Tycoon Token (TYC): Get to know every detail and become a pro!

It is a target of tycoon.io to distribute around 140 million Tycoon Tokens in the market. Tycoon Token is tended to serve as a payment currency just like BTC and ETH. This token is developed by considering the founding details of Ethereum. It conforms to the standards defined by ERC-20 for the issuance and expansion.

What is the structure of the token distribution?

The structure through which Tycoo.io will distribute the tokens is as following;

1. Tycoon will offer 60% of tokens through direct sales.
2.  18% through the teams.
3. 14% through the partnerships.
4. 5% as bounty.
5. 3% through Advisory bodies.

Let's have a look at the details of these categories for better understanding.

1. Sales of the TYC:

 Direct sales of the Tycoon token will take place in two formats, which are a private sale and the crowd sale. If you are planning to invest in Tycoon token through participating in the private sale system, then the minimum purchase which you will be able to make will be $1000. Private sales will constitute 90% of the sales share, whereas crowd sales will have 10% of the sale. Per token price for private sale is $0.07 and $0.10 for crowd sale.

The investors of private sale will receive their tokens once successfully going through the process of KYC that is Know Your Customer, which is a fundamental part of Tycoon.io. As for the crowd sale investors, they must provide a valid Ethereum address to complete the KYC process. Their Ethereum address will be registered, and they will be allowed to participate in the crowd sale.

Investors can pay through different mediums such as BTC, ETH, and bank transfers.

·        Wherewith the value of TYC will be determined?

You can be sure of the fact that the demand for TYC token is going high as the platform is getting popular day by day. It offers different discounts to its followers while settling for the profits share fees. You can get;

1. 25% of the charges as a discount in the first year.
2. 15% of the amount in the second year.
3. 10% of the rate in the third year.

You can also get some reasonable discounts while settling for connection fees such as you will get a discount of 20% in the first year, 10% in the second and no discount onwards for the rest of the trade.

2.     Sales through partnerships, teams and advisors:

After the fifteen months of the issuance of the exchange listing, the tokens will be open for sale through teams and advisors periodically. The period limit is three months.

3.     Sale of bounty tokens:

You will be able to access these tokens after six months of the exchange listing.

How the proceedings generated from the sales will be used?

Tycoon.io intends to invest 30% of the proceeds generated through token sales to evolve, grow, and expand this platform to cater to the needs of more and more investors. It will invest 40% of the share in the marketing and branding activities so that they can influence and attract the potential pool of investors and users to generate more revenues. Tycoon.io is going to put15% of the amount in the reserves to tackle any legal procedures. It will include the purchase of licenses and relevant legal adaptations. Another 15% will be stored to cope up with any challenge and upgrade the system accordingly.

Company Details

Website : https://tycoon.io/

Telegram: https://t.me/Tycoon_Official

Facebook: https://www.facebook.com/tycoonplatform/

Twitter: https://twitter.com/tycoon

BTT Profile: https://bitcointalk.org/index.php?action=profile;u=2286313

TG User: @halima07

instragram: https://www.instagram.com/tycoon.io/

Ethereum wallet: 0xd696722eEc37e35149A2d6cC3FcC909aA3364C6F

BTT Account: TradeVision731