Tectum: Bringing Real-World Utility to $TET Token
You know as well as we do that projects say their token is a utility token. As in, for use on their network. And sometimes that’s valuable, but often it’s not. For example, if you have no reason to use their network over another.
So when we see some real-world examples of how we can use a token, we like to point them out.
Pay with $TET to Travel
First, we have blockchain travel site Travala. You can now use $TET to pay for anything on the Travala site. Pretty cool. They even have a contest going on now where you can win one of 3 $300 prizes just for paying with $TET.
Amazing news! @tectumsocial is LIVE on Travala!
You can now book your dream trip with $TET To celebrate, enter the GIVEAWAY & WIN $900 in TCs!
3- $300 each!
How to enter:
1⃣Follow @tectumsocial & @travalacom
2⃣ &
3⃣Tag a travel friend & commentCloses Feb 2
T&Cs pic.twitter.com/imCdyqyLZl— Travala.com (@travalacom) January 26, 2024
Staying in travel, with travel site Travelcare where you can pay with crypto for airline tickets, you can now pay with the $TET token. You get added rewards like 7% off hotel bookings, too.
Tectum has been listed on @travelcareio
Book your dream vacations NOW with ease using $TET!$TET Holder Rewards:
Purple Martin status privilege
10% crypto rewards on your total reservations
7% OFF hotel bookings with code SOFTNOTE”
Verify your account through Travel… pic.twitter.com/9OzYzGr8UR— Tectum (@tectumsocial) January 23, 2024
Increasing Retail Adoption
Then for our Australian friends, the Iron Viking Gym is a new Softnote Merchant. This means they can accept Bitcoin Softnotes as payment for services including subscriptions. This is how retail adoption starts. One by one.
Announcement!
New SoftNote Merchant!Iron Viking Gym⁰⁰Located in Australia & dedicated to help individuals of all levels achieve their goals.
They provide
Individualized training
Nutrition plans
Expert coaching
24/7 gym access
Accountability check-ins⁰
Find out… pic.twitter.com/3Y0TdriuSe— Tectum (@tectumsocial) January 24, 2024
Tectum Ecosystem Improvements
Tectum is also working to improve its ecosystem. First, it’s making it easier to stake. Instead of 100 $TET as the staking requirement, it’s now reduced to 20 $TET. Now more people can stake and hopefully there will be more small stakers across the network. That improves both security and decentralization.
Staking Announcement!
The minimum requirement for node delegator staking has just been reduced by 80%!
You can now stake on T12 with 20 $TET!
Full node 10,000 $TET
Community Node 2500 $TET
Delegator staking 20 $TETStake now: https://t.co/ISD46mUNLu pic.twitter.com/PcIoHXH7iG
— Tectum (@tectumsocial) January 22, 2024