Sep 18, 2018
Now more than ever, the world needs humanity to connect in order to create, to heal, to grow, and to live in harmony. The English word “earth” translates in the Esperanto language to Tero.
Terocoin (TERO) is a digital currency which ties token-value to a real asset with the recognized intrinsic value thus resolving the principal barrier to entry that many people face when first hearing about cryptocurrencies and crypto-digital commerce
Terocoin will utilize the measurement of square meters as a fraction representative of the value of each token created. That is to say that there will be as many Terocoins as square meters that have been acquired and preserved in the name of the Tero land trust. It will begin with a large piece of property of 1000 hectares located in a country internationally recognized as an ecological paradise: Costa Rica. The property will be allocated in square meters creating the first 10,000,000 TeroCoin tokens. As with Bitcoin, there are a limited number of coins that can exist, however, as with traditional economies, the currencies have actual physical backing.
One hundred percent of Terocoins will be backed at all times by land owned by the Tero land trust at a rate of one token being equivalent to one square meter of land held. At all times, the total number of Terocoins in circulation will be publicly accessible on Terocoin.org and the holdings of the Tero land trust are 100% auditable and publicly disclosed so that Terocoin’s users and other interested blockchain ledger parties can compare the total number of issued coins vs. the total square meters of land held, which will always be on a 1:1 basis
Terocoin will be launched as an ERC20 token on the Ethereum network, at its core all transactions will not depend on Proof-of-Work to process themselves, as part of our oxygen generating token, Proof-of-Stake is used.
Regarding the future of the project, important issues exceeding general day-to-day operations (example: In what country should the next batch of reserve lands be purchased?) will be voted upon directly by the users of the token. One token will be equal to one vote and decisions will be made according to the majority of the votes being cast. All voting will be blockchain based so there will be no possible manipulation regarding voted results.
Attention. There is a risk that unverified members are not actually members of the team
This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
If you have any concerns about the nature, propriety or legality of this token sale or the persons involved in it please contact [email protected] with detailed information about your concerns.