Tokens SQCT
SQTC is Cripto based on blockchain Polygon ERC20.
This means it is decentralized and secure, and can be used for secure and fast transactions worldwide. The SQCT will be used in various use cases within the Square City app, including rewards for users, transactions between businesses and users, and as a form of payment in companies that accept the token.
Furthermore, the SQCT can be used in other businesses in the tourism sector that wish to connect with their customers more efficiently and securely.
Total Suply of SQTC is 7,9 bi, with 10% of startup treasure, 5% for Donations and 5% Airdrops. The rest of will be available for general public.
The SQTC has a precision of 15 decimal places, which means it can be divided into very small units to facilitate transactions.
Additionally, the SQTC has exchange parity with other currencies such as USDT, USDC, MATIC, and others, meaning it can be easily exchanged for these other currencies.
The Square City app will be based on the Polygon ERC20 network, a fork of the Ethereum network. This means it can leverage the advantages of the Ethereum blockchain, including security, decentralization, and the ability to perform fast and cost-effective transactions.
The code in the Solidity language, of token SQCT on Ethereum Blockchain:
pragma solidity ^0.8.18; string public name = "Square City ";
string public symbol = "SQTC";
Contract address: 0x7E58170E140b177189d9756E0bcEae967361C78b
Our roadmap for SQCT includes implementing the token into the Square City app, as well as its adoption by other companies in the tourism sector. We are also planning to develop additional features for the app, such as integrations with other tourism platforms and gamification features to increase user engagement.
Disclaimer : Risks and Regulatory Considerations of Token on Polygon Network
Before using any token on the Polygon network, it is crucial to be aware of the risks involved, as well as regulatory considerations. Although Polygon offers a scalability platform and a wide range of decentralized applications (dApps), it is important to take proper precautions to protect your assets and comply with applicable laws.
Volatility and Market Risks: Tokens on the Polygon network, like any other cryptocurrency, are subject to volatility and price fluctuations. Investors should be aware that token values can vary significantly in a short period, resulting in substantial financial losses. It is recommended to conduct thorough research and seek professional financial advice before investing in any token.
Security Risks: While Polygon has a good reputation in the crypto space, it is essential to understand that no system is entirely immune to security breaches. Hackers may seek to exploit vulnerabilities in smart contracts, digital wallets, and other token-related infrastructures. Therefore, it is crucial to take proper security precautions, such as using cold wallets and not sharing your private key information with third parties.
Regulations and Compliance: As cryptocurrencies and tokens gain popularity, governments and regulatory authorities are working to develop clear regulatory frameworks. It is important to note that the regulatory status of tokens on the Polygon network and the enforcement of laws may vary by country. Before using or investing in tokens, it is necessary to understand local laws related to cryptocurrencies and digital tokens. Non-compliance may result in significant legal and financial penalties.
Low-Quality Projects and Scams: The Polygon network hosts a variety of projects and tokens, but not all of them are legitimate or trustworthy. There are risks associated with fraudulent projects, scams, and tokens with no real value. It is important to conduct thorough due diligence before getting involved with any token or project on the Polygon network. Research the team behind the project, their history, transparency of operations, and community feedback before making any investment decisions.