On August 23, 2024, Tectum (TET) experienced a significant breakout, with its price surging by 7%, reaching $9.43. This remarkable movement in the cryptocurrency market was driven by several strategic developments and technological advancements. Tectum, known for its proprietary ProofofUtility (PoU) consensus and superfast network protocol, continues to solidify its position as a leading blockchain network. Let's dive into the specifics of this breakout and explore the factors that contributed to this price surge. On August 23, 2024, Tectum (TET) experienced a significant breakout, with its price surging by 7.00% to reach $9.43. This remarkable growth can be attributed to several pivotal developments within the Tectum ecosystem, each contributing to the heightened investor interest and market activity. Let's delve into the key reasons behind this breakout, supported by visual evidence for a comprehensive understanding of the factors at play.
Apple's NFC chip opening boosts SoftNote T™ integration: Apple's decision to open its NFC payment chip to thirdparty developers in iOS 18.1 allows SoftNote T™ to integrate with over 1.4 billion iPhone users, enhancing secure, contactless payments. This strategic move significantly expands Tectum's market reach and usability, making it a more attractive option for investors.
Tectum named a top traded token on Biconomy: On August 21, 2024, Biconomy announced Tectum as one of the most traded tokens. This recognition increased Tectum's visibility and attracted more investors to the ecosystem, further driving the token's price upward.
High volume buy from SoftNote release: The release of SoftNote has driven high volume buys for TET. SoftNotes offer secure, highspeed Bitcoin wallet transfers, minted using TET tokens, and feature cryptographic pin codes and microtransactionfriendly options. This innovation has captured the interest of the crypto community, leading to increased demand for TET.
70% token price spike from SoftNote wallet development: The token price surged by 70% following an AMA with Apple about the SoftNote wallet's compatibility with iPhone 16 and Android. This development attracted significant investor interest, further boosting TET's market performance.
The culmination of these factors has positioned Tectum as a formidable player in the blockchain and cryptocurrency space. With its proprietary ProofofUtility (PoU) Consensus and superfast Network Protocol, Tectum continues to demonstrate its potential for scalability, security, and adaptability, making it an appealing investment in the everevolving crypto market.
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Spot the Main Event:
Wave around softnote release is generating high volume buy for tet. A SoftNote is an end-to-end payment system that utilizes advanced encryption, storage, and transmission technologies on the Tectum blockchain. It allows for the transfer of ownership of Bitcoin wallets at high speed using SoftNotes, offering a new approach to scaling Bitcoin. SoftNotes are minted using the TET token and provide excellent security through cryptographic pin codes, denominated bills, and microtransaction-friendly features.
Explore the Core.
The Fastest Blockchain for All Industries. Tectum is the world's fastest blockchain – a lightning-fast distributed ledger powering the superconductive digital financial environment of the future
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Abifarin TemitayoExplore the Core.
Tectum is the only Blockchain network to employ proprietary Proof-of-Utility (PoU) Consensus and super-fast Network Protocol as described in the Tectum White Paper. PoU protocol optimizes data distribution, and the Network Protocol enables nodes to distribute and validate over 1 Million digital events per second, making Tectum the fastest Blockchain in the world by far. To put this into perspective, Bitcoin processes from 4.6 to 7 Transactions Per Second (TPS), Ethereum from 12 to 25 TPS, Cardano 250 TPS, and Solana 29,000 TPS. Tectum is not only the fastest blockchain in the world, but also the most secure and the most adaptable, reaching speeds of 1.38 Million TPS during peak performance.
Spot the Main Event:
Apple's decision to open its NFC payment chip to third-party developers in iOS 18.1 is a game-changer for SoftNote T™ pay! The move allows us to seamlessly integrate our services with the iPhone, providing more than 1.4 billion users with more choice and flexibility for secure, contactless payments.
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Abdulazeez MuhammadExplore the Core.
Tectum is a distributed-ledger protocol (DLT) platform that aims to revolutionize the world of blockchain and cryptocurrency payments. Its essence lies in its ability to provide instant, cost-effective, and inclusive financial transactions. Key features of Tectum include: Handling over a million transactions per second (called "EVENTS") with rapid event status delivery and ownership updates across the network Storing hashes mapped to original data at a lower level instead of directly on the blockchain to isolate heavy transaction information Integrating a proprietary Proof-of-Utility consensus algorithm to optimize data distribution and enable the protocol to distribute and validate more than a million digital events per second Providing different levels of accessibility to transaction-related modules.
Spot the Main Event:
On the 21st of August,2024. Biconomy announced Tectum as one of the most traded token. This Is a significant stride made recently. This gave Tectum the spotlight in biconomy ecosystem compelling investors to buy in.
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GLORIA OLUWAFERANMITo God be the Glory
Explore the Core.
Tectum is the only Blockchain network to employ proprietary Proof-of-Utility (PoU) Consensus and super-fast Network Protocol as described in the Tectum White Paper. PoU protocol optimizes data distribution, and the Network Protocol enables nodes to distribute and validate over 1 Million digital events per second, making Tectum the fastest Blockchain in the world by far. To put this into perspective, Bitcoin processes from 4.6 to 7 Transactions Per Second (TPS), Ethereum from 12 to 25 TPS, Cardano 250 TPS, and Solana 29,000 TPS. Tectum is not only the fastest blockchain in the world, but also the most secure and the most adaptable, reaching speeds of 1.38 Million TPS during peak performance. A SoftNote is the flagship product of Tectum and is positioned as the first “Transactionless” Payment System boasting truly instant payment capabilities and a zero-fee policy for the end user.
Spot the Main Event:
They re thrilled to announce a game-changing partnership with Mintlayer! This collaboration is set to redefine what's possible in the Bitcoin and DeFi ecosystems. By combining Tectum’s lightning-fast blockchain and SoftNote technology with Mintlayer’s cutting-edge decentralized finance solutions, we’re unlocking new horizons for innovation, security, and user experience.
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Oluwatosin BamideleTrade hard. Joy is coming
Explore the Core.
Tectum is the only Blockchain network to employ proprietary Proof-of-Utility (PoU) Consensus and super-fast Network Protocol as described in the Tectum White Paper. PoU protocol optimizes data distribution, and the Network Protocol enables nodes to distribute and validate over 1 Million digital events per second, making Tectum the fastest Blockchain in the world by far. To put this into perspective, Bitcoin processes from 4.6 to 7 Transactions Per Second (TPS), Ethereum from 12 to 25 TPS, Cardano 250 TPS, and Solana 29,000 TPS. Tectum is not only the fastest blockchain in the world, but also the most secure and the most adaptable, reaching speeds of 1.38 Million TPS during peak performance. A SoftNote is the flagship product of Tectum and is positioned as the first “Transactionless” Payment System boasting truly instant payment capabilities and a zero-fee policy for the end user.
Spot the Main Event:
They re thrilled to announce a game-changing partnership with Mintlayer! This collaboration is set to redefine what's possible in the Bitcoin and DeFi ecosystems. By combining Tectum’s lightning-fast blockchain and SoftNote technology with Mintlayer’s cutting-edge decentralized finance solutions, we’re unlocking new horizons for innovation, security, and user experience.
📸 Show Us What You Found:
OLUWATOSIN GARUBAExplore the Core.
Tectum is the only Blockchain network to employ proprietary Proof-of-Utility (PoU) Consensus and super-fast Network Protocol as described in the Tectum White Paper. PoU protocol optimizes data distribution, and the Network Protocol enables nodes to distribute and validate over 1 Million digital events per second, making Tectum the fastest Blockchain in the world by far. To put this into perspective, Bitcoin processes from 4.6 to 7 Transactions Per Second (TPS), Ethereum from 12 to 25 TPS, Cardano 250 TPS, and Solana 29,000 TPS. Tectum is not only the fastest blockchain in the world, but also the most secure and the most adaptable, reaching speeds of 1.38 Million TPS during peak performance. A SoftNote is the flagship product of Tectum and is positioned as the first “Transactionless” Payment System boasting truly instant payment capabilities and a zero-fee policy for the end user.
Spot the Main Event:
They re thrilled to announce a game-changing partnership with Mintlayer! This collaboration is set to redefine what's possible in the Bitcoin and DeFi ecosystems. By combining Tectum’s lightning-fast blockchain and SoftNote technology with Mintlayer’s cutting-edge decentralized finance solutions, we’re unlocking new horizons for innovation, security, and user experience.
📸 Show Us What You Found:
Adekanmi OwojoriFreelancer , Copy Writer and Crypto lover
Explore the Core.
Tectum is the only Blockchain network to employ proprietary Proof-of-Utility (PoU) Consensus and super-fast Network Protocol as described in the Tectum White Paper. PoU protocol optimizes data distribution, and the Network Protocol enables nodes to distribute and validate over 1 Million digital events per second, making Tectum the fastest Blockchain in the world by far. To put this into perspective, Bitcoin processes from 4.6 to 7 Transactions Per Second (TPS), Ethereum from 12 to 25 TPS, Cardano 250 TPS, and Solana 29,000 TPS. Tectum is not only the fastest blockchain in the world, but also the most secure and the most adaptable, reaching speeds of 1.38 Million TPS during peak performance. A SoftNote is the flagship product of Tectum and is positioned as the first “Transactionless” Payment System boasting truly instant payment capabilities and a zero-fee policy for the end user.
Spot the Main Event:
The price pump is related to their recent development on softnote wallet in which they had an AMA section with Apple on iPhone 16 and more so how softnote app can be use both on iOS and Android. The price of the token spikes up with 70% increase and more investors invest in the token
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Overview
Tectum is a blockchain network that distinguishes itself with its proprietary ProofofUtility (PoU) Consensus and superfast Network Protocol. The project aims to revolutionize blockchain technology by offering unparalleled transaction speeds and security. Tectum's mission is to provide instant, costeffective, and inclusive financial transactions, making it the fastest and most secure blockchain in the world.
Key Features
ProofofUtility (PoU) Consensus: Optimizes data distribution and enables the network to handle over 1 million digital events per second. SuperFast Network Protocol: Achieves speeds of up to 1.38 million transactions per second (TPS), far surpassing other blockchains like Bitcoin (4.67 TPS), Ethereum (1225 TPS), Cardano (250 TPS), and Solana (29,000 TPS). SoftNote: A flagship product offering a "Transactionless" Payment System with instant payment capabilities and zero fees for end users. Energy Conservation: PoU is less energyintensive compared to ProofofWork (PoW), making it more environmentally friendly. Dynamic Node Rating: Misbehaving nodes are quickly penalized, promoting a trustworthy network environment. Faster Consensus: Multiple master nodes are elected per second, leading to extremely fast consensus and transaction validations.
Recent Developments
Partnership with Mintlayer: This collaboration aims to enhance the Bitcoin and DeFi ecosystems by combining Tectum's fast blockchain and SoftNote technology with Mintlayer's decentralized finance solutions. Token Listings: Tectum Emission Token ($TET) is now listed on platforms like Uniswap and ChangeNOW, increasing its accessibility and liquidity. Community Engagement: Active discussions and promotional activities on platforms like Telegram, Discord, and Twitter, including roundtable discussions and podcasts.
Market Impact
High Transaction Speed: The ability to process over 1 million TPS positions Tectum as a leader in scalability, attracting highfrequency trading and realtime applications. Partnerships and Listings: Collaborations with platforms like Mintlayer and listings on major exchanges enhance Tectum's market presence and user adoption. Innovative Products: SoftNote's zerofee, instant payment system could disrupt traditional payment methods and attract a broad user base.
Risks and Opportunities
Challenges: Potential security vulnerabilities and the need for continuous technological advancements to maintain its competitive edge. Opportunities: The unique PoU consensus and high transaction speeds offer significant growth potential in DeFi, payments, and other highdemand sectors.
Community Engagement
Active Community: Tectum has a vibrant community on Telegram, Discord, and Twitter, with regular updates and discussions. Engagement Strategies: The team frequently interacts with the community through AMAs, roundtable discussions, and promotional activities, fostering trust and transparency.
Conclusion
Tectum's innovative approach, characterized by its PoU consensus and superfast network protocol, positions it as a compelling choice for traders. The project's recent developments, including strategic partnerships and token listings, enhance its market potential. However, traders should consider the inherent risks and stay updated on technological advancements and community feedback. Overall, Tectum's unique value proposition and strong market presence make it a noteworthy investment opportunity.
This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.