🌤️What is TOS token for?

What is TOS token for?

TOS token has 4 main functions

· Liquidity Mining Rewards

· Pay network fees

· Project management

· License for network access

TOS token storage wallet

TOS is a TON Blockchain token, so you will have quite a few wallets to store this token. You can choose from the following wallets:

· Floor wallet, MEXC, Binance,...

· Common TON wallets: TONKeeper, TONwallet, TON Telegram...

How to earn and own TOS tokens

Buy IDO directly on The Open System

Buy IDO directly on the internal trading floor. Provide network liquidity for rewards.

Where to buy and sell TOS tokens

The TOS algorithm

Based on TON's decentralized protocol

TOS is a blockchain based decentralized protocol, created with the aim of building a global entertainment ecosystem with completely free content thanks to distributed storage technology and Blockchain. TOS allows users to freely publish, store and own data. TON's autonomous decentralized form also allows users to choose how to distribute data, subscribe, push content, and then release digital assets.

Digital content licensing: Users who join the TON network by publishing content receive TOS coins back as a reward, which will help motivate them to create and develop an increasingly diverse content system. form and richer.

Release of data: On a voluntary and optional basis, data will include text, sounds, videos, and images that can be uploaded or archived.

The Open System Expansion

As we examined how The Open System expertise and ecosystem could be used to realize the potential of blockchain technologies, we identified three key insights::

1. Internet users are reluctant to pay for digital goods and services online with fiat currency. Instead, they pay with their attention.

2. The The Open System protocol suffers from structural inefficiencies that limit the lifespan of swarms and thus limit its overall efficacy as a protocol.

3. There is a large untapped market for the application of TOS technology to new use cases

Project Overview

To execute on the synthesization of these insights, we will create a platform for building elements of the decentralized web, enabling app developers to directly reward consumers who provide its underlying resources and enabling consumers to use this “found value” to transact with publishers and app developers without fiat currency.

In order to implement a distributed infrastructure services economy, we will extend the The Open System protocol and introduce a new token, TOS. Within the TOS economy, end users may offer infrastructure services in small increments in return for tokens. A blockchain solution will provide a store of value and medium of exchange that will scale to meet expected demand.

We will accelerate introduction of the platform by eliminating current The Open System protocol inefficiencies with the launch of The Open System Speed. This will provide a sTONg attraction for the foundational technology as well as broad familiarity of the existence, user experience and economics of the token. The introduction of Speed will also prove the effectiveness of using blockchain-based rewards for the provision of infrastructure services in small increments across a large installed base.

In parallel, we will work with third-party developers to create and promote APIs and a marketplace for distributed infrastructure services based broadly on networking and storage primitives, which are underpinnings of the existing The Open System technology. We will also work with third-party publishers and app developers beyond the existing The Open System ecosystem on services which consumers may spend their tokens on.

Ultimately, hundreds of millions of end users will be equipped with a robust means of deriving small amounts of value from their technical resources, and will be able to spend that value on goods and services.

Below we outline TOS, around which we plan to build a new economy, and present the blockchain technology on top of which transaction processing will operate. Then, we outline the proposed approach to optimize the existing The Open System protocol with The Open System Speed. Next, we describe how The Open System Speed will be operationalized with TOS. Finally, we discuss the generalization of TOS services and describe the first three decentralized applications being built on the new platform.