Background:
All we require in this advanced period is source to convey, this correspondence can either be for business reason or casual, but we require protection and security in any case. Every single existing stage of correspondence/informal communication depend on unified strategies and most of them force us to see ads with no advantages and rewards. But innovative decentralized convention along with tokenization using blockchain enables client to have superb experience. The TTC-PROTOCOL let this interpersonal interaction optimism a fresh out of the box new path for social-network usage and sharing content/ data with decentralization, blockchain and also get cryptocurrencies.
TTC-PROTOCOL's Overview:
This kind of boosted organize and rewarding system guarantees that client are taking an interest effectively in light of the fact that they know there commitments are getting rewards in return and as users increase, the incentive to its reward token is also expected to increase because of popularity.
The possibility of this networking platform is to keep up solid domain of social communication where they are additionally getting advantage from this cooperation, and gives a decent chance to the advertisers for advertising their brands offering rewards to the clients as well.
Application:
For this reason, decentralized application (DApp) is likewise built up, the distribution of content and administration are based on decentralization, one can share personal informations here and have reasonable reward framework for providing quality content. The principal DApp of TTC-PROTOCOL for this design is tataUFO. TTC-protocol network plans to develop more DApps in order to provide maximum social networking. Not only this, developers are also allowed make their own DApp and promote it here.
Rewards:
The rewards are given as tokens. The tokens are intended to be shared with the users as CONTENT REWARD (for creating personal content of high quality or interacting with other’s content via likes/comments), ADVERTISING REWARD (for viewing ads), and REPUTATION REWARD (for maximum loyalty and recognition). Extra tokens can also be earned by responding to those advertisements as well. The rewards are shared with smart contract protocol with maximum transparency. No one can simply do vague comments to get unfair profit, system identification, reporting and auditing will maintain check and balance of these matters to ensure fair distribution of rewards.
Infrastructure:
The TTC-PROTOCOL has been built on public Ethereum. Because Ethereum provides maximum reliability and security for the DApps towork on. Ethereum also provides fastest mode of transaction. So it provides both off-chain and on-chain transaction services. The major backbones of this stage are blockchain, TTC center, TTC open stage and DApps.
The token:
The utility token known as is TTC token. The TTC-token will be given to the clients with a specific end goal to reward them. As the framework takes after Ethereum, the TTC-token is ERC20 standard, and aggregate of 1 billion TTC tokens have been made for the stage and out of which 25% is available to be purchased. Price setting during initial sale of TTC tokens is 1ETH for 4K TTC tokens. The main ICO for TTC tokens is yet to come. Token is not only to get reward for viewing ads but also for getting features of the applications including purchasing emoticons, chatbots, coupons. Users can gift them to others and much more. For further insight about the project please visit whitepaper.