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Foreign blockchain token

Publish: 2021-05-29 08:30:22
1. I've learned about this TTC project and participated in the activities. The main network of this project just launched this year is also making wallets. It's building their own TTC ecology, payment, social networking, advertising and so on. It's a big game of chess

I understand that their ecological goal is

master-slave chain structure
the main chain is used for asset trading, with high security requirements; The slave chain is used for data transaction with fast speed

payment solution
the solution for TTC asset transfer. By accessing the TTC payment SDK, anyone can take TTC as a new payment method

win-win ecosystem
TTC is committed to building a stable ecosystem for super nodes, voting users, DAPP developers, users, users, etc Businesses provide value

TTC connect
TTC connect builds a bridge between users and TTC, users can transfer assets, reward synchronization, vote for super nodes, pay with TTC, etc.

TTC is a blockchain solution for large transaction volume and a sustainable token economy model. In foreign well-known market website coinmarketcap and domestic well-known market website non small can query<

TTC is developing rapidly. In March this year, TTC released version 2 of TTC white paper, launched TTC main network and launched TTC connect. In addition, TTC has already been online in major exchanges, such as upbit, the largest exchange in South Korea, coinzest, tokocrypto, bitrex, bibox and bitforex

consensus mechanism is the core of blockchain. After decades of development, consensus mechanism has derived a variety of consensus algorithms from the initial single workload proof pow, such as asset proof mechanism POS, proxy asset proof mechanism dpos, Byzantine fault-tolerant algorithm BFT and so on. Each consensus algorithm has its own advantages and disadvantages. TTC platform is designed to deal with large-scale transactions and support rapid verification. It uses multi-layer bft-dpos as the consensus mechanism

multilayer BFT dpos is a consensus algorithm based on dpos, and a series of super nodes generate blocks on behalf of all users, which improves the speed of transaction confirmation through BFT mechanism

this is the most I know, many of them are seen on the website, I hope it can help you;
2. The development of blockchain technology is obvious to all, but there are essential differences between blockchain coin and virtual coin. It can be considered that blockchain projects developed with entity pain points have specific landing applications and entity support, and blockchain tokens issued with entity pain points still have certain value support; If there is no specific entity and application to support virtual currency, it is just air currency and has no value, then the risk is relatively large.
3. It's said that bgcc is being speculated in foreign blockchain exchanges, so it should be realized in foreign exchanges. We'll start with a little bit, and then we'll make a move. The market value of this bgcc is only 1 yuan now. It is estimated that it is not difficult to increase it 10 times.
4. There are not too many reliable domestic digital currencies. Generally, most excellent digital currencies are imported procts, such as bitcoin, Leyte currency, ether currency, etc
however, Yuanbao coin, Ruitai coin, bitcoin and the tokens of different crowdfunding projects in Europe are excellent digital currencies.
5. The fourth type of blockchain project is asset token project. What are the characteristics of asset token project? What are the typical representatives
the fourth category is the asset token blockchain project. Asset token refers to linking blockchain assets to physical assets such as gold and US dollars. It is the blockchain mapping of physical assets. At present, there are no more than 10 varieties. The typical representative is usdt against US dollars, digix Dao against gold, digix. Each token represents 1 gram of Gold Certified by London Bullion Market Association
asset token has the advantages of convenient transaction and storage. First of all, asset token is more convenient for transaction. Because blockchain assets can be split, it has better liquidity. For example, at present, real estate needs to be transferred as a whole. If the real estate can be token, it can be split and purchased, which is more convenient for transaction
secondly, the token of physical assets is more concive to custody. Gold is easy to wear out and cause losses in physical transactions. However, after the token of physical assets, there is no need for physical transfer, which is more concive to the custody of physical assets.
6. There are many blockchain content projects in China, such as coin, stemmit, etc. However, aqua is a relatively distinctive blockchain content project. The owner can download its DAPP to observe its difference from other projects. It is very creative in terms of publicity, objectives and functions. I hope it can help you.
7.

As the activity center of Asian blockchain trade, Singapore has become the third largest country of ICO projects in the world. Singapore's policy and attitude towards ICO: in the environment that many countries around the world have not yet made clear their supervision of blockchain and cryptocurrency, and the central bank has once again issued a voice that is still strictly prohibited, Singapore seems to be a hot spot for the development of blockchain. As the most digital currency friendly country in Asia and the third country in the world in ic0 financing, The Singapore government supports the blockchain technology behind the token and its development potential, but does not support it as a circulating currency or an investment asset at present

MAS in Singapore has been paying close attention to local financial technology including blockchain and token, and has continuously issued various regulatory measures and risk warnings to investors. At present, MAS has issued two new laws, which include both non security and security token into the regulatory framework. First, the regulatory framework will include the securities cryptocurrency trading platform into its regulatory framework to cater for the emergence of a new trading platform business model; The second is the "Payment Services Act", which will bring other non securities cryptocurrency trading platforms into its regulatory scope and require the platforms to take preventive measures against KYC, AML and CFT

ways of ICO project compliance:

  1. the advantages of the registered entity [Singapore foundation] are: (1) the foundation has no shares or shareholders, so it can't pay dividends. Therefore, the funds raised by the blockchain are managed by the foundation and will be used for the project completely, and will not be shared by members 2) The foundation has a tax exemption policy. As long as there is no cash or surplus at the end of the year, there is no need to pay tax. It's a zero tax return. Therefore, the Singapore foundation is the preferred entity to issue tokens for financing. It is also an organization with credibility in the world. The supporting legal documents issued by Singapore lawyers guarantee the non securities nature of the token issued by the project, and file the project with the government in the name of lawyers

  2. legal compliance: the supporting legal documents issued by Singapore lawyers guarantee the non securities nature of the token issued by the project (audit white paper), and file the project with the government in the name of lawyers. 3. Operation and audit implementation of the foundation

8. Nowadays, under such a loose economic regulatory environment in Singapore, it is very important whether the nature of digital token issue has non security attribute. 9.19 at the Singapore coindesk consensus conference, there are three types of tokens in Singapore: application token, payment token and security token. The regulations on the supervision of various tokens are also different
the monetary authority of Singapore has also announced an important piece of good news - it is testing the central bank currency based on blockchain technology and can be used for inter-bank settlement. For project investors, there is a shortcut to how to issue blockchain technology tokens in Singapore: register the Singapore public non-profit foundation to prove that the token is non securities, and then issue it.
the process of registering the Singapore foundation is as follows:
1. Provide the English version of the name of the foundation, and use it after passing the name search
2. Provide the ID cards of three registrants, one of whom is required by the registration board to be a director of Singapore nationality
3. Registered address in Singapore
4. Business scope of the foundation (optional)
5. Registered capital: S $1, no capital verification
6. Registration time: 10-25 working days
in addition, the Singapore registered foundation also needs a local business secretary, lawyer and auditor. After the foundation is registered, it needs to make legal compliance for the issued token, that is, to prove that the token does not have the nature of securities and futures, which can better prevent the supervision of the HKMA.
9. ICO is mainly to make money, and then the promotion needs to spend money. It depends on your own plan. If you are making tokens, you can get hundreds of thousands of dollars, and if you are making public chains, you will get millions.
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