Tribalisland Token on BNB Chain

Introducing Tribalisland Token (TIT): A New Arrival on the BNB Chain

Welcome to the detailed profile of Tribalisland Token (TIT), the latest addition to the BNB Chain. As an exciting new cryptocurrency token, Tribalisland Token (TIT) was launched with the intent to join the thriving BNB Chain ecosystem.

This token operates on the BNB Chain, an infrastructure that supports the creation and execution of decentralized applications (dApps) and allows users to transact in digital currencies seamlessly and securely.

At NewCoinHub, we provide up-to-date and comprehensive data about Tribalisland Token (TIT) including its current price, trading volume, liquidity status, and the number of holders. We also supply the official smart contract address, crucial for those interested in further exploration or investment.

Please note that the world of cryptocurrency can be volatile and unpredictable. We encourage all visitors to perform their own due diligence and research when considering investments. For the most accurate and recent data, continue to refer to this page, as we strive to update our information in real-time.

Read on to learn more about Tribalisland Token (TIT) and find answers to some frequently asked questions.

Token description

1.What is the Tribal Island Tribal Island is a web3 game based on Tokenomics 2.0. It is themed on islands and tribes and supports players to create building units, gather resources, breed monsters, PVE/PVP, grow fruits, trade, tribal wars and other gameplay. Tribal Island is dedicated to creating sustainable Web3 metaverse games. 2.What is TIT Token TIT tokens are the governance tokens of Tribal Island, the total number of issuance is 1 billion and will be destroyed by players' game behavior, the destruction limit is 990 million. TIT tokens are mainly used for project governance, ecological value reserve, NFT asset minting and trading, anchoring airdrop equity, and motivating the community. TIT token allocation: Treasury 10%, Private Sales 6.5%, Team 9.5%, Double 10%, Community 19%, Play to Earn 33%, Airdrop 11%, Advisors/Partners 1% 3.Who is the founder of Tribal Island? Tribal Island by Germany BTI Blockchain Tribal Island GmbH. 4.What Makes Tribal Island Different Tribal Island has two main differences from other web3 games. Firstly, Tribal Island no longer uses IDO/IGO to start the project, but the original "Double" to start the project. Double is defined as more, meaning that players will get double and more value back for participating in “Double”. Of course, the Double process is executed by a contract deployed on the BSC chain. The choice of Double also means that Tribal Island has no initial fundraising activity. Secondly, although Tribal Island also adopts the double token model, we have heavily borrowed from the real economy model to reconstruct the Tribal Island token economy to make it a sustainable crypto-economic system by balancing inflation and deflation. 5.How many Tribal Island (TIT) tokens are in circulation The total number of Tribal Island (TIT) tokens is 1 billion. As of mid-April, TIT tokens in circulation are 5 million tokens in circulation. Overall, 10% of the total supply will be released through Double to users who participate in the redemption of NFTs. In Double's first round, 2,000 NFT sales were completed, and all of the TIT tokens from the rocket pool were put into the liquidity pool after listing on PancakeSwap, with TIT opening price = 0.2 USDT. For every NFT sold by Double, 100 USDT will continue to be put into the TIT token liquidity pool on PancakeSwap in the form of LP. On top of that, 19% of the tokens will be used as community incentives, 6.5% will be used for later stage funding, 10% will be distributed to the team, 1% to advisors, 11% will be used for airdrops, and the remaining 10% will be injected into the ecosystem vault. 6. How Tribal Island network is protected The Tribal Island (TIT) token is a BRE-20 token operating on the BSCsmartchain, so its security is protected by the BSC consensus mechanism. 7. Where can I buy TIT? TIT tokens went live on PancakeSwap on June 14, users can buy TIT tokens on PancakeSwap exchange.