The Three Protocol Token (THREE) is a cryptocurrency designed to power decentralized marketplaces, focusing on financial inclusivity and privacy. It utilizes Zero-Knowledge Proof technology, neural network AI, and tri-signature DAOs to ensure secure and efficient transactions. The token serves as both a utility and governance token, enabling seamless transactions and community-driven decision-making within the ecosystem. THREE aims to bridge the gap for the unbanked, debanked, and privacy-conscious individuals, providing access to global marketplaces without traditional KYC constraints.
The Three Protocol Token (THREE) is the native cryptocurrency of the Three Protocol ecosystem, which aims to decentralize marketplaces and promote financial inclusion. The token serves several key purposes within the ecosystem:
Frictionless Payments and Purchases: THREE tokens are used for seamless transactions within decentralized marketplaces, allowing users to acquire goods and services without central oversight or geographical restrictions.
Market Liquidity: A significant portion of the token supply (75%) is allocated for market liquidity, ensuring a healthy and liquid environment for trading.
Staking Rewards: Long-term holders of THREE tokens can benefit from staking opportunities, earning rewards for their continued support of the ecosystem.
- Decentralized Marketplace Integration: THREE tokens are the primary currency for Jobs3, Three Protocol’s flagship marketplace, and are planned to be integrated into other decentralized versions of popular platforms like eBay, Uber, Autotrader, and food delivery services.
Overall, the THREE token is designed to facilitate a decentralized and inclusive commerce experience, empowering users with control and fostering a community-driven marketplace environment.
To store Three Protocol Token (THREE) tokens securely, you have several options:
Storing in a Cold Wallet- Acquire a cold storage device: Choose a portable device with Bluetooth connectivity, such as Trezor Model T or Ledger Nano X.
- Download the corresponding software: Install the software for your chosen cold wallet on your PC.
- Save your recovery (seed) phrase: Ensure you can remember this phrase at all times, as losing it could result in the permanent loss of your crypto.
- Create a new wallet address: Use this address to send your THREE tokens from your other wallet to your cold wallet.
- Send your crypto to the corresponding address: Ensure you're sending your crypto to the correct address to avoid loss.
- Set up your preferred wallet: Choose a hot wallet that supports THREE tokens and complete the setup process, which usually takes 10-15 minutes.
- Complete the KYC requirements: Many hot wallets mandate KYC, although some allow you to skip this process and do it later.
- Check if your preferred hot wallet is ready: Ensure the wallet is set up for THREE tokens.
- Deposit your crypto: You can now give your wallet address to anyone who wants to send you THREE tokens.
- Access a computer free from malware: Use a new personal computer for this step.
- Visit a paper wallet generator site: Generate the credentials you need, such as the private and public keys.
- Generate an address: Select the number of addresses you want to generate and click “generate.”
- Print out your paper wallet: Print out the wallet and fold it with the crypto address showing outside while the private key is in the inner flap.
- Send crypto to your paper wallet: After sending your crypto, keep the wallet in a secure location, away from potentially damaging elements like moisture and heat.
Before selecting a wallet or exchange, conduct thorough background checks to ensure authenticity and security. Always provide the necessary KYC details to prevent financial crimes.
To buy Three Protocol Token (THREE) tokens, you can follow these steps:
Choose a Platform: You can purchase THREE tokens on various platforms, including centralized exchanges like Binance and Bitrue, as well as decentralized exchanges (DEXs) that support the blockchain where THREE resides.
Create an Account: If you don't already have an account on the chosen platform, create one by following the registration process. This typically involves providing some personal information and verifying your identity.
Deposit Funds: Deposit the necessary funds, such as Ethereum (ETH) or Tether (USDT), into your account. These funds will be used to buy THREE tokens.
Locate the Trading Pair: Find the THREE trading pair on the platform, which is typically listed as THREE/ETH or THREE/USDT.
Place an Order: Place a buy order for the desired amount of THREE tokens at the current market price or set a limit order at a specific price you are willing to pay.
Store Your Tokens: Once you have purchased the THREE tokens, ensure they are safely stored in a compatible wallet that supports the blockchain where THREE operates.
Remember to always follow the specific instructions provided by the platform you are using, as the exact steps may vary slightly.