Ecosystem Potential
Last updated
Last updated
Our ecosystem will be developed within three years. This is a long period during which a change in the development trend in the cryptocurrency market is possible. The TYZ ecosystem currently has no direct competitors that occupy a significant position in the market. But we will track projects similar in structure and direction of their development. When developing an ecosystem, it is important to adhere to the principles of flexibility and scaling of the product being developed. Our development strategy is aimed at creating promising products that will remain in demand and needed by the community.
At the moment we have a plan to develop the TYZ ecosystem, but we are looking far ahead. It is significant for us to understand the course of the global development of the TYZ ecosystem after its launch. At the moment, some weaknesses of the ecosystem can be identified. For example, in comparison with top projects, there is no own blockchain to launch an ecosystem on it. The Binance network has many undeniable advantages and is the best solution to start a project.
The transition to its own blockchain is possible in the future. When the ecosystem is fully implemented and operating at full capacity, we will be able to conduct analytics on the economic feasibility of this transition.
The main disadvantages of using the BSC network:
When making a transaction with the TYZ token, users will pay a commission in both TYZ (if installed) and BNB (the native currency of BSC).
Operations execution time. BSC currently shows a fairly high speed of transactions, but there are smaller networks with better performance. It is also difficult to estimate the future loading of the blockchain.
Another potential improvement is the wider use of NFTs in “22Game” – new decks of cards, playing fields, player avatars, and trading them on the marketplace. As well as the creation of other commercial games based on blockchain technology.
One of the features of the ecosystem is decentralization. We do not hold a “controlling stake” of TYZ tokens, but on the contrary, we cover a wide range of investors by conducting several stages of crowdsales. The TYZ ecosystem will be managed by the administration, but at the same time, smart contracts allow you to automate processes and perform them with human participation. Therefore, when expanding the capabilities of the DAO, it will be possible to manage funds and projects using voting. Thus, management will be distributed among the members of the community, which are interested in the prosperity of the ecosystem.
Listing on such payment platforms as Coinpayments, Coingate, and Nowpayment is planned after the launch of the ecosystem. This will expand the scope of the TYZ token and use it as a means of payment in the future.