Cryptocurrency Q&A What is a torn coin?

What is a torn coin?

CharmedClouds CharmedClouds Mon Nov 04 2024 | 6 answers 1546
I have encountered a term called 'torn coin' and I am not sure what it refers to. Could it be a coin that has been physically torn apart, or does it have some other specific meaning or context? I would like to understand the background and implications of this expression. What is a torn coin?

6 answers

Nicola Nicola Wed Nov 06 2024
The token was launched in February 2021. This was a significant milestone for the project, as it marked the beginning of its journey in the cryptocurrency world.

Was this helpful?

391
50
SilenceSolitude SilenceSolitude Wed Nov 06 2024
Prior to the launch, a governance proposal was made that unlocked TORN. This proposal was carefully considered and debated by the community before being approved.

Was this helpful?

160
55
CryptoVisionary CryptoVisionary Wed Nov 06 2024
As part of the launch, 5% of the total supply of TORN was airdropped to early adopters. These individuals were previously users of Tornado Cash, a popular privacy-focused cryptocurrency mixer.

Was this helpful?

319
27
Matteo Matteo Wed Nov 06 2024
TORN is an ERC-20 token that possesses a fixed supply. This unique characteristic sets it apart from other tokens in the market, making it a valuable asset.

Was this helpful?

399
70
Silvia Silvia Wed Nov 06 2024
The role of TORN in the project is as the governance token. This means that holders of TORN have a say in the direction and decisions made by the project team.

Was this helpful?

188
58
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts