Among the absolute most exciting blockchain projects of the moment 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 that this may become a reality, and they’re not reducing anytime soon. The platform offers a number of features, including Alpha SecretNFT Marketplace, Time capsules, and a 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 shape of time capsules. These time capsules are stored in a decentralized and secure system, guaranteeing integrity and confidentiality. This makes them a great solution to preserve valuable memories.
A team of experts have already been working on this project for the past two years. They have been developing a user-friendly app that will allow users to create and send time capsules.
The application form is anticipated to be released in the next several months, and it’ll offer users a wide range of functionalities. It will allow them to store and send their data, and even manage the CAPS tokens.
Ternoa is made on the Polkadot protocol, which allows Ternoa to communicate with other blockchains. It can be open source, which allows developers to customize the protocol.
Alpha SecretNFT Marketplace
Having just launched the alpha version of the SecretNFT Marketplace, Ternoa has a lot to offer artists. The platform has a number of features that will enable artists to issue authenticated digital artworks. It even offers an impressive staking function that will allow Cap token owners to generate passive income. The marketplace is still in a experimental phase, however it will soon be open to people in the future.
Designed as a data storage and transmission blockchain, Ternoa uses multi party cryptography and SGX secure enclaves. Its CAPS token can be used 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 previously partnered with a number of 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 general public. It can be appropriate for existing web infrastructure.
Ternoa provides developers with a complete 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 within 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 family members without worry of security. You will have a way to store a copy of one’s original data on Ternoa’s network, that will be encrypted with a cryptographic algorithm.
An integral feature of Ternoa’s Blockchain is that it’s based on the Polkadot protocol, which links multiple specialized blockchains. This permits Ternoa to switch data and communicate with other decentralized ecosystems. The project has additionally received support from a number of key opinion leaders.
The business is rolling out a wallet app to assist you manage your CAPS tokens. The app can be obtained for iOS and can be downloaded from the App Store. The wallet also automatically earns rewards for each project listed on it. You should use the app to find out more about the Ternoa universe and its use cases. You can also relate solely to the community on Telegram.
Business model
Creating a business model on the Ternoa web3 blockchain is no easy task. The team behind this initiative is trying to find skilled developers who will build an innovative solution. The team provides the selected applicants with a grant of 6,000 USD and gives them a month to develop their project. The selected applicants will likely then pitch their projects to the public. They’ll be chosen based on the projects specifications. The winner of 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 improve the UAE’s economy by four billion dollars.
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