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.
source https://news.bitcoin.com/tothesmart-is-transitioning-to-its-own-token-what-is-the-tts-token-phenomenon/
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