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The Crypto Prophecies Stock

The Crypto Prophecies

TCP

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The Crypto Prophecies Whitepaper

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Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
GateTCP/USDT00012,901.220cex1
Gate.ioTCP/ETH00000cex1
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The Crypto Prophecies FAQ

What is the current circulation of TCP tokens?

The total supply of The Crypto Prophecies (TCP) tokens is 250,000,000, with approximately 8% in circulation at the time of launch. The remaining tokens are subject to vesting schedules that extend over a period of five years.

Who are the founders of The Crypto Prophecies game?

The Crypto Prophecies is the creation of Paul Lindsell, Philipe Comini, and Sergey Sudakov, who possess extensive expertise in gaming, product design, and programming.

Where can I purchase TCP tokens?

TCP tokens are available for trading on an increasing number of exchanges, both with cryptocurrencies and stablecoins.

### What is The Crypto Prophecies? The Crypto Prophecies is a cryptocurrency that is known within the digital assets community. For detailed information regarding its price, market capitalization, and other relevant statistics, refer to Eulerpool.

The Crypto Prophecies is an innovative decentralized peer-to-peer price prediction game that merges the excitement of financial markets with the captivating realm of non-fungible tokens (NFTs). Launched in 2021, this platform enables players to use NFT characters, known as Crypto Prophets, along with magical items to forecast the closing prices of cryptocurrency candles in a competitive environment. Participants engage in battles by wagering the native token, TCP, on their predictions. The game offers a distinctive fusion of gaming and trading, where the outcome of each battle relies on players' skill in accurately predicting market movements. The integration of NFTs introduces a collectible component, as characters and items differ in rarity and can be traded. These NFTs can be obtained within the game or through external NFT marketplaces. TCP tokens have multiple roles within the ecosystem. They are utilized for wagers in all game modes, purchasing characters and items, paying Kingdom fees, contributing to the daily prize pool for rewards, securing leaderboard prizes, accessing time-limited events, and participating in platform governance through voting. At its inception, The Crypto Prophecies had a total supply of 250 million TCP tokens, with approximately 8% made available at launch. The distribution of the remaining tokens is planned over a five-year period, ensuring a gradual release into the market. The project was founded by Paul Lindsell, Philipe Comini, and Sergey Sudakov, who combined their extensive expertise in gaming, product design, and programming to create a distinctive gaming experience within the crypto space. For those interested in participating, TCP tokens can be acquired on various cryptocurrency exchanges, providing the opportunity to trade against other cryptocurrencies and stablecoins. As with any investment in the crypto sector, it is important to conduct thorough research and consider the associated risks.

What measures are in place to ensure the security of The Crypto Prophecies?

The security of The Crypto Prophecies, a decentralized peer-to-peer price prediction game featuring NFT characters and magic items, is comprehensive, incorporating multiple layers of protection to safeguard the platform and its users. The game utilizes encryption, smart contracts, and two-factor authentication as key security measures. Encryption ensures that data transferred between players and the game servers is protected against unauthorized access. Smart contracts, which are self-executing contracts with the terms of the agreement directly embedded in code, offer a secure and transparent way to facilitate and verify transactions without the need for a central authority. Two-factor authentication enhances security by requiring users to provide two different forms of identification before accessing their accounts. Additionally, The Crypto Prophecies is committed to the use of proven and audited technology and best practices. This commitment includes employing physical and electronic safeguards to defend against potential security breaches. However, it is important to recognize that no system can guarantee complete security, especially when third-party vendors are involved, and given the experimental nature of blockchain projects. Furthermore, while blockchain transactions provide a certain level of privacy, they are not always completely anonymous, and there is a risk of fraud in online and metaverse identities. It is also vital for users to conduct their own research and exercise caution when engaging with any cryptocurrency project, including The Crypto Prophecies. The game's native token, TCP, is integral to the game's ecosystem, being used for wagers, purchasing characters and items, paying Kingdom fees, and participating in various rewards and governance activities. With a total supply of 250,000,000 TCP tokens and approximately 8% in circulation at launch, the project has established a clear vesting schedule over five years for the remaining tokens. The founders of The Crypto Prophecies, Paul Lindsell, Philipe Comini, and Sergey Sudakov, bring extensive experience in gaming, product design, and programming to the project, aiming to create a secure and engaging platform for users. As the game continues to expand, it is available for trading on an increasing number of exchanges, offering various opportunities for participants to engage with the TCP tokens.

What will be the utilization of The Crypto Prophecies?

The Crypto Prophecies functions as a decentralized, peer-to-peer platform focused on price prediction, offering users a distinctive combination of gaming and financial forecasting. At the heart of the platform, participants can engage in direct competitions, utilizing their skills to predict cryptocurrency price movements. The platform features the native token, TCP, which players use to access various game modes, each crafted to challenge their predictive abilities in a competitive setting. Participants not only rely on their predictive skills but also employ NFT-based characters and magical items, which introduce a strategic and personalized element to the gameplay. These digital assets are crucial to gameplay and signify ownership and investment within the ecosystem. The acquisition of characters and items, along with payment for in-game fees and access to exclusive events, is facilitated through TCP tokens, highlighting their utility on the platform. Additionally, The Crypto Prophecies prioritizes community and governance by allowing token holders to engage in decision-making processes. This democratic approach ensures the platform evolves in line with the preferences and interests of its users. The circulation of TCP tokens is meticulously managed, with a total supply of 250 million tokens. An initial fraction is made available to ensure a gradual market introduction, aimed at fostering stability and growth within the ecosystem. The Crypto Prophecies is backed by a team of experienced professionals from the gaming, design, and programming sectors who bring a wealth of expertise and innovation to the platform. Their collective vision has culminated in a platform that combines the excitement of gaming with the speculative nature of cryptocurrency markets, providing a unique experience for participants. For those interested in exploring this fusion of gaming and finance, TCP tokens are available on various exchanges, facilitating entry into The Crypto Prophecies ecosystem. As with any investment, potential participants are encouraged to perform comprehensive research, taking into account the inherent risks and opportunities within the cryptocurrency landscape.

What have been the significant events for The Crypto Prophecies?

The Crypto Prophecies has achieved several significant milestones since its inception, demonstrating its growth in the blockchain gaming sector. The project initially gained attention with the release of its whitepaper on April 9, 2021, which outlined the foundational vision, mechanics, and economic model of the game. This document was essential for potential players and investors to understand the game's objectives and its integration of blockchain technology and NFTs into core gameplay. Following the whitepaper, the launch of the official website provided a platform for the community to stay informed about news, developments, and access to the game itself. It functioned as a central hub for information, including detailed lore and character designs, which are crucial for the game's immersive experience. These characters, known as Crypto Prophets, are central to the gameplay, allowing players to engage in decentralized peer-to-peer price prediction battles using these NFTs. The game uses its native token, TCP, for various in-game transactions and activities. Players utilize TCP tokens to wager in all game modes, purchase characters and items, pay Kingdom fees, and participate in daily prize pools for rewards. Additionally, TCP tokens provide access to time-limited events, platform governance, and voting, emphasizing the project's commitment to a decentralized, community-driven gaming experience. At its launch, The Crypto Prophecies announced a total supply of 250,000,000 TCP tokens, with approximately 8% initially in circulation. The strategic release of these tokens over a five-year vesting schedule is designed to support the game's long-term growth and sustainability. The project was founded by Paul Lindsell, Philipe Comini, and Sergey Sudakov, who combined their extensive experience in gaming, product design, and programming to create a unique blockchain-based game. Their collective expertise has been crucial in navigating the complexities of integrating blockchain technology with engaging gameplay. For those interested in engaging with The Crypto Prophecies, TCP tokens are available for trading on a growing number of exchanges, allowing both players and investors to participate in the game and its ecosystem. This accessibility is vital for expanding the game's reach and fostering a vibrant player community. In conclusion, The Crypto Prophecies has made substantial progress in developing a decentralized peer-to-peer price prediction game that leverages the unique capabilities of blockchain technology and NFTs. Through strategic releases, community engagement, and a clear vision, the project has established a solid foundation for future growth. As with any investment in cryptocurrencies or blockchain projects, individuals are encouraged to conduct their own research to fully understand the risks and opportunities involved. For more information, you can find details on Eulerpool.

Investors interested in The Crypto Prophecies are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.