How the Various Components of the Tecra Ecosystem Work
How Do You Actually Generate Benefits Using the Tecra Ecosystem?
Every project launching a fundraising campaign issues its own tokens, which we refer to as project tokens. While fundraising is running, tokens can be purchased using our TecraCoin cryptocurrency and ETH/USDT to support the project. The project token represents the proof of agreement with the creator, as well as carries crypto-capital value. This is because tokens represent early-stage startups and will be tradable on our decentralized Tecra DEX exchange at the beginning of 2022. Project creators are also contracted to spend a certain amount of their revenue to repurchase tokens from the market once the project enters the commercialization stage.
So what does this all mean? Let’s take the example of the photovoltaic farm project of Expanse Plus, whose campaign has already been launched on our platform. During the fundraising, SUN tokens can be purchased to support the project. Once the project reaches its softcap, the project implementation phase will begin. It will obligate the creators to contribute 80% of their revenue to repurchase the tokens from the market over a period of 15 years. Repurchases will be conducted quarterly and will start in the first quarter of 2022 on Tecra DEX.
How do you benefit from having project tokens?
Tokens of real companies will be traded on DEX, and some will be re-purchased by project developers after the successful fundraising.
In addition, token holders can benefit from the bonuses offered by the Tecra Space platform. 3% of the funds raised during the campaign will be distributed among the token holders, and 2% will be designated for burning native TCRs from the exchanges, which will ultimately increase their market value.
New Type of Crowdfunding on the Tecra Space Platform
Tecra Space platform was created for creators who are looking to fund their unique projects in various emerging industries that are changing the world for the better. Our platform not only gives creators a chance to realize their projects, but also offers investors the opportunity to be a part of the most interesting projects with high commercialization potential.
Tokenization on the Tecra Space platform offers investors tokens with real value. The project tokens represent promising early stage startups. This tokenization solution provides an alternative to tokens, such as meme coins, which are currently flooding the market but represent no tangible value.
Project tokens will be traded on our own decentralized exchange, Tecra DEX. The exchange will be launched in early 2022.
The value of the cryptocurrency is directly linked to the success of projects on our crowdfunding platform
This means that the price of the coin will increase over time, along with the number of projects that successfully complete their fundraising. Holders of TecraCoin can trade it on both CEX (native TCR) and DEX (TCR on the ERC-20 blockchain). TecraCoin is currently available on the Hotbit and Uniswap exchanges.tecra
Native Blockchain
The native blockchain was created to implement Tecra’s core projects, such as our own cryptocurrency TecraCoin, Tecra Space tokenization platform, and the decentralized exchange Tecra DEX.
Max supply:
210 000 000 TCR
Current supply:
78 838 790 TCR
Burning coin address:
Check it out!
Burned coins:
200 001 TCR
Bridge
This is a gateway that converts native TecraCoin to TecraCoin on the ERC-20 blockchain, which is compatible with the Uniswap decentralized exchange. The gateway is available only on our platform. You will need to pass KYC verification in order to make an exchange. A weekly conversion limit has also been introduced.
To avoid coin duplication, creating new TCR on ERC-20 will result in an equal number of coins being burned on the native Tecra blockchain.
Native coins and tokens on ERC-20 are not duplicated. This means that any native coin transferred to ERC-20 will be burned at a 1:1 ratio.
Bridge tracking address:
https://etherscan.io/address/0xbb2f6c21d41b15db597cb9dae3fcbd5424727737
Limits on conversion:
Maximum of $500 worth of TCR can be converted each week. The limit is reset every Monday.*
Passing the KYC verification — instruction.
*A person buying TCR after May 7th 2021 on our platform can exchange them without limit.
Ethereum Blockchain
In order to globalize our project, we created a token on ERC-20 that mirrors TCR on the native blockchain. Thanks to this solution, we are able to integrate much quicker and easier with new exchanges.
Max supply:
1 000 000 TCR
Current supply:
200 000 TCR
