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Cryptocurrency News Articles

Three Protocol Launches Native Token $THREE, Paving the Way for Decentralized Marketplaces in a Borderless Digital Economy

Apr 29, 2024 at 09:08 pm

Three Protocol, supported by Tectum, launches its native token $THREE. Designed to enhance decentralized marketplaces, $THREE facilitates payments, access to services, and privacy. The tokenomics model prioritizes community involvement, liquidity, and staking opportunities. With a comprehensive roadmap and milestones, Three Protocol aims to deliver job marketplaces and financial inclusivity through decentralization. The token launch on Uniswap in May marks the first step in this ambitious project.

Three Protocol Launches Native Token $THREE, Paving the Way for Decentralized Marketplaces in a Borderless Digital Economy

Three Protocol Unveils Native Token $THREE, Ushering in Decentralized Marketplaces for a Borderless Digital Economy

Bristol, United Kingdom - April 29, 2024

Three Protocol, the pioneering project incubated by Tectum, announces the eagerly awaited launch of its native token, $THREE. This pivotal development marks a significant milestone in the protocol's ambitious mission to establish a comprehensive network of decentralized marketplaces that empower individuals worldwide, including those who have historically faced barriers to financial inclusion.

$THREE: The Heart of Decentralized Commerce

$THREE serves as the lifeblood of Three Protocol's ecosystem, powering a wide range of transactions and unlocking access to essential services and products. Unlike traditional centralized systems, these marketplaces operate on blockchain technology, eliminating the need for intermediaries and geographical restrictions.

The $THREE token is integrated into all aspects of Three Protocol's infrastructure, including its decentralized identification system, neural network AI, and tri-sig DAO governance model. This integration ensures seamless interactions and enables the creation of innovative applications and services tailored to meet the evolving needs of users.

Tokenomics Designed for Community Empowerment

Recognizing the importance of community involvement, Three Protocol has carefully designed the $THREE tokenomics model to incentivize participation and foster market liquidity. Key features include:

  • Market Liquidity: A substantial 75% of the token supply is earmarked for market liquidity, promoting trading activity and maintaining price stability.
  • Team Allocation: 15% is allocated to the team, with a vesting period of 18 months to ensure alignment of long-term interests.
  • Staking Opportunities: 10% is dedicated to staking, providing token holders with a revenue-generating mechanism.

Flagship Marketplace and Ambitious Roadmap

Three Protocol's journey towards decentralized marketplaces begins with Jobs3, the flagship exchange platform. This marketplace empowers individuals to connect with opportunities seamlessly, without the limitations imposed by traditional employment models. The roadmap for Three Protocol outlines an ambitious vision for the future, with plans for the development of four additional marketplaces:

  • Decentralized eBay: A peer-to-peer platform for buying and selling goods and services.
  • Decentralized Uber: A transportation network that empowers drivers and riders to interact directly.
  • Decentralized Autotrader: A marketplace for buying, selling, and trading vehicles.
  • Decentralized Food Delivery: A platform connecting customers with food vendors, eliminating intermediaries and fees.

Milestone Timeline

Three Protocol has established a clear roadmap outlining key milestones and development initiatives:

  • May: Launch of the $THREE token on Uniswap, with the $THREE/wETH trading pair.
  • June: Introduction of $THREE token staking, enabling token holders to earn rewards and contribute to network security.
  • July: Technological enhancements to the Jobs3 platform, including the integration of Neural Network AI for improved job-matching algorithms and advanced search capabilities.

Transparency and Accountability

Three Protocol is committed to transparency and accountability throughout its operations. The team is fully doxxed and the project has undergone KYC verification. The smart contract and token have passed stringent audits with flying colors, ensuring the highest standards of security and reliability.

Partnership with Tectum

The partnership with Tectum provides Three Protocol with access to its extensive infrastructure and support network. This collaboration accelerates the protocol's growth and enables it to reach a broader audience, ultimately fulfilling its mission of delivering freedom-giving decentralized marketplaces for all.

Engage with Three Protocol

To participate in the $THREE token launch and learn more about Three Protocol's vision, visit their website at https://www.threeprotocol.ai/.

Disclaimer

The information provided in this press release does not constitute investment advice or solicitation. Investors should conduct their own due diligence and consult with a qualified financial advisor before making any investment decisions.

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