TTT is an ERC-20 utility token developed and launched by Atom Solutions Co., Ltd. on March 30th, 2020, with the purpose to support Eternal Wallet and to be as beneficial as possible to its users. It was intended to be utilized as a gateway for currency exchange and money transfers abroad.
The maximum Transfer Token supply is limited to 2 billion coins. After the Token Generation event coins were allocated in the following way: Atom Solutions holds 99% of assets, Atom Solutions team members got 0.43%, and the Atom Solutions CEO got 0.19%. The Transfer Token uses a non-mineable mechanism. Coins can be obtained by offering an exchange, from additional token issuance or minting by sending transactions.
The Transfer Token assists in currency exchange, minimizes the costs of transactions and fees for payments. The biggest benefit of holding TTT is receiving additional TTT each week. Lumi, the blockchain multi-currency wallet, can also be used for TTT. By integrating The Transfer Token into Lumi Wallet, users can store, send and receive their TTT coins. Lumi Wallet is available as an extremely secure and anonymous web and mobile wallet for Android and IOS users.
The Transfer Token can be stored in hardware wallets as well. It is listed and can be traded on DigiFinex, P2PB2B, and LBANK exchanges.
The Transfer Token functions
Within Eternal Wallet, The Transfer Token serves many purposes such as dividends’ distribution, lending, transfers, and mainnet launch.
Every week, 50% of fees charged for making payments, trading, and exchanging are distributed among the users. Customers who hold The Transfer Token within Eternal Wallet get dividends, the amount of which depends on the total TTT coins in their accounts.
The lending feature allows users to receive the highest amounts during currency exchanges by lending out TTT into Eternal Wallet’s pool. Customers who lend out TTT into the system pool periodically get a set amount of interest on those loans.
The Transfer Token can be transferred within the ecosystem, to outside wallets and cryptocurrency exchanges where it is listed. Transfers between Eternal Wallet users are charged with the lowest fee equivalent to 5 cents (USD). It is not necessary to buy or sell The Transfer Token when conducting overseas remittance as users can exchange one currency to another within Eternal Wallet.
TTT is a token issued on the Ethereum blockchain, but the team is planning to conduct a mainnet swap, that means switching to another blockchain network.
Eternal Wallet is a multi-currency wallet that allows customers to buy and sell The Transfer Token and make payments for various services. It also provides currency exchange, funds transfers, and overseas remittance. The Transfer Token project serves to spread the Eternal Wallet around the world.
The EVOR service through using TTT enables the world’s cheapest overseas remittance and the highest foreign currency exchange rate, as well as allows payments to partner companies. When using TTT during overseas remittance, transactions only take 0.5 seconds. At the time of writing, only remittances between the Philippines and Vietnam are available. The upper limit for each remittance is 1,000 USD. When using EVOR for transferring money abroad, the sender is charged with a commission of approximately 5 cents (USD). The currency exchange fee is 0.5% of the total amount sent. No fees are incurred when receiving remittance through Eternal Wallet.
In addition to the features of EVOR, Eternal Wallet provides trading cryptocurrencies and lending of The Transfer Token. Moreover the wallet offers The Transfer Token holders different ways to gain profits such as trading of TTT/BTC and fiat currencies, arbitrage trading of TTT/BTC and TTT/fiat currency, TTT lending and converting, exchange between fiat currencies. Buying, selling, and sending fees are 5 yen for each transaction. 50% of all accumulated fees are distributed to TTT holders.
With the help of Eternal Wallet and EVOR, users can pay for electricity, water, Internet, financial services, universities, insurance, online shopping, etc. Tens of companies have already been included to the list but at the time of writing, the service is only available in the Philippines.
Customers who do not have bank accounts can add funds to their wallets using ATMs.
E-counter is the mobile service where users who wish to deposit or withdraw tokens can search for Eternal Wallet and EVOR vendors nearby with a smartphone.
The Transfer Token team and partners
Atom Solutions Co., Ltd. is a Japan-based company with the headquarters in Tokyo founded by Hirokazu Hayashi in May, 2010. The company provides system development programs for integrating blockchain technology into exchange operations and management. It aims to improve the efficiency of financial services by reducing costs and creating a convenient transaction system.
The Transfer Token has been developed by an international team of professionals with advanced knowledge and qualifications in software architectures, business development, corporate governance, web and graphic design, project management, and customer relations.
Hayashi Hirokazu is the founder and CEO of The Transfer Token project and Atom Solutions with records of excellence in all areas of finance and fund management. S.J. Clement is the co-founder and Head of Partnership and Foreign Business Department with experience in the blockchain and cryptocurrency industry. Rajkumar Bhaji is the Chief Technology Officer and Saito Rie is the Chief Marketing Officer.
A legal advisor Shimizu Masahiro and a trustee of the Philippines People Management Association Reynaldo V. Garote, are on the Advisory Board.
The company has already partnered with some large corporations. Bayad, the largest payment company in the Philippines, gives users of Eternal Wallet access to the Bayad Center network to pay utility bills via their smartphones. Partnering with NganLuong, a Fintech Company, allows Eternal Wallet users to pay 10,000+ merchants in Vietnam. Its partnership with Bitronics, an Indian system development venture company, increases the Eternal Wallet variation of services.