Please note: The roadmap is a conservative estimate and the community round/token listing might be achieved earlier depending on market situation.
USD Coin (USDC) is a digital currency that is fully backed by U.S. dollar assets. USDC is a tokenized U.S. dollar, with the value of one USDC coin pegged 1:1 to the value of one U.S. dollar. The value of USDC is designed to remain stable, making USDC a stablecoin.
Fill in your data and the desired investment in USDC in the form below
You receive a SAFT (Simple Agreement of Future Tokens) agreement and further instructions on your email.
What is a SAFT agreement?
SAFT is an agreement to finance the crypto developers' project in exchange for discounted crypto tokens at a future date.
Return the completed SAFT agreement to us and transfer the desired investment as outlined in the email.
Please also check your spam folder.
When do I receive my $TRPPN?
The $TRPPN will be distributed after a 6 month cliff/lockup period (after listing) and will be unvested 1/12 per month for a time period of 12 month.
A DAO token is comparable to a joint-stock company, but with a few advantages:
The funds of the strategic round are used to build up a vibrant community and to launch the token ecosystem. Allocation of funds:
Trppn implemented a state of the art legal structure for Decentralized Autonomous Organisations (DAOs). The DAO is represented by an operating company which issues the $Trppn and which enters into the terms and conditions with the various platform stakeholders (customers, suppliers, investors etc). The sole owner of the operating entiy is a foundation whose ownership is reflected by the holder of the $Trppn tokens.
We will launch the token on the Polygon blockchain, because it provides the stability and security of Ethereum but extends it with very fast transactions and low gas fees.
The numbers that matter the most to calculate the valuation of the ecosystem are:
• Circulating supply
• The price of the $TRPPN
The circulating supply is the number of tokens unlocked and publicly available to buy/sell. After listing the token is released to the circulating supply over a period of 60 month (5 years). The circulating supply is increasing from month to month since every month there are certain wallets unlocked and amounts of tokens unvested.
If we assume a constant price of 0.20 USDC one can calculate the valuation at those times:
Token listing: At listing 25.55 million $TRPPN are in the circulating supply and the price per $TRPPN is 0.20 USDC, which leads to a valuation of 5.11mn USDC (excl. liquidity wallet the valuation is 3.61mn USDC).
12 month after listing: After 12 months there will be around 276.67mn $TRPPN tokens unlocked, which results in a valuation of ~55mn USDC.
24 months after listing: After 24 months there will be around 613mn $TRPPN tokens unlocked, which results in a valuation ~123mn USDC.
Of course it is not realistic to expect a constant price of 0.20USDC but this is a good benchmark to understand that valuation increases over time due to increasing circulating supply assuming a constant price.
Note: the fully diluted market cap is another popular KPI to valuate projects, which considers the total token supply multiplied by the price at a certain time point. The problem with that number is that it does not represent the value at a certain point but rather the ecosystem's valuation when all tokens are unlocked (for Trppn in 5 years after listing of the token).
The price at a certain time point is defined by supply and demand which is influenced by the current achievements of the platform like development status of the platform, number of creators/fans, monthly active users, the utility of the token, the market conditions etc.