The success of those multi-billion dollar companies have validated optimism around technologies like AI, IoT and blockchain, the inspiration of Bitcoin – a decentralized currency liberated from any central bank’s control.
But among the handfuls of other prominent blockchain projects — most of which are only quasi-operational — one is remarkable both for its developers’ location and thus the audacity of its ideas. It’s called Tatcoin, often shortened to $Tat.
It’s creators Gaius Chibueze, nicknamed the Bitcoin Chief, and his creative team at ABiT Network are expanding the frontier of possibilities within the nascent industry with a high scope technology.
Tatcoin Token, under the Parent Company ABiT Network, could also be a tradable token within the cryptocurrency market which may be used because the official transactional currency of the ABiTnetwor and also function a store useful .
This utility token is targeting simplifying payment processes for goods and services and would be available to every user on the ABiT network Ecosystem, which strikes the balance of benefits of old-good cryptos and thus the innovation that's to eliminate their drawbacks.
The newly launched seems successful and is developing rapidly making the news around Africa, making the community of Tatcoin holders happy, because it commands adequate security, imposes no limits on the exchange and has been listed on multiple exchanges already. The Tatcoin token has high growth potential.
Tatcoin is an Ethereum coin supported the ERC20 platform, which speaks for itself — the foremost profitable cryptocurrencies utilize the same platform. Ethereum has won acclaim from corporate clients, which none of the rivals (except Bitcoin) has matched. Tatcoin Tokens were distributed via public sale and thus the corporate raised over 720,000$ at a pre-sale price of 0.03 USD.
The token gives users a spread of privileges, like discounted rates faster transactionsand simple making payments within the Ecosystem. Tatcoin has already been listed on popular exchanges since July 2020.
And has gone from a Presale price of three cents to over 10 cents as at the time of writing this report. ABiT Network itself features a thoroughly developed business roadmap, which they're sticking to quite firmly: the quantity of products they're building to support Tatcoin and form its use cases is consistently growing, and within the closest future, they're going to integrate with multiple partners and repair providers outside thier Ecosystem and push the decentralization even further — this ensures the dramatic increase in value.
“As you recognize , a token like bitcoin has an Ecosystem which we'll break this into different Valuechains which may be kind of a series,” said Obiajulu ABiT’s Chief Operations Officer.
ABiT Network is that the owner of Tatcoin and has birthed plenty of other companies or products
Using Tatcoin token as Transactional currency, which avails you discounts on all of those products which are called use cases of Tatcoin.
Use cases are what give Cryptocurrencies value. When people can use a token or coin to make purchases or buy services, this makes it easier for holders of such coin to be able to spend it and also vendors to be able to accept it because there's utility.
This is exactly what Tatcoin was created to be, a coin with world use cases with which you'll use to shop for your taxi fares with Abitmove , buy land investment with Abitcrowd , buy flights and other travel expenses on ABiTgo buy agricultural investment on ABiT Farm and far more.
But beyond the ECOSYSTEM utility of Abitnetwork , Tatcoin is tradable on Cryptocurrencies EXCHANGES.
Right now, Tatcoin is listed on Naijacrypto, Bidesk, IDEX and Bitfxt and actually they have ABiTrader which thier own peer to ascertain trading platform.
Apart from being a TRANSACTIONAL CURRENCY and A TRADABLE COIN, Tatcoin is and should also used as a store useful for people who want to hold for future thanks to limited supply and its TRUE utility which attracts new users daily.
This is because the supply can never be increased and other people who bought at 3 cents during pre sale and currently buying will sell for more are selling for more now that it's hit exchanges or hold for more years like folks that bought Bitcoin in 2009 for 1 cent and still holding now that it's worth about 9000 dollars.
Imagine buying something for 3 cents and holding it for five years or more which item bought at 3 cents get to be worth 5 or 10,000 dollars (just an instance
“These factors make this new player a robust attraction for anyone seriously involved cryptocurrencies,” said Obiajulu.
There could be different meanings to the word “ecosystem” but with regard to technology, it's the gathering of solutions that a corporation uses to run its business, and the way these solutions connect.
The ecosystem for Tatcoin contains ABiT rep, Tigur, ABiT go, ABiT Farm, ABiT Play, ABiT Skillsmart, ABiT Crowd, ABiT Charity and much more which we'll check out one by one in our next series
The Value Chain
A value chain may be a set of activities that a firm operating during a specific industry performs to deliver a valuable product (i.e., good and/or service) for the market.
The main reason ABiT was built is to supply value to the users and at an equivalent time get profit for the corporate and investors.
According to the Chief Operations Officer Obiajuly; these are the subsequent benefits Tatcoin accrues:
Gives the chance to create wealth Increases Participation in various markets
Give people access to credit
“With this value-chain, tons of individuals are going to be included within the ecosystem. ABiT is creating products really tailored for people’s needs,” says Ajulu.
Beyond just being a way of payment, Tatcoin are often used for tons of things, with tons of products within the ecosystem.
ABiT has also created a chance for many youths that want to make wealth but can’t patronize some platforms because they are doing not have the cash . ABiT gives everyone limitless opportunities.
For instance, you'll buy land on ABiT Crowd albeit you don’t have money, ABiT allows you to pool resources along side people . This also exposes opportunities for about 23 million youths without Jobs to create wealth.
If you check out the Ecosystem, the three major categories form a really interesting value-chain for the whole community. There are two products that is a gateway to the ecosystem, that's ABiT Trader and ABiT Reps. Those are the 2 major platforms which will bring more people in. So as people are creating wealth with ABiT Trader, ABiT Crowd and therefore the remainder of them, they're going to also re-invest the cash using an equivalent capital to spread to other platforms because if people patronize a product once and obtain an honest deal, they're more likely to become loyal customers.
ABiT has created an ecosystem that creates people use the products one after the opposite , an example is that if User A comes in through ABiT Trader, that very same User A also can explore ABiT Crowd and also re-invest within the native token, Tatcoin .
One thing ABiT has preached for a short time is telling users to save lots of money consistent with the COO Ajulu, but you've got to understand that so as to save lots of money, you would like a uniform flow of income, because albeit one has savings and puts it during a system that doesn't command multiple percentage financial gain , that investment could be liquidated by the holder.
This is why ABiT has created different products which will continue increasing the income of the users and that they are going to be likely to stay the investments.
As people come on board through ABiTrader and ABiTreps it'll also increase their participation in other platforms like ABiT Crowd and ABiT farms and buy lands, people are going to be ready to buy Land and leave it until maturity, also farm slots and at an equivalent time ABiT Discount shoppers makes it easy for people to shop for products like cloths , bags and shoes at a reduction rate and more cheaper price.
ABiT crowd allows people to crowdfund land and also building structures, ABiT go allows people to travel luxuriously round the world, ABiT Trader may be a structured platform that permits you study Cryptocurrency and also trade it , ABiT farms allows people invest in agricultural products and farms all tied together using Tatcoin. In essence, an enormous demand awaits the system and growth is inevitable.
Africa Emerging
The possibilities with Tatcoin is limitless on a continent of 1.216 billion people seeking to enhance trade with each other .
In July, Wamkele Mene the recently appointed Secretary-General of the African Continental trade Area Secretariat said: “digital trade is that the next big thing in Africa”.
What more to power such trade than blockchain technology efficient for receipt and tracking payments? What better product than Tatcoin with for its utility.
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