How it works.

You sign one transaction. There is no pool until someone opens one later.

Name the account

The token is a NEAR account under yours, such as spud.you.near. If that name is taken, the press stops.

Your wallet creates the account, locks NEAR for the bytecode, copies your full-access key, and calls new. SPUD never holds the key.

The whole supply starts with you. A receiver needs a storage deposit before they can be sent tokens.