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Table Of Contents
Ternoa allows for you to create a digital time-capsule, populated with photos, files, videos, and any memory deemed worth of passing along. Each of which are stored within the time-capsule as ‘augmented NFTs'.
Through the use of smart-contracts, these time capsules can be transmitted to a recipient who will only be able to open the capsule when pre-determined parameters are met. Ternoa indicates that it offers 5 different protocols through which this can occur.
- Death Protocol
- Safe Protocol
- Consent Protocol
- Countdown Protocol
- D-Day Protocol
Recipients of these capsules can also be given the ability to contribute their own memories upon opening, passing it on to the next.
By offering this service, users can ensure that sensitive and important information is never lost to the ages. It can be passed down to future generations in a controlled fashion, forever kept safe by blockchain technology.
For this process to work, Ternoa makes use of its own tokens known as ‘CAPS'. These tokens not only pay for transactions carried out on the network, but are required for the creation and management of NFTs. Safe storage of CAPS is made available though a mobile solution called Ternoa Wallet.
In addition to its unique approach towards NFTs, Ternoa has made it clear that it intends on being as environmentally-friendly as possible. This led the team to choose Polkadot as a foundation for building their project.
To learn more visit our Investing in Ternoa guide.
How to Buy Ternoa (CAPS) in 4 Steps
The whole process can take as little as 10 minutes and all you'll need is a smartphone or computer, photo identification and a means of payment.
- Compare Crypto Exchanges – We list the top cryptocurrency exchanges that offer the ability to buy Ternoa (CAPS) cryptocurrency.
- Create an account – Verify your email address and identity.
- Make a deposit – Debit Card, Credit Card, Wire Transfer, or Bitcoin.
- Buy Ternoa – Use your funds to Buy CAPS.
We list the top 3 exchanges that offer the ability to buy Ternoa (CAPS) cryptocurrency with a credit card, debit card, or Bitcoin (BTC).
Established in 2013, Gate.io has grown in to a reputable trading platform. While it is not the most popular exchange, it provides users with an easy to use interface for beginners while maintaining robust and advanced charts for various skill levels – including technical traders. The exchange boasts a large number of altcoins including Ternoa (CAPS), and is often the first exchange to add new tokens. Notably, Gate.io maintains a strong stance against any type of market manipulation.
This exchange currently accepts Australia & UK residents.
USA & Canada residents are prohibited.
Uniswap is a decentralized exchange (DEX) for swapping tokens, which uses an automated market maker (AMM) model that allows users to trade against a liquidity pool. While this is obviously a good option to purchase Ternoa (CAPS), we only recommend this platform for advanced users. Due to the fact that this is exchange is decentralized, you are liable for any losses due to errors made.
Learning to use decentralized exchanges is not for the faint of heart. We recommend Gate.io instead.
AscendEX (formerly BitMax) is a lesser known global digital assets exchange founded in 2018 by a group of Wall Street quantitative trading veterans. Building on core value of “Efficiency, Resilience and Transparency”, this exchange features easy to use software and user interface. With that being said, while we are not overly familiar with this exchange, it remains one of the only options to purchase Ternoa (CAPS).
Daniel is a big proponent of how blockchain will eventually disrupt big finance. He breathes technology and lives to try new gadgets.
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