Transient Tiers — ‘Your ticket to Play’

Rewarding the Transient community for their loyalty with exclusive experiences and earnings

Transient
Transient Network
4 min readOct 27, 2021

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We believe that the community is an extremely important part of our success, and that is the reason why we decided to work the details of the tokenomics structure to reward it with incredible benefits, privileges and earnings.

We’ll start by explaining how we’ll reward our holders, with guidelines around the amount and time of holding. A guide on how long you should keep $TSCT in your wallet to be eligible for the Advanced Tier, thus earning a no-limit access to all the tools of the revolutionary Transient system.

As you can see, the categories are separated by investment volume and hold time, the more $TSCT you have, the more benefits you will get, so let’s jump into the practical examples in our different dApps.

Smart Contract Creation dApps

TSC-Core / NDA’s by Transient

The small fee for creation and execution will be $5USD (paid in $TSCT) for every Next-Gen Contract interaction (creator and partner). As in the infographic below, you’ll see that the key point on holding $TSCT is to unlock access to a huge quantity of services.

Entertainment dApps

CryptoPool & P2PeSports

In those dApps, the limit for creation of Next-Gen Contracts (Comp Pools) is still directly attached to the Tier. And the taxes remain the same: $5USD in $TSCT token per Smart Contract interaction (creator and partner). But of course, there are extra benefits for being a part of the Advanced Tier — besides having $TSCT itself — including exclusive prizes and promos.

Summary of TT-Status Tiers & Rewards

As far as pool rewards go, for every $1, 75% will go to the community and 25% for the company. In the table below, we clarify how the benefits and rewards for holders will be distributed, following the timeline and hold value. As you can see, we have a lot of different benefits escalating according to each tier. The complete package — Advanced — has unlimited access to ALL areas, functionalities and exclusive offers of the network.

In practice you can enjoy the TT-Advanced — Transient’s Top Tier — with unlimited Smart Contract ideas coming true, creating multiple Next-Gen Contracts. Interacting with different partners and having different self-executing rules and predetermined values.

As a company, you will also be able to create a Next-Gen Contract to receive payments from customers, raising funds from multiple investors, breaking the bureaucratic barriers of conventional transfers and avoiding crypto transfer mistakes. These examples just touch the surface of possibilities, but your biggest advantage here is to test new ideas and solutions limitlessly and put them into practice anywhere, anytime.

Of course, all that without even taking the earnings into account.

As you already know, we want to reciprocate the loyalty we received from communities that participated in the IDO, and the way to do so is to classify as Top-Tier (Advanced) those who were with us from the beginning and continue to hold $TSCT — regardless of the hold amount. The crypto world is all about revolution, here you have the chance to fully participate in the Next-Gen Contracts first experiences by simply holding a valuable asset with an incredible asymmetry as $TSCT itself.

To ensure fairness, a schedule of first sweep of rewards will be published shortly after TSC-Core mainnet, so we will have tier assessment and reward calculation in due time — first rewards are likely to kick in from March 2022 .

Transient tokenomics are based on trust placed on us by the Community, therefore we always leave the door open to future changes if we realize other distribution schemes could make more sense for the project and its community. We know the revolutionary potential we have and we are keen to reward you for being with us so far. If you’re also aware of the revolution we are bringing to the world with the Next-Gen Contracts, don’t miss this unique opportunity and get the Advanced Tier as soon as you can.

We will continue to assess and enhance our Transient Tier system, meaning rewards and values may be subject to change.

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