Can you clarify how TCR and TOS token works, I'm confused, you said TCR token is utility token, so what is the TOS?
Thank you!
Luck!
TOS token will be used for Token Curation Registry (TCR) process, As KRATOS platform user base increases, more tokens will be required for TCR process.
Hi! Thank you for the reply.
Nowadays useful blockchain platforms are becoming more and more complicated. Can you clarify what exactly process will proceed within TCR what is the curation registry means?
Best wishes!
TCR (Token Curated Registry) is a voting process for whitelisting qualified trades on the platform. The community gets financially incentived to particpate in the voting process where they get incentive stakes for making the right decision
Hello! Thanks for the reply!
Ok. If I've understood right, the community is voting for the future trades on the platform? but how they will do the right decision. What's sense did you conclude in "right decision"
p's'
this project is exploding my brains
Token holders are incentivized to ensure that the resulting list or token curated
registries are of the highest quality for both the common interest as well as well as
for their own self-interest. First, by maintaining a registry of the highest standards,
token holders who submitted trade finance applications are rewarded by gaining
access to another vehicle for trade finance which was previously inaccessible.
Second, token holders who curated trade finance applications are rewarded if
they make sound economic decisions and they are punished if they make bad
economic decisions while producing the token curated registry.
To learn more about how the TCR works, I invite you to read the white paper, section TOKEN CURATED REGISTRY #10
Link:
https://kratospct.io/pdf/KRATOS%20Whitepaper%2003072018v0.2.pdf
