TGT Token Economics

Trieu Vo
5 min readNov 11, 2018

TGT Token economics is one of the issues that startup businesses need to pay attention to, as it will greatly improve the functioning of the platform the company makes, it’s like getting started on your own. whitepaper for your company.

General principles :

TGT Token participates in the Core Protocol and Business Model first,

Priority holders of TGT tokens are also the target users, contributing priority to the , Twogap platform, Twogap ecosystem

Incentive mechanism principle:

Administration, offering incentives, access to applications and

Contribute to the most widely used network

token model of economics.

There is an assumption for most token models of economics based on people act according to Incentive Mechanism. This is based on the theory of Incentive Mechanism.

Human behavioural theory suggests that behaviour is motivated by an increased desire for incentives. In token economics, these incentives are

Tokens and they are used to motivate network members to behave for the benefit of the network.

Upgrading the Incentive Mechanism’s increased difficulty in addressing the relationship between users and cases of using TGT tokens in a dynamic way with increasing difficulty over time and frequency of Twogap core protocol and Twogap platform.

TGT’s circulating token must pass through the Core Protocol and Business Model, Platform, Ecosystem, reward principles described in the TGT Token Incentive Mechanism.

Cases using TGT tokens:

As there are many uses for tokens on the basis of it, the value will increase. Twogap Platform along with TGT fuel tokens circulating through the core protocol is a solid example of this principle. The TGT Token has a variety of uses on the platform and in the core protocol as well as the Business Model of Twogap.

Token fees for traditional securities products, continued tokenization and tokenization (n times token) for the purpose of listing and trading floor.

Release Fee:

Guarantee fee:

Transaction fee:

Hold

Used for Protocol for Crypto-Fiat Exchange — TGT token joins the core protocol

Used for Protocol for Crypto-Multil Crypto-Fiat Order Matching — TGT Tokens join Core Protocol

TGT users use token:

Investor, trader

Issuer

Underwriter

Relayer

Crypto Exchange needs to hold a TGT Token to actively activate the protocol and pay a TGT Token.

The traditional stock exchange needs to hold a token of TGT token to actively activate the protocol

TGT holder

Exchange User

Exchange Alliance Program member

Twogap reserve pool.

Sec — need to hold a TGT token to enable Exchange tracking as a compliance monitor.

Incentive Mechanism of TGT token fuel

The TGT’s auto-flowing token in the Core Protocol and the Incentive Mechanism underlying the Incentive Mechanism are designed to stimulate benefits by encouraging each Liquidity Pool Node (Exchange) to participate in the creation, operation, and opening. Wide system, which attracts all other objects.

TGT Token circulating in Incentive Mechanism

The fee system from Issuer, underwriter, investor, trader includes a token fee, issuance fee, guarantee fee, listing fee, transaction fee in the floor, transaction fee in the floor — via TGT token and smart contract

The input of the token fuel circle

User Fees = (F + C + E) * W

F: network fee

C: Exchange fees

E: exchange fee

W: weight per cent of the total

The payment system for the Liquidity-Pool-Node Owner (Exchange Owner) includes the usual Exchange Transaction Fee + Incentive from the incentive mechanism of the system for liquid pools involved in building and operating the Liquidity Pool Runs through the Exchange nodes — Pay through the TGT Token via Smart Contract (Similar to the mechanism Bitcoin Blockchain pays incentives for mining pools including transaction fees and extended operating systems).

The output of token fuel circle

Reward = (N / M * T * W) / D

N: number of transactions of Exchange

M: the total of the transaction of all exchanges

T: number of TGT-Token exists in the pool

D: Difficult

W: weight per cent of the total

Difficulty increasingly

Difficult = D = T / S

S: total supply of TGT-Token

T: number of TGT-Token exists in pool

Utility token

‘For fundraising, there are some other tips, you do not want your token to be considered securities. Remove any word related to your stock or dividends from your white paper and your token utility structure carefully. Get a lawyer to do the Howey Test and give your opinion. This may only save you some days. Be sure to seek your own legal advice before proceeding with the ICO. ‘ — Changpeng Zhao — CZ — CEO of Binance.

‘Howey Test’ is an experiment created by the Supreme Court to determine whether certain transactions qualify as ‘investment contracts’. If so, then under the Securities Act of 1933 and the Securities Exchange Act of 1934, such transactions are considered securities and therefore must comply with certain disclosure and registration requirements. The Securities Act and the Securities Trading Act have a broad definition of the term ‘securities’ (see Basic Terms for Shareholders and Investors to learn about your securities terminology.) A stock includes many familiar investment instruments such as notes, shares, bonds and investment contracts. or interest rates for investors.

No portion of any profits from the projects in which Twogap’s collective funds are invested (in response to ‘Business Prong’ and ‘reasonable expectations of profits’ of the Trial Howey Test.

Although serving in the securities sector.

TGT’s tokens are not securities tokens, they are utility tokens. They are only used to unlock services and transactions on the Twogap platform so that they are not subject to SEC regulations.

It provides an opportunity for users of this platform where customers can access and use Twogap’s technology procedures and not involve any investment concerns. This thus adds an advantage to the buyers of those who are using the service from the Twogap platform and thus meets the Howey test.

In addition, the TGT Token will be released during the sale period of December 2018 and users will be able to receive tokens.

This will be done after the start of the beta of the Twogap platform in November 2018 and these TGT tokens will be used for any aspect of the Core Protocol, platform and ecosystem. The TGT Token can become a digital asset in its own right. If this happens, it would be a coincidence for TGT’s utility as a means through which to activate the functionality on the Twogap platform.

The owner of the Twogap TGT token will have the right to vote, which will facilitate compliance with legal requirements.

Twogap is probably a new step and you have seen that their TGT token is really solid for Twogap to push all on the ICOs.

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