INTENT
In the midst of constant turmoil and change in the crypto market, intent is the main guide for investors and users to make the right decisions. In this article, we will discuss how intent influences investment strategies and participation in the crypto world. The intent of participants in ICOs (Initial Coin Offerings) and other crypto projects can be an important indicator for understanding market interest and potential project success. By understanding this intent, industry players can design more effective and relevant strategies.
When referring to long-term incentives that are responsible for generating demand for tokens, the word “INTENT” is the phrase that refers to those incentives. There is a reasonable expectation that demand for tokens will increase in proportion to the number of users. Token distribution is automated, and triggered by users as they make purchases and sales of cryptocurrency, pay with cryptocurrency cards, and utilize TENT’s various exchange services in everyday life. Tokens are distributed automatically. Tokens are distributed in a manner consistent with cryptocurrency exchange methods.
1. To prevent the possibility of irreversible inflation, all supplies have been set at the maximum. Initially, the entire token supply of 2,000 million INTENT will be printed first to the origin address. These tokens will then be distributed according to the rules provided. To ensure that all active users are entitled to INTENT automatically, the distribution period is taken from business predictions covering a five-year period.
2. Ownership of INTENT (regardless of whether acquired for activities or purchased on the secondary market, regardless of whether held in a custodial or non-custodial wallet) mathematically continuously generates loyalty credits, referred to as Loyaltents [LT]. This LT is used by users to reduce costs associated with the use of TENT trading services.
3. On the other hand, Loyalty tokens cannot be separated from the user and cannot be transferred, in contrast to INTENT tokens, which can be transferred just like any other blockchain token. Therefore, users are encouraged to buy INTENT tokens, which makes their services more affordable (or completely free), sell them whenever they want on secondary markets, or even keep them for more than is necessary for their use (i.e., for governance or speculative reasons ).
4. A portion of other TENT earnings is added to this pool, called the Discount Pool, along with card interchange fees collected from each card transaction. It is designed as a balanced power system: on the one hand, it is designed to provide users with positive incentives to transact and be active in the TENT ecosystem, which results in the acquisition of more INTENT tokens, which in turn results in more discounts (Loyaltents). DISCOUNT POOL is dedicated to distributing tokens to INTENT token holders and lowering their fees. Conversely, as volume grows, the speed of Loyaltents 11 formation (i.e., the speed of filling the DISCOUNT POOL) slows down. At the same time, the relative effect of demurrage continues to increase, meaning that users are encouraged to use Loyaltent rather than hoard it.
5. INTENT’s effective function, which allows users to save money or ultimately eliminate all costs associated with using TENT’s services to purchase, store, exchange and spend cryptocurrencies, is the source of value that INTENT has. Large amounts of euros serve as a support for value, which is not a virtual asset.
6. A portion of other TENT earnings is added to this pool, called the Discount Pool, along with card interchange fees collected from each card transaction. Distributing tokens to INTENT token holders and reducing the fees they have to pay, for example, is DISCOUNT POOL’s mission. As a balanced power system, it is intended to encourage users to engage in transactions and activities within the TENT ecosystem. On the one hand, this provides a positive incentive for users to do so.
APPLICATION FOR MOBILE TENTS
This is a unique platform that allows users to connect wallets to Mastercard payment cards and use cryptocurrencies in everyday life.
A) Tent.com has started to attract attention among the cryptocurrency industry, and has received very good reviews not long after its launch. Both the technology and functionality speak for themselves, and the future is filled with advancements and features exclusive to the product alone.
B) Seamless Mastercard payments, native custodial wallets, fast payment and exchange capabilities, extensive security features, comprehensive compliance solutions, and the TENT team’s proprietary utility currency, INTENT, are just some of the features that the TENT team has implemented .
C) Cryptocurrency payment gateways, platforms as a service, private label cards, and payment solutions are examples of services included in more comprehensive packages. Both the Google Play Store and Apple App Store have the app available, and you can use it to order a TENT card directly from within the app.
Will INTENT prices appreciate?
No one knows for sure what the price of INTENT will be in the future. However, INTENT is designed to encourage TENT usage and its value is tied to the popularity and growth of TENT services. The more users on TENT, the more valuable INTENT is, which in turn incentivizes people to use TENT to get free INTENT airdrops.
Additionally, more activity filled the Discount pool as substantial underlying assets supported INTENT’s downward price. Additionally, the amount of INTENT available for purchase will be limited as it only provides utility if held in a TEN wallet. This means that holders may not be motivated to sell once they acquire it. The TENDA team cannot influence demand or supply.
What EURTENT can I see in my wallet?
EURTENT is an internal token against volatility. We use it in the TENT ecosystem as a stable unit because it protects TENT users from crypto volatility. Along with EU MiCA regulations, EURTENT can be upgraded to have full EUR stablecoin capabilities.
ROAD MAP
2022
Initial Phase
INTENT token White Paper
Initial generation of INTENT tokens
2023
Initialization phase
Platform TENDA 1Q
1Q TENT Mobile app: Android and iOS versions Implements multi-factor authentication to log in to the app
Custody crypto account
Integrated Crypto SWAP Functionality
Integrated on-line system functions for KYC/KYT functionality
Blockchain implementation and underlying cryptocurrency
TENDA 2Q Mobile Application:Integration of gas station solutions for tokens in custody crypto accounts
Added payment gateway functionality for crypta purchases with payment cards
Expanding the number of supported blockchains and cryptocurrencies
Completed payment card integration development
2Q INTENT — Web3 application for vesting INTENTINTENT provides smart contracts
Web application with METAMASK wallet integration
KYC/KYT integration
TENDA 3Q Mobile App:Chart integration for individual portfolios
Implementation of IBAN solution for EUR, USD accounts completed
Implemented functionality to buy/sell crypto from an IBAN account
Work on the discount pool has begun
INTENTION 3Q:Implement INTENT airdrop functionality in a mobile application
Launch of INTENT vesting in mobile applications
Work on the discount pool has begun
TENDA 4Q Mobile App:self-custody wallet implementation
Reference code functionality
Completed development of a custom payment card (for secure one-time purchases)
TENDA 4Q web application ::Deployed MVP version for testing
Reference code functionality
Completed development of a custom payment card (for secure one-time purchases)
2024
INTENT 2QPre-sale of IEO INTENT on P2B Exchange
Listed on the P2B Exchange
TENDA 3Q Mobile App:Regular savings function
Self-custody HW wallet security via NFC card
FUTURE PLAN:
Revolutionizing Financial Freedom Through Improved TENT App Functionality and INTENT Token Roadmap!
IMPROVED USER EXPERIENCE:
Simplifies the registration process for new users to simplify account setup.
Create a user-friendly interface with intuitive navigation and clear labeling.
Introducing a personalized dashboard with customizable widgets for effective asset and transaction tracking.
INTENT TOKEN EXPANSION AND INTEROPERABILITY: EXPANDING INTENT TOKEN ACCESSIBILITY:
Listing INTENT Tokens on various centralized exchanges (CEX) globally, increases liquidity and availability. DEX Integration:
Launching INTENT Tokens on select decentralized exchanges (DEX), encouraging decentralized trading and community engagement.
In-App Integration with Partner Platforms: Collaborate with partner applications to integrate INTENT Token, enriching its usability in the financial ecosystem.
TENT WEB APPLICATION:
Introducing the desktop version of TENT, ensuring seamless accessibility across platforms.
Improves desktop UI/UX for optimal user experience and accommodates additional features.
Provides users with advanced focus mode features and in-depth reports for better financial management.
Developed a browser add-on for easy access to TENT features during web browsing.
ADVANCED TRANSACTION CAPABILITIES:
Enable scheduled and recurring payments, alongside batch payment processing.
Implement transaction categorization for efficient expense management.
INTEGRATION WITH FINANCIAL SERVICES:
Integration with Financial Services:
Integrates tax reporting tools to assist users in cryptocurrency tax compliance.
Partner with lending platforms to provide crypto-backed lending options.
CROSS-CHAIN COMPATIBILITY:
Exploring interoperability solutions for seamless token transfer across blockchain networks.
Expanding support to popular blockchain networks to increase availability and liquidity.
DEFI INTEGRATION AND INVESTMENT OPPORTUNITIES:
Established DeFi protocols for yield farming, liquidity mining and staking.
Compiling a list of vetted DeFi projects and in-app investment opportunities.
COMPLIANCE WITH REGULATIONS AND LEGAL FRAMEWORK:
Ensure compliance with evolving regulations, including MiCA in the EU.
Provides resources and guidance on regulatory compliance for the safe use of cryptocurrency.
GLOBAL EXPANSION STRATEGY:
Plan expansion into markets outside the EU/EEA region, taking into account regulatory requirements and market demand.
Conduct market research to identify growth opportunities in target regions.
CONTINUOUS IMPROVEMENT AND FEEDBACK:
Implement a feedback system for user input and iterative improvements.
Update the plan based on user feedback, market trends, and technological advances.
AI-ASSIST INTEGRATION:
Introducing AI assistance for user onboarding, customer support, and application navigation.
Update the plan based on user feedback, market trends, and technological advances.
MONEY BACK & LOYALTY PROGRAM:
Launch cashback and loyalty programs to drive user engagement and loyalty.
MONEY SENDING SOLUTIONS:
Integrate remittance solutions for efficient cross-border transactions.
ASSET DIVERSIFICATION:
Added new asset classes to expand investment opportunities.
APPLE PAY AND GOOGLE PAY INTEGRATION:
Provides card virtualization compatible with Apple Pay and Google Pay for convenient payments.
EXPANDED TOKEN SUPPORT:
Introducing a new set of supported tokens for diversified investment options.
TAX FORM INTEGRATION:
Simplify tax reporting with automatic tax service integration.
INTERNATIONAL EXPANSION:
Expanding TENT’s reach globally, including regions such as the US, Latin America, Asia and Australia.
CBDC INTEGRATION
Collaborate with CBDC projects to promote digital currency interoperability.
ADVANCED TRADING FEATURES
Improve the trading experience with stop-loss orders, automated trading, and more.
Summary ;
In participating in crypto airdrops and bounty events, participants’ intent can influence their level of engagement and contribution to the campaign, which can ultimately influence the outcome and success of the campaign. Targeted intent in participating in crypto projects can bring long-term benefits, such as the opportunity to be part of the innovation and development of revolutionary blockchain technology . The intent of participants in crypto futures trading can influence the success of their trading strategies, with participation driven by the intention to profit from digital asset price fluctuations.
FOR MORE INFORMATION VISIT:
WEBSITE: https://intent-token.com/
WHITE PAPER: https://www.intent-token.com/about
TWITTER: https://twitter.com/TentAppOfficial
TELEGRAM: https://t.me/TentAppOfficial
LINKEDIN: https://www.linkedin.com/company/tentapp
Discord: https://discord.com/invite/k87gHJvtbV
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