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<h4>Three Protocol ($THREE) offers technology that brings AI to ecommerce and online marketplaces. It also uses zk technology. This allows for KYC-free procedures. Their native $THREE token launched during late April 2024. Staking $THREE offers juicy rewards, currently up to 31%. If you hold enough $THREE, you can also get governance rights.</h4> 
So, let’s take a closer look at the Three Protocol and what holding $THREE tokens offers. 
<h5>Why Would You Hold $THREE Tokens?</h5> 
Holding $THREE tokens offers various benefits. First, let’s take a look at their tokenomics. The token launched in late April 2024. The $THREE token distribution is what catches your interest. At launch, 100% of the $THREE tokens came into circulation. Here’s the $THREE token distribution, 
<ul> 
 <li style="font-weight: 400;" aria-level="1">75% went to liquidity. This includes 0.5% for an airdrop.</li> 
 <li style="font-weight: 400;" aria-level="1">15% was for the team, with an 18-month linear vesting period.</li> 
 <li style="font-weight: 400;" aria-level="1">10% was set aside for staking rewards.</li> 
</ul> 
That always looks good, when there are no token unlocks down the pipeline. $THREE has a max and total supply of 100 million $THREE tokens. The current <a href="https://www.coingecko.com/en/coins/three" target="_blank" rel="noopener">$THREE token price</a> is 10 cents with a $10 million market cap. So, that’s a nice, low market cap with growth potential. You can buy the $THREE token at Uniswap, MEXC, or Bilaxy. 
In case you hold 0.2% of the $THREE token supply, you will gain a seat on their DAIO. That’s their governance platform. However, 0.2% of 100 million $THREE tokens equals to 200,000 tokens. At the current price of 10 cents, that’s $20,000. That’s a steep entrance to their governance platform. On the other hand, it does give you a direct influence on the project’s future direction.&nbsp; 
So, let’s take a closer look at what rewards staking $THREE brings to the table. One advantage of staking $THREE tokens is passive income. You can lock your tokens on the <a href="https://uncx.network/" target="_blank" rel="noopener">UNCX Network</a>. On their <a href="https://app.uncx.network/" target="_blank" rel="noopener">app</a>, you can pick the duration of your locking period. The longer you lock your $THREE tokens, the higher your APY will be. Currently, you can get up to 31% APY. The picture below shows the $THREE distribution schedule. 
<img decoding="async" class="aligncenter wp-image-148790 size-full" src="https://www.altcoinbuzz.io/wp-content/uploads/2024/08/FireShot-Pro-Webpage-Capture-528-THREE-PROTOCOL-www.threeprotocol.ai_.jpg" alt="THree tokens" width="866" height="673" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2024/08/FireShot-Pro-Webpage-Capture-528-THREE-PROTOCOL-www.threeprotocol.ai_.jpg 866w, https://www.altcoinbuzz.io/wp-content/uploads/2024/08/FireShot-Pro-Webpage-Capture-528-THREE-PROTOCOL-www.threeprotocol.ai_-300x233.jpg 300w, https://www.altcoinbuzz.io/wp-content/uploads/2024/08/FireShot-Pro-Webpage-Capture-528-THREE-PROTOCOL-www.threeprotocol.ai_-768x597.jpg 768w, https://www.altcoinbuzz.io/wp-content/uploads/2024/08/FireShot-Pro-Webpage-Capture-528-THREE-PROTOCOL-www.threeprotocol.ai_-540x420.jpg 540w, https://www.altcoinbuzz.io/wp-content/uploads/2024/08/FireShot-Pro-Webpage-Capture-528-THREE-PROTOCOL-www.threeprotocol.ai_-696x541.jpg 696w" sizes="(max-width: 866px) 100vw, 866px"> 
Source: <a href="https://www.threeprotocol.ai/litepaper/tokenomics-of-the-three-protocol" target="_blank" rel="noopener">Litepaper</a> 
<h6>{Editor’s Note: The UNCX Network app is safe to use for staking your $THREE tokens there. However, you should know that as a decentralized protocol, other apps using UNCX can have malicious code in them. We got a trigger from a popular anti-virus program on another listing. But we tested it and $THREE on UNCX IS SAFE. The UNCX app has never had an exploit or hack. As always, DYOR and don’t just casually click on links either before or after you connect your wallet to an app.}</h6> 
<h5>What Brings Three Protocol’s Zero-Knowledge Proofs to the Table?</h5> 
Three Protocol’s Zero-Knowledge (zk) proofs bring your data protection to the table. <a href="https://www.altcoinbuzz.io/?s=zk+technology" target="_blank" rel="noopener">ZK technology</a> allows you to prove something without revealing the actual proof. Three Protocol uses <a href="https://www.threeprotocol.ai/litepaper/zki3s" target="_blank" rel="noopener">ZKi3s</a> for this purpose. As already mentioned, Three Protocol doesn’t require you to do a KYC check.&nbsp; 
In contrast, you can mint a ZKi3 as an <a href="https://www.altcoinbuzz.io/category/nft/" target="_blank" rel="noopener">NFT</a>. So, there’s no need to show any national ID document or biometric details. Three Protocol will make the algorithmic formulas for ZKi3s open source. The ZKi3 will include your reputation score. This means that you can include it in any digital transaction. 
<a href="https://www.altcoinbuzz.io/?s=three+protocol" target="_blank" rel="noopener">Three Protocol</a> has currently one marketplace that is live. That’s the <a href="https://www.jobs3.io/" target="_blank" rel="noopener">Jobs3</a> marketplace. It’s like Upwork or Fiverr. Soon, the <a href="https://www.threeprotocol.ai/litepaper/3pay">3Pay</a> payment gateway will launch. This reduces identity theft. It will also give better control over unauthorized transactions. 
<blockquote class="twitter-tweet"> 
 <a href="https://t.co/TprHnlKDHA">https://t.co/TprHnlKDHA</a> 
 — Three Protocol ZKP (@ThreeProtocol) <a href="https://twitter.com/ThreeProtocol/status/1824493811902423521?ref_src=twsrc%5Etfw">August 16, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
<h5>Three Protocol New Partnerships</h5> 
Three Protocol keeps building new partnerships. During August, we see three new partnerships. 
<a href="https://www.snsy.ai/" target="_blank" rel="noopener">Sensay</a> — This is an AI-powered platform that creates digital replicas. So, think of digital representations of individuals or entities. Three Protocol will use their AI tech on their Jobs3 platform. 
<a href="https://www.bitscrunch.com/" target="_blank" rel="noopener">BitsCrunch</a> — This is an AI-enabled, decentralized blockchain data network. It allows developers to build reliable dApps. BitsCrunch will be using the Jobs3 premium feature. This allows teams to look for their next A-player Web3 hire. 
<a href="https://www.optopia.ai/" target="_blank" rel="noopener">Optopia</a> — Here we have an AI-driven, intent-centric Layer2 network. It allows for permissionless intent creation. It will also use the Jobs3 premium jobs listings to find their next Web3 hire. 
<iframe title="Sensay and the $SNSY token" width="696" height="392" src="https://www.youtube.com/embed/i1DOS4BaPJg?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe> 
<h5>Conclusion</h5> 
Three Protocol is in full active mode. For instance, their $THREE token allows for passive income with their staking options. The platform is also working on its new 3Pay payment gateway. Last but not least, it will have new growth-oriented partnerships in August. 
<a href="https://www.patreon.com/altcoinbuzz" target="_blank" rel="noopener"><img decoding="async" class="alignnone wp-image-123700 size-full" src="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner.jpg" sizes="(max-width: 1197px) 100vw, 1197px" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner.jpg 1197w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-300x37.jpg 300w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-1024x127.jpg 1024w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-768x95.jpg 768w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-696x86.jpg 696w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-1068x132.jpg 1068w" alt="" width="1197" height="148"></a> 
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Disclaimer 
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers, and their risk tolerance may be different from yours. 
We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence. This article has been sponsored by Three Protocol. 
Copyright Altcoin Buzz Pte Ltd. 
The post <a href="https://www.altcoinbuzz.io/product-release/what-does-holding-three-tokens-offer/">What Does Holding $THREE Tokens Offer?</a> appeared first on <a href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.

What Does Holding $THREE Tokens Offer?

Altcoin Buzz

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