| Full Currency Name | /TBE |
| Currency Code | TBE |
| Coin Intro | "The TBE token (TrustBase Token) is an ecosystem token issued by TrustBase on the Substrate protocol. It will be used to incentivize and maintain the healthy development of the ecosystem, connecting various participants within the TrustBase ecosystem for positive circulation. Additionally, TBE will be utilized for mining in the Polkadot ecosystem, increasing user earnings and sharing in the prosperity of the ecosystem.
The TBE Token has three distinct attributes: governance through the network, incentives, and connectivity.
Governance: By becoming different roles within the governance model, one can participate in the on-chain governance of the TrustBase ecosystem network, making proposals, voting, or finalizing decisions such as code upgrades or changes to governance rules.
Incentives: Through the incentive mechanism, TrustBase’s ecosystem is guided towards stable growth. Quality participants receive rewards through the incentive mechanism, while malicious participants face penalties, ensuring the network remains secure.
Connectivity: The TBE token links smart contracts and ecosystem applications or connects with other parachains in the Polkadot ecosystem via cross-chain, sharing the global connectivity of the Polkadot ecosystem.
What rights do TBE holders enjoy?
1. The ability to become a nominator, regular validator, or super validator and earn block rewards.
2. Membership in the Council and benefiting from governance.
3. The capacity to participate in decision-making processes related to on-chain upgrades or changes to TrustBase.
4. Participation as core collateral in TrustBase DeFi, engaging in the entire range of DeFi derivative financial services.
TrustBase is a Polkadot parachain built on the Substrate framework, featuring the self-developed Subscript smart contract language and supporting multiple tool plugins and smart contract applications. As an infrastructure project within the Polkadot ecosystem, TrustBase has received support from the Web3 Foundation Grant.
TrustBase is dedicated to providing a more lightweight language for traditional developers, enabling them to easily deploy native Polkadot smart contracts and assisting developers in participating barrier-free in Polkadot ecosystem construction, forming a robust ecosystem that supports multi-dimensional development of Polkadot, TrustBase parachain, and smart contracts.
Token distribution ratio and unlocking rules:
Mining incentives 50%
Private placement 20%: The locked institutional round TBE tokens will release 20% before the exchange listing, with the remainder unlocked over three quarters (30%, 30%, 20%).
Founder team 15%: Locked for three years. First batch, 30% unlocked. Remaining tokens unlock linearly each month.
DAO 10%
Validator node staking 5%: Locked for four months, unlocking monthly (5%, 15%, 35%, 50%). DAO: Locked for one year, unlocking quarterly.
Team:
Paul Safranek (TrustBase CEO)
Graduated from New York University, blockchain and smart contract expert, senior technical advisor. Started working in Bitcoin and blockchain technology in 2011, led the technical development of multiple open-source projects, and was a core developer for EOS 1.0.
Symon Ho (TrustBase CTO)
A full-stack engineer leading the development and engineering of the smart contract system. With over ten years of professional software design, architecture, and development experience, currently focusing on blockchain development and cross-chain technologies.
Regina Yang (TrustBase CMO)
Years of internet marketing experience, provided brand marketing and strategy support for companies like Huawei and Intel. More than five years of experience in the blockchain industry, independent entrepreneur, community KOL. Served as brand consultant for several high-quality projects and exchanges. Previously held the position of user growth lead at a prominent exchange.
Developer Team
The core developer team is headquartered in Berlin, Germany, led by TrustBase CTO Symon Ho. This team comprises PhDs and experts specializing in cryptography, security models, and messaging protocols. They primarily focus on provable security, cryptography, privacy-preserving distributed algorithms, consensus, and optimizing cryptographic economics and game theory.
Other 15 developer community members come from the United States, Germany, and China, working under Symon Hos leadership to contribute to the optimization of the Subscript language and the development of the TrustBase parachain.
The current price of TBE is $0.00015024, with a 24-hour trading volume of $11,449. TBE has increased by 0.18% in the past 24 hours. Its market cap is not available. Its circulating supply is not available, with a total issuance of 100 million TBE." |
| Issue Date | 1621339200000 |
| All-Time High | $0.071218573 |
| All-Time Low | $0.000065848184 |
| Total Supply | 1000000000 |
| Circulating Supply | |
| Circulating Supply Percentage | NaN |
| Market Cap | NaN |
| Fully Diluted Market Cap | $1.5024447e-13 |
| Mkt Cap (Float) | $ |
| Circulating Market Cap % of Global Total | |
| Listed on Exchanges | 1 |
| Official Link | https://trustbase.network/ |
| Whitepaper | https://trustbase.network/white.pdf |
| Blockchain Explorer | |
| Telegram |
"https://t.me/TrustBasenetwork"
|
| Github | https://github.com/TrustBase/trustbase |
| Twitter | https://twitter.com/TrustBase_Net |
| FaceBook | |
| Reddit | https://www.reddit.com/user/TrustBase |
