The project plans to deploy its own TNG token as an internal cryptocurrency. Participants will use it to access platform services and execute payments. TNG is therefore a utility token; as the team states, the TNG token will be an integral aspect of the platform that will facilitate some of its main functions.
Hello! That's right. TNG token has three key functions. First of all, it'll be used as a success fee for future profits. It is possible to say that TNG token is used as a profit margin. Once an investor connects his or her account to an algorithm on Tradingene platform, he or she is required to have a small deposit of TNG tokens. This is done because we charge no money in advance and take only success fee. We need to be sure that investor will pay us and developer once he or she earns money. Since we cannot withdraw anything from investor's account we demand to have a deposit in TNG. This deposit grows once investor makes money. So if Tradingene provides good algorithms, deposits with tokens will be bigger, this creating a demand. Once in a month payment of success fee is made.
Second function of TNG token is a mean of payment for additional services. This is more clear, if we provide quality services, people take more services, this increasing demand. We are going to provide services for creators and investors. These are additional services and both, creators and investors, can use platform without these services. We just think that users can get more with our additional functions.
Finally, TNG token is required to guarantee VIP status for ICO investors. This status is important for active users. You need to hold the lower between either 30k of TNG tokens (if token costa less than 1 USD) or number of TNG tokens worth 30k USD (if token costs more than 1usd).