Benzinga

Unlock Your Financial Freedom with INTENT: A Token that Rewards Your Every Move in the TENT Ecosystem

 

 

 

 

 

 

Prague, Czech Republic, 8th Apr 2024 – INTENT is driven by a strategic, long-term incentive structure aimed at fueling demand for its token. The project thrives on the principle that a growing user base directly correlates with heightened token demand. The automated token distribution process is triggered organically as users engage with TENT exchange services in their daily routines, utilizing crypto cards, buying/selling cryptocurrencies, and more.

To mitigate the risk of perpetual inflation, the total token supply is rigidly capped at 2,000 million INTENTs, pre-minted and distributed according to predefined rules from a genesis address. This distribution span aligns with a 5-year business projection, rendering all active users eligible to automatically receive INTENTs.

 

INTENT token price forecasts align with sustained user contentment, the expansion of the user base, and the overall prosperity of STAN services in the long run. The rationale behind the INTENT token is clear-cut, ensuring a harmonized incentive structure for all participants within the ecosystem. Given that STAN’s operations cater to both end consumers (B2C) and business clients (B2B) with equal emphasis, the INTENT token seamlessly serves both segments without differentiation. This inherent flexibility significantly enhances the scalability of the overall STAN business compared to a model dependent solely on one specific segment.

 

Ownership of INTENT initiates a perpetual loyalty credit generation, known as Loyaltents (LTs). These credits are mathematically generated and can be utilized by users to reduce costs associated with TENT trading services. While INTENT tokens are freely transferable like other blockchain assets, Loyaltents are inseparable from the user, creating a dynamic incentive structure.

 

TENT operates as a dynamic payment platform that seamlessly integrates two financial realms, catering to everyday users. The heart of this modular payment system, in collaboration with external partners and services, crafts a comprehensive ecosystem for retail and business customers, as well as other stakeholders. Central to the user experience is the incentivization mechanism driven by the INTENT token.

 

Envisioning a future of heightened interoperability between competitive financial spheres and user applications, TENT prioritizes proactive cooperation and connectivity with the fiat world. The integration of traditional bank account services is facilitated through PSD2 APIs, allowing TENT to embed these services without delving into the fiat banking domain.

Security and compliance are paramount in TENT’s commitment to establishing trust with its users. Recognizing that security and compliance are fundamental to mainstream cryptocurrency adoption, the platform is proactively preparing for MiCA regulation within the EU market. Adhering to KYC (Know Your Customer) and anti-money laundering rules, TENT ensures that digital assets adhere to widely accepted standards and regulations, preventing them from residing in the shadows.

 

Looking ahead, TENT outlines a strategic growth plan encompassing three main phases. Phase 1 focuses on the introduction of the basic TENT wallet and card, serving as a showcase for the TENT platform. Phase 2 sees the evolution of this platform into a diverse array of use-cases, with a heightened emphasis on the B2B segment. In the final phase, TENT aspires to offer a comprehensive suite of on/off ramps, presenting itself as a superior alternative to conventional banking services, thus transforming the financial landscape.

 

The intrinsic value of INTENT stems from its practical utility in saving or eventually eliminating fees linked to TENT services, including crypto buying, storing, swapping, and spending. Crucially, this value is substantiated by a tangible pool of Euros, referred to as the DISCOUNT POOL.

 

This DISCOUNT POOL is funded by card interchange fees and a portion of other TENT revenues. It functions as a mechanism to distribute tokens to INTENT holders, thereby reducing their fees. This design establishes a delicate balance of powers, positively incentivizing users to transact and engage within the TENT ecosystem to acquire more INTENT tokens, consequently generating additional discounts in the form of Loyaltents.

In contrast, as the transaction volume increases, the rate of Loyaltents generation slows, and the impact of demurrage rises concurrently. This strategic dynamic encourages users to actively use their Loyaltents rather than hoarding them, promoting a balanced and sustainable ecosystem within the TENT community.

 

The mission of TENT is to integrate crypto-assets seamlessly into the daily lives of ordinary individuals. This involves establishing a bridge between the decentralized realm and traditional finance, encompassing both De-Fi (decentralized finance) and Trad-Fi (traditional finance). Through this approach, TENT aims to facilitate a smoother transition towards embracing cryptocurrency and offering individuals a more comprehensive and flexible financial landscape.

 

 

About project

 

The INTENT project’s token, driven by a transparent and user-centric philosophy, anticipates its price trajectory to be closely tied to user satisfaction, the continual growth of its user base, and the overall success of STAN services. The underlying logic behind the INTENT token is straightforward, fostering a unified incentive system for all participants in the ecosystem.

 

What sets INTENT apart is its adaptability, seamlessly catering to both end consumers (B2C) and business clients (B2B) within STAN’s operations. This lack of distinction ensures that the token serves both segments equally, promoting inclusivity and flexibility. This inclusive approach not only aligns with the project’s core values but also enhances the scalability of STAN’s overall business model. In contrast to models dependent solely on one specific segment, INTENT’s flexibility positions it to thrive in a diverse market, ultimately contributing to the project’s long-term success.

 

 

 

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Media Contact

Organization: Intent Token

Contact Person: Zoltan Finta

Website: https://www.intent-token.com

Email: Send Email

City: Prague

Country: Czech Republic

Release Id: 08042410964