What Is TNC Coin (TNC)?
TNC Coin is TNC IT Group's pilot initiative in crypto. Apart from being the official cryptocurrency of TNC, it is also an enhanced version of a third-generation mainnet built to fulfill the needs of hundreds of crypto firms. As mentioned in the whitepaper, TNC Coin is a blockchain network equipped to handle 300,000 transactions per second (TPS) with block generation methods developed to address difficulties in current blockchain systems. TNC Coin also functions as a separate entity from TNC Group. It is a startup that primarily provides security intended for the demands of creative fintech and crypto companies. Besides this, the platform aims to promote and implement blockchain technology to various organizations, including governments, banks, schools, and established businesses, through the TNC network.
TNC token is an essential component of the TNC ecosystem's transactions and operations. TNC serves a specific purpose as a digital currency. It is used in an open-source network where developers can fork and create TNC-21 standard tokens.
Furthermore, a Coin Holder (CH) in TNC is a person who owns TNC coins (TNC) or dApp tokens. CHs can vote up to the whole value of the coins and dApp tokens in their possession. They can use the internal exchange to exchange tokens from the dApp in which they are engaged for TNC Coins or tokens from other dApps. Apart from this, under favorable conditions, all TNC CHs have the opportunity to participate in the dApps launched on TNC. They can use the internal exchange to exchange tokens from the dApp in which they are participating for TNC Coins or tokens from other dApps.
History of TNC Coin (TNC)
The TNC IT Group introduced and launched TNC Coin. TNC IT Group is a legally recognized company in Dubai, United Arab Emirates, founded in 2018. Apart from this, Jon' DRJ' Najarian is the Non-Executive Chairman of TNC IT Group. Jon worked as a floor trader for 25 years. He is a CNBC host, a professional investor, money manager, and stock and cryptocurrency markets expert. Jon created HeatSeeker Technologies, a patented trading tool, and algorithms for detecting unusual activity in the stock, options, futures, and cryptocurrency markets. MarketRebellion.com, Jon's subscription and education website, often publishes his market views and trade advice.
