Tycoon Limited generates capital through the selling of TycoonCoin© tokens and once this capital is raised, it is allocated to Income Generating Activities (IGA) (crypto lending (lending cash with cryptocurrency as collateral) and crypto mining).
A portion of income generated will be allocated to buy back TycoonCoin©, thus taking them out of circulation, which in turn, will reduce supply, leaving fewer TycoonCoin© circulating in the market as time passes. Due to the limited supply, demand for TycoonCoin© will naturally increase as the coins are burnt and removed from the market and the underlying price of the token will reflect these market forces.
In essence, the business model behind TycoonCoin© aims to protect the token from market downturns and incentives investors to hold the token. Total supply will be capped at 219,172,838 TycoonCoin©.
The TycoonCoin© team is diverse and is comprised of professionals from the finance, technology, software development, digital marketing and cryptocurrency mining sectors. This unique blend of individuals and their respective industry knowledge differentiates TycoonCoin© from other tokens and cryptocurrencies currently circulating. Furthermore, the team will spend a considerable amount of time and resources actively marketing TycoonCoin© pre & post ICO.