intended once you go live, particularly if you incorporate food traceability logic.
Follow this seven-step process to fully tokenize on testnet before launching on mainnet:
First, sign up for a trusted tokenization platform like Spydra. After registration, you gain access to token deployment tools and testnet options.
Next, choose Polygon Amoy as your test network. This testnet offers low gas fees and fast block speeds, perfect for rapid development and iterations.
Connect a Web3 wallet (e.g., MetaMask) to the platform. Approve transactions when prompted. This step links the tool’s dashboard to your testnet identity.
Input details including token name, symbol, total supply, and decimal precision. You can also set custom permissions for minting, burning, or transfers.
Incorporate asset metadata that supports food traceability—batch codes, origin info, and compliance dates. Detailed metadata helps support audits, recalls, and consumer transparency.
Click “Publish” to deploy your token to Polygon Amoy. After the transaction confirms, you receive a contract address. Your token now lives on-chain in a sandbox environment.
Use the dashboard and APIs to test transfers, approvals, and balances. Simulate edge cases like unauthorized transfers or metadata updates. Collect feedback, tweak parameters, and redeploy until you're confident.
Why Food Traceability Needs Tokenization
Better food traceability is a priority: consumers demand transparency about their food’s journey from farm to table. Tokenization enables:
By testing food traceability on testnet first, you can confirm metadata accuracy, token lifecycle, and stakeholder workflows.
These stats highlight the massive opportunity in tokenization—especially when you test before going live.
Once testing delivers confidence, migrating is simple: select your desired mainnet (e.g., Polygon, Ethereum, Binance Smart Chain), reuse configurations, redeploy your token, and finalize. Your testnet insights ensure smoother deployment, fewer errors, and faster go-to-market.
Tokenizing on testnet before going to mainnet isn’t optional—it’s essential. By following this seven-step guide you:
Moreover, by focusing on food traceability and asset tokenization, you ensure your tokenization project meets practical use cases and regulatory expectations. The market is expanding rapidly—so testing first sets you up for success.
1. Can I test NFTs on Polygon Amoy?
Yes—testnet supports both fungible and non-fungible tokens.
2. How long does it take to deploy?
You can configure and deploy in under 15 minutes if metadata is ready.
3. Is testing free?
Yes—testnet gas is essentially free, making it cost-effective for experimentation.
4. Can I simulate complex token logic?
Definitely. You can test permissions, minting limits, metadata updates, and more.
5. How accurate is food traceability testing?
Very. You can log and test detailed batch metadata, timestamps, and event tracking.
6. What’s next after testing?
Simply switch to mainnet, re-deploy using the same setup, and go live with validated logic.
