Frequently Asked Questions about TokenGød
Explore the most frequently asked questions about TokenGød. Learn more about our oracle system, deflationary model, smart contracts and token distribution. You can also read the whitepaper or check the investment page.
📌 What is TokenGød (TGD)?
TokenGød is a digital asset designed to offer transparency, resilience, and long-term growth. Its value is based on solid economic principles and advanced technology, combining smart contracts and decentralized systems.
🔗 What are smart contracts in TokenGød?
They are autonomous programs that execute predefined rules without human intervention. TokenGød's smart contracts are designed to ensure transparency, security, and efficiency in all transactions.
📝 Why are there three smart contracts in TokenGød?
- Token Contract (TGD): Defines the fixed supply of 100 million tokens.
- Distributed Oracle Contract: Calculates the price using decentralized data sources.
- PoOP Rewards Contract: Distributes 4M TGD over 200 years to token holders who freeze their assets.
🔥 What is “microburn” in TokenGød?
Each transaction includes a small token burn, reducing the total supply and increasing long-term value.
💰 How is the price of TGD calculated?
- 75% based on the top 10 cryptocurrencies by market capitalization.
- 25% based on the internal supply and demand for TGD.
🛡️ What is a decentralized oracle?
A system that allows smart contracts to securely access external data, avoiding manipulation from centralized sources.
🕒 What is the PoOP (Proof of Oracle Participation) system?
A long-term reward mechanism for users who freeze their tokens for 24 hours, ensuring active and honest participation.
📊 How are TGD tokens initially distributed?
- 90% — Open market and public sale.
- 3% — Initial marketing efforts.
- 3% — Liquidity provisioning for DEX and CEX.
- 4% — Rewards for oracle participation over 200 years.
🛠️ Why is it important that TGD has a fixed supply?
A fixed supply ensures deflationary economics, protecting the value of existing tokens as demand grows.
🧱 What makes the TokenGød ecosystem unique?
It combines programmed scarcity, a decentralized price oracle, and long-term reward systems—all under regulatory compliance.
🔐 How does TokenGød protect itself from manipulation and Sybil attacks?
Through a distributed, proof-of-reputation architecture that minimizes centralization and secures validator integrity.
🌐 How does TokenGød comply with EU regulations?
TGD is classified as a utility token under the MiCA regulation, designed to meet EU legal standards without being considered a financial instrument.