Among the absolute most exciting blockchain projects of as soon as is Ternoa web3. Their mission is to make a decentralized, secure, and fast network. The team behind the project is spending so much time to ensure this may become a fact, and they’re not reducing anytime soon. The platform offers numerous features, including Alpha SecretNFT Marketplace, Time capsules, and a small business model that rewards users with game tokens.
Time capsules
Utilizing the Ternoa web3 blockchain platform, users can store and send digital memories and other important data in the proper execution of time capsules. These time capsules are stored in a decentralized and secure system, guaranteeing integrity and confidentiality. This makes them a perfect method to preserve valuable memories.
A team of experts have now been taking care of this project for yesteryear two years. They have been building a user-friendly app that may allow users to create and send time capsules.
The application form is expected to be released next several months, and it will offer users a wide selection of functionalities. It enables them to store and send their data, and even manage the CAPS tokens.
Ternoa is built on the Polkadot protocol, allowing Ternoa to speak with other blockchains. It can be open source, allowing developers to customize the protocol.
Alpha SecretNFT Marketplace
Having just launched the alpha version of their SecretNFT Marketplace, Ternoa has a lot to offer artists. The platform has numerous features that may enable artists to issue authenticated digital artworks. It even offers an impressive staking function that may allow Cap token owners to generate passive income. Industry is still in a experimental phase, however it is going to be ready to accept the general public in the future.
Designed as a data storage and transmission blockchain, Ternoa uses multi party cryptography and SGX secure enclaves. Its CAPS token is employed to purchase storage capacity and masternode validator costs. The chain is moving towards the testnet stage, but will not be fully ready for the general public until October 2021.
The team behind Ternoa have partnered with numerous artists from around the world to develop a catalogue of NFTs. The project has additionally secured the backing of some important investment funds. These include Master Ventures, LVT Capital, and Waterdrip Capital.
Fast, reliable, and secure
Powered by the Polkadot protocol, Ternoa can be an open-source, decentralized, transmission blockchain. It provides a safe, fast, reliable, and secure storage system for data. It can be utilized by companies, governments, and the typical public. It can be suitable for existing web infrastructure.
Ternoa provides developers with an entire technological stack, including an SDK, helpers, fungible assets, and balance pallet. It allows users to query chain storage, run transactions, and handle fungible assets. Its smart contract enables decentralized storage of data and consultation of stored data. Its Consent Protocol ensures content access agreements.
Ternoa posseses an alpha version of its Wallet app for iOS and Android users. Its alpha release was in early July. It has over 25k downloads in under a month. It has a residential district of 5,900 members on Telegram and 6,800 followers on Twitter.
Rewards users with game tokens
Using Ternoa, you can send data and digital memories to your loved ones without worry of security. You will have a way to store a copy of your original data on Ternoa’s network, which will be encrypted with a cryptographic algorithm.
A vital feature of Ternoa’s Blockchain is it is based on the Polkadot protocol, which links multiple specialized blockchains. This permits Ternoa to switch data and speak with other decentralized ecosystems. The project has additionally received support from numerous key opinion leaders.
The company has developed a wallet app to assist you manage your CAPS tokens. The app is available for iOS and can be downloaded from the App Store. The wallet also automatically earns rewards for every project listed on it. You need to use the app to find out more about the Ternoa universe and its use cases. You can also relate genuinely to the community on Telegram.
Business model
Creating a small business model on the Ternoa web3 blockchain is no easy task. The team behind this initiative is searching for skilled developers who are able to build an innovative solution. The team will provide the selected applicants with a grant of 6,000 USD and gives them one month to develop their project. The selected applicants will likely then pitch their projects to the public. They’ll be chosen based on their projects specifications. The winner with this round will receive $150 thousand.
The initiative has received support from key investment funds. Sheikh Hamdan bin Mohammed, the Crown Prince of Dubai, has pledged to market the UAE’s global leadership in the digital economy. He expects the initiative to boost the UAE’s economy by four billion dollars.
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