TANZO token.
500,000,000 TZO tokens will be released. The sale of tokens will continue for 6 weeks. The minimum installment for a pre-sale event will be equivalent to 7 ETH. All smaller transfers will be considered as a transfer in the first week of sales (17% bonus).
Founders tokens are blocked for 12 months. Starting from the 13th month, the founders will receive only 1/12 of their pool monthly until the end of the second year.
All tokens will be distributed up to 2 weeks after the end of the ICO. The cost of the token will depend on the volume of transfers and their time (distribution of bonuses). For example, a contribution of 1 BTC during the 1st week will have more weight than 1 BTC during the 6th week.
Example:
Final calculations will be made at ETH. Thus, if 1 BTC = 12.450435 ETH (according to Coinbase course at the end of ICO), and if this Bitcoin was sent during the 1st week, then the value will be:
1 BTC x 1.17 (17% bonus) = 12.450435 ETH x 1.17 = 14.56700907 ETH.
The amount (s) of all transfers in the above example will give the exact total amount of contributions. Based on this final amount, calculations will be made.
For example, if the total amount, including bonuses, is S = 16.227 ETH, the calculation for the tokens to be credited will be:
1st week of the Main selling event:
Contribution 1 BTC x 1.17 = 14.56700907 (+ 17% bonus).
14.56700907 / 16 227.00 x 340 000 000 TZO = 305218.65309669TZO The
user will receive 305218.65309669 TZO.
The TANZO token (TZO) is an ERC20 token.
TZO will be used as a utility token for the following platform functions:
- Payment in the amount of 1.5% for the platform - the transaction cost of the blockchain
- Craft awards
- Remuneration of users of the TANZO platform
The sole purpose of the issued ERC20 token will be its functioning as fuel for the platform. TANZO platform will not work without its own token (TZO). All transactions will be covered with the TZO token.
Being an integral part of the platform, TZO tokens will be used to improve product sharing, which in turn will contribute to the global expansion of TANZO.
TZO functions as a utility token in trading and reward systems. It is used to stimulate users who constantly add value to the community. TZO encourages shared user behavior in the community, which is an important factor in TANZO's organic expansion.
All fees for activities such as listing products, renewals and commissions from sales and other activities will be based on TZO.
It is planned that TANZO fees will be 68-88% lower than in competitive markets. The fee for the use of a commodity exchange reaches 1.5% of the value of the product and can be reduced to 0.3%. These fees will be covered by a TZO token.
No transaction / purchase price / product or any other activity on the platform will be executed without the TZO token.
Development.
Research, design and test the associated costs of all components required for the operation of the TANZO trading platform, such as TANZO smart contracts and protocol smart contracts, a mobile application, web and other integrations.
Theperating costs
Various incompressible costs, such as the cost of the hosting platform, the costs of recruitment and labor, office costs and other operating expenses.
Compliance with the law.
TANZO team is obliged to follow local rules, which are constantly evolving. The legislative and regulatory budget covers all related expenses in accordance with these regulations, such as local company registration, tax payment and auditing.
Marketing and communication.
The marketing and communications budget is aimed at increasing adoption of the TANZO platform, adopting TZO tokens, raising awareness in the structure of the TANZO platform among all potential users and potential buyers, including deploying to target markets defined in the roadmap.
ICO project: TANZO
Website: https://tanzo.io
White paper: https://tanzo.io/assets/pdfs/Tanzo_Whitepaper.pdf
Twitter: https://twitter.com/TanzoOfficial
Telegram: https: // t.me/tanzoofficial
Facebook: https://www.facebook.com/tanzo.io
ANN Bitcointalk Thread: https://bitcointalk.org
Author : sajadah terbang
ProfiL link : https://bitcointalk.org/index.php?action=profile;u=2447520
ETH addres : 0x845296575320897ED34C1aB7a8d92531e43e20F3
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