TCC Token

Our Triple Confirmation Community Token is a Utility Token living on the Avalanche Blockchain. TCC is needed to play in the Pothead World, and TCC is used to reward the community for their activity.

Overview and Disclaimer

Cryptocurrency trading involves substantial risk of loss and is not suitable for every investor. The valuation of cryptocurrencies may fluctuate, and, as a result, clients may lose their entire investment. The TCC Token especially is not meant to be an investment; its purpose is purely to play in the Pothead World and to receive this Token for various activities in our Community.
The Triple Confirmation Community Utility Token gives you access to our Pothead World, Rewards from the TC Token Farm, and all other features we offer to our community. The Utility of our TCC Token will always be to operate, use, and enjoy all our decentralized or centralized community features. But before we go into the specifics of our Token, we would like to inform you about the differences between Crypto Coins and Tokens, what a Utility Token is, and why the Triple Confirmation Community Token is not a Security (Token).
Coins vs. Tokens
What is a Utility Token?

The Howey Test

A little more than a decade ago, cryptocurrencies were essentially an academic concept. The idea seemed far-fetched to most people. But that all changed in 2009 with the creation of Bitcoin. Fast forward to today, and the world’s cryptocurrency market is worth more than $3 trillion. There’s no question that crypto is here to stay, and it will undoubtedly continue to disrupt countless industries. But along with the technological advancements, the cryptocurrency era has ushered in a host of confusing and complicated regulatory challenges. The rapid expansion of digital assets has seen ample debate about whether these assets should be classified as currencies or securities, which would subject them to regulations. So how is the classification determined? It comes down to a particular test: the Howey Test, which determines whether a transaction is an “investment contract.” Let’s take a look at the Howey Test and how it applies to crypto. You may have heard the phrase before, but do you know what the Howey Test means?
What is the Howey Test?
What is a Security?
The Triple Confirmation Community Token IS NOT a Security: With the buy of TCC, you'll not get a share of our company, trust, or any partnership. The TCC Token is only meant to be a digital asset that allows you to use our community services. The value of our Token is determined in a decentralized manner out of the control of any corporate entity; we cannot guarantee any gains from our Utility Token, nor do we encourage profit expectations from market fluctuations. We'll not borrow funds from our users, so the definition of a Debt Security or Hybrid Security is not met for the TCC Token either.
Origins of the Howey Test
What are the four elements of the Howey Test?
The Triple Confirmation Community Utility Token IS NOT passing the Howey Test.
  1. 1.
    An Investment of Money: Well, of course, you'll invest another digital asset (we better not open up the discussion if that is money) to get your hands on our TCC Token. But it's not a traditional Investment; you'll just get a Token that allows you to use our Community features and rewards; we'll never claim that investing your hard-earned money into our TCC Token is a legitimate Investment Endeavour.
  2. 2.
    In a common enterprise, There is not a clear definition of what a "common enterprise" is, so we'll not go into details on that element.
  3. 3.
    A reasonable expectation of profit, as explained in Point one, nobody should see the TCC Token as an investment; profit expectations are not encouraged by the project and its Founders. TCC is purely meant to be a token that powers our services.
  4. 4.
    Derived from the efforts of others, the Triple Confirmation Project has no control over the monetary success of the Token; TCC will only exist in a decentralized manner and value proposition. The Project is sustainable without a value increase of the TCC Token; a rise in value will, of course, benefit the project but is not essential for the success of the project.

The Triple Confirmation Community Token

Fixed Max Supply: 1,420,690,000 Not deflationary nor inflationary. Contract: TBA
Allocation for:
Percentage
Amount
tcPOT to TCC Migration
2.1%
29,834,490
Incentives
20%
284,138,000
Treasury
20%
284,138,000
Liquidity
22.9%
325,338,010
Game Development
20%
284,138,000
Founders
10%
142,069,000
Charity
10%
142,069,000
The Founders Allocation is subject to a 4 year and 2 months Vesting Period.
Last modified 2d ago