TeraBlock

TeraBlock is a decentralized finance (DeFi) ecosystem that seeks to help users retain and optimize their holdings on a single platform. In simple words, TeraBlock is a platform that helps users manage their assets so that their investment does not get hampered by the volatile nature of cryptocurrencies. According to the documents of the platform, TeraBlock intends to provide DeFi protocols on a single platform to make an easy interface to use. The platform aims to empower users to streamline and manage their crypto holdings.

The TeraBlock platform has a vision of building a comprehensive, easy-to-use platform that meets the different needs of the everyday crypto investor and user. The platform aims to spread the merit of crypto trading to traders worldwide. According to its website, the crypto assets are still developing, and thus, their nature is volatile. Therefore, at TeraBlock, the platform seeks to bring the potential of crypto to everyone around the world.

The platform aims to provide a diversified trading ecosystem that is fully decentralized to help users optimize and retain their crypto. The platform further aims to provide tools to help users diversify their assets and gain returns. If someone is new to the ecosystem, the platform intends to work as a plug-and-play mechanism. Furthermore, the TeraBlock ecosystem enables users to manage their assets in a volatile market via earning through staking to maximize their returns. Also, TeraBlock is a cross-chain bridge that seeks to bridge the asset between several blockchains such as Binance Smart Chain (BSC), Ethereum, HIVE, and Polygon. The platform also intends to introduce a peer-to-peer NFT marketplace where users seek to create, list, and trade artwork and digital collectibles.

The TBC token is the backbone of the TeraBlock ecosystem. It is a utility token that offers a discount fee on the network to participants. The token also intends to be a reserve currency for the TeraBlock NFT marketplace. It is a BSC-based token. Stakers seeks to earn rewards on the tokens staked, and the platform intends to launch the governing rights for the token holders.

The research and development of the project got started in 2017. The whitepaper of the token was released during the first quarter of 2021. The team behind the ecosystem includes Shivam Tandon (founder and CEO), Muhammad Ali (CCO), Saldev (CTO), and Priyank Agarwal (COO). The total supply of TBC tokens is four hundred thousand.