What is Trittium and Why Do I Hold It?Trittium is a Proof of Stake/Masternode coin which supports anonymous transactions. It offers masternodes with high rewards, mulitple use cases that create value, a thriving community and most importantly a hard to find investment opportunity.
The Trittium team is building a unique crypto based loaning platform, a one-click masternode hosting web wallet, and a debit card that will work with the funds you can borrow from the loaning platform. All of this and more is creating value for their PoS crypto named Trittium (TRTT).
Loaning PlatformThe Trittium loaning platform will utilize Peer to Peer collateralized loans which allow you to put in Bitcoin or TRTT coins in as collateral and borrow up to 70% of the worth of the collateral in either USD or EUR.
Theoretically, with this platform an investor could put in 1 btc as the collateral and borrow $5390 in USD (70% of BTC’s $7700 value.) Then put the $5390 into bitcoin again in hopes that it increases. If BTC were to then increase to a realistic $20,000 in the future, the bitcoin purchased with the borrowed money would be worth $14,000. This would be a profit of $8610 (not accounting for the loan fees which are negligible.) After paying off your loan you would have your 1 btc back and profit $8610. This is a great example of how TRTT’s loan platform will work.
Masternode hosting
Out of the cryptos even offering masternode hosting and hold it as their sole purpose as a coin, TRTT on the other hand will have hosting masternodes as only one of their uses. By doing this, they create another use case for their coin.
Debit CardsThe Development team currently has a license which will allow them to issue debit cards. These debit cards are planned to be backed by the loan platform. This is another great use case for this coin!
Revenue StreamsThese are the planned revenue streams that will help to create value for the coin:
1)Loans revenue
2)Masternode Hosting
3)Debit Cards.
4)Gateway revenue
5)Payment from coins to be integrated into TRTT’s gateway
6)Payment from coins to purchase white labeled web wallet and mobile wallets.
TRTT Team Plan to Increase Value Using RevenueThe revenue streams are planned to go into three areas to increase the value of TRTT. (Percentage in each category is still being decided):
1) A percentage will stay with the company to allow operation
2) A percentage goes to purchasing TRTT on market and burning it to consume the APR and stimulate coin value growth
3) A percentage will be shared between masternode holders as dividend.
Other Sources of Value1)The coin’s idea/use cases are solid.
2)The development team is ahead of schedule, transparent and have the coin’s best interest in mind. 3)The dev team post frequently in Trittium’s discord about
The coin is undervalued: The loan platform will go into beta near the end of August 2018. The masternode hosting platform and debit card are planned to follow the loan platform after it has been established. All of which will create more value for the coin.
TRTT’s team has announced they are going to be changing the coins max supply from 500 million down to 200 million. This will increase the coins value when max supply is reached 2.5x of what it would have been at 500 million.
All in all, Trittium is a smart hold because it is a coin with a promising future, has multiple use cases, and allows investors to utilize compound interest.
The Compounding Opportunity.TRTT Masternodes currently have a high return on investment (As of now 342.09% or ~107 days at the current rate*)
If an investor were to put their coins into a shared masternode service that offers an auto-reinvest feature, they can get compounded interest daily if the service offers daily payouts. (Examples of this below)
This scenario is based off having one Masternode (50,000 TRTT coins) in a MN sharing service with the auto-reinvest feature on. (Coins compounded daily)MN sharing services generally charge 3–5% of total earnings. The math is based on a flat 5% fee from all MN earnings
These charts are based off the ROI staying at its current rate for the next year, unfortunately, as this project sees more and more success, the ROI will go down gradually. This will be at least somewhat offset by the dividend payments sent to masternode holders.
($=1 TRTT, 1 Year=1 day)
30 days from initial investment
90 days from initial investment
180 days from initial investment
365 days from initial investment
Math used for the charts
342.09% ROI per year /365 days in a year=0.937% return per day.
0.937% * 5% of hosting fees =0.04685%
0.937%-0.04685%=0.89015% Return per day after hosting fees
A conservative estimate on how many coins an investor may see with the strategy after one year would be 500,000–600,000 TRTT. This is conservative considering the aforementioned decreasing ROI over time. However, this estimate may be on the low side because it does not factor in the dividend payments from the six revenue streams to MN holders.
With a conservative 4x in value over the next year and assuming an investor were to end up with 550,000 TRTT coins from the initial investment of 50,000 TRTT,(currently worth $1501.10 USD) the end value would be worth $66,000 USD. This is a 43.97x gain on the original investment!
Trittium Website:
https://trittium.cc/Trittium Discord:
https://discord.gg/PtK3AsBFull transparency, these are my views on this coin. I hold the coin and I am entering in an article writing competition for promoting it. Also, this is not financial advice, these are merely my opinions for this coin expressed.
