TecraCoin (TCR Token): Is it a Scam or Legit Crypto Project?
What Is TecraCoin?
TecraCoin is a blockchain-based cryptocurrency developed by the Tecra Project. The Tecra Project is a research and investment holding project that creates the necessary conditions necessary for researching and supporting the commercialization of advanced technologies protected by patents.
TecraCoin will have a website platform where scientists can submit their ideas after they are verified by the Tecra scientific team and the community has voted. The website will have experienced specialists and lawyers from the Kostrzyn Slubice Special Economic Zone who will ensure that the ideas of the scientist are implemented more quickly.
The first technology that TecraCoin seeks to commercialize is the Graphene, which the Tecra project identified and determined that the products will be marketable. Some of the graphene materials that have been patented include graphene flakes, graphene oxide and graphene foam, which can be utilized in the chemistry, medicine, and energy industries.
In regards to graphene, Tecra Investment will focus on its production for commercial and research purposes, promotion of graphene as an innovative material and selection of commercial companies that will use the produce graphene.
How TecraCoin Crypto Project Works
The Tecra project comprises of scientists who invest in ideas, investors who are informed of patent protected projects that can be commercialized, and the community that enhances the POW model by using their computing power to mine.
The funds received from investors purchasing TecraCoin cryptocurrency are stored in the Tecra investment fund where they are used to sponsor technological projects that will be commercialized in the near future.
All the projects undergo a verification process where business experts and scientists look for the most promising projects in terms of the profits they will generate and list them for the Tecra community to vote. Voting is done using portfolios and the projects that are voted for will receive funds that they can use to execute their ideas.
The project is then commercialized and after the investment is realized, the investors will receive lifetime returns from the project in the form of dividends. Alternatively, investors can sell their Tecracoins on the exchange markets.
Companies such as Graphene can also purchase the TecraCoins. To ensure that there is high demand of the TecraCoins due to limited supply, the Tecra Company will purchase the TecraCoins from the market for 30-70% of its profits.
TecraCoin integrates blockchain technology to create a user-friendly environment where investors do not have to undergo complex and long legal consultations. The blockchain technology also creates a ledger where the movement and usage of investment capital can be traced and verified thus guaranteeing the transparency of the investments.
Using the TecraCoin and the Tecra Blockchain, the project will create a transparent capital movement system that provides investors with access to the most profitable investment opportunities.
The Tecra team is made up of industry experts who have vast knowledge in investments and extensive contacts in the industry; this means that each Tecra technology project will generate profits and be useful in the future.
Real Asset Backing
TecraCoin is backed by a viable business and owners of the coins can use it purchase shares in companies selling real products. For instance, TecraCoin can be used to purchase shares in Graphene factories.