TNC Coin: Whitepaper
TNC Coin: Whitepaper
TNC Coin: Whitepaper
Whitepaper
January - 2020
www.tnccoin.com 2020
TNC Coin Whitepaper
1. Company 04
1.1 Mission and Vision: Uniting the Cryptocurrency World 05
1.2 Market Needs 06
1.2.1 Existing Crypto Companies 06
1.2.2 Online Gaming Industry 07
1.2.3 Online Gaming Players 08
1.3 Services 09
1.3.1 Crypto M&A Program 09
1.3.2 Blockchain Consulting 09
1.3.3 Total Blockchain Solutions 10
1.3.4 Blockchain Development 11
2. Core Projects 11
2.1 Initial Project Investments 11
2.1.1 Buyaladdin 12
2.2 Crypto M&A Program 12
2.2.1 Cryptocurrency Industry 12
2.2.2 Crypto M&A SME advisors 13
2.2.3 Blockchain Start-ups 14
2.3 TNC Mainnet 15
2.3.1 Mainnet Swap 15
2.3.2 Token Swap 16
2.3.3 TNC Coin 16
2.3.4 TNC Mainnet for Gaming 17
2.3.4.1 Gaming Market 18
2.3.4.2 Blockchain Game Key Concepts 20
2.3.4.3 Blockchain-Based Game Potentials 21
2.3.4.4 Business Opportunity 21
2.3.4.5 TNC Gaming Token Development 22
A. TNC Fume 24
B. Game Development Formula 24
C. Token Value 25
2.3.4.6 Proof-of-Play Consensus 25
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TNC Coin Whitepaper
3. Road Map 26
4. Disclaimer 27
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TNC Coin Whitepaper
1. Introduction
TNC IT Solutions Group (TNC) is an organization formed with a revolutionary
mission statement — uniting the cryptocurrency world. The group was established
to provide blockchain technology development services and consultancy by
building a strong network of blockchain developers and crypto experts all
under one umbrella.
Additionally, the organization will be offering various services that are and
not limited to merging promising crypto companies, providing blockchain
consultation, connecting blockchain developers, and presenting overall
blockchain solutions.
TNC will initially launch its native currency as an ERC-20 standard token. However,
TNC will develop a powerful mainnet that can support the goals of TNC. After
the mainnet is developed, TNC will undergo a mainnet swap — which will
migrate from the ERC-20 token into the newly developed mainnet supported
coin.
The maximum supply of TNC Coins (“TNC Total Supply”) will be issued in a
single genesis block and is limited to 1,000,000,000,000 TNC.
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TNC Coin Whitepaper
Mission
TNC also aims to unite crypto experts, blockchain developers, and entrepreneurs
to build beneficial and strategic relationships that work together toward the
progression of blockchain technology. Concerning this, great synergy in the
industry will encompass as a strong network of tech experts and company
partnerships is being created.
Furthermore, TNC will create a mainnet for effective and secure blockchain
based game applications. TNC Coin will serve as the platform that issues
tokens to developers who want to integrate blockchain in their games.
Vision
TNC envisions a blockchain-based society where complex community interactions
are progressively made seamless, secure, and efficient. As an advocate of
cryptocurrencies, decentralization, and other tech innovations, TNC aims to
further accelerate the adoption of blockchain in various industries and
communities worldwide.
Additionally, TNC believes blockchain projects can soar to new heights when
industry specialists come together to share their expert knowledge through
consultations for new budding tech entrepreneurs and players in the market.
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TNC Coin Whitepaper
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TNC Coin Whitepaper
TNC hopes to push blockchain adoption within the gaming sector by providing
a blockchain infrastructure that can solve industry problems. According to the
study of Chen Zhao, many online gaming faces cyber attacks and breach of
data issues. TNC aims to bridge the gap in cyber security issues by offering its
upcoming TNC Mainnet to the gaming industry.
There will be more efficient and more secure blockchain-based storage for
the in-game assets of players. Secure gaming accounts, items, and rewards.
Through tokenizing games, player accounts, game items, rewards, and assets
are made secured against hacking and duplication.
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TNC Coin Whitepaper
In-game rewards with real value TNC Mainnet will provide a full-pledge
cryptographic gaming token with real value. These are listed in exchanges
that players can trade-off.
In addition, TNC Mainnet will engage players in a profitable and creative manner
such as rewarding them with item drops that can be sold for TNC-based game
tokens in the in-game item market. They can also exchange TNC-based tokens
at exchanges where TNC Coin will be listed.
Lack of earning opportunities for TNC will enable players to earn from
gamers blockenized games. Real crypto
rewards and airdrops will be made
possible within the gameplay.
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TNC Coin Whitepaper
1.3 Services
TNC delivers four primary services worldwide. With these services, TNC aims
to extend solutions to enterprises, and start-ups that want to explore the benefits
of integrating blockchain technology into their ecosystems.
The research for the top 1700 crypto and blockchain companies have started.
After careful deliberation, 500 companies will be taken into account and will
be under TNC’s umbrella. Later on, these companies will have a chance to
join the TNC global alliance for future projects and TNC
development.
TNC guarantees the best technical and management insights to its affiliated
companies in the future. With the most illustrious partners and advisors in the
blockchain sphere, TNC will provide blockchain consulting services necessary
to achieve a company’s objectives.
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TNC Coin Whitepaper
To help TNC carry out this service, it has partnered with several entities like,
company that provides enterprise-scale technical consultancy services to its
clients. TNC Group also partnered with Centurion & Co., Fairwinds, Tokenomics,
Usman Zafar, and BlockNet. TNC also continues to actively search for strategic
partnerships to achieve the company’s goal of uniting crypto projects.
Through TNC, companies can benefit from a platform that can provide 24/7
services in terms of marketing, communication, sales, and public relations.
Aside from this, with TNC’s coin development, companies can swap their
existing tokens to a stable and more secure one that can be used in a wide
variety of use cases. When it comes to security, a distinguished team of
cybersecurity experts is working beside TNC to ensure all security concerns
will be addressed.
Among all TNC partners, there are several that are chosen to focus on
implementing this service. Evorese is a Romania-based information technology
and services company that offers a seamless crypto payment solution to
users. For cybersecurity, TNC established partnerships with SEECRA and
Sigmachain. They offer various cybersecurity solutions such as mobile application
security, digital forensics, and critical infrastructure. Furthermore, Fundshing
provides solutions related to token offerings that help TNC integrate all the
companies, stakeholders, and business assets into a unified blockchain
ecosystem.
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TNC Coin Whitepaper
TNC aims to assist companies that are struggling with blockchain adoption.
By connecting them to the most qualified developers in the industry, learning
and harnessing blockchain technology will be made easier and more feasible.
TNC Group Crypto M&A program will enable developers from different projects to
work together in TNC. This enables developers to meet, interact, and collaborate
with other industry-experienced developers in the blockchain industry. It will drive
opportunities for career growth and individual skill development.
Categorized into two, core blockchain developers are mostly responsible for
designing blockchain protocols, developing the consensus protocols and
security patterns for the network, and supervising the entire network’s
architecture. Blockchain software developers, on the other hand, specialize in
developing smart contracts, decentralized applications (DApps), and backend
support.
2. Core Projects
2.1 Initial Project Investments
Starting as early as now, TNC seizes the chance to invest and support innovative
blockchain projects on its development stage. TNC will continue to yield its
investments into projects from various industries and work with different
individuals in making the ventures feasible and in line with its purpose.
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TNC Coin Whitepaper
2.1.1 Buyaladdin
Buyaladdin CEO Stanley Park presented his respective projects in the event.
Buyaladdin is set to change the e-commerce industry and boost cryptocurrency
adoption by integrating crypto payment into the daily lives of people. The app
will feature more than 50 big-name companies to shop from including Amazon,
eBay, Etsy, Rakuten, and Lazada.
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TNC Coin Whitepaper
This is the reason why the evaluation process is crucial. Factors like user base,
number of developers, community reputation, and listing exchanges are
assessed. Once the Crypto M&A initiative of TNC becomes successful, the
crypto industry will become more significant than ever. The crypto’s price will
not be the only basis for success; instead, it will be the complete synergy and
growth of each company combined into one.
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TNC Coin Whitepaper
Almost in a golden number, the list of Crypto M&A advisors will continue to
grow as TNC progress further. Among the most distinguished on the list are
CEO, founders, political advisors, and businessmen from all parts of the
world. Some of the notable personalities that work alongside TNC’s vision
are: Dinis Guarda, CEO and Founder of Ztudium; Dr. Mattia Rattaggi, a board
member of the Crypto Valley Association; Jorge Sebastiao, CTO of Ecosystem
at Huawei Technologies; Bruce Porter, CEO of GlobalBoost; and Aghiath
Chbib, CEO of Seecra.
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TNC Coin Whitepaper
After the mainnet swap, existing crypto coin holders of TNC’s ERC-20 tokens
holders are expected to participate in a swapping process to get TNC native
tokens that will run on TNC mainnet. Also known as token migration, it’s the
process of swapping digital tokens from one blockchain onto another
separate blockchain network.
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TNC Coin Whitepaper
As the main digital currency, TNC Coin currency has two main purposes. On
one hand, TNC Coin will be used for a token swap as part of our pioneering
project, the Crypto M&A. On the other hand, TNC Coin will be part of an
open-source network where gaming developers can fork and create TNC-20
standard gaming tokens through building gaming programs on TNC mainnet.
This function will open the new direction in the online gaming industry which
will allow TNC-20 to create its own ecosystem.
Gaming developers can create their own in-game currency of TNC-20 standards.
These tokens can be utilized in game interfaces to buy tools, upgrade skills,
and personalize gaming avatar and setting.
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TNC Coin Whitepaper
Game Rewards
Each game will have its own rewards system, depending on the difficulty of
the game players get rewarded with TNC-based tokens that can be converted
to TNC Coin to have real crypto value.
Trading
Players rewarded with TNC-based tokens within the games are able to use
their trade their in-game currencies to TNC Coins. Once exchanged, they can
utilize TNC Coin as regular cryptocurrency and trade them in crypto
exchanges for other cryptocurrencies.
The gaming sector and blockchain indeed will face a bright future together.
Blockchain offers a number of benefits that could be advantageous for game
developers to build a more reliable, efficient, and secure gaming programs.
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TNC Coin Whitepaper
Additionally, gamer accounts are vulnerable to the growing cyber hack case
credential stuffing. It is a form of automated cyberattack wherein a breach of
username/password is performed to fraudulently use a user’s gaming
account. Despite the efforts of gaming companies to ensure security measures
to protect user accounts, no organization is truly safe from this attack.
The TNC mainnet brings the power of blockchain technology to the gaming
world. Players can use these tokens to interact within the games and redeem
exclusive goodies. The network would serve as a solution to the growing
threat of cyberattacks such as gaming asset hacking and credential stuffing.
Gaming developers can assure their game will seamlessly run, efficiently
operate, and securely store data when integrated on TNC blockchain. Protecting
the gaming program, players and the gaming development’s reputation entirely
from fraudulent attacks and cyber hackers.
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TNC Coin Whitepaper
The gaming industry is in a healthy state as both console and PC games are
also growing in a steadfast manner. The console is the second-largest segment
with revenues of $47.9 billion in 2019. This number has grown at +13.4%
from the previous year, as the next-generation Xbox and PlayStation consoles
were released in the market. While, the overall PC segment generated $35.7
billion dollars at a +4.0% growth rate. Because of the ongoing transition from
browser games, downloaded/boxed PC games are expected to grow a
CAGR of +5.4%, generating $37.3 billion by 2022.
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TNC Coin Whitepaper
The Asia-Pacific region generated $72.2 billion this year, or 47% of the total
global games revenue. This represents a +7.6% year-on-year increase. The
share of total revenues claimed by the Asia-Pacific region has increased
slightly over the past years due to continuous growth in smartphone gaming,
for which the region has the record for having the largest player base.
North America and EMEA regions are ranked as second and third consecutively,
with small differences in number. The former having shared $39.6 billion
which is 26% of the global games market, while the latter amounts to $34.7
billion which is roughly 23%. The numbers show that both regions are
expanding their diverse markets when it comes to gaming. Accordingly, Latin
America contributed $5.6 billion in in-game revenues this year taking 4% of
the market revenue.
Growth in the coming years will cement Asia-Pacific as the largest region by
game revenues, as the fastest-growing markets in the coming three years will
be India and various countries in Southeast Asia. More importantly, the largest
single market is expected to be the USA, surpassing China as it reaches $50.7
billion in 2021.
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TNC Coin Whitepaper
The mission of TNC is to develop a gaming ecosystem that will utilize TNC
Tokens and its blockchain. It will propagate the use, awareness, and
understanding of having tokenized game development and gameplay and
build a thriving community of gamers, game developers, and enthusiasts.
Blockchain-based Gameplay
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TNC Coin Whitepaper
and total token supply. They can also create and customize their tokens on
the TNC blockchain and trade these in crypto exchanges.
With TNC Mainnet, developers and game designers can tokenize in-game
purchases. Developers will allow players to buy and own various items and
use them in any games created within the TNC blockchain platform. While
TNC is unlikely to change gameplay itself, it will hugely impact the actual
in-game experience by providing a more convenient way for users to acquire
in-game purchases, earn an additional profit, and build a network with
gamers within the community.
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TNC Coin Whitepaper
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TNC Coin Whitepaper
A. TNC Fume
In gaming developments, there are transactional options for developers to
build a project on TNC Mainnet which within the TNC ecosystem is called
Fume. A fume is a unit measuring the amount of computational effort to perform
transactions. Every operation that will occur within the TNC network will require
a determined value of the fume. Fume can be a point system or a currency that
can be spent to buy operational power in the network.
When developers start forking from TNC mainnet, developers have the
option to choose which transactions to include. They may opt for the ‘no
transactions’ option, or they can choose to randomly select transactions.
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TNC Coin Whitepaper
C. Token Value
TNC Mainnet paves another avenue for players to earn a cryptocurrency with
real value. By converting TNC-based gaming currencies to TNC Coins, players
will be able to acquire and utilize TNC Coins. By allowing players to trade,
exchange, and withdraw their earn gaming rewards.
Players are deposited into their internal wallets on the TNC ecosystem. These
tokens are readily available for serving various purposes such as trading,
exchanging in crypto exchanges, and spending on integrated in-game
marketplaces. Players are also capable of transferring TNC Tokens from their
in-game wallet to their crypto wallet so long as they are TNC-20 compatible,
and vice versa.
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TNC Coin Whitepaper
3. Road Map
2019
2020
2021
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TNC Coin Whitepaper
4. Disclaimer
General Information
4. This whitepaper is used to introduce the TNC Group to the community and
to highlight all of its unique features. It only serves the purpose of providing
comprehensive information to the reader regarding TNC and nothing more.
Risks
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TNC Coin Whitepaper
launch its platform as initially scheduled; and, the company may not be able
to develop its blockchain system as initially planned due to many factors
including legal, technical, technological, or financial. Therefore, interested
TNC Token purchasers are expected to buy the said tokens at their own risk.
Due Diligence
TNC Tokens
1. TNC Group will have its native TNC Token as a means to allow users access
to various features and functionality within its platform, as described in the
earlier parts of this whitepaper.
2. TNC Tokens will be given to branches and will be a payment method for
TNC Services such as blockchain consultation, development, or marketing.
3. TNC Tokens are available for use in the Buyaladdin shopping platform.
No Investment
1. TNC Group does not and will not endorse its TNC Token to the public as
investment assets. TNC Tokens function as a utility token which will allow
token holders to have access to various features and functionalities within the
TNC ecosystem.
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TNC Coin Whitepaper
Legal
Legal Changes
Whitepaper changes
1. TNC Group maintains the right, at its sole discretion, to update, revise, or
change its whitepaper whenever it deems necessary, and without any
accountability to the readers.
You are required to read these terms and conditions carefully before using
the services that TNC Group provides. By using our services, you acknowledge
that you have read the terms and conditions. Once you agree to the following
terms and conditions you are an authorized user of TNC Group’s services;
failure to do so will imply the opposite. TNC Group reserves the right to
change, modify, and or remove portions of these terms at any time for any
reason. This section is not in any way an invitation to buy or
subscribe for any securities.
Refund Policy The purchaser understands and accepts that all purchases of
TNC Tokens are final and may be reversed only in case the minimum sale
does not exceed the soft cap. That information will be publicly available at
https://tncitgroup.com/. The refunds — if applicable — are to be made on the
purchaser’s demand solely to the account used by the purchaser for token
purchase.
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TNC Coin Whitepaper
Miscellaneous
1. TNC Group does not permit individuals under the age of 18 to purchase
TNC Tokens.
2. TNC Group and affiliates will not be liable for any delay or failure to perform
any obligation under this agreement where the delay or failure results from
any cause beyond reasonable control; labor disputes, or other industrial
disturbances; electrical, telecommunications, hardware, software, or other
utility failures, earthquake, storms or other elements of nature; blockages,
embargoes, riots, acts or orders of government; acts of terrorism, or war;
changes in blockchain technology (broadly construed), changes in the public
blockchain protocols, or any other force outside of TNC Group’s control.
3. TNC Group and the purchaser are independent contractors, and neither
party nor any of their respective affiliates is an agent of the other for any purpose
or has the authority to bind the other.
4. The failure by TNC Group to enforce any provision of this agreement will
not constitute a present or future waiver of such provision nor limit TNC
Group’s right to enforce such provision at a later time. All waivers by the TNC
Group must be unequivocal and in writing to be effective.
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