What is Tectonic?
Tectonic is an open-source blockchain platform created to help countries and communities build and maintain transparent and accountable digital systems. The Tectonic blockchain offers a secure and decentralized platform for storing, managing, and exchanging data. This allows anyone with an internet connection to access reliable information anytime, anywhere.
This software provides a decentralized, non-cash cash trading platform with an algorithmic-based decentralized mechanism to obtain instant loans as liquid borrowers or gain passive income through the supply of assets. Its architecture and construction is based on the Cronos blockchain system, thereby being in sync with the Atmo and Ethyst blockchains. A Tectonic platform was created late 2021 and shares similarity with other Decentralized Finance Platform (DeFI).
Tectonic’s technology provides a seamless, secured digital currency money market capability for consumers. The Tectonics cryptocurrency (TRC) is designed to function as a stable currency (so-called stable coins) on the Tectonic blockchain. Every Tectonic coin (TC) is backed by real world assets including land, natural resources, physical goods, and more.
This gives each coin intrinsic value that cannot be manipulated by governments or other organizations. It’s an effective way to store information on a secure but decentralized platform. Individuals can also choose to hold onto their Tectonic coins as an investment in the system itself.
Who are the founders of Tectonic?
Particle B incubated Tectonic to create projects using Cronos and Crypto.org. The Tectonic blockchain itself was created by the Open Data Institute (ODI), a Berlin-based non-profit organization that aims to create data transparency tools for governments, businesses, non-profits and the general public.
The ODI has years of experience building open-source software that helps countries develop and grow their digital economies. The company is led by Gary Or, an inventor and hacker who is passionate about technology and dislikes traditional financial institutions. Or has more than ten years in FullStack Engineering where he led the entire development and implementation of crypto products across payment, trades and banking sectors.
Tectonic introduces stakes
On April 10th tectonic coins went online with tokens being staked on. The tokens can be put into the staking module for yield including parts of revenue generated through interest paid on the fees borrowers owe. Staking is separate parts of TONIC money markets. Tonic holders who have been included in a wallet snapshot during January could receive token airdrops which could be used in a pool for additional staking. The xTONIC stakeholder receives xTONIC’s win.
What makes Tectonic unique?
Tectonic comprises 3 modules in a protocol: a rate mechanism, a liquidity module and community reinsurance modules. The interest rates mechanism combines variable interest rates with monetary market protocols like the Compound.
Interest rates are determined algorithmically according to utilization rate, supply demand and liquidity in the lending pool. Tectonic teams set interest rates at the start of a lending pool and divide them into two phases this process is called a lending pool, and allows to borrow liquidity. Immediately after reaching this point, the rate follows linear pattern arithmetic.
Tectonic provides cross-chain money market solutions
The first Tectonic blockchain was launched in October 2020. The Tectonic overview coin of this crypto and protocol provides cross-chain decentralized financial services and gives users the possibility to earn passive yields from funds and to borrow assets immediately from other people. This passive yield can be sizable.
Deposits provide liquidity that allows lenders to lend at variable interest rates to borrowers. Tectonic Smart Contract algorithms determine interest rates according to availability of assets and demand. The deposited assets generate a passive profit despite the absence of an automatic withdrawal period for the withdrawal.
The collateral value on each asset is adjustable. Tectonics TONIC token has been created here. Tectonic started as a centralised platform and eventually moved control of its community. Once that is done everyone can vote on proposed changes to TONIC parameters. They might include security, development and collateral factors. The company is offering tokens that can be held for use as part of the governance process since the maximum number will be 600 billion. Tonic’s distributions consist mostly in staking, recompenses, and liquidity mining.
What affects the price of Tectonic?
Like any other asset, Tectonics prices act mainly by demand, determining the average trading price at any moment and making it more difficult to come up with accurate Tectonic price predictions for investment advice. This dynamic is impacted by fundamental events such as regulatory changes to cryptocurrency exchanges, and other real-world incidents, impacting long term price prediction.
When making predictions and trying to come up with the average forecast price for Tectonics, many traders try to observe TONIC whales, the entities or individuals controlling large amounts of TONIC. Because tectonic markets are relatively low compared to traditional markets, the term “wales” has the potential to create a large stir and affect the tectonic price changes and the Tectonic price forecast, including the average price, minimum price value (i.e. the lowest price), and maximum price level.
Tectonic technical analysis
Tectonic protocol currently has prices around $00.0086. Tectonic’s maximum supply is 500.000, with the circulating supply amounting to 500.000. The current price is $0.0000001013. The TONIC price has dropped 0.83 per cent during the past 24-hour period. This can be seen by comparison of TONIC presently available prices to the value of the last day. Cryptos will be challenged for acceptance by ICOs.
In the last week, tonic calculated price had declined 1.76% or 0.38%. In recent days, currencies show risky patterns and formation, so TONIC price prediction isn’t looking the best and this doesn’t seem like a good investment, despite the competitive programmable payment options for the token’s digital economy. It is based on logical grounding and price analysis, and we don’t think it’ll soon succeed as we expect. Of course, it’s always a good idea to do your own research and proper analysis in cooperation with a financial advisor if possible, knowing that this is a highly risky business.
Tectonic price historical analysis
According to historical data influencing price predictions, Tectonic (TONIC) has received an initial public offering of $0.000427 and a trading volume of 769,883. Tonic reached the equivalent of 0.000004049 USD the next morning, when it was able to reach a maximum price so far. The token experienced an accelerated drop in trading volume and pricing on e-commerce after massive selloffs in the crypto market.
On January 24, 2022, the TONIC’s price was down by 0.00000004014. Over the next month TONIC has shown some bullish momentum with the currency reaching its highest price and maximum value of 0.000001803. The value then declined.
Is the token a buy, hold or sell?
Technical analyses by the Coincodex show long term sentiment on the token is bearish. There were sixteen bullish signs, compared to 2 bearish ones. CoinCodex’crypto-tonic prediction said the cryptocurrency would reach $0.01000 on April 6. On Wallet Investor, the stock forecast website had been bullish on TONIC coin’s future value.
According to Tonic’s price prediction, the site’s algorithms will see prices fall by the end of 2023 to $0.0000453 before falling back to $0.000000093 by the end of 2027. Generally, the forecast for the Tectonic’s future is not promising. Tectonic price prediction 2023, Tectonic price prediction 2027, and Tectonic price prediction 2029 all suggest that this token won’t be a valuable asset.
Tectonic price prediction 2022
Tetons increased by 4.4% since January 1 to 1.9%. On average this was +1.64%. The current Tectonic market cap is $11.5M US. This market capitalization number can be compared to its current size. In Tectonic, the company’s market value is $ and the market value is $3.564,570. N/A Tectonic is currently underflowing so the Tectonic forecast is not so positive. Its stock is 500,000,00000 and it is the largest stock at 50,000,00000. Tectonics biggest rival for years has been Shiba Inu who is currently struggling to keep its coin’s price below $0.00002051.
How many Tectonic (TONIC) coins are circulated?
Tectonic uses TONIC as a native governance token. TONIC owners will be able to use the token for security and for voting on governance proposals when Tectonic switched to the DAO model. Token holders may submit or reject proposals if they do not follow governance rules. According to the token distribution:
Tectonic price prediction 2022-2030
Tectonic’s current prices have shown strong growth and a strong growth trajectory compared to previous prices. The historical value of Tonic coin is also included in the analyses used in this article. Read our Forecast when investing digitally and hope that the return on investment will be good.
Does Tectonic coin have value?
Today’s Live Tectonic price is $652 e-7USD with an average trading volume of $927744 US dollars. Our TONIC prices are updated continuously to the US Dollar. Tectonic’s stock has declined by 5.67% over the past two weeks. CoinMarketCap currently ranks #3288, and has not yet released the marketcap live at this time.
What is Tectonic crypto price prediction?
The average Mana price forecast for 2019-2022 was $0.000.000000140 (revised lower) according to analyst estimates. According to the official Tectonic platform, Tectonic has been described by some as decentralized noncustodial algorithms to make money markets work.
What does Tectonic crypto do?
The Tectonic money market protocol is a decentralized, non-custodial algorithm. Users could deposit assets to earn passive earnings.
How many Tectonic crypto holders are there?
What are the total number of Tectonic coins? Tectonic does not disclose how many dollars currently exist, but there are 500 trillion tokens to supply.
What is the future of tectonic cryptocurrency?
Tectonics’ prediction of prices by 2020 shows the token is expected to breach the $000004 mark. ICO’s estimated value is expected to reach $10.004. Price Predictions.net sees DeFi a potential future for tokens. TONIC’s forecast to increase from $1000000 to $200,000,000 by 2024.
Its two-tier architecture makes it extremely difficult for hackers or government interference to corrupt digital systems. Plus, land ownership allows for easy monetary value transfer via cryptocurrency transactions. These factors make Tectonic provide comfortable transactions and accessibility in its own right, ensuring the future of its digital ecosystem.
Will Tectonic go up?
Tonic’s projected value could reach 0.01 billion in 2022 – 0.02 trillion in 2023. Tectonic prices forecast for 2030 will reach about $1,009.
How high will Tectonic crypto go?
TechNewsLeaders predicted that the crypto currency would be able to surpass $1000 in just a year. The prediction for Tectonics for 2020 suggests it’s likely to break the $0.0500004 threshold. The cryptocurrency market is expected to surpass $0.01 by 2020.
How high are Tectonic coins?
Tectonics grew 5.1% this year. This flow supply will never be available. A total supply of 500,000,000,000,000 tokens. Tell me the nature of tectonics? Tectonics (Tonics): Overview.
Is Tectonic on Binance?
Yes, you can buy Tectonic on the world’s largest crypto exchange, Binance, as well as on a plethora of other popular exchanges. Generally speaking, if it’s a big name, you’ll find TONIC there. Trading volumes are 1.22M USD during 24h. The TONIC to US Dollar prices are updated daily. A total of 7.85% was recorded in the day. Its circulation is about 0 USD. Information about the Tonic industry. Is it true?
How many Tectonic coins are there?
Can you list the number of Tectonics coins in circulation? The number of current coin sales is unknown but there is currently over 500 trillion.
Where can I buy Tectonic crypto?
How to buy or sell a cryptocurrency called Tectonic is available on the Crypto.com Exchange or Hotbit. There are others in crypto listed here.
How can I buy Tectonics?
Can you list the best cryptos for sale online at tcc.com? For currency purchases, visit the exchange. Buy the Ethereum Binance smart token and DogeCoin to securely exchange this cryptocurrency. Buy tonic with payment of above crypto.
Can I buy Tectonic on Crypto com?
Staking tonic helps ensure protocol stability while also rewarding the users. Using crypto.com Visa cards, users can now buy and sell TONIC with real currency in USD and EUR and in more than 80 countries worldwide.
Where can I buy Tectonic token?
Find Tectronic on CoinMarketCap. Tap the button Labeled Market in close proximity to the price chart. In this view you can view Tectonics’ full list of the stores, their currencies and how they are purchased. The package shorthand includes TCactonic TONIC the currency of another currency also.
Is Tectonic secure?
Tectonic is generally a secure network, and investors needn’t fear about the safety of their assets. The development team seems to care about security, having users in mind. This is an innovative open-source blockchain platform that is both reliable and accessible. It uses a two-tier architecture to easily transfer data within its network as well as between its nodes.
The Tectonic blockchain is highly decentralized since it runs on thousands of different PC hardware nodes around the world. This makes it very difficult for hackers or malicious governments to take control of the network and corrupt the data stored on it. All data is encrypted during transfer which makes it extremely secure and inaccessible without the correct keys.
Julia started off her career as a travel blogger, hitchhiking and exploring the world as a nomad. After many years of traveling with little to nothing on her, volunteering, and waiting tables from town to town across Europe and US, she met a crypto trader who opened her eyes to how she can invest and make money with blockchain. Nowadays she is a trader and a blogger, writing about new currencies, NFTs, p2e platforms, and DeFi in general.