Cryptocurrency Q&A What does Trac Coin do?

What does Trac Coin do?

FireFlyer FireFlyer Mon Nov 04 2024 | 7 answers 1786
I'm curious about the functionality of Trac Coin. I want to understand its purpose and what it can be used for. What does Trac Coin do?

7 answers

Nicola Nicola Wed Nov 06 2024
TRAC serves multiple purposes in the digital realm.

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Nicolo Nicolo Wed Nov 06 2024
One significant use of TRAC is to pay for the fees associated with publishing and updating Knowledge Assets.

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Dario Dario Wed Nov 06 2024
This allows creators to seamlessly manage their intellectual property on the blockchain.

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CryptoTitan CryptoTitan Tue Nov 05 2024
Another crucial function of TRAC is to provide collateral on DKG nodes.

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LucyStone LucyStone Tue Nov 05 2024
Users can "stake" or "delegate" their TRAC tokens to increase their chances of receiving compensation for holding specific Knowledge Assets.

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