TIT Network, a dividend pool designed to incentivize businesses and add value to sub-token dividend pools, on December 21 announced the official launch of its website for public usage.
TIT Network, in the announcement, said its website is up, urging users to check its white paper to know how best they can grow revenue for their businesses with the blockchain innovation and earn TRX dividends.
The founder of the new blockchain project, Trevor Arnold, said the network incentivizes businesses to enhance the growth of TIT dividend pool with a model called “Dividend Pool Token (DPT).”
DPT, a utility token introduced into Tron blockchain, helps bring cash flow to Tron and make it easy for people to raise fund for their business. The funds would be raised without businesses needing to sell from their company’s equity.
https://t.co/a7mH82L3M6 – Bringing cash flow to the #TRON blockchain!
Businesses can now raise capital to expand their operations WITHOUT selling equity in their company!
Investors, learn how you can get a stake in the largest #TRX dividend network in the world!#TITNetwork
— Intuit Φ Consultants (@Intuit_Trading) December 22, 2019
Contrary to the approach where investors have the right to the profit generated by businesses, no investment contract is involved in buying DPT, despite the fact that buyers are incentivized.
Tron (TRX) Dividends and TIT Interest
TIT network will commence paying TRX dividends to stakers once all TRX earned via PRE token exchange and TIT token sale is sent to the dividend pool. Every 12 hours, 2% of the pool is airdropped to TIT Stakers.
Staking TITs by freezing them in “Certificate of Deposit (CDs)” or “Retirement Accounts (RAs)” smart contracts attracts 10-105% APR interest rate.
Freezing in CDs is done for 1-9 years, while an additional 100-300% interest is granted to users for freezing TITs for 10-20 years in RAs. Interest rate increases as the freezing time grow while early unfreezing attracts penalties.
Projects on TIT Network
A number of projects would be launched on the TIT Network to offer users diverse experience.
TIT Gaming, which allows users to play games on the platform with TRX and mined TIT tokens would be launched on the platform.
Other projects that will be going live on the platform include: Dapp Index Fund
Sub-Token, Hedge Fund Sub-Token, Insurance Company Sub-Token, and Community
Sub-Tokens.
