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This coin - Live This coin price and market cap

Full Name
Ternion (TRN)
Symbol
TRN
Algorithm
ETH Token
BTC Price
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BTC Market
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BTC 24h Vol
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Total Coins Mined
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1h
24h
7d
Description

Ternion (TRN) Crypto ICO Description

Ternion is a hybrid crypto exchange with a fiat gateway and integrated merchant services. Their goal is to create an ecosystem that bridges the gap between traditional and decentralized finances.  The Ternion Exchange is a regulated, licensed and centralized entity which allows crypto to crypto, fiat to crypto and crypto to fiat trading. In the post ICO stage, the exchange will become hybrid, meaning it will facilitate a decentralized exchange with a centralized one. The Ternion Payment Processor is a payment gateway that can be implemented at the discretion of a vendor and it issues cards to its users. The Ternion Liquidity Fund supports two business models and is the backbone of the Exchange and the Payments Processor. The Fund is also responsible for buying back the tokens utilizing a quarter of the company’s profit and burning them to combat inflation. 

TRN is an ERC20 utility token that serves as a currency on the Ternion ecosystem. It is used to pay for the Ternion exchange commissions, list a new token on the Ternion exchange, get promotion, etc.

Technology

Ternion (TRN) Crypto Technology

Sorry, detailed technology about Ternion (TRN) is not currently available

Features

Ternion (TRN) Crypto Features

Sorry, detailed features about Ternion (TRN) is not currently available

ICO Status

Ternion (TRN) ICO Details

ICO Status
Ongoing
Token Supply
95000000
Start Date
2018-06-29
End Date
2019-02-11
Fund Raised (BTC)
1906173 USD
Fund Raised (USD)
1906173
Start Price (USD)
3.23
Security Audit Company
N/A
ICO Legal Form
N/A
ICO Jurisdiction
Estonia
Legal Advisers
N/A
White Paper

Ternion is a hybrid crypto exchange with a fiat gateway and integrated merchant services. Their goal is to create an ecosystem that bridges the gap between traditional and decentralized finances.  The Ternion Exchange is a regulated, licensed and centralized entity which allows crypto to crypto, fiat to crypto and crypto to fiat trading. In the post ICO stage, the exchange will become hybrid, meaning it will facilitate a decentralized exchange with a centralized one. The Ternion Payment Processor is a payment gateway that can be implemented at the discretion of a vendor and it issues cards to its users. The Ternion Liquidity Fund supports two business models and is the backbone of the Exchange and the Payments Processor. The Fund is also responsible for buying back the tokens utilizing a quarter of the company’s profit and burning them to combat inflation. 

TRN is an ERC20 utility token that serves as a currency on the Ternion ecosystem. It is used to pay for the Ternion exchange commissions, list a new token on the Ternion exchange, get promotion, etc.

Team:

  • Rudolfs Medvedevs: Founder & CEO. 
  • Vladimir Platonov: Chief legal officer. 
  • Gary Sum: CEO of Ternion China.
  • Anatolli Lytvynenko: Blockchain development lead. 
  • Alex Ariestov: Lead developer. 
  • Yaroslav Boiko: Software developer. 
  • Clara Florey: Communication specialist. 
  • Valeria Cealic: Marketing & PR lead. 
  • Oliver Cheatham: Digital marketing specialist. 
  • Artem Shabanov: Lead web designer. 
  • Merlock Fairwood: Brand strategist. 
  • David Mark: Chief growth officer. 
  • Eugene Petrov: Creative content writer. 
  • Viesturs Bremze: Senior investor relations CIS & Europe. 
  • Roberts Erdmanis: Investor relations western Europe. 

Token Reserve Split (20%):

  • 12% Reserved for Ternion Team with Five-year Vesting;
  • 5% Reserved for Ternion Advisory Board;
  • 3% Reserved for Ternion Bug Bounty Program.

 

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