Among probably the most exciting blockchain projects of the minute is Ternoa web3. Their mission is to make a decentralized, secure, and fast network. The team behind the project is working hard to make sure that this will become a fact, and they are not reducing anytime soon. The platform offers several features, including Alpha SecretNFT Marketplace, Time capsules, and a company model that rewards users with game tokens.
Time capsules
Using the Ternoa web3 blockchain platform, users can store and send digital memories and other important data in the form of time capsules. These time capsules are stored in a decentralized and secure system, guaranteeing integrity and confidentiality. This makes them a great way to preserve valuable memories.
A group of experts have already been focusing on this project for days gone by two years. They’ve been developing a user-friendly app that’ll allow users to create and send time capsules.
The application form is expected to be released within the next several months, and it’ll offer users a wide selection of functionalities. It enables them to store and send their data, and even manage the CAPS tokens.
Ternoa is created on the Polkadot protocol, allowing Ternoa to communicate with other blockchains. It is also 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 several features that’ll enable artists to issue authenticated digital artworks. It also has an extraordinary staking function that’ll allow Cap token owners to generate passive income. The marketplace continues to be in an experimental phase, but it will 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 is employed to get storage capacity and masternode validator costs. The chain is moving towards the testnet stage, but won’t be fully ready for everyone until October 2021.
The team behind Ternoa have already partnered with several artists from around the globe to develop a catalogue of NFTs. The project in addition has 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 is an open-source, decentralized, transmission blockchain. It provides a safe, fast, reliable, and secure storage system for data. It may be used by companies, governments, and the overall public. It is also compatible with existing web infrastructure.
Ternoa provides developers with a whole 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 makes for decentralized storage of data and consultation of stored data. Its Consent Protocol ensures content access agreements.
Ternoa comes with an alpha version of its Wallet app for iOS and Android users. Its alpha release was in early July. It’s over 25k downloads within a month. It’s a residential area 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 be able to store a copy of your original data on Ternoa’s network, which is encrypted with a cryptographic algorithm.
An integral feature of Ternoa’s Blockchain is that it is on the basis of the Polkadot protocol, which links multiple specialized blockchains. This permits Ternoa to exchange data and communicate with other decentralized ecosystems. The project in addition has received support from several key opinion leaders.
The business is promoting a wallet app to assist you manage your CAPS tokens. The app is available for iOS and could be downloaded from the App Store. The wallet also automatically earns rewards for every single project listed on it. You can use the app to learn more in regards to the Ternoa universe and its use cases. You can also relate to the city on Telegram.
Business model
Creating a company model on the Ternoa web3 blockchain is no easy task. The team behind this initiative is looking for skilled developers who is able to build an innovative solution. The team can provide the selected applicants with a grant of 6,000 USD and can give them 30 days to develop their project. The selected applicants will pitch their projects to the public. They will 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 enhance the UAE’s economy by four billion dollars.
Most Popular Fashion Blogs 