What is Ternoa (CAPS)? The Complete Cryptocurrencies CAPS

Polkadot ecosystem is gradually expanding with many projects in different fields. Today I will cover the Ternoa project, a project that works on decentralized data transmission via NFT.

The Ternoa project will be open for sale at the DAO Maker platform – one of the most prominent and prestigious Launchpads on the market today.

What is Ternoa (CAPS)?

Ternoa is the first blockchain dedicated to the transmission of data over NFT using Polkadot Substrate technology. Ternoa’s goal is to be the most prominent decentralized storage network for NFT products.

Read more: What is NFT?

Ternoa Highlights (CAPS)

The highlight of Ternoa is the implementation of Ternoa Chain, which will include 5 internal protocols:

• The Safe Protocol: Used to store data on the Ternoa blockchain in the most basic way.
• The D-Day Protocol: Used to transfer data on a predetermined date and can only be unlocked on that day.
• The Consent Protocol: Used to allow recipients to access data after a period of time, as long as they are not vetoed by the sender.
• The Death Protocol: Data is transferred and unlocked after the sender’s death.
• The Countdown Protocol: Data will be transferred based on the countdown time.

Ternoa Token Information (CAPS)

Key Metrics CAPS

• Token Name: Ternoa.
• Ticker: CAPS.
• Blockchain: Ethereum.
• Token Standard: ERC-20.
• Contract: Updating…
• Token Type: Utility.
• Total Supply: 2,500,000,000 CAPS.
• Circulating Supply: Updating…

Token Allocation

Token Sale

In the near future, Ternoa will have an open sale of CAPS tokens at DAO Maker. CHK team will update you when there are updates from the project.

Token Release Schedule

The total number of tokens will be unlocked within 7 years according to the time below:

• Airdrops: Lock for the first 3 months, unlock 40% on release, then unlock 8.5% each time for 6 months.
• Seed sale: Lock for 1 month after listing, unlock 13%/month for the first 3 months and equally divide 5%/month for the following 15 months.
• Community sale: Unlock 15% when listing, 6%/month for the first 4 months and equally divided 8%/month for the following 13 months.
• Private sale: Lock for the first 6 months, unlock 10% for the first time and gradually divide 11%/month for the next 9 months.
• Public: Unlock 10% when listing, unlock 10% for the first time and gradually divide 11%/month for the next 9 months.
• Strategic: Unlock 10% when listing, unlock 10% for the first time and gradually divide 11%/month for the next 9 months.
• Team: Lock for 1 year, unlock 2% for the first time and gradually unlock 2%/month within 60 months.
• Advisor: Lock for 10 months, unlock 8% for the first time and gradually unlock 8%/month within 12 months.
• Ecosystem & Partnership: Lock for 6 months, unlock 2% for the first time and unlock 2%/month for 48 months.
• Development: Lock for 12 months, unlock 3% the first time and unlock 3% within 36 months.
• Marketing: Lock for 3 months, unlock 2% for the first time and 2%/month for 48 months.
• Reserve: Lock for 18 months, unlock 2% for the first time and 2%/month for the next 60 months.

Token Use Case

Ternoa has CAPS as the project’s native token and will be used in the following cases:

• Initialize capsules – a “capsule” containing the required data.
• Rewards for individuals who operate and contribute to the network.
• Use as a means of payment in the NFT Marketplace.

CAPS Token storage wallet

CAPS token is ERC20 token, you can store CAPS token on CHK Wallet with the following simple steps. See more instructions for installing and using CHK Wallet from A to Z here.

Roadmaps & Updates

Accomplished

11/2020: Chaos NET Airdrop & Token Launch Event.

Q1/2021: Deployment of DEX memory.

Next plan

May 2021: Token issuance through IDO and exchange listing.

6/2021: Private Staking & Launch of Wallet App.

June 2021: Development of functions for NFT.

7/2021: Launching public version Staking.

August 2021: Cooperation with other storage projects such as SIA, Storj, Arweave.

August 2021: Deployment of ERC-BSC bridge.

September 2021: Staking on the BEP20 network.

10/2021: Launch of Testnet & Bounty program.

11/2021: Launching Masternode Alpha version.

Project team, investors, partners

Project team

Above is the core member information of the Ternoa development team, in addition, there are still many other members, you can find out more specifically at the project website.

Investors & Partners

Currently, Ternoa has been invested by 6 investment funds in the market including: Digital Finance Group, LVT Capital, ArkStream, Master Ventures, SevenX Ventures,…

In the near future, Ternoa will further cooperate with a number of storage partners such as Filecoin, Sia and Storj to enhance its product experience.

Similar projects

Ternoa is a project that combines other fields, you can refer to other similar projects below.

• Storage: Filecoin, Sia, Storj,…
• Polkadot NFT: KodaDOT, Crab Network, Polkafoundry, Treasureland,…

Project website: Ternoa

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