Skip to main content

TOTHESMART Is Transitioning to Its Own Token What Is the TTS Token Phenomenon?

PRESS RELEASE. TOTHESMART is a PlayToEarn mining farm built on Binance Smart Chain blockchain. The project works on decentralization principles and believes that the best way to develop community and promote blockchain industry in Mass Adoption is a game engine with open rules of the Game prescribed in blockchain.

The project was released more than 200 days ago. We’ve already wrote about it in a previous press release.

TOTHESMART uses stable BUSD token to interact with smart contract mining farm, but due to a series of high-profile negative events related to Stablecoin and its decoupling from USD exchange rate TOTHESMART decided to switch to its own token TTS built on Binance Smart Chain.

The main idea of token is decentralization and fair distribution of tokens among blockchain enthusiasts community.

Thus, 80% of the maximum issuance of the TTS token is inside the Play to Earn smart contract of the mining farm. These tokens can only be obtained by purchasing virtual miners and selling namained tokens for real TTS tokens.

10% of the tokens were sold in a private sale with a 25% monthly split.

5% are team tokens that will be unlocked monthly for 20 months.

1% of the tokens have already been locked into the liquidity pool until 2107.

The remaining 4% were distributed to the community in the form of Airdrop. They can only be spent to purchase Tothesmart virtual miners.

The TTS token is already available on PancakeSwap

Binance Smart Chain

Slippage for buying and selling on DEX – 12%

The distribution is as follows:

5% is sent to the Play To Earn TOTHESMART smart contract for additional user rewards.

2.5% is burned. This deflationary model allows the issuance of tokens to decrease over time and thereby increase their value.

2.5% replenishes the TTS token liquidity pool

2% – replenishes the marketing and advertising fund of the TOTHESMART ecosystem.

TOTHESMART is committed to

build an international healthy community of blockchain enthusiasts and implement new products needed by the market.

One of the planned products is ido startup site where users can get important information about new cryptocurrency stratagems in a game-like manner and participate in IDO and Airdrop token allocation.

More info

Website – http://ttsfarm.com

Audit – https://hazecrypto.net/audit/tothesmart

Telegram feed – https://t.me/tothesmartofficial

Community chat – https://t.me/tothesmartofficialchat

Twitter – https://twitter.com/tothesmart

 

 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.



from Bitcoin News https://ift.tt/9tdqniJ
Labels:

Comments

Post a Comment

Popular posts from this blog

Deep Web Roundup: Dream Adds Monero and Bitcoin Tumbler “Chip Mixer” Launches

The darknet has been quiet of late, which is the way it’s meant to be. No news means no mega busts, honeypots, or mass market shutdowns. Even when it’s out of the spotlight though, the deep web is quietly making news, whether trialling the latest privacy coins or the newest coin mixers that promise to restore a little of the privacy that’s being stripped away from bitcoin users on a daily basis. Also read: U.S. Agency ICE Conducts Investigations That Exploit Blockchain Activity The Battle for Privacy Heats Up Privacy is all relative, but of late there’s been relatively little privacy to be enjoyed by bitcoin users. Blockchain monitoring software is becoming more sophisticated and more common, with U.S. law enforcement agencies using it to profile and hunt down deep web users. Chip Mixer is a relatively new bitcoin tumbler that’s designed to restore some of that privacy. Available on both the clearnet and darknet, the service uses a variety of techniques to obfuscate blockchain m...
10 comments
Read more

Ombudsman Receives Complaints About Crypto Investments in Spain

The Spanish ombudsman has been receiving complaints about cryptocurrency and how some Spanish citizens investing in these vehicles have lost everything. In his annual report, Angel Gabilondo recognized the rise of cryptocurrencies as a new problem due to the little or no regulation crypto sees in the country. In the same way, the EU has also warned about these assets recently. Spanish Ombudsman Gives His Take on Crypto Angel Gabilondo, the Spanish ombudsman, has given his take regarding cryptocurrencies and the effects they have on citizens investing in some of these projects. Gabilondo said in his yearly report that cryptocurrencies have become “a new problem” during the year examined, with many people having lost all of their funds invested. The report states : Cryptocurrency exchange companies or platforms are not regulated in the legal system, are not subject to any public supervision system, nor do they benefit from deposit guarantee systems. The affected users that sought...
Post a Comment
Read more

2021 Bitcoin Price Predictions: Analysts Forecast BTC Values Will Range Between Zero to $600K

As bitcoin has touched new price highs on Thursday nearing the $50k handle, people have been curious as to where the price will go in the future. Meanwhile, despite the gains so far, a number of luminaries, analysts, executives, and proponents from the crypto space believe the leading crypto asset will reach between $60k to six-digits this year. Mike Novogratz Predicts $100K Bitcoin: ‘Other CFOs and CEOs Are Saying, What Should We Be Doing?’ Satoshi Nakamoto’s invention has gained mass appeal in recent times as the leading digital asset bitcoin ( BTC ) has reached its highest value ever in 2021. On Thursday morning (EST), BTC spiked to an all-time high (ATH) at $48,697 per unit. Earlier in the morning at around 2 a.m., bitcoin was exchanging hands for $44,485 and saw an 8.98% increase since then. At the time of publication, at 6:30 p.m. (EST) on February 11, 2021, bitcoin (BTC) is swapping for $47,821 per coin. With BTC so close to the $50k mark, people have been forecasting ...
Post a Comment
Read more