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Things Whitepaper
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The Essentials.
Things Token is the first project on the TON blockchain focused on creating a platform for the tokenization of real-world assets (RWA). The primary goal of the project is to simplify the process of buying, selling, and exchanging assets for a broad audience, including both newcomers and experienced cryptocurrency users. To achieve this, Things will develop a series of proprietary protocols and standards that will be open to the entire industry in the future. The main development will be a platform where any user can tokenize assets and attract buyers' attention.
The project also includes mining and presale, providing participants with the opportunity to obtain $THNGP and $THNG tokens, each serving unique functions within the ecosystem. This is also crucial for the equitable distribution of token emissions.
Key Features
Two-Token System
DAO
Things RWA Platform
Anyone will be able to tokenize their assets, and platform participants will have the opportunity to purchase shares, profit from value appreciation, demand reports, and sell assets if necessary.
This is an incredible opportunity for ordinary users to receive fair rewards for rare assets and for entrepreneurs needing investment for development.
Things Analytics Flow
At Things, we are concerned with access to information and the ability to interact with it. Therefore, by summer, an analytics resource will be available where everyone can see key information related to the project, such as:
Additional Details
Users of Things will eventually realize the value
When exchanging $THNGP for $THNG, the smart contract burns $THNGP, increasing its value for remaining holders. Additionally, exchanging $THNGP forfeits voting rights in the DAO.
Maintaining Exclusivity:
DAO participants holding $THNGP will gain access to various airdrops, collaborations, and exclusive events in the future.
Fairness:
Only 4.5% of the total Things emission is allocated to the project fund. None of these tokens are intended for sale as a means of profit for the project team.
The project also includes mining and presale, providing participants with the opportunity to obtain $THNGP and $THNG tokens, each serving unique functions within the ecosystem. This is also crucial for the equitable distribution of token emissions.
Key Features
Two-Token System
- $THNGP: A governance token in the DAO, mined through participation in presale and mining activities. It can be exchanged for $THNG at a 1:10 ratio. The circulation of this token is restricted to a single transfer (for instance, if a wallet change is necessary). It can only be freely sent and received via mining, voting, and exchange smart contracts. Do not attempt to sell these tokens or transfer them to exchanges.
- $THNG: A freely transferable token for trading, transferring, and other uses.
DAO
- This summer, the Things Telegram mini-apps with voting functionality will be launched for $THNGP token holders. Everyone will be able to propose initiatives or participate in existing ones. Decisions on important matters will be made by reaching a consensus among $THNGP holders.
Things RWA Platform
- The platform is slated to launch this year. It will enable the tokenization of both rare individual items and mass assets for a broad user base.
- Creator
- Professional Creator
- Buyers and Sellers
- Custodians (selected from $THNGP holders, creating additional income opportunities for them)
Anyone will be able to tokenize their assets, and platform participants will have the opportunity to purchase shares, profit from value appreciation, demand reports, and sell assets if necessary.
This is an incredible opportunity for ordinary users to receive fair rewards for rare assets and for entrepreneurs needing investment for development.
Things Analytics Flow
At Things, we are concerned with access to information and the ability to interact with it. Therefore, by summer, an analytics resource will be available where everyone can see key information related to the project, such as:
- The number of conversions and the volume of $THNGP holders (a critical system indicator)
- Major wallets and their behavior patterns
- The status of the Things fund
- Recent transactions requiring attention
- And more
Additional Details
Users of Things will eventually realize the value
When exchanging $THNGP for $THNG, the smart contract burns $THNGP, increasing its value for remaining holders. Additionally, exchanging $THNGP forfeits voting rights in the DAO.
Maintaining Exclusivity:
DAO participants holding $THNGP will gain access to various airdrops, collaborations, and exclusive events in the future.
Fairness:
Only 4.5% of the total Things emission is allocated to the project fund. None of these tokens are intended for sale as a means of profit for the project team.
Community
Smart contracts
hey@thingstoken.io
