Digital currenicies are often called cruptocurrencies due to intricate technical details related to cryptography, but it did not start here. When looking back ta human history, from the cowry shells of the Asian region to the first coinage in ancient kingdoms, mankind first saw printed money in meideval times. This breakthrough was followed by modern-day electronic vision of money. Today, there is an international banking ecosystem, which consists of banknotes, credit/debit cards,derivatives, stock, bonds and much more. It was a combination of human ingenuity and societal commitments that drove the need to come up with innovative solutions to tackle the most intricate concept of human interaction handling the exchange of value. Cryptocurrencies represent the next level in the evolution of money. The technology behind this new from of money called blockchain. It is entirely drivwn by math and is completely decentralized. Most notably, unlike all previous forms of money. Cryptocurrencies are not able to be manipulated. It is essentially money 2.0.
Blockchain is experiencing a period of exponential growth and adoption, not unlike the collective transition towards internet use in the 90's. Established in 2008, Bitcoin is a cryptocurrency based on blockchain. In just a matter of years, it has become a legimate and tradable commodity on a global scale. It has massive liquidity with billions of dollars of Bitcoin traded and used daily. This exceeds the GDP of many sovereign nations. In fact, the market capitalization of Bitcoin now exceeds that of Goldman sachs. There are 16 million Bitcoin in circulation among thousands of holders. Bicoin is only one of the more than 850 cryptocurrencies available for people to buy, use and trade. these other coins are known as altcoin. Many are based on the Bitcoin platform. others on highly liquid Ethereum and Litecoin. The features of the coin vary widely from practical to practically useless depending misalignment in the metamorphic shift ti digital currencies.
The TokenPay Project
TokenPay is blockchain project that incorporates Bitcoin cryptographic technology with advanced security and privacy reatures. Additionally, TokenPay is buiding out a platform that combines banking and a closed-end private exchange. This enables wider adoption of the coin via consumer and merchant services. Developing a TokenPay coin and the infrastructure to support its everyday seamless use is a crucial step.
Allocation of Funds
The following graph is an estimate and will change depending on the tiers achieved in the fundraising of the token sale.
Distribution Details
- A total of 25 million coins have been created for the TPAY coin. No more coins can be created once the 25 million has reached full circulation.
- 57% of all TPAY tokens to be created for purchase by yhe public in the TPAY initial token sale under the ticker symbol TPAY. All unsold tokens will be kept in a reserve for fiture sales.
- 25% of tokens will be offered to the community via Proff-of-stake
- 10% will be retained by TPAY's founders and locked up for 1 uear, as a gesture of commitment to the purpose and project.
- 5% will be for current and new team members and executives and will be locked up for one year, The remaining
- 3% of TPAY tokens to be created will be retained for marketing, bounty payments and advertising.
TPAY Token Sale Summary
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Ticker Symbol
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TPAY
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Start
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December 7th 2017 10:00 hrs NYC time
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End
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January 17th, 08:59 NYC time
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Total amount of coins
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25,000,000
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% coins to be sold for network and Bank Charter
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57%
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% of coins to community via Proff of Stake
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25%
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% of coins to founders and execs (1-year lockup)
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15%
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% of coins for Marketing, Bounty, Ads, etc.
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3%
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Target Amount sold
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2,500 BTC
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Minimum amount to accept
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.01 BTC
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Wallet features
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Full tor network integration
Dual-stealth address
Zero-knowledge Proff
Ring signatures
Secure communication interface
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Proof of stake awards for first year, thereafter, variable
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5%
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Early bird bonus
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Variable
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Accpeted currency for token sale
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BTC only
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The tokens will be delivered to the purchase after purchase. Transferability will satrt from the first day of trading, which is planned to start from 15 business days to 30 business days from the completion of the token sale.
MORE INFORMATION
Created by: 15persenlucky
Profile Link : https://bitcointalk.org/index.php?action=profile;u=1210666
ETH address : 0x1997B312D6e9cB863f939f9a7cEa3A36Ec185E69
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