Troy

What is the Token?

TROY operates as a global prime broker specializing in crypto trading and asset management. It offers crypto brokerage services for institutional-grade capital and professional traders, incorporating revolutionary trading products. These services aim to facilitate the efficient circulation of cryptocurrencies globally, including spot & margin trading, derivatives, data, custody, lending, and staking in one account.

Tokenomics

• Total Token Supply

• : 10,000,000,000 TROY.

• Circulating Supply

• : Approximately 8.62 billion TROY.

Market Data

As of today #{today’s date}, the price of Troy is ₹0.15 INR or 0.00166 USD, with a 24-hour trading volume of 1480495.21 USD. The market capitalisation for Troy is 14331066.43USD. The circulating supply is 8625000000 Troy, with the total supply also being 10000000000 Troy.

Token Pros and Cons

Pros

• Comprehensive Services

• : Offers a wide range of services including trading, asset management, and brokerage services.

• Institutional Focus

• : Tailored services for institutional-grade capital and professional traders.

• Global Reach

• : Aims for the efficient circulation of cryptocurrencies globally.

• Innovative Products

• : Incorporates revolutionary trading products in its ecosystem.

• Community and Ecosystem

• : Engages with its community through airdrops and has a clear ecosystem vision.

Cons

• Market Volatility

• : As with all cryptocurrencies, TROY is subject to high market volatility.

• Regulatory Risks

• : Faces potential regulatory challenges in various jurisdictions.

• Competition

• : Operates in a highly competitive space with numerous other crypto brokerage services.

• Adoption Rates

• : Success heavily depends on adoption rates among institutional and professional traders.

• Technical Risks

• : Potential for technical issues or security vulnerabilities within the platform or associated products.

Why Should You Invest in the Coin?

• Diverse Services

• : Offers a broad spectrum of crypto financial services in one platform.

• Institutional and Professional Focus

• : Tailored solutions for high-level trading and asset management.

• Global Ambitions

• : Aims to facilitate global cryptocurrency circulation efficiently.

• Community Engagement

• : Actively engages with its community, offering incentives like airdrops.

• Innovative Approach

• : Continuously developing revolutionary trading products.

USP of the Coin

• One-Stop Solution

• : Provides a comprehensive suite of services, including trading, asset management, and brokerage.

• Institutional-Grade Services

• : Specifically designed for institutional clients and professional traders.

• Global Prime Broker

• : Aims to be a leading global prime broker in the crypto space.

Problem the Coin is Solving

TROY addresses the need for a comprehensive, institutional-grade prime brokerage service in the cryptocurrency space, offering a wide range of trading and asset management services to facilitate the efficient global circulation of cryptocurrencies.

Founder and Team Background

• Shihao (Kira) Sun, co-founder of TROY, a prime brokerage specializing in crypto trading and asset management, has a rich background in finance and blockchain. An alumna of Peking University and holder of a Tsinghua-MIT Global MBA, Sun’s expertise spans various financial sectors.

• Under his leadership, TROY offers a suite of services, including trading, data, custody, and more, all aimed at simplifying the crypto trading landscape for institutional players. Sun’s vision for TROY is to be a transformative force in the cryptocurrency brokerage space, leveraging his team’s global experience from prestigious institutions.

• The TROY team comprises seasoned professionals with extensive experience from leading financial and technology institutions such as Credit Suisse, CITIC Group, Huobi, OKEX, and MIT. Their collective expertise spans traditional finance, blockchain technology, and cryptocurrency markets, positioning TROY to innovate and excel in the crypto prime brokerage sector.

ICO Price

• ICO Price

• : $0.005 - $0.007.

• Listing Date

• : December 3-4, 2019.

• Initial Allocated Units

• : 800,000,000 - 1,200,000,000 TROY.

Risks Associated in Investing in the Coin

• Market Volatility

• : High volatility in the crypto market can affect TROY’s price.

• Regulatory Uncertainty

• : Changes in regulations could impact TROY’s operations.

• Technical and Security Risks

• : Potential vulnerabilities could compromise assets.

• Competition

• : Intense competition in the crypto brokerage space.

• Adoption and Growth

• : The platform’s success depends on user adoption and growth.

Whitepaper Insights

The TROY whitepaper outlines the foundation and strategic vision of TROY Trade, a global prime brokerage specializing in crypto trading and asset management. TROY aims to redefine trading beyond traditional exchanges by providing comprehensive brokerage services for institutional clients and professional traders.

Background and Mission

TROY’s mission is to facilitate the growth of cryptocurrency markets by offering revolutionary products and services that address the needs of institutional and professional traders. This includes spot and margin trading, derivatives, data services, custody, lending, and staking in one account.

Tokenomics

TROY has a total token supply of 10 billion TROY tokens. The project raised $4 million during its Launchpad Hard Cap and has a detailed financial overview indicating a total raised amount of $12.4 million across different fundraising stages. The ICO price was set at $0.005.

Technology and Services

The whitepaper likely details TROY’s technological infrastructure, including its use of smart contracts and potential applications in blockchain. TROY’s platform is designed to offer a seamless trading experience focusing on security, efficiency, and scalability.

Market Position and Strategy

TROY positions itself as the first prime brokerage in the cryptocurrency space, aiming to solve existing challenges in the market, such as settlement procedures and managed services. The platform seeks to leverage the extensive global experience of its team members from prestigious institutions to create sustainable value.

Future Developments

TROY Trade is set to upgrade to Troy Trade 2.0, aiming to expand its services and introduce new features such as cross-market arbitrage and trend-tracking strategies. This upgrade is part of TROY’s commitment to continuous improvement and innovation.

Community and Ecosystem

TROY actively engages with its community through initiatives like token airdrops and promotions. The platform’s revenue model centers around trading commissions, fees for settlement, custody services, and value-added brokerage services.

The TROY whitepaper comprehensively overviews the project’s vision, technology, market strategy, and tokenomics. It emphasizes TROY’s role in addressing the needs of institutional and professional traders in the cryptocurrency market, focusing on innovation, security, and community engagement.