Sat Nov 23
Why is TFT token worthy of your attention and investment?
2020-09-12 8coint
Every year, there are always new hotspots in the currency circle, and new hotspots also represent new wealth opportunities. In 2019, we witnessed the IEO boom led by exchanges. Huobi tTOP took the lead in launching a wave of fierce attacks. , Rose 10 times, and other exchanges began to follow suit, driving a wave of bull market in 19 years.
Under the influence of the new crown of the epidemic this year, the market first experienced a tumbling price of a thousand points, and then began a Jedi rebound, hitting the ten thousand points market. Recently, the defi market has begun to drive the market to the sky. Everyone is mining and mining. Farmers are farmers, and they don’t care, but many friends who have not gotten into the car have been looking at whether there are good investment projects on the market. In fact, there is really one, and that is TFT.
TFT's vision is very broad. First of all, in the application and development of peer-to-peer electronic cash systems, TFT will take the lead in the field of peer-to-peer retail payment where BTC and other digital currencies have not yet been popularized and actually implemented, and will make digital currency peer-to-peer payment a reality.
TFT is committed to achieving a cash system that can replace the centralized technology mechanism that spans the entire crypto world. As the first peer-to-peer application payment system beyond the BTC ecosystem, TFT is based on the interoperability of the entire crypto world without a permission public chain. Facilities are shared to realize unlimited expansion of TPS in the encrypted world, and allow each transaction to choose a gas fee close to zero.
At the same time, TFT is still deploying decentralized exchanges, which are the trend of future exchanges. Binance and Huobi have both deployed in this area. Binance's decentralized exchange DEX uses a Cosmos-based public chain. In the future, the public chain with project party resources will implement decentralized transaction functions.
TFT will provide second-level or even millisecond-level transaction speeds for DEX on the BTC main chain ecology, and enable Bitcoin and other digital currencies that cannot define state processes to be intelligently contracted. All this will be achieved through a trustless FTF network with transaction fees approaching zero and TPS unlimited expansion. In order to encourage the development of the TFT ecological DEX industry application and the transaction demand brought by other point-to-point retail payment applications, of course excellent DEX applications also enjoy TFT application ecological incentive subsidies.
What is the main function of the TFT pass?
TFT uses innovative blockchain technology and ecological tokens to achieve:
1. Higher TPS, better liquidity, lower handling fees, and solve the problems of slow transfer of digital assets, expensive transfer, and inconvenience;
2. Separation of governance and ownership, data sharing and privacy protection, truly fair, just and open;
3. Generating nodes and super mining machines can share 52% of the TFTs produced every day, and the other 28% of TFTs are used for ecological incentives, which truly realizes community autonomy;
4. Really promote the development of global blockchain technology and the ecological landing of the blockchain industry, and truly use blockchain technology to get through eating, drinking, playing, clothing, housing, transportation, and realizing Web3.0 e-commerce+;
5. Use ecological resources to realize the establishment of supply chain finance and decentralized ecological exchanges, and truly solve the SCAM problem of DeFi;
Then let's look at the distribution mechanism of its tokens, because the distribution mechanism largely determines how much income early investors can get.
Total number of passes: 21 million
Seed and angel investors hold 1% of TFT, which will be circulated in the market early;
The remaining 99% of TFT certificates are issued based on the principle of fairness and openness, and the specific distribution is as follows:
1. Genesis node dividend pool: 6%, which is allocated by 2000 genesis nodes according to the degree of ecological contribution.
2. Free mining pool: 46%, combined with TFT mining working model and rules, obtained by 2000 TFT mining machines through consensus mechanism mining.
3. Ecological incentives: 28%, used to motivate core communities and ecological promoters with outstanding value, increase the landing scene and the number of users of TFT, and release them according to the ecological incentive policy.
4. The foundation holds on its behalf: 20% is held by the TFT Foundation for long-term project development and cross-industry cooperation; it is dynamically released according to the TFT project development index.
At the same time TFT has also established a creation node:
Participation threshold: 5000U/node; limited to 2,000 people; due to the hot market, a weekly premium of 20% starting from 9.14;
Participation progress: After the purchase of 2000 genesis nodes is completed, the road to freedom can be opened to produce coins
Among them, 6% of the daily currency production of the entire network will be distributed to 2000 genesis nodes as dividends
Other benefits of the node:
The first batch of mining machine agency rights, 100 overseas conference places, the first private customized poster promotion, attending the blockchain leader summit, global community office subsidies, global luxury brand discounts, etc.
In addition, the super mining machine also has extremely high profits in the early stage, and the threshold for participation is as follows:
The first batch of models includes T200 and miniT200; T200 physical mining machine price: 2350U; miniT200 cloud mining machine price: 500U, which is 1/5 of T200
After the start of the whole network of Freedom Road, 47% of the daily currency volume will be obtained by mining machines that start working on the whole network;
To become a miner needs to meet two conditions at the same time:
Purchase T200 physical mining machine or miniT200 cloud mining machine;
Put 2000U worth of TFT into the black hole address and destroy it
Description:
1. The miniT200 mining machine is issued by the official physical mining machine one by one, which reduces the threshold for miners to participate;
2. The number of physical mining machines is limited, and miners need to queue up for purchase in advance;
3. Fujian Longyan Mine (with 80,000 Bitcoin mining locations) will provide power and hosting site support for super mining machines
It is noteworthy that
In September of this year, the TFT Freedom Road ecological exchange based on the TFT Freedom Road main chain was launched, with a comprehensive layout of DeFi and Web3.0 commercial applications. At the same time, the TFT main chain test network and main network entered the online stage and completed the switch;
In October 2020, the whole network of Freedom Road started to produce coins, and the creation nodes and super mining machines began to enter the ecological governance and mining to obtain benefits; at the same time, the commercial application of "blockchain + new retail e-commerce" began to go online and launched The provincial and municipal agency plan promotes the full development of parallel transactions and commercialization of assets on and off the chain; multiple commercial scenarios based on the TFT free application chain are gradually launched at the same time, and the value of TFT tokens is promoted through commercial transactions and commercial landing, and realized After the TFT business ecology is fully profitable, it will be voted by the TFT community committee to further buy back TFT with commercial profits to achieve eternal deflation
Are there any big-name companies cooperating with TFT?
All the well-known companies and projects in the above picture have reached different depths of cooperation with TFT in different fields. I believe that in the near future we will witness the take-off of a new project! We will wait and see!
source:http://www.8coint.com/2020/09/why-is/
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