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Key Points
- TITAN is the community token of TITANDAO, created by IRON Finance.
- IRON Finance’s original founders renounced ownership of TITAN in June 2021.
- Mark Cuban invested and lost $10 million in IRON Finance.
- TITANVERSE is a digital reality centered around TITAN, including NFTs, DeFi, games, and more.
- TITAN is the official currency of the TITANVERSE.
- Total supply of TITAN is capped at 35 trillion.
- TITANDAO community is burning TITAN to make it def
Introducing IRON Titanium Token: A New Era in Cryptocurrency
Introducing TITAN: A Revolutionary Force in the Cryptocurrency Realm
In June 2021, the IRON Titanium token (TITAN) was adopted as the community token of TITANDAO, following a pivotal event in which its original creators, IRON Finance, relinquished ownership of TITAN via a public announcement on Twitter, subsequent to the protocol’s experience of a devastating bank run.
Why TITAN Stands Out as a Truly Unique Community Token
TITAN was conceived by IRON Finance, a protocol that garnered widespread attention when it was disclosed that American billionaire entrepreneur Mark Cuban had invested and subsequently lost $10 million due to a bank run. As one of the initial liquidity providers, Cuban was at the receiving end of public ridicule in June 2021 when the TITAN coin plummeted from $60 to near zero in a matter of hours. The memes spawned from this incident have become a resounding success within the TITAN community, with Cuban’s memes even being immortalized as NFTs in the TITAN Punkz NFT collection.
Why Savvy Investors Opt for a Long-Term Hold on TITAN?
The TITANDAO community is forging the TITANVERSE, a immersive digital realm revolving around TITAN, encompassing a diverse array of NFTs, decentralized finance (DeFi) solutions, engaging games, exclusive merchandise, and a multitude of other exciting features. TITAN serves as the official medium of exchange within the TITANVERSE. The various TITAN Legions (communities) collaboratively building the TITANVERSE can be accessed through their dedicated Discord Channel.
TITAN boasts a distinctive characteristic: its total supply has been fully minted and capped at a fixed 35 trillion. Notably, the TITANDAO community is actively reducing the circulating supply of TITAN through a burning process, rendering it deflationary. As the TITANDAO community continues to expand and develop the TITANVERSE, even more TITAN will be burned, further solidifying its deflationary nature.
Acquiring TITAN: A Comprehensive Guide to Exchanges and Marketplaces
Currently, IRON Titanium Token is actively traded on prominent exchanges, including QuickSwap, Dfyn Network, SushiSwap (Polygon), MEXC, BKEX, and Hoo.
New to the world of cryptocurrency? Discover how to seamlessly enter the market and acquire BTC, TITAN, or any other token that piques your interest. Explore the details
here
.
Related Developments:
The Genesis of the TITANDAO Community: A Story of Unity and Innovation.
The CryptoPotato Narrative on TITANDAO.
To delve deeper into the IRON Finance bank run phenomenon.