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About 12Ships
Key Points
- Launched in 2019
- Mission: generate stable profits and innovate blockchain space
- Founders: Ahn Michael and Min Young Hoon
- Registered in Singapore, headquartered in South Korea
- Qianjie Zhao: director of 12Ships Foundation
- Peng Zhao: CTO at 12Ships and Vancores
- Duncan Chen: chief hardware architect
- Chase Wang: chief software architect
Products and Services
- ASICs: specialized crypto mining hardware
About 12Ships
12Ships is a pioneering digital asset management firm that specializes in providing bespoke investment solutions to institutional investors, family offices, and high net worth individuals seeking to tap into the vast potential of the digital asset class.
Introducing 12Ships (TSHP): A Comprehensive Overview
In 2019, 12Ships (TSHP) embarked on a mission to harness the transformative power of blockchain technology, driving the Fourth Industrial Revolution forward. The company’s overarching goal is to generate stable profits while pioneering innovation in the blockchain space, achieved through the development of cutting-edge smart mining solutions built upon eco-friendly mining infrastructure, powered by 12Ships’ high-performance mining machine.
The company strives to broaden the utility of TSHP tokens, fostering a secure, efficient, and lucrative ecosystem for gaming and e-commerce, while establishing a globally accessible platform anchored on robust blockchain infrastructure.
The Visionaries Behind 12Ships: Unveiling the Founding Team
12Ships (TSHP) is proudly backed by Twelveships Foundation Ltd., a pioneering endeavour founded by visionary entrepreneurs Ahn Michael and Min Young Hoon in March 2018. With its registration in Singapore and headquarters in South Korea, the company is poised for success.
Qianjie Zhao, a seasoned blockchain enthusiast, currently serves as the director of 12Ships Foundation. Notably, he has been an advisor to FBG Group since 2019 and co-founded Vancores, where he assumed the role of CEO. Following the acquisition of 12Ships by Vancores in April 2020, Zhao’s influence in the blockchain sphere continued to grow. His journey in the blockchain space began in 2014, when he took on the role of marketing director at BTCChina. Additionally, he played a pivotal role in BTCChina’s mining pool, which, at its peak, ranked among the largest Bitcoin (BTC) mining pools globally.
Peng Zhao, a seasoned veteran with 15 years of experience in IC research and development (R&D), currently serves as Chief Technical Officer (CTO) at both 12Ships and Vancores.
At the helm of 12Ships’ hardware architecture is Duncan Chen, a seasoned expert boasting over 16 years of experience in designing and managing consumer electronics and industrial automation hardware.
Chase Wang, a seasoned expert in blockchain and cryptocurrency mining, serves as the chief software architect at the company. Notably, Wang’s impressive background includes a stint as the tech director of BTCChina Pool, prior to his tenure at 12Ships and Vancores.
Unveiling the Unparalleled Excellence of 12Ships
The primary objective of 12Ships (TSHP) is to streamline the blockchain investment process by furnishing a lucrative and secure infrastructure for cryptocurrency mining. The 12Ships team has engineered high-performance equipment for dependable data storage and developed sophisticated software to ensure seamless operation. Furthermore, it provides transparent mining pools to platform users, fostering a secure and reliable environment for cryptocurrency enthusiasts.
The company’s offerings encompass:
- ASICs. These specialized crypto mining hardware solutions leverage low-voltage technologies to facilitate multi-algorithm mining, promising exceptional performance while minimizing energy consumption.
- Immersion Cooling System. Boasting a 100-fold increase in efficiency compared to traditional air-cooling methods, this innovative system significantly reduces energy expenditure.
- Hansando. Situated in South Korea, this Bitcoin (BTC) mining pool prioritizes fairness, transparency, and user-friendliness, with its technology centered around the “3S” principles: smart monitoring, smart contracts, and smart voting.
- Hashchain. This open blockchain network employs a proof-of-work (PoW) system, ensuring an exceptionally high level of security and integrity.
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What Is the Total Circulating Supply of 12Ships (TSHP) Coins?
12Ships (TSHP) is an ERC-20 token operating on the Ethereum (ETH) blockchain, boasting a capped supply of 5 billion coins. The allocation of TSHP is structured as follows:
- A 10% allocation to the team
- A further 10% designated for advisors and partners
- A substantial 32% reserved for sales
- A 28% allocation to the reserve
- A 20% allocation dedicated to the 12Ships ecosystem
TSHP serves as a utility token, facilitating Hashchain services in a manner analogous to gas fees on other blockchain networks. Notably, Hashchain’s mining algorithm bears a resemblance to Ethereum’s, wherein users compensate the network’s miners for executing transactions on the Hashchain.
TSHP token holders are also granted a voice in shaping the future of Hansando, as they are empowered to participate in voting and thereby influence the ecosystem’s development trajectory.
The 12Ships Network’s Security Framework: A Robust Defense Mechanism
12Ships (TSHP) is built upon the Ethereum (ETH) blockchain, where all operations are governed and overseen by robust smart contracts. Notably, in 2019, the company successfully underwent a rigorous audit by CertiK, a comprehensive examination aimed at identifying potential issues and vulnerabilities within the source code of 12Ships’ smart contracts.
Enhanced security is afforded by Haschchain, which leverages a robust Proof of Work (PoW) mechanism, facilitating seamless verification and effectively preventing tampering. By utilizing Haschchain, critical data can be reliably recorded, stored, and verified, while minimizing the risks of data transmission errors and hacking threats.
Where to Acquire 12Ships (TSHP) Tokens?
Notably, 12Ships (TSHP) has secured listings on prominent cryptocurrency exchanges, including Gate.io and Bittrex, further expanding its market presence.
Stay ahead of the curve with the CoinMarketCap mobile app, where you can monitor TSHP prices in real-time and make informed investment decisions on-the-go.
Stay abreast of the latest developments in the cryptocurrency sphere with CoinMarketCap’s blog, featuring timely industry news, event coverage, and key announcements.