Nigeria's leading finance and market intelligence news report.

Tatcoin could be crypto’s next big thing. Here’s what this digital asset’s all about

Digital currencies such as Bitcoin have caused frenzy in the finance world. They have made headlines for mind-boggling returns, promised revolutionary technologies like Blockchain and are expected to be redefine wealth and investment for the new generations.

The biggest returns on investment in the past decade was not real estate, any technology stocks , not gold but bitcoin . But if you missed bitcoin investment when it was just one dollars, then something big is coming – it is Tatcoin. 

ABiT network, a blockchain creative solutions brand in Africa just launched a new utility token called TATCOIN.

The concept of the blockchain lies at the heart of all cryptocurrencies. It is the decentralised historical record of changes in the ownership of the asset. 

 Tatcoin is a tradable token in the cryptocurrency market that would be used as the official transactional currency of the ABiTnetwork.

This utility token is focused on simplifying payment processes for goods and services and would be available to every user on the ABiT network. This means that using Tatcoin on the ABiT platform would include discounted rates on every product and service. Services such as real estate, payments, shopping, and entertainment would be easy to purchase with the Tatcoin.

“At ABiTnetwork, we are always looking for smart solutions to prevailing issues in the economy,” says Gaius Chibueze, CEO ABiTnetwork. In recognition of these issues in Africa, ABiTnetwork has leveraged on blockchain technology to provide solutions amongst which is the new cryptocurrency called the TATCOIN.

The CEO of Tatcoin , Gaius Chibueze, popularly known as Bitcoin Chief is a bestselling Author, Bitcoin, Real Estate and Internet Mogul. A serial entrepreneur who is passionate about maximizing the enormous potentials of the internet.

CEO, Abit Network and CEO, Binace Changpeng Zhao

Tatcoin was created as an ERC20 Token contract and minted on the EOSIO Mainnet with a total supply of 200 million tokens.

If you missed out on bitcoin, 35% of the Tatcoin supply is available for individuals and VCs at the cost of 7 cents which is equivalent to 25 naira in Nigerian currency. The IEO would be done in one phase with a Tatcoin supply of 90,000,000, while there would be a pre-sale of 20,000,000 Tatcoins and 5% of the total Tatcoins would be sold. You can get the token on Abit Network 

Below is a general breakdown;

Token Symbol – TAT

Total Supply – 200,000,000 TAT

IEO Supply – 90,000,000 TAT

Pre-Sale – 20,000,000 TAT

Token Price – $0.07

Soft Cap – 720,000 USD

Hard Cap – 4,220,000 USD

Accepted Currencies : Bitcoin (BTC), USD, Binance Coin (BNB), EOS, Ethereum (ETH), Naira.

Minimum Purchase – 50 Tokens.


Get real time updates directly on you device, subscribe now.