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Author Topic: [ANN] [ITO] The Tip Token (TTT) - Revolutionizing the way you tip!  (Read 1838 times)
Ikhazu
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March 25, 2018, 02:51:44 PM
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The Tip Token

Revolutionize the way you tip

 



What is The Tip Token (TTT)?

The Tip Token is a fully decentralized token built on the Ethereum blockchain.

It provides a fast and simple way to tip anyone around the globe, instantly; thanks to a considerable simplification of the blockchain address system.
TTT aims to encourage showing appreciation to service providers by incentivizing each instance of tipping and providing tangible benefits to tippers.
Moreover, with TTT and the SAN (Short Address Name, see below), every single ERC20 wallet owner will have the opportunity to link his public key to one or several personal and custom names of his choice (a nickname, an email address, a phone number, etc.).



What is the current tipping situation?

Nowadays, the most prevalent act of tipping occurs in the Service Industry, in gratitude for a good service in social settings such as bars & restaurants. However, this accounts for a minority of the tipping use cases. Thus, shouldn’t we also consider the other use cases where people deserve a tip for their services, which represents the vast majority?  Such use cases include; but are not limited to:

- Transport services (RelayRides, Uber, BlablaCar, etc).
- Housing services (Hotels, Airbnb, Couchsurfing, etc).
- Online services & reviews (Wikipedia, Yelp, Reddit, etc).
- Online content creators (Bloggers, Youtubers, Artists, etc).
- Face to face interactions (A neighbor helping to move out, a stranger helping to fix the car, etc).

For use cases such as these outlined above, there is no fast and natural way to tip these entities in an effort to show gratitude. This is where our idea comes into play.



What is The Tip Token solving?

The Tip Token and platform aims to solve the issues highlighted above by the following unique ambitions, setting us apart from the other organizations in the digital currency space:

- Considerably simplify the blockchain address system by replacing the traditional 40 characters public key which will be utilized to identify an individual’s wallet, with personalized Short Address Names (SAN) attached to each wallet. This removes the complexities of not only remembering one’s personal wallet public key, but also allowing for more accessible input when conducting a transaction.
The SAN technology is based on ERC721 tokens technology : every SAN is an ERC721 token. This technology is currently used by the CryptoKitties game.
Thus, if a wallet holds a SAN, the Short Address Name is automatically linked to it. Moreover, every time a SAN is created, an image (the Sanage) is created and associated to this SAN and thus to the wallet address owning the SAN.
We are currently developing a marketplace where users can sell and exchange SAN.
More information about the SAN HERE

- Encourage tipping by rewarding the tippers through various advantages provided directly by the content owner or service provider. Discounts, services offering and various other advantages will encourage occasional tippers to become regular tippers.

- The TTT platform further contributes and encourages the use of TTT tokens as a means for conducting transactions using TTT's Proof of Action algorithm. PoA rewards users for consistently using TTT as a value transaction by airdropping TTT to top users according to the number of transactions they have conducted per month. Wallets with the top 20 highest amount of transactions each month are chosen as part of our reward program. Currently, Ethereum mines 178650 blocks every month. This block number will serve as a countdown each month, readjusted to match current month’s Ethereum hashrate.



What are the main address simplification milestones?

There are 3 important steps that need to be described concerning the blockchain address system simplification:  

i) First of all, we will deploy the Tip Name Service (TNS) on TTT's platform, allowing everyone to create a SAN and link a simple address name, a social media username or even an email to their ERC-20 address.

ii) After the TNS, we will deploy the Custom Name Service (CNS) on the Ethereum Blockchain, which will allow every ERC-20 token to use short and personalized address names directly on the blockchain; in order to replace the existing and complicated ENS (Ethereum Name Service).

iii) Finally, we will develop specific name services for every other blockchain.





Who are we?

Like our community, we are a multicultural and eclectic team. But most importantly, we are a group of competent and motivated members whose goal is to develop a worldwide community around the TTT token.

Here is a quick view of the team members and advisors:




| Nicolas Nups: LinkedIn | Jonathan Teel: LinkedIn | Faisal Khan: LinkedIn | Bayou Bobby: LinkedIn | Phurpa Thapa: LinkedIn | Alex Honcharuk: LinkedIn | Nick Henry: LinkedIn | Marc Van Dijk: LinkedIn |

Advisors:



| Mazhar Khan: LinkedIn | V. N.: LinkedIn | John Tillerson: LinkedIn (Coming soon)| | Micheal O'Brien: LinkedIn |




Initial Token Offering information:

ITO participants need to register on our website first in order to be eligible for the pre-sale & crowdsale.

- 13.06 - 01.07: Crowdsale CURRENTLY LIVE



Roadmap



Price & supply

- Type: ERC-20
- TTT's price :  
Crowdsale - 1 TTT = 0.045$ --> CURRENTLY LIVE
- Total Supply: 600 million

Minimum contribution per person:

- Pre-sale and Crowdsale : N/A

Maximum contribution per person:

- Pre-sale and Crowdsale : 15 ETH



Token Distribution

The total TTT tokens supply is 600 Million. Below lists full breakdown of the distribution:

- 65% of the tokens will be distributed to investors.
- 15% of the tokens will be reserved for the ecosystem & airdrops.
- 20% of the tokens will be blocked for the team.

The tokens allocated to the team will be blocked for a certain time: 50% will be unlocked in December 2018 and the remaining 50% will be unlocked in June 2019.
These tokens allocation will be used as a compensation for the team and will serve as funds for further developments we have not released yet.



Unsold Tokens


Our main goal is to sell all the tokens allocated to the Initial Token Offering but if we do not achieve this target, we think it is fair to reward the TTT community by airdropping a part of the remaining tokens to the sale participants.


When will I receive the tokens?

You will receive the tokens within a day after your contribution.
We have already started distributing TTT bounty tokens.

Is KYC required?

In the crowdsale : NO. However, we will need basic personal information that you will fill when you register on our website.
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Referral System:

TTT being a community token, it is fair that we include and reward people contributing to its wellbeing.
For every person you refer, you earn 100 TTT per ETH your referral spends in the Initial Token Offering
If you are referred by someone, you also earn an extra 20 TTT per ETH you invest.

Example:  Jon refers Nico. Nico invests 10 ETH in the Initial Token Offering. Jon earns an extra 1000 TTT and Nico earns an extra 200 TTT.

There is no limit regarding the number of referrals one can get.



Lottery system:

Everyone that participates in the ITO will be eligible to enter a bonus giveaway lottery following their crowdsale contribution. This lottery pool will have a starting amount consisting of 500,000 TTT tokens donated by the team, and any remaining unused tokens that were reserved for our referral program. This pool’s total token amount will be evenly distributed within one week following the end of our Initial Token Offering, and given out to a randomly chosen 10 contributors.

For more information on our Bounty program, head on over to here!!




Crypto Riddles - A TTT game

As stated in the whitepaper, we intend to develop TTT based games in order to gather the community and expand our brand.
The first TTT game, Crypto Riddles, will reward a lucky winner with 100 000 TTT !
But be assured that the path to victory won't be trivial and participants will have to solve a lot of riddles and enigmas before being able to claim the winning prize.

More information about Crypto Riddles HERE and directly on CryptoRiddles' website :
cryptoriddles.com.




| The Tip Token | Community Manager |
| Website | Whitepaper | Telegram | Reddit | Twitter | Facebook | LinkedIn | Medium |
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March 25, 2018, 03:16:25 PM
 #2

If they are implemented successfully the Proof of Action algorithm and the Tip Name Service TNS sound like they might give this project potential. Since the project heavily relies on user adoption it seems like it could be one of the tokens that would actually be useful and beneficial if some tokens were airdropped to all Ethereum addresses.
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March 25, 2018, 03:28:42 PM
 #3

The ANN needs to be reposted with a higher account to display the images and the google form links. Tried reposting it but it seems not to work either. The maximum amount of contribution set for private investors is also good to avoid one person or group of people controlling the token's prize. If the Tip Name Service is successfully launched, the project will be a big one because this is what will separate this project from other related ones like TipBot and the rest offering the same service. I think an airdrop to raise awareness of the project is essential, so also is the social media bounty. 30 people doing all the social media campaign might not be able to get the required audience needed except of course if you intend to pay heavily for twitter and coinmarketcap banner and ad campagins

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March 25, 2018, 04:03:59 PM
 #4

If they are implemented successfully the Proof of Action algorithm and the Tip Name Service TNS sound like they might give this project potential. Since the project heavily relies on user adoption it seems like it could be one of the tokens that would actually be useful and beneficial if some tokens were airdropped to all Ethereum addresses.

It is indeed a token and project driven by the community. That's why the PoA is an important part of The Tip Token and so are all the other advantages rewarded to the tippers !
The blockchain in general is a way for users to interact with others and we want TTT to be of help by simplifying every transaction.
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March 26, 2018, 06:30:16 AM
 #5

The ANN needs to be reposted with a higher account to display the images and the google form links. Tried reposting it but it seems not to work either. The maximum amount of contribution set for private investors is also good to avoid one person or group of people controlling the token's prize. If the Tip Name Service is successfully launched, the project will be a big one because this is what will separate this project from other related ones like TipBot and the rest offering the same service. I think an airdrop to raise awareness of the project is essential, so also is the social media bounty. 30 people doing all the social media campaign might not be able to get the required audience needed except of course if you intend to pay heavily for twitter and coinmarketcap banner and ad campagins


Thanks for your try!
The problem is now solved and the images are visible.
Indeed, there are one or 2 other tipping projects but what makes us different is the fact that our solution will simplify not only TTT's transactions but every single transaction on the Ethereum blockchain; before being extended to every other blockchain.
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March 26, 2018, 08:35:16 AM
 #6

Interesting one.
As it is a community project, how do you plan to expand? Any ongoing listings or partnerships?
 
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March 26, 2018, 01:52:43 PM
 #7

Interesting one.
As it is a community project, how do you plan to expand? Any ongoing listings or partnerships?
 

At the moment and concerning the expansion part, we are focusing on 3 main points :
1) New partnerships
2) New exchange listings
3) Growing the community

Now I will explain in details each point.

1) New partnerships:

Partnering with new websites, companies and content creators is crucial. We want The Tip Token to be used naturally every time someone likes a content or is pleased by a service provided.
The more partners adopt TTT, the further TTT will spread.
We cannot disclose any names but we are currently discussing several partnerships!

2) New exchange listings:

More than a trading tool, exchanges are a way to increase volume and to introduce The Tip Token to traders.
Moreover, exchanges will be at start the only place where users can buy and sell TTT used for tipping.
We can already tell you that TTT will be listed on at least 3 exchanges after the ITO is over.

3) Growing the community:

Because The Tip Token is built for the community and forged by it, we want to gather as many users as we can around this project.
In order to achieve this goal, we launched the bounty program you can see above and we will organize monthly challenges and airdrops when the tokens are successfully distributed.
The PoA will reward TTT users and so will content creators!

I hope this answered your question.
 
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March 26, 2018, 02:04:31 PM
 #8

Not to sure about this one, there are many alts out there that could easily be used for tipping and is the "...replacing the traditional 40 characters public key which will be utilized to identify an individual’s wallet, with personalized short address names attached to each wallet." not something that Bitshares already has.

>        MFCHAIN        <
MERCHANT PAYMENTS + REWARD SYSTEM SMART CONTRACT PLATFORM
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March 26, 2018, 03:06:36 PM
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Not to sure about this one, there are many alts out there that could easily be used for tipping and is the "...replacing the traditional 40 characters public key which will be utilized to identify an individual’s wallet, with personalized short address names attached to each wallet." not something that Bitshares already has.

Hello Onionpealer.

More than a simple tipping currency, TTT is used as a way to motivate people to tip in exchange for several rewards and discounts.
Companies, services providers and content creators will be able to easily create and edit the smart contracts (built on the Eth blockchain) they have with their tippers.

Example:
An admin on Coinmarketcal logs into TTT Platform, setup a new smart contract stating: "if a user tips more than 100 TTT a week, he joins a whitelist and gets events before non listed people"

Bitshares only allows people to register an account name (on their exchange). You have to pay for it and you can't use it outside of their exchange nor their blockchain.
TTT Custom Name Service (deployed on the Eth blockchain) will let literally everyone owning an ERC-20 wallet link it to the custom name of his choice.
Then this custom name will be usable from and to every ERC-20 wallet.

Moreover, the tipping aspect being a major part of our project, we will spend a consequent part of our budget creating new partnerships with content creators and expanding online and offline; which differentiates us from other tokens.

I hope the answer could enlighten you.
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March 27, 2018, 07:30:54 AM
 #10

Interesting one.
As it is a community project, how do you plan to expand? Any ongoing listings or partnerships?
 

At the moment and concerning the expansion part, we are focusing on 3 main points :
1) New partnerships
2) New exchange listings
3) Growing the community

Now I will explain in details each point.

1) New partnerships:

Partnering with new websites, companies and content creators is crucial. We want The Tip Token to be used naturally every time someone likes a content or is pleased by a service provided.
The more partners adopt TTT, the further TTT will spread.
We cannot disclose any names but we are currently discussing several partnerships!

2) New exchange listings:

More than a trading tool, exchanges are a way to increase volume and to introduce The Tip Token to traders.
Moreover, exchanges will be at start the only place where users can buy and sell TTT used for tipping.
We can already tell you that TTT will be listed on at least 3 exchanges after the ITO is over.

3) Growing the community:

Because The Tip Token is built for the community and forged by it, we want to gather as many users as we can around this project.
In order to achieve this goal, we launched the bounty program you can see above and we will organize monthly challenges and airdrops when the tokens are successfully distributed.
The PoA will reward TTT users and so will content creators!

I hope this answered your question.
 

Yes ty.
can you give some exchange names? big ones like binance/bittrex? Smiley
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March 27, 2018, 02:15:36 PM
 #11

Yes ty.
can you give some exchange names? big ones like binance/bittrex? Smiley


As we are still discussing listing details (such as the listing date, the legal aspects, etc.), we cannot disclose any names for now.
However, we are confident about announcing officially a first listing during the private sale !
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March 27, 2018, 08:05:51 PM
 #12

Listing of a token should be after crowd sale ends as has been seen from many procjects

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March 27, 2018, 08:13:05 PM
 #13

What is the total token Supply?
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March 28, 2018, 06:29:27 AM
 #14

Listing of a token should be after crowd sale ends as has been seen from many procjects

It is indeed the case.
TTT tokens won't be listed until the ITO ends. We are currently concluding the agreements with a few exchanges so we can announce names to the community as soon as possible but no listing will happen until the crowdsale is over.
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March 28, 2018, 06:58:06 AM
 #15

What is the total token Supply?

The total supply is 600 000 000 TTT tokens and here is the distribution:

- 15% of the tokens will be distributed to private investors funding the project on its early stage.
- 20% of the tokens will be distributed in the pre-sale to early whitelisted contributors.
- 30% of the tokens will be distributed in the crowdsale.
- 15% of the tokens will be reserved for the ecosystem & airdrops.
- 20% of the tokens will be blocked for the team and unlocked only in several months.

More information on our website:
https://thetiptoken.io

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April 02, 2018, 01:10:26 PM
 #16

This is an interesting but some of countries don't know the tip system how much it is expensive and how much it is shameful to don't pay so it is an amazing idea to pay tip to people with fingers without any tens. I would like to know more about whitepaper. Because product is too much explained in a website and whitepaper is there any version which will be release after that?
Like i need more information.

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April 02, 2018, 01:19:56 PM
 #17

Seems like a nice idea, one that can change the tipping industry(maybe this is the start of such an industry).

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April 02, 2018, 02:25:26 PM
 #18

This is an interesting but some of countries don't know the tip system how much it is expensive and how much it is shameful to don't pay so it is an amazing idea to pay tip to people with fingers without any tens. I would like to know more about whitepaper. Because product is too much explained in a website and whitepaper is there any version which will be release after that?
Like i need more information.

Exactly, with TTT you just tip as you feel. Currently, most of the content creators and services providers do not get any tips; so even if you tip them but a couple of TTT, it's still considerably more than before.
The website has been updated with a "concept" page detailing TTT in 3 words and showing previews of the platform App.
Moreover, you a beta product will be released before the beginning of the crowdsale, and it will be tested on a partner website !
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April 02, 2018, 03:00:16 PM
 #19

This is an interesting but some of countries don't know the tip system how much it is expensive and how much it is shameful to don't pay so it is an amazing idea to pay tip to people with fingers without any tens. I would like to know more about whitepaper. Because product is too much explained in a website and whitepaper is there any version which will be release after that?
Like i need more information.

Exactly, with TTT you just tip as you feel. Currently, most of the content creators and services providers do not get any tips; so even if you tip them but a couple of TTT, it's still considerably more than before.
The website has been updated with a "concept" page detailing TTT in 3 words and showing previews of the platform App.
Moreover, you a beta product will be released before the beginning of the crowdsale, and it will be tested on a partner website !
Good that's an amazing step from TTT. Because it will make everyone easy to have a andriod and IOS device to give tip via global network/digital currency and it can help crypto world too to attract them by side of crypto world.

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April 03, 2018, 10:26:49 AM
 #20

Reserved Filipino translation of whitepaper. Thanks Nico!  Grin

It's our pleasure to expand TTT's community to the Philippines Wink
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