On November 10, Ternoa - A NFT-Based Decentralized Data Transmission Blockchain did participate in the AMA with BinanciansVN to introduce their project.

“Ternoa is a layer 1 blockchain dedicated to secure data encryption and transmission through the use of NFTs and unique sending protocols. We are known for our Time Capsules, but have an unlimited amount of use cases available with our technology.”

Let's check the recap to see what interesting things Mickaël Canu - CEO & Founder of Ternoa has brought to us.

1. What is the real essence of your project?

Mickaël Canu

As I mentioned, Ternoa is a layer 1 blockchain dedicated to secure data encryption and transmission through the use of NFTs and unique sending protocols.

What does this mean? Our blockchain encrypted NFTs, adding extra security as well as the ability to store data within an NFT for the long-term. Then adds the option of sending protocols, meaning the user can send this NFT, with private data within to whomever, whenever they please, even after their death!

After creating this idea, I found that this technology doesn’t have to be only for the general public’s use, but can also be used to create numerous DApps for businesses, games or crypto oriented use cases.

Even celebrities or artists can create a Ternoa NFT, add exclusive songs or art within and then sell it to their fans! Our goal is to bring our decentralized blockchain solution to the real world problem of the lack of secure, long-term data storage and transmission!...

2. As I know "Ternoa" puts this personal data (photos, videos, important documents etc.) into a "Time Capsules". How does a time capsule work? How should we understand this?

Mickaël Canu

Once our mainnet launches in Q1 2022, we will be releasing our Time Capsule mobile app (we recently teased on our Twitter), which will be extremely user friendly and allow people of all ages, and all backgrounds (not just crypto) to be able to create a time capsule, add their private data like photos, documents, wallet keys etc., then choose a recipient and a sending protocol.

We have 5 different options for sending:

1. The Death Protocol for postmortem transmission;
2. The Consent Protocol for a transmission based on the principle of activation of opening by third parties and non-opposition by the sender;
3. The Countdown Protocol for setting a countdown before the time capsules is sent out;
4. The Safe Protocol to store searchable information in the form of a digital safe; and
5. The D-Day Protocol to store and send data on a specified date

Ternoa time capsules are the first endless amounts of use cases that can be created on our blockchain! You can find more details on this and how our blockchain works in our white paper.

3. Can you tell us some of the latest achievements made by the #Ternoa ? Can you describe in detail the current development efforts, such as market expansion plans, expected applications & new upcoming program of events?

Mickaël Canu

In only 1 year, Ternoa has accomplished a lot! Including:

🌎 Growing a community of over 100k people

📲 A Wallet application released in July and installed by over 50k users

🚀 A Testnet launched in September used by 800+ developers

🖼 Over 65k NFT minted on our testnet

🌐 40+ Nodes installed in the world

🤝 50+ international partners supporting and investing in the project, including Mr. Beast, Master Ventures, Binance NFT, Elrond, Polygon and more!

This is just the beginning, we are pushing for more partnerships and finishing the final tests on testnet so that our blockchain is fully ready for mainnet launch in Q1 2022, very soon!...

4. Tell me a bit about tokenomics. Could you fill us in about what makes $CAPS an interesting project to hold? The reflection, of course, is always an appealing source of passive gains. What else makes it interesting?

Mickaël Canu

Yes!

$CAPS is originally an ERC20 token, and was listed on May 28th this year on Gate.io and Uniswap at the price of $0.014 per token. Since its start, the token is now listed on PancakeSwap, ApeSwap, Beefy, AscendEX, Zapper, Just Mining and Raydium, and is now at $0.09.

It’s utility is being the key to our blockchain governance for creating time capsules/SecretNFTs and making the Ternoa universe flow. It also is a commodity, with a fixed supply of 2,5 billion tokens. The more users use our blockchain, the less CAPS will be available, increasing its value.

If you’d like to buy CAPS, head over to our website for the direct links!

We also have staking, high APRs and farming options on Apeswap, Ascendex, Beefy, Just Mining, Pancakeswap and Uniswap! With bridges to BSC and SPL 🔥

We just announced that we will be farming on Cropper as well!

5. TERNOA currently resides in the Polkadot network. But, do you have plans to expand to other networks like Solana, BSC, ETH, etc? The integration of a bridge in different chains is very useful for investors and their assets in terms of cost reduction in rates.

Mickaël Canu

Yes! As I mentioned, we have created a CAPS bridge for BSC and SPL, and soon Polygon as well. We have also been working with Elrond and Polygon on an NFT bridge! You can test out our current bridges here: https://bridge.ternoa.com/

And we are not stopping there, we chose to build on Polkadot to increase our ability of interoperability between other important ecosystems, since our technology can be applied anywhere ...

6. PARTNERSHIP is an important factor for every project. Could you name some of Structure finance's partners? What are the benefits that you get from them? And is there any partnership that will be established in the near future?

Mickaël Canu

We currently have over 10 large partnerships with investment funds like Master Ventures, GD10 Ventures, CoinGecko etc.

And over 30 partnerships with known international influencers like Mr. Beast, Romain Lanery, Ash WSB. We also have even done collaborations with Binance NFT Marketplace, MMA Factory, and of course Elrond as well

In terms of partnerships using our blockchain, we have already over 10 different companies ready to launch their own DApps, including Syment - a meeting solution for real estate owners using our NFTs to safeguard their meeting minutes, MMA Factory and known fighter Cyril Gane who wants to create MMA specific NFT collections and marketplace. Even known artists and celebrities are coming on board.

Make sure to follow our Twitter, we will be announcing a new partner very soon, it will be big 🔥 https://twitter.com/Ternoa_

7. Are you planning to promote your project in countries / regions where English is not good? Do you have a local community for them to better understand your project?

Mickaël Canu

Yes, building an international community is extremely important to us. We have already started language-based communities for French, Spanish, Chinese and so on, you can see their channels here:

🇨🇳 Chinese: https://twitter.com/Ternoa_Chinese 🇫🇷 French: https://t.me/ternoadiscussions 🇪🇸 Spanish: https://t.me/TernoaES 🇹🇷 Turkish: https://t.me/Ternoa_TR

We are looking into ways to expand these efforts in pushing news about Ternoa in different languages. Be sure to join our English telegram https://t.me/ternoa to stay up to date on any new community...

8. What advantages #Ternoa have to stand out from other similar projects? And I’m a developer, and I’m interested in contributing to #Ternoa project alongsides earning, Do you have any Bug Bounty to check for vulnerabilities ?

Mickaël Canu

In today’s world, data storage and transmission is limited to low-security, invasive solutions like iCloud, Dropbox and more. Ternoa offers a decentralized, max security solution for all users, with no intermediaries.

Not only that, but our technology can be used for so much more than time capsules for the general public! It can be applied to any use case relating to NFTs transmitting data. We actually have created a Grant Program, helping developers develop use case ideas on our blockchain. You can see more information here.

And our blockchain is now on testnet, meaning users can test out our current features of launching nodes, nft marketplaces and minting NFTs. Soon we will also allow testing on our sending protocols! If you are interested in testing out go here: https://www.ternoa.com/testnet

We are looking into launching a bounty program as well. Stay tuned for that!

In the live questions section, Mickaël Canu did answer several short questions from the BinanciansVN community.

1. So many projects just like to speak about the "long term vision and mission" but what are your short term objectives? What are you focusing on right now?

Mickaël Canu

Right now we are focusing on developing our testnet, perfecting our blockchain technology and user experience so that we are fully prepared for our Mainnet launch in Q1 2022 🚀

This means we are building as many impactful partnerships, as well as hiring more developers on our dev team. If you are interested in helping us build towards mainnet, feel free to apply to our current jobs here: https://capsulecorp.teamtailor.com/

On top of partnerships creating use cases on our blockchain, we are also pushing our Grant program, where community members create their own use cases on the Ternoa Blockchain. Make sure to check that out! We love hearing new ideas - https://youtu.be/C3i76q7htjY

2. Can you tell us about your team members? Are they qualified and professional in their fields? What are the recruiting qualifications for team members for your extraordinary project? Is your project listed on Coingecko and coinmarketcap or not?

Mickaël Canu

Our team has grown from 5 to over 40 collaborators in just a few months time, and is filled with international, well-experienced professionals all working together to bring Ternoa’s vision to all corners of the world! You can check out our members here: https://www.ternoa.com/en/team

As I mentioned in the previous response, check out our career page and linkedin (http://bit.ly/TernoaLinkedin) to see the qualifications we are looking for 🙂 Thanks for your interest!

And Ternoa is on both CMC and coingecko 🙂 Here are the links: CMC - https://coinmarketcap.com/currencies/ternoa/ CoinGecko - https://www.coingecko.com/en/coins/ternoa

3. Have you been audited ? Have not heard you talk about that the security of funds is what every investor craves for and plans to escape incase of insecurity if funds,scams and rug pulls ? How strongly built are your security put in place?

Mickaël Canu

Our project also has been previously audited and our token was validated in early February by the world famous Certik Foundation. Also, the Ternoa blockchain is based on the Substrate framework and the Polkadot Blockchain, which allows another important layer of security.

The Ternoa Blockchain is built off of substrate, adding an extra level of security. PLUS the blockchain encrypted NFTs holding private data by using Shamir Secret Sharing, which breaks down the key to the NFT into shares, spreading them throughout thousands of intel SGX enclaves. Only the chosen recipient has the power to retrieve all of the shares of the key to unlock the NFT and find the secrets within. We are always looking for the best security options for our users.

4. Can you briefly describe your PARTNERSHIP so far and upcoming partnerships?

Mickaël Canu

We currently have over 10 large partnerships with investment funds like Master Ventures, GD10 Ventures, CoinGecko etc. And over 30 partnerships with known international influencers like Mr. Beast, Romain Lanery, Ash WSB. We have even done collaborations with Binance NFT Marketplace, we have made an NFT bridge with Elrond etc.

We are always looking for more partners for our blockchain, but more importantly, partners that want to create use cases with our technology!

At the moment we have partnered with notaries to offer their clients post-mortem data transmission options.

We have also partnered with MMA Factory and Cryil Gane, working with us to create unique MMA NFTs as well as their own marketplace.

We currently have over 10 other companies working with us to create their own use cases, we even have some celebrities 😉 Unfortunately I can’t spoil any yet, but we will announce some soon! Be sure to follow twitter to know when we announce a new partnership - https://twitter.com/Ternoa_

Our current partnerships show how unlimited the use cases are, for example even artists can sell NFTs with exclusive songs or merch within, we are excited to see what will come next!

5. Can you List 1-3 Killer features of your PROJECT that makes it ahead of Competitors? What are the Competitive advantages of your platform? What do you feel most confident about?

Mickaël Canu

In today’s world, the option to have sole proprietorship, complete privacy, control, and high security on long-term data storage is almost non-existent. For example with iCloud, the government has the right to browse through your data, or even permanently delete it if they please. This is where Ternoa comes in!

Our goal is to apply to not only the crypto world with our blockchain ecosystem and $CAPS token, but to the general public and even companies and governments as well. We want to give the opportunity for each person that connects to the internet to be able to store and transmit their desired information in a highly secure and stable manner, as well as combine the crypto/blockchain world with general/real world use cases.

And in terms of killer features, I would say our security measures allowing privacy, our unique sending protocols, along with the blockchain’s ability to allow unlimited types of DApps to be created.

6. Is your platform global or is there any restriction to certain regions?

Mickaël Canu

Our company is global 🙂 We are working very hard at touching all corners of the globe, allowing our solution to apply to everyone. So far, we have made numerous international partnerships with different influencers, medias, VCs, and have also created language-based communities:

🇨🇳 Chinese: https://twitter.com/Ternoa_Chinese 🇬🇧 English: t.me/ternoa 🇫🇷 French: https://t.me/ternoadiscussions 🇪🇸 Spanish: https://twitter.com/Ternoa_Spanish 🇹🇷 Turkish: https://twitter.com/Ternoa_Turkish

We are looking into doing a Vietnamese community in the future as well!

7. Where can I get all the latest news about ? Do you have a Twitter/Telegram/Discord community? If yes can you share the link here because there are a lot of fake telegram/twitter groups?

Mickaël Canu

📲 Follow our media channels! We post daily project and $CAPS updates, collaborations with our partners, hold contests, giveaways and more 🚀

Twitter: https://twitter.com/Ternoa_ Telegram: https://t.me/ternoa
LinkedIn: http://bit.ly/TernoaLinkedin Youtube: http://bit.ly/TernoaYoutube

We just started our own Twitch as well if any of you enjoy watching lives: https://www.twitch.tv/ternoatv

About Ternoa

Website | Twitter | Telegram | Medium