CoinAll Lists temtum, Next-Generation Public Blockchain temtum will have its world debut on the leading digital asset exchange

July 17, 2019 — CoinAll, one of the fastest-growing digital asset exchanges in the world, announced the world debut launch of temtum (TEM), a next-generation public blockchain and currency. Concurrently, CoinAll will launch a scaling trading contest. During the contest period, the top 10 users with the largest TEM buying volume can get 2% of the buying volume as a bonus. Users who successfully invite new users to join the contest can participate in a lottery, which offers 50% winning probability to split 80% of the transaction fee income.

temtum is regarded as a new-generation payment technology, operating on its own innovative and patented blockchain technology called Temporal. The temtum network surpasses market-leading financial products by providing a highly efficient cryptocurrency with quantum-secure network and low transaction fees. Now, temtum can deliver up to 3,000 tps with the capacity for theoretically unlimited tps.

“temtum is highly innovative with great potential, which entirely fits the project standard for CoinAll. We are dedicated to discovering high-quality projects with fair market prices and strong potential. This is what differentiates us from other digital asset exchanges. Many projects which were first listed on CoinAll have successfully launched on other top exchanges, including OKEx and Binance. We are very confident in temtum and this partnership.” said a representative of CoinAll.

The TEM scaling trade contest is set to last for 7 days, from 17:00 19 July to 17:00 26 July 2019 (HKT). Users who have passed KYC2 verification can enter the contest by trading any amount of TEM. At the start of the contest, all users will have a 50,000 TEM buying limit and are able to increase their buying limit by inviting new users. During the contest period, the top 10 users with the highest buying volume and their invitee users will be rewarded with bonus tokens.

The total reward for the inviter: 2% of their own TEM buying volume + 0.1% of Tier-1 users’ TEM buying volume + 0.04% of Tier-2 users’ TEM buying volume. For Tier 1 users, they will receive 0.5% of their own TEM buying volume, while Tier 2 users will receive 0.2% of their own TEM buying volume.

A fee lottery game will be held alongside the scaling trading contest. Users will be given a lottery chance for having successfully invited a new user. All winning users will share 80% of the transaction fee income generated in the trading contest. Each user is eligible to get 3 lottery chances at most.

Founded in 2014 by Richard Dennis, temtum is by far one of the most innovative public blockchains with a completed mainnet. So efficient in its blockchain structure and consensus algorithm, its global payment network can be run on just 50 smartphones, not requiring the huge resources required for proof of work consensus. The team has spent the past five years researching and developing a fully functioning and independently tested cryptocurrency network. This has enabled the temtum to test and optimize the network before its launch, alongside 3rd party security consultants. Unlike Facebook’s Libra, temtum is totally decentralized.

The team boasts more than 25 years of cryptography experience, and is led by former C-suite executives from the Silicon Valley and PhD in blockchain technology, having been originally founded by Richard Dennis, CTO of Dragon Infosec and the world’s youngest cryptography lecturer, and the company’s CISO, Dr Gareth Owenson.

Founder and CEO Richard Dennis MSc said, “We’ve received lots of great responses from the industry. We’re excited to soon be able to get the TEM coin into circulation. It’s great to be entering the next stage in the evolution of not only the temtum network but cryptocurrencies. We appreciate the vision of CoinAll, who looks for real-world applications rather than speculative assets, as well as their efficient team and extensive user base.”

CoinAll is the worlds’ fastest-growing digital asset exchange in 2019. As a strategic partner of the world-class exchange OKEx, CoinAll shares their advanced security system, 24-hour global customer support, as well as a 20-million user base of OKEx.

CoinAll is dedicated to exploring projects with high-quality and potential. Through establishing in-depth collaborations and importing resources, CoinAll strives to grow with its projects and is responsible for its users. Many projects which were fir st launched on CoinAll, including Lambda, Fantom, and Pivot, have then successfully been listed on top exchanges like OKEx and Binance.

A representative in CoinAll said, “We are very pleased to ​announce the ​cooperation with temtum. It’s a cryptocurrency like no other, which perfectly fits the project standard for CoinAll. With strong patented technology, combined with a fully effective network and backed by robust team, we are confident in temtum’s future growth as a payment currency. And we will continue to cherry-pick high-quality and potential projects from around the globe for our users.”