Post
Topic
Board Speculation (Altcoins)
Re: Trinity Network Credit (TNC)- no ANN but Kucoin listing
by
cryptwizzler
on 07/02/2018, 20:42:22 UTC
There's very interesting info in a pair of columns by "Jake the Crypto King" about TNC:

"Trinity Network Credit: TNC

The Trinity Network Credit (TNC) token was the Moonshot (https://btcmanager.com/week-2-moonshot-tnc-week-february-5-2018/) this prior week. However, being a moonshot, it demonstrated a strong potential to succeed in the coming eleven months. TNC has a market cap of approximately $65 million with a coin value of roughly $0.195. TNC is a coin that will live and die by the side of NEO. TNC is the scaling solution for when NEO outgrows its current platform. However, if NEO never takes off like ETH, then TNC will fade into oblivion, along with NEO. However, considering ETH was one of the top performers last year and ICO releasing coins have been the hottest craze NEO should be able to piggyback off ETH’s recent success. Capturing any piece of ETH’s market share would create a situation where NEO may need a scaling solution very soon. That solution is TNC.

TNC tokens serve the purpose of a utility token literally transporting NEP-5 (NEO) based assets from one wallet to another. TNC is unique in their scaling solution involves using state channels and off-chain scaling schemes. TNC is the equivalent of Stellar Lumens (XLM) or Raiden Network Token (RDN) but for the NEO blockchain. Both RDN and XLM have had huge successes in 2017 which is why if NEO builds on any of ETH’s momentum TNC will be the significant gainer most will be talking about in 2018. TNC is a higher risk play as its success is directly connected to NEO’s growth rate. NEO is based out of, China, a country that has recently placed an all-out ban on crypto. TNC is one for the gamblers, but if it pays off, you will be sitting on the moon in your Lambo."