What currency is TINC? How about TINC coins?

TINC coin latest price quote

$0.04 ≈ ¥0.29

What currency is TINC?

TINY COIN (TINC) is an important part of Tiny World’s decentralized gaming economy. It inspires players to actively participate in the game and rewards developers who contribute to game development.

Tiny World is a blockchain gaming platform integrating NFT, DeFi and Gaming, providing users with an amazing experience. Collect over 100 little hero NFTs and start your epic journey. Enable your game-making experience by rushing to the top of the rankings or entering the dungeon. Earn tokens and high-quality NFTs in other ways using the platform's DeFi products.

Tiny World has a complete DeFi system - Tiny Farm, including Yield Aggregator, Liquidity Mining, Staking, NFT Farming, Mysterious Box, NFT Market and other DeFi elements. We combine cool NFT heroes with DeFi to provide a seamless GameFi experience.

Tiny Kingdom is an idle trading game where players can fight and profit from trading in their free time. Become the best squad in the Kingdom by placing it on different rankings.

How about TINC coins?

According to the survey, TINC is currently at a low price, and transaction records show that TINC coins are not particularly popular. Therefore, investors should pay attention to risks when investing in this project. Novice investors should carefully study it when choosing an investment project to reduce investment risks.

Tiny World believes that DAO governance should not be limited to product functions and settings, but should also give users the right to manage platform assets. Tiny Coin (TINC) holders have the right to govern the platform and will have the right to manage the Tiny World platform's vault and determine the future development direction of the platform.

Most of the profits of the Tiny World platform will go directly to the TinyDAO treasury, including but not limited to:

1.20% of the purchase of mysterious runes-TINC

2. 20% of Tiny Vault fee - BUSD

3.50% of NFT market fees-BUSD

4. Tiny Game Universe consumes 20% TINC-TINC

The Treasury Fund is mainly composed of TINC and BUSD. Users use veTINC in their hands to conduct governance votes to decide how funds in DAO treasures are used and allocated.

The longer you lock the TINC, the more veTINC you get. The minimum lock time is 1 week and the maximum lock time is 4 years. The current maximum lock time is 1 year. The amount of veTINC you get depends on how long you lock the TINC token. The longer the lock time, the more veTINC you get.

As your custodial tokens approach the expiration of lockdown, your veTINC will gradually decrease. This can be avoided by extending the lock time or increasing the number of TINCs staked into the pool. After the lock time is over, the user can withdraw his TINC.

Since Tiny Kingdom is off-chain, there is no gas fee for in-game transactions. The only gas fee you need to pay for playing Tiny Kingdom is to deposit the tokens into the game and transfer Tiny Heroes to Tiny Kingdom, and a small gas fee is required to check in. In this game, the hero gains experience points through battles, and each monster defeated by your hero will gain 1 experience points. After the experience bar is full, you can upgrade the hero by consuming crystals. The hero NFT level of the small farm is the upgrade limit for the heroes of the Little Kingdom.

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