Tiger Cash (TCH) is a platform token issued by the CoinTiger exchange, which is a decentralized blockchain digital asset based on Ethereum. It was officially launched on November 15, 2017, with a total supply of 1.05 billion and 700 million in circulation. Since launch, 50 million TCH have been bought back from the secondary market and burned. Currently, there are a total of 1 billion TCH, which can be viewed through blockchain browser.
CoinTiger Equity Granted to TigerCash(TCH) Holders, CoinTiger will allocate no less than 50% of net profit to all TCH holders every year while cancelling the previous mechanism of “using 50% of profit to buyback and burn TCH”. After the implementation of the new rules, users who hold more than 1% of the total TCH (10 million TCH) may apply for CoinTiger Singapore Company shareholder change registration.
Total Circulation: 1 billion (Originally 1.05 billion, 20 million and 30 million was bought back and burned respectively on April 14 and July 17, 2018)
Current Circulation: 0.7 billion
Private offering price: 1BTC=150,000TCH
TCH in lock-up and circulation:
Holders
Ratio
Address
Description
Team
30%
0xc0ae5042e65edf2aeaeef2ada4b67150f303561b
Total of 12% unlocked, 18% (180M) remaining
Foundation
12%
0x19e25c0b73c6f4dcbed71f7cc76aed1de41d9437
12% (120M) is held by foundation. The foundation was agreed to extend the lock-up period from 5 years to 8 years, and the first unlock date was postponed to June 1, 2020