Let’s start the day off with a bang as I have drafted a long post about a project close to my heart!
$TET
Mass crypto adoption feels unattainable sometimes if even buying something online is a struggle.
Fortunately,
@tectumsocial is poised to change this, paving a new way for the future of crypto payments, with
$TET shining as the centerpiece of this revolution.
🚀 Crypto never ceases to amaze with fresh and intriguing ideas surfacing consistently, yet don't you find it strange that we still can't buy a simple cup of coffee ☕ with our
$BTC at the local café, even after all these years? (Some places in Dubai but I mean generally)
Real adoption necessitates addressing this, but
$BTC's extreme slowness 🐌 and astronomical fees stand in the way of incorporating it into everyday life – a predicament mirrored by
$ETH due to high gas costs.
The solution?
@tectumsocial has created a revolutionary method for spending Crypto in the real world. 🌐
With aspirations to become the crypto realm's Visa or MasterCard, Tectum employs the security level of the Bitcoin 💼 network coupled with near-zero fees and instantaneous transactions.⚡
This innovative shift is possible due to the development of
#Softnotes - think of them as Digital Cash for Crypto.
Picture a Softnote as a key 🔑 to a crypto wallet. Users can mint Softnotes, load them up with liquidity to gather fees, and then spend these Softnotes. Meanwhile, merchants can withdraw the stored liquidity at their convenience, providing immediate access to their funds.💰
Since SoftNotes are powered by Tectum Blockchain, capable of facilitating up to 1.3 million transactions per second (50X of Visa or Mastercard's capacity) 💳, it becomes incredibly convenient for shoppers to use Softnotes for payments.
Merchants also reap significant benefits, as the payment acceptance fee is a meager 1% - nearly a third of what credit cards charge.
$TET is utilized to mint Softnotes, enable access to other services rolled out by
@tectumsocial, create tokens on the Tectum blockchain, secure discounts for vendors, and more.
Given such a thriving ecosystem, the impressive performance of the native token,
$TET, would be less of a surprise and more of an expectation.💰
$TET has been on a massive bull-run📈 since pre-sale, demonstrating strong resilience during recent market drawdowns.
Given the robust tech behind
$TET,
@tectumsocial, and the team's relentless efforts for sustained improvement, my excitement is rife about the long-term prospects of
$TET. 💎🚀
Watch the video attached that gives a simple explanation of the soft notes!