The New Solution to Online Shopping.
According to eBay, 162 million people use the eBay site for online purchases and there are 25 million sellers listing 800 million items. According to Amazon, there are now over 2 million sellers worldwide, which account for over 40% of the total units sold on Amazon. According to Alibaba, there are now over 8.5 million sellers worldwide, which accounts for over 40% of the total units sold on Alibaba. As Crypto Currency becomes more mainstream more people will find TREOS to be the perfect solution for online shopping. Fueled by the CXL coin, the worlds 1st stable Crypto Currency token. Pegged to the value of 1 gram of gold.
ACCEPTING MULTIPLE CRYPTOCURRENCIES
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A Currency Solution
TREOS & TGO:
“Your true wealth is your time and freedom, money is just a tool for trading your time. It’s a container to store your eco-nomic energy until you’re ready to deploy it.” ~ Mike Maloney
1. Price Stability
The TGO token will be pegged to the value of one gram of gold, establish-ing a fixed-value token. This is essential in creating a stable, viable crypto-currency economy.
2. Controlled Supply and Inflation
The initial number of TGO tokens and the rate of inflation are both clearly defined. In economic terms, this creates both scarcity and predictability; both of these elements are sorely lacking in the fiat-based, central bank-controlled economy.
3. Economic Inclusion
TREOS strives to be the world’s first truly inclusive economic system. The TREOS ecosystem is designed around utility and widespread adoption of the TGO token and platform.
4. TREOS Gold Origin(TGO) Token
The TGO Token was created based on Ethereum’s ERC20 technical standard. As such, TGO is able to leverage Ethereum’s proven blockchain technology to create cryptocurrency’s first decentralized stable token.
GCR swaps at a 1:1 ratio
SELLING GOODS ON A BLOCKCHAIN:
When the TREOS project was first conceived, the intention was to use Global Currency Reserve (GCR) as the fuel token for the project. All of the concepts, including price stability, remained but initially, there was no plan to create our own token. As we moved into the development phase, it became clear that, without an active development team, the GCR token would not provide an adequate foundation for TREOS on which to build its platform.
CREATING OUR OWN TOKEN(TGO)
GCR coins will be eligible to be swapped for TGO beginning the day of the TREOS platform launch and remain eligible for a period of 24 months. All remitted GCR tokens will be put into cold storage for the duration of the coin swap with the private keys to the GCR wallet destroyed after the window to swap GCR for TGO is closed. This process is most commonly referred to as a “token burn”.
THE GCR COIN & TGO TOKEN SWAP
TREOS PLATFORM TOKENS
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– allowing minimal fees that outshine corporate competitors like eBay or Amazon – the TREOS platform utilizes community passion and power to bring you what you need, want, or aspire to have in your life.
One of the primary obstacles to establishing a stable cryptocurrency has been the fact that a large percentage of tokens are often distributed amongst very few token holders. This creates an environment that is prone to price manipulation as individuals or small groups with a large percentage of coins can choose to trade them all at once, driving the price of the token in any direction they desire.
As a stable-priced token, TGO does not lend itself to “pump and dump” cycles. The token can be exchanged for real goods and services and there is little incentive to part with the token for below the fixed value. Conversely, because the TGO token will be available on the TREOS site at this fixed value, there is no incentive to pay more than the fixed value either.