With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, TecraCoin, a platform created by the blockchain-based Tecra Ltd company to streamline every transaction and will increase the benefits of blockchain technology to be enjoyed and reached by everyone in a broad market has arrived.
"Now, the number of cryptocurrencies and exchange platforms are increasing each year. Currently, there are 190 exchanges, compared to 70 exchanges three years ago, on 15 March, 2015. Demand to buy and sell is also growing as the number of cryptocurrencies and trading platforms increase.
There are currently 1,568 different cryptocurrencies available, as at 21 March, 2018. This breaks down to 654 tokens and 914 coins. It all started with bitcoin, which was first released on January 9, 2009, and various versions launched in the following years. The first experiments in altcoins started happening in 2011 with Namecoin, iXcoin, SolidCoin and others being developed and released. Litecoin followed soon after in the same year.”
With that being said, the goal is to streamline this irreversible process and mark the role in transforming the civilization. As the Tecra team, they have created an Internet platform for raising capital that will support the commercialization of high end technologies protected by patents. By using a Blockchain-based distributed ledger, they can guarantee the transparency of the investments based on TecraCoin.
But before we go any further, please check out this video presentation to get even more acquainted
Now that I have your attention, let’s get right to it.
What exactly is TecraCoin?
As depicted above and as indicated on the official website of TecraCoin, TecraCoin is a platform created by the blockchain-based Tecra Ltd company to streamline every transaction and will increase the benefits of blockchain technology to be enjoyed and reached by everyone in a broad market.
The mission of Tecra team is simple, to create a platform that will be responsible for raising capital that will encourage commercialization of high end technologies protected by patents. This is exactly what TecraCoin is all about, a platform, powered by blockchain technology, that guarantee the transparency of the investment based on TecraCoin.
The idea behind TecraCoin is to bring together scientists, investors and blockchain community (of miners), Identify the inherent issues they are facing and adequately provide solutions to these problems.
Tecra team realized that scientists, investors and blockchain community are facing problems such as comercializing patents because of restricted access of capital by scientists, limited trust issues on the part of investors to the world of science and new technologies as well as lack of space for safe investment in high end technologies, and on the part of blockchain community, several blockchain-based projects and cryptocurrencies that offers next to nothing in term of real benefits, etc.
Solution Offered by TecraCoin
TecraCoin offers solutions to the inherent issues that scientists, investors and blockchain community are facing;
For scientists, Tecra team will create platform for the purpose of welcoming different ideas that scientists may have. These ideas are then subjected to verification by Tecra scientific team, and through community voting, the best of the bunch out of these projects will be directed to commercialization.
Investment in Graphene
One of the important things from this platform is an investment in graphene. This is considered as a technology which can be commercialized easily. Due to this finding, the developer has patented production methods. Later, this material is able to use in a variety of applications such as the making of motorbike helmet, polymer fiber, and water ultrafiltration membrane.
Tecracoin is not only developed for the benefits of the users but also for all people around the world. For example, this platform has developed a new technology known as white light in which it is useful for agriculture. There is also a technology known as high-power lighting to reduce emission problem. Later, high-power lighting can be applied in the street, sports halls, and any kind of large areas.
Another benefit of using Tecracoin is on its flexibility in offering an investment. For example, the investors are able to take the early investment at the lowest price. Moreover, you can also increase your ownership by running master nodes. By using this investment, the investors are helping the developer to build the infrastructure to run the blockchain and platform maximally. Even, you can choose to be a small investor. As long as you care about high-tech inventions, you are allowed to join the investment and use the platform.
This platform is supported by blockchain technology, the users will be supported by cryptocurrency or token. In specific, the users are using TCR tokens which can be used to develop the projects offered by the platform.
Rewards and a Safe Wallet
The users get more benefits and one of them is rewards. There will be a variety of rewards based on the projects. Moreover, the users are supported by a new wallet design. The wallet is compatible with mobile, desktop, and website. The improvement is not only for a comfortable investment but also for a safe investment.
Finally, the users can get what they want when they are investing through this platform.
About TecraCoin ICO
Currency code: TCR
Currency name: TecraCoin
Consensus algorithm: PoW
PoW block reward: 112.5 TCR lowering very halving period by 50%
Halving interval: 840000 blocks, ~4 years
Block time: 2.5min (DGW3)
Total Coin Supply: 210 000 000 TCR
Coins in premine: 21 000 000 TCR
Tnode requirement: 10 000 TCR
Tnode reward activation block: 600
Block Size: 2MB
Recommended number of transaction confirmations: 24
Proof-of-Work algorithm: Lyra2z: Blake256 first round and Lyra2 (timecost = 8, r=c=8)
Features: Zerocoin, Masternodes (PoSe)
MEET THE AMAZING TEAM
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
For more information, please visit:
ANN THREAD: https://bitcointalk.org/index.php?topic=5059685
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2487106
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.