## What Is TECRA ($TECRA)?

TECRA ($TECRA) cryptocurrency is the key of the Tecra blockchain ecosystem. The main functionality of $TECRA is connected to the crowdfunding platform [Tecra Space](https://tecra.space/). Tokenization platform embedded in the Tecra business model allows project Creators to enlist their project tokens and collect funds from Investors who can support project ideas. Solution is based on Tecra blockchain technology which uses Ethereum public-permissioned solutions, such as Clique and Aura. 

The network runs on a Proof-of-Authority (PoA) consensus mechanism that delivers comparatively fast transactions through a consensus mechanism based on identity as a stake.

### TECRA is the native coin that is used for:

* Purchase the tokens of the projects with active fundraisers on the [Tecra Space](https://tecra.space/).
* Running Masternodes on the network via staking $TECRA coin.
* Open Tecra's Smart Deposit (Staking service)



## Deflation & TECRA coins distribution

TECRA is designed to be deflationary cryptocurrency. It means that the TCR premined amount will be gradually reduced by eliminating coins from the market in a burning process. The elimination process will be achieved through validators actions. Transaction fees are paid to validators nodes that are responsible for sealing new blocks

Accumulated fees will be transferred to dedicated burn address without the option to be recovered.

### TECRA coin distribution

Total number of coins: 210 000 000 TCR
Number of coins reserved for swap: 85 000 000 TCR

The remaining coins will be split as follows: 

70% is a Tecra Funding (Science) - long-term pool for Tecra community funding of investments in technology startups in the future DAO model. 10% is for Masternodes*, 10% for Smart Deposit** (PoA) and 10% for Developers Team. 

Tecra Funding (Science) - 70%
Masternode   - 10%
Smart Deposit - 10%
Dev Team - 10%

*Masternode is a staking service that requires a minimum amount of 10 000 TCR staked in order to receive staking reward. 
** Smart Deposit is a staking service available for TCR holders.

## What Makes TECRA Unique?

Tecra Space platform was created for creators who are looking to fund their unique projects in various emerging industries that are changing the world for the better. Tecra Space platform not only gives creators a chance to realize their projects, but also offers investors the opportunity to be a part of the most interesting projects with high commercialization potential.

Tokenization on the Tecra Space platform offers investors tokens with real value. The project tokens represent promising early stage startups.

Project tokens will be traded on Tecra own decentralized exchange, Tecra DEX, and on the BigBang exchange.

## Who Are the Founders of TECRA?

The founders of Tecra company - Przemysław Karda and Łukasz Gromek.Like many other enthusiasts at that time, the idea of creating their own cryptocurrency came up to their minds. 

Tecra has already designed its own blockchain, sealed graphene patents, built a community intensely interested in Tecra’s projects as well as assembled a team that consists of tech-savvy blockchain developers all around the world, proficient managers, marketers and market consultants who dedicate their time and energy to find and realize solutions of tomorrow.

Przemysław Karda himself has been associated with the IT market since 2006. At the age of 21, he founded the first technology company operating in the UK. A former Polish army officer trained in the US Air Forse. The creator of the Business Forces leadership program. The co-owner of Belters sp.z o.o. - one of the Altcoin mine in Polan, involved in ICO projects and applications based on blockchain technology. 

Łukasz Gromek stared his professional career in the computer hardware industry. Untainted with corporations, he gained his extensive management experience on executive positions in private companies. Currently an entrepreneur, who runs IT and new technology business connected to the following companies: G1 Studio Sp. z o.o. (Ltd.), Belters Sp. z o.o. (Ltd), Tecra Sp. z o.o. (Ltd.), Navicoin, Claxon. 

### Where Can I Buy TECRA ($TECRA)?

Buying $TECRA is possible in two ways. 

Via [Tecra Space](https://tecra.space/) - a crowdfunding platform that allows you to buy $TECRA from a cryptocurrency issuer. Via [Hotbit](https://coinmarketcap.com/exchanges/hotbit/) - a centralized crypto exchange where $TECRA is officially listed on. 

$TECRA is available for trading on a [Hotbit](https://coinmarketcap.com/exchanges/hotbit/), with USDT/TECRA pair crurrently avaiable.


Here are some other articles that you may be interested in:

* [New Player on the Market, TecraCoin - a Cryptocurrency That Tolerates Market Fluctuation](https://news.bitcoin.com/new-player-on-the-market-tecracoin-a-cryptocurrency-that-tolerates-market-fluctuation/)
* [Revolutionary Crowdfunding Platform Tecra Space Offers Amazing Opportunities for Crypto Investors](https://news.bitcoin.com/revolutionary-crowdfunding-platform-tecra-space-offers-amazing-opportunities-for-crypto-investors/)
* [How to invest in projects on the Tecra Space platform?](https://tecra.space/news/invest-on-tecra)

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