1. Blockchain

TinkerNet Parachain

Disclaimer: This is a user generated content submitted by a member of the WriteUpCafe Community. The views and writings here reflect that of the author and not of WriteUpCafe. If you have any complaints regarding this post kindly report it to us.

Greetings to all lovers of exploring new projects for investment!
Today I want to share with you one of the most (at the moment) worthwhile projects – TinkerNet Parachain. This is InvArchNetwork's canary network.
If you're not already familiar with InvArch, be sure to check out the basic idea behind this team.

What is this parachain for?

TinkerNet Parachain is ready to provide full decentralization, value and structure for the innovative ideas of users who want to use this blockchain in the future. The guys have implemented it in such a way that developers who have not yet worked with TinkerNet will not find it difficult to switch to this blockchain. I will not go into details, there are a lot of technical points, if you are interested how exactly it is implemented, you can read their articles on the subject.

I am sure you are already familiar with this article, which tells about the allocation of tokens for all categories of the project.

It goes into great detail about each percentage that the team allocates to a particular cause.
The total number of these tokens equals $11,700,000 TNKR.
“Wow,” you might say. A lot of those tokens will go to reward the team that works to promote the project, implement new ideas and technologies and support a dedicated community.

The team of these guys is quite strong, I am talking about developers and engineers, not to mention the active community. These guys help a lot in testing new functionality before the release of the product and actively promote the project on their tweets, creating works on the subject of the project and help in the development of the network at the grassroots level.

Ambassadors spend 5% of the total token box office to support them. This is actually a very large amount that is paid to the team for their work.

Some 20% of the tokens will be given out retroactively and distributed for the previous contributions of past and current ambassadors. The other 80% of the tokens will be allocated as a reward for future ambassadors in the program.
All tokens that an ambassador receives will initially unlock 10% of their allocation and the remaining 90% will be distributed linearly in blocks over the course of 1 year. Which eliminates the possibility of selling a large amount of tokens on the market immediately after listing on the exchanges. The team in such a case acts very wisely.

Login

Welcome to WriteUpCafe Community

Join our community to engage with fellow bloggers and increase the visibility of your blog.
Join WriteUpCafe