TORNOMY ECONOMIC INITIATIVES - Part 1
Crypto Collaboration ProgramTornomy actively develops resources that promote the adoption of digital currencies and enable access to a better financial system. Financial freedom and access to modern financial services and products are more than just a necessity, they should become everyone's basic right. We are ennobling utilities of cryptocurrencies and underlying technologies aimed at helping the development and growth of the whole space.
Today we are announcing the
Crypto Collaboration Program (CCP) for selected projects which are listed on Tornomy exchange. It is aimed at establishing a long-term relationship through incentivizing trading volume of a given cryptocurrency on Tornomy exchange. Tornomy will donate up to 5% of profits generated by trading fees from a coin listed on Tornomy exchange. The following procedure and basic requirements could apply:
- The coin’s team needs to officially apply for the program at
[email protected] - The coin’s team needs to define how the donated funds will be spent and utilized. An example would be a targeted community event organised by the coin’s team and community, aimed at increasing development of the given coin, and appraisal and recommendation of Tornomy exchange via social media or similar.
Example:
Coin ABC has had a very successful month in terms of trading volume and the Tornomy exchange fees generated by the ABC trading pairs were 50 BTC and 200 ETH. Also, let’s say ABC has a huge undertaking planned and Tornomy decides to dedicate 5% of fee revenues generated by ABC’s trading fees on Tornomy exchange. The ABC foundation then provides Tornomy with the expenses and Tornomy donates 2.5BTC and 10ETH to ABC. The coins are then used to hire developers, marketers, etc. We will have a special offer for the
first 10 projects who join the Crypto Collaboration Program. This is a mutually beneficial program for crypto projects, Tornomy and our communities. Also, this is a simple yet efficient way to showcase how projects and communities can jointly work towards the same goal, which is further developing the whole blockchain ecosystem. Lastly, in the case of projects which are not ERC20 coins, Tornomy also offers its own-developed ERC20 wrapping solution (WaaS) in order to expand the footprint of any project within the Ethereum ecosystem in a simple way and free of charge. The wrapping solution is already live at
https://www.tornomy.com/swap-coin For exchange listing fees, please refer to the following link:
https://support.tornomy.com/hc/en-us/articles/360051904271-Listing-fees