Three Protocol Launches $THREE Token: The Foundation of Decentralised Marketplaces
April 29 2024 - 9:35AM
Three Protocol, the first project incubated by Tectum, announces
the highly anticipated launch of its native token, $THREE. The
protocol’s vision is to deliver a series of decentralised
marketplaces to open digital commerce to the world, including the
unbanked, debanked, and privacy enthusiasts. $THREE is at the heart
of these marketplaces.
$THREE will be used across the entire Three
Protocol ecosystem. It will be used for payments and purchases,
facilitating access to services and products without central
oversight or geographical barriers. All aspects of Three Protocol
are built on blockchain technology, including their decentralised
identification (powered by zk-SNARK), neural network AI, and
tri-sig DAO capabilities.
As $THREE launches, Three Protocol takes another
step closer to delivering their series of ambitious decentralised
marketplaces and financial inclusivity for huge segments of the
global society. The tokenomics model is designed with the community
in mind. It aims to encourage participation and has significant
market liquidity thanks to the fair and equitable distribution.
Key features of the $THREE token
include:
- Market Liquidity: 75% of the
supply is earmarked for market liquidity. The team is building for
the community, and this liquidity will encourage trading activity
while maintaining price stability.
- Team Allocation: 15% allocated to
the team with an 18-month vesting period.
- Staking Opportunities: 10%
dedicated to staking, allowing long-term token holders opportunity
for revenue generation.
Starting with Jobs3, the $THREE token will be
used across the various exchanges. Jobs3 is the flagship
marketplace brought by the Three Protocol team, with a further 4
marketplaces featuring on the roadmap. That includes a
decentralised version of eBay, Uber, Autotrader, and food
delivery.
Alongside the marketplaces, Three Protocol has
unveiled a comprehensive roadmap outlining key milestones and
development initiatives:
- May: Launch of the
$THREE token on Uniswap with the $THREE/wETH trading pair.
- June: Introduction of
$THREE token staking, enabling token holders to earn rewards while
contributing to network security.
- July: Technological
enhancements to the Jobs3 platform, including the Neural Network AI
integration for improved job-matching algorithms and prompt-based
search capabilities.
The Three Protocol team has been working on this
project for the last 3 years and remains committed to both
transparency and accountability, not least through their fully
doxxed team and KYC. The smart contract and token passed with a
perfect score when audited by Cyberscope. With the support of the
Tectum team and the infrastructure they provide, Three Protocol
will quickly reach the broader community and deliver their vision
of decentralised marketplaces for all.
To participate in the $THREE token launch and
learn more about Three Protocol,
visit https://www.threeprotocol.ai/.
About Three Protocol:
Three Protocol is delivering a shift towards
inclusivity and privacy in digital commerce. They are providing the
opportunity for users to freely earn and spend without central
oversight from CBDCs and fiat systems. Three Protocol is building
for the unbanked, the debanked, the privacy-conscious, and
blockchain enthusiasts. With $THREE at its heart, Three Protocol is
poised to deliver freedom-giving, privacy-conscious decentralized
marketplaces.
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Disclaimer: The information provided
in this press release is not a solicitation for investment, nor is
it intended as investment advice, financial advice, or trading
advice. It is strongly recommended you practice due diligence,
including consultation with a professional financial advisor,
before investing in or trading cryptocurrency and securities.
Grant Robertson
Three Protocol
grant at threeprotocol.ai