TEER is the official token of Integritee Network
Token Use Case:
1. Fee: Interactions with Integretee parachain will be charged in Teer tokens and this fee will be paid to the network. More precisely, they will be transferred to Parachain's fund after being partially burned (Parachain's fund will hold the funds that secure the future development of the Integrite platform, community development and ecosystem).
Examples of the fees to be charged:
2. Administration: All TEER holders can participate in the parachain governance process. The decision-making process is based on voting in tokens. A few examples of TEER token holders being able to vote:
- Upgrade parachain runtime code
- Adjust fees
- Election of council members (representative body that decides how the treasury funds are used)
3. Token Burning: TEER has a token burning mechanism to deflate and increase value for token holders.
Token Basic Infomation:
- Token Name: Integritee Token
- Token type: Administration and Applications
- Ticker: TEER
- Total Supply: 10,000,000 TEER
- Blockchain: Polkadot
- Circulating Supply: Updating…
Token release schedule
Integritee Network Roadmap
Backers and Dev Team
Backers of Integritee
The project was quite successful in raising seed round capital, the project has raised an amount of up to $2M and has the participation of many large investment funds such as: NGC Ventures, OKEX, AU21, GFS Ventures, LD Capital,…
With partners like OKEX exchange, in my opinion, maybe the exchange that the project pushes the token on for the first time would be OKEX.
About dev team
Cybercrime is predicted to cause a total of $6 trillion in damage globally by 2021. If compared to a country's economy, it will be the third largest economy in the world after the United States and China. Global spending on cybersecurity products and services is forecast to exceed $1 trillion cumulatively over the five-year period from 2017 to 2021.
With its excellent solution of providing a secure, extensible and interoperable network platform, which can be widely used by companies and developers to establish As a new, user-centric security solution today, we believe that Integrite will be a bright name in the field of security.