JungleKing TigerCoin is a revolutionary crypto project designed to foster and stimulate participation in the TigerDAO, web 3.0. At the core of this project is TigerCoin, the governance and utility token of the Tiger ecosystem. TigerCoin is unique as it is the first Erc-20 token that is intertwined with NFTs. Its primary role is to stimulate the TigerDAO alongside acting as the currency for purchasing subsequent series of NFTs and paying for services within the ecosystem.
What is TigerCoin?
TigerCoin is an Erc-20 token that functions as the governance and utility token within the Tiger ecosystem. Its design promotes interaction, empowerment, and motivation within the TigerDAO in web 3.0.
The Role of TigerCoin
Beyond governance, TigerCoin plays two additional roles within the ecosystem. Firstly, it can be earned through staking "Jungle Series NFTs", thereby providing a passive income stream for holders. Secondly, it functions as the currency to purchase the next series of NFTs and to pay for the services that the Tiger ecosystem offers.
The Future of TigerCoin
All TigerCoin used within the ecosystem undergoes a burn process, thereby reducing the number of coins in circulation and potentially increasing the value for holders. The burnt TigerCoins are then circulated back to the TigerDAO and the Staking pool.
Unlocking Value with TigerCoin
Intrinsic to the design of TigerCoin is the potential for value appreciation. With each coin burnt after its use in the ecosystem, the value for the remaining coins in circulation is expected to increase. This, coupled with the utility and governance opportunities TigerCoin offers, provides a strong value proposition for users and potential investors within the Tiger ecosystem.
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