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Welcome to the Future of NFTs with Ternoa

July 8, 2024
Altcoins
5 min

Ternoa is revolutionizing the NFT landscape by offering a comprehensive and secure blockchain experience for both developers and users. At its core, Ternoa allows users to store private data within NFTs and set conditions for automated transfers, ensuring that digital memories and assets can be shared securely and efficiently. Imagine combining multiple NFTs into one or lending and sharing your NFTs while retaining full ownership. Ternoa makes this all possible on-chain. With its advanced security features such as Shamir Secret Sharing (SSS) and Trusted Execution Environments (TEE), Ternoa ensures that your private data remains safe throughout its entire lifecycle. Dive into the future of NFTs and discover how Ternoa is paving the way for more secure and flexible digital assets.

What is Ternoa?

Ternoa is an NFT-focused blockchain that aims to provide the best experience for developers and users of NFT-driven decentralized applications (dApps). The platform's innovations include the ability for users to store private data within NFTs, set user-specified conditions for automated transfers of secret NFTs to other wallets, lend or share NFTs while retaining full rights and ownership, combine multiple NFTs into a new NFT, and share NFT ownership through fractionalization. All of this is done natively on the blockchain.

Key Features of Ternoa

  1. Private Data Storage: Users can store private data within NFTs, ensuring that sensitive information is securely held on the blockchain.
  2. Automated Transfers: Users can set conditions for automated transfers of secret NFTs to other wallets, making it easier to manage digital assets.
  3. Lending and Sharing: Users can lend or share NFTs with others while retaining full rights and ownership.
  4. NFT Combination: Multiple NFTs can be combined into a new NFT, offering more flexibility in managing digital assets.
  5. Fractional Ownership: NFT ownership can be shared through fractionalization, allowing multiple users to own a piece of a single NFT.

Advanced Security Model

Ternoa's unique security model ensures that private data stored by users in NFTs is safe from the beginning to the end of the NFT's lifetime. The platform uses advanced cryptography and trusted computing technologies such as Shamir Secret Sharing (SSS), Trusted Execution Environments (TEE), encryption, software attestation, and secure hashing to provide privacy and safety for NFTs.

CAPSULE COINS

The Ternoa blockchain rewards validators with CAPSULE COINS (CAPS), the native cryptocurrency of the Ternoa ecosystem. CAPS are used to facilitate transactions on the Ternoa blockchain, including minting new NFTs, adding collateralized data to an NFT, encrypting data attached to an NFT, transferring an NFT, and storing data securely and decentrally.

Ternoa Market Data

  • Current Price: $0.0392
  • Market Cap: $50,411,782.44
  • 24h Price Change: 5.03%
  • 7d Price Change: 22.17%
  • 30d Price Change: 93.36%
  • 24h High: $0.0402
  • 24h Low: $0.0373
  • All-Time High: $0.2243 (2021-06-07)
  • All-Time Low: $0.0058 (2022-11-21)
  • Circulating Supply: 1,287,030,207 CAPS
  • Total Supply: 2,495,986,190 CAPS

The Purpose and Utility of CAPS

The Ternoa crypto token, known as CAPS, is the native coin of the Ternoa blockchain. It is used to facilitate transactions on the Ternoa blockchain, including:

  • Minting New NFTs: CAPS are used to create new NFTs on the Ternoa blockchain.
  • Adding Collateralized Data: Users can add collateralized data to an NFT using CAPS.
  • Encrypting Data: CAPS are used to encrypt data attached to an NFT, ensuring privacy and security.
  • Transferring NFTs: CAPS facilitate the transfer of NFTs between wallets.
  • Storing Data: CAPS are used to store data securely and decentrally on the Ternoa blockchain.

Solving Real-World Problems

Ternoa aims to solve the problem of preserving memories and ensuring privacy and confidentiality by using blockchain technology to create time capsules in the form of NFTs. These time capsules allow users to store important memories, seal them in time capsules, and ensure that their descendants will someday receive them. The project also addresses the issue of data decentralization by designing Ternoa as a parachain of the Polkadot network, allowing it to have its own private network of servers while decentralizing data through the Ternoa network.

Tokenomics and Distribution Model

The Ternoa crypto token, CAPS, has a total supply of 2.5 billion tokens. The distribution model includes various categories, such as:

  • Team: 16% of the total supply is allocated to the team. As of the current date, 3.67% of the total supply has been unlocked, and 12.3% remains locked.
  • Development: 15% of the total supply is allocated to development. Of this, 10.5% has been unlocked, and 4.46% remains locked.
  • Staking Rewards: 12% of the total supply is allocated to staking rewards.
  • Ecosystem & Partnerships: 10% of the total supply is allocated to ecosystem and partnerships. Of this, 6.53% has been unlocked, and 3.47% remains locked.
  • Seed: 8% of the total supply is allocated to seed funding. This allocation has been fully unlocked.
  • Reserve: 7.1% of the total supply is allocated to reserve. Of this, 2.33% has been unlocked, and 4.77% remains locked.
  • Marketing: 6.9% of the total supply is allocated to marketing. Of this, 4.83% has been unlocked, and 2.07% remains locked.
  • Strategic Round: 6% of the total supply is allocated to strategic round. This allocation has been fully unlocked.
  • Private Round 2: 5% of the total supply is allocated to private round 2. This allocation has been fully unlocked.
  • Advisors: 4% of the total supply is allocated to advisors.
  • Community Sale: 4% of the total supply is allocated to community sale.
  • Liquidity: 3% of the total supply is allocated to liquidity.
  • Private Round 1: 1% of the total supply is allocated to private round 1.
  • Public Sale (IDO on Ignition): 1% of the total supply is allocated to the public sale on Ignition.
  • Public Sale (IDO on DAO Maker): 0.75% of the total supply is allocated to the public sale on DAO Maker.
  • Airdrop: 0.2% of the
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Ternoa is revolutionizing the NFT landscape by offering a comprehensive and secure blockchain experience for both developers and users. At its core, Ternoa allows users to store private data within NFTs and set conditions for automated transfers, ensuring that digital memories and assets can be shared securely and efficiently. Imagine combining multiple NFTs into one or lending and sharing your NFTs while retaining full ownership. Ternoa makes this all possible on-chain. With its advanced security features such as Shamir Secret Sharing (SSS) and Trusted Execution Environments (TEE), Ternoa ensures that your private data remains safe throughout its entire lifecycle. Dive into the future of NFTs and discover how Ternoa is paving the way for more secure and flexible digital assets.

What is Ternoa?

Ternoa is an NFT-focused blockchain that aims to provide the best experience for developers and users of NFT-driven decentralized applications (dApps). The platform's innovations include the ability for users to store private data within NFTs, set user-specified conditions for automated transfers of secret NFTs to other wallets, lend or share NFTs while retaining full rights and ownership, combine multiple NFTs into a new NFT, and share NFT ownership through fractionalization. All of this is done natively on the blockchain.

Key Features of Ternoa

  1. Private Data Storage: Users can store private data within NFTs, ensuring that sensitive information is securely held on the blockchain.
  2. Automated Transfers: Users can set conditions for automated transfers of secret NFTs to other wallets, making it easier to manage digital assets.
  3. Lending and Sharing: Users can lend or share NFTs with others while retaining full rights and ownership.
  4. NFT Combination: Multiple NFTs can be combined into a new NFT, offering more flexibility in managing digital assets.
  5. Fractional Ownership: NFT ownership can be shared through fractionalization, allowing multiple users to own a piece of a single NFT.

Advanced Security Model

Ternoa's unique security model ensures that private data stored by users in NFTs is safe from the beginning to the end of the NFT's lifetime. The platform uses advanced cryptography and trusted computing technologies such as Shamir Secret Sharing (SSS), Trusted Execution Environments (TEE), encryption, software attestation, and secure hashing to provide privacy and safety for NFTs.

CAPSULE COINS

The Ternoa blockchain rewards validators with CAPSULE COINS (CAPS), the native cryptocurrency of the Ternoa ecosystem. CAPS are used to facilitate transactions on the Ternoa blockchain, including minting new NFTs, adding collateralized data to an NFT, encrypting data attached to an NFT, transferring an NFT, and storing data securely and decentrally.

Ternoa Market Data

  • Current Price: $0.0392
  • Market Cap: $50,411,782.44
  • 24h Price Change: 5.03%
  • 7d Price Change: 22.17%
  • 30d Price Change: 93.36%
  • 24h High: $0.0402
  • 24h Low: $0.0373
  • All-Time High: $0.2243 (2021-06-07)
  • All-Time Low: $0.0058 (2022-11-21)
  • Circulating Supply: 1,287,030,207 CAPS
  • Total Supply: 2,495,986,190 CAPS

The Purpose and Utility of CAPS

The Ternoa crypto token, known as CAPS, is the native coin of the Ternoa blockchain. It is used to facilitate transactions on the Ternoa blockchain, including:

  • Minting New NFTs: CAPS are used to create new NFTs on the Ternoa blockchain.
  • Adding Collateralized Data: Users can add collateralized data to an NFT using CAPS.
  • Encrypting Data: CAPS are used to encrypt data attached to an NFT, ensuring privacy and security.
  • Transferring NFTs: CAPS facilitate the transfer of NFTs between wallets.
  • Storing Data: CAPS are used to store data securely and decentrally on the Ternoa blockchain.

Solving Real-World Problems

Ternoa aims to solve the problem of preserving memories and ensuring privacy and confidentiality by using blockchain technology to create time capsules in the form of NFTs. These time capsules allow users to store important memories, seal them in time capsules, and ensure that their descendants will someday receive them. The project also addresses the issue of data decentralization by designing Ternoa as a parachain of the Polkadot network, allowing it to have its own private network of servers while decentralizing data through the Ternoa network.

Tokenomics and Distribution Model

The Ternoa crypto token, CAPS, has a total supply of 2.5 billion tokens. The distribution model includes various categories, such as:

  • Team: 16% of the total supply is allocated to the team. As of the current date, 3.67% of the total supply has been unlocked, and 12.3% remains locked.
  • Development: 15% of the total supply is allocated to development. Of this, 10.5% has been unlocked, and 4.46% remains locked.
  • Staking Rewards: 12% of the total supply is allocated to staking rewards.
  • Ecosystem & Partnerships: 10% of the total supply is allocated to ecosystem and partnerships. Of this, 6.53% has been unlocked, and 3.47% remains locked.
  • Seed: 8% of the total supply is allocated to seed funding. This allocation has been fully unlocked.
  • Reserve: 7.1% of the total supply is allocated to reserve. Of this, 2.33% has been unlocked, and 4.77% remains locked.
  • Marketing: 6.9% of the total supply is allocated to marketing. Of this, 4.83% has been unlocked, and 2.07% remains locked.
  • Strategic Round: 6% of the total supply is allocated to strategic round. This allocation has been fully unlocked.
  • Private Round 2: 5% of the total supply is allocated to private round 2. This allocation has been fully unlocked.
  • Advisors: 4% of the total supply is allocated to advisors.
  • Community Sale: 4% of the total supply is allocated to community sale.
  • Liquidity: 3% of the total supply is allocated to liquidity.
  • Private Round 1: 1% of the total supply is allocated to private round 1.
  • Public Sale (IDO on Ignition): 1% of the total supply is allocated to the public sale on Ignition.
  • Public Sale (IDO on DAO Maker): 0.75% of the total supply is allocated to the public sale on DAO Maker.
  • Airdrop: 0.2% of the
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