Ternion: Is a hybrid crypto exchange with a fiat gateway and integrated merchant services
Bridging the gap between traditional and decentralized finances
FOUNDER & CEO
Skilled trader with a broad experience in classical finance in the industry of banks, brokerages and financial planning. Trading on his own funds since the year of 2012 on the FX, Stock and Futures markets, the knowledge has expanded not only in terms of trading strategies but as well market making and dealing operations. With starting to learn about crypto currencies back in 2013 and beginning to fully investigate and devote himself to cryptocurrencies starting from beginning of 2017.
CEO OF TERNION CHINA
Gary Sum has been Chairman of Swiss Capital Group since 2006 - China’s top Swiss heritage multi-family office comprising groups of WOFE financial holding investment bank in China. Swiss banker for 25 years, Chinese Merchants Awardee, Ask Satoshi speaker and
author of the first publication at ICNNSP since 1993.
Gareth is an early adopter of cryptocurrencies and blockchain technology, having founded a specialized consulting business in the Netherlands. In 2017 Gareth has started working for Paragon, a business developing smart-contract seed-to-sale tracking. Gareth is also
the co-founder ChainSprout, a leading crypto marketing and branding firm. Gareth holds a BSc. International Finance & Control.
an is a serial entrepreneur, investor and consultant with business experience from around the world. As a leading entrepreneur, Ian is on a personal mission to develop a culture of entrepreneurship, helping startups achieve their full potential as well as helping to expand existing companies. A leading expert in Bitcoin, Blockchain and Crypto industries, Ian is at the very heart of revolutionizing the financing industry across the globe and currently consults and advises for a range of multi-million dollar companies.
Jillian has held senior positions with global PR companies in Sydney, Singapore, London and Dublin. She was PRO of Iona Technologies (Ireland’s first company to float on NASDAQ). She changed the law in Ireland in 2014 and is a former European Parliamentary
candidate (as an independent). She is a freelance journalist with CryptoCoin.News, The Irish Independent and The Irish Times. She is advisor to a number of ICOs, has been named a Crypto Queen by In Zero Conferences as well as listed in the 50 most influential women in the global blockchain rollcall.
BLOCKCHAIN AND ICO ADVISOR
Arthur is the President & Co-Founder of ISBX, a market-leading blockchain and software development agency based in Los Angeles, with a team of over 60 technology professionals. He is also a writer for CoinTelegraph’s Expert Take section as well as Forbes
where he covers the topics of cryptocurrency and blockchain. He has participated as an Advisor and Investor to several ICO’s and has experience forging strategic partnerships. Prior to that he was a FINRA-licensed trader at Morgan Stanley and a VP at UBS
- Crowdsale (80%)
- Reserved for Ternion Team with Five-year Vesting (12%)
- Reserved for Ternion Advisory Board with one-year Vesting (5%)
- Reserved for Ternion Bug Bounty Program (3%)
- Ternion Liquidity Support (30%)
- Ternion Ecosystem Incorporation (15%)
- Ternion Exchange & Payments R&D (20%)
- Marketing & PR (35%)
Cost of the token1 token for 3.23 $
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What is an Initial Coin Offering (ICO)?
An Initial Coin Offering is a fundraising mechanism used primarily by blockchain-oriented companies to fund their development and growth efforts by selling cryptocurrency tokens, with contributors paying for the newly minted tokens with other cryptocurrencies or fiat money.
What is the Ternion token?
The Ternion is a hybrid digital asset that combines the risk-averse nature of a diversified investment vehicle with the reliable liquidity of a reserve currency.
Why was the Ternion created?
To build a reliable bridge between the current state of digital finance and the decentralized future that those involved in the blockchain space envision. The core competitive advantage behind Ternion is the respect for natural market forces that puts us at odds with our competition, as we strive to rise above the purely speculative nature of the cryptocurrency market today.
Do I risk anything by participating in an ICO?
When contributing to an Initial Coin Offering you should consider a variety of risks, both those common across all investment activities and those specific to cryptocurrency offerings. These include asset price volatility, falling short of projected ROI, unexpected government actions, blockchain delay issues, operational errors, token storage security concerns, and regulatory uncertainty. It’s important to weigh risks against the benefits of asset appreciation and profit potential when making the decision to participate in an Initial Coin Offering.
How many Ternion tokens will be available, and how will they be released?
The Ternion token is an ERC20-compliant, Ethereum-based token with smart contract support. This type of token is not minable, meaning that all tokens will be released during the Initial Coin Offering, with a total of 95,000,000 tokens released by the end of the public sale.
How is the price of Ternion tokens determined?
Throughout the Ternion Initial Coin Offering, the price of tokens is controlled by Ternion Ltd. Once all tokens have been released, they become freely tradable on the cryptocurrency market, and the price of Ternion is then determined by market activity, just as with any currency.
When will the ICO start, and how long will it last?
The ICO will consist of the Pre-Sale (Pre-A round till June 28) and a Public Token Sale that will have A, B and C rounds. Round A will take place from June 29 till August 29. Round B will take place from August 30 till October 30. Round C will take place from November 1 till December 30. For additional information about the rounds please refer to the whitepaper.
How will the gathered capital be used?
The capital will be used to fund the creation of the entire Ternion Ecosystem, including the Ternion Liquidity Fund, the Ternion Exchange, and Ternion Payments, with the latter two businesses serving as pillars supporting Ternion liquidity.
How does Ternion comply with government regulation?
The Ternion Ecosystem will follow standard Know Your Customer (KYC) and Anti-Money Laundering (AML) rules. The Ternion Exchange holds a European Crypto Trading License (№FVR000209).
What kind of security measures are in place to protect Ternion token users?
Ternion is a token built upon the Ethereum Network blockchain, which offers the benefits of an immutable distributed ledger coupled with smart contract functionality. What this means for the end user is that all records in the blockchain are permanent and thoroughly verified for authenticity, while smart contracts ensure that transactions happen exactly as agreed upon, preventing fraud.
How can I purchase Ternion tokens?
During the Ternion Public Sale, any individual located within geographic jurisdictions where they can legally participate in Initial Coin Offerings will be able to contribute and receive Ternion tokens in exchange for fiat or other cryptocurrencies such as Bitcoin and Ethereum. After the Ternion ICO is completed Ternion will be freely traded across numerous cryptocurrency exchanges, allowing for its purchase there.
Can I purchase Ternion using fiat money?
Contributors will be able to purchase Ternion tokens using BTC, ETH, BCH, LTC, and major fiat currencies according to the exchange rate against BTC on the date of the purchase.
Is there a minimum amount of Ternion that must be purchased to contribute? Or a maximum?
The minimum amount of TRN that must be purchased to contribute to the Ternion Initial Coin Offering will be specified on the Ternion website and in relevant publications throughout the duration of the ICO. For additional information please read the whitepaper. There will be no maximum limit for the purchases of TRN.
Ternion tokens are digital. Are they sold or licensed to users? Will I truly own my tokens?
Once you purchase Ternion in any amount, we create a secure cryptocurrency wallet specifically for you and transfer your tokens there. Your tokens become your property upon receipt, as you are the token holder. From that point on, the responsibility for the security of your assets falls on you, though we will do everything in our power to help contributors understand the measures necessary for keeping their wallets secure.
When and how can I see my Ternion token balance?
Ternion tokens are automatically sent to the purchaser’s wallet once payment is processed. At that point, as a token holder, you will be able to review your Ternion balance at any time by reviewing your wallet.
Is anyone prohibited from contributing to the Ternion Initial Coin Offering?
In accordance with our policies and corresponding national regulations, Ternion cannot be purchased by residents of the United States of America, the People’s Republic of China, and the Republic of Singapore.
What happens to Ternion tokens not sold during the Ternion Initial Coin Offering?
All unsold Ternion tokens will be burned.
Can I use exchanges to purchase Ternion tokens?
Ternion will not be available for trade during the Ternion ICO. We ask that all contributors use personal wallets instead of exchanges. If you attempt to send funds through a cryptocurrency exchange, we will not be able to recognize you and transfer your tokens to you. One of the benefits of cryptocurrencies lies in avoiding third parties, which allows us to ensure maximum security as we release Ternion to our eager contributors.
When will Ternion tokens become tradable?
Ternion tokens will be tradable upon completion of the Ternion Initial Coin Offering.
As a contributor, can I request a refund?
No refunds will be issued once payment has been processed due to the nature of the public token sale. All contributors will receive Ternion tokens in accordance with their contribution.
Where can I learn more about Ternion?
You can find both general and in-depth information on our website at https://ternion.io where you can review information about the Ternion Initial Coin Offering and the Ternion Whitepaper. Should none of the materials presented on our website or in this FAQ be sufficient, you can submit your questions to [email protected]
How will you use the funds raised through the Ternion Initial Coin Offering?
All raised funds will be distributed as follows:
50% will capitalize the Ternion Liquidity Fund
30% will serve as Ternion R&D Capital
20% will be Ternion Growth Capital
Will you offer bonuses or discounts?
Discounts on Ternion purchases will be connected to the different phases of the Ternion ICO:
Round A discount: 80%
Round B discount: 35%
Does the Ternion Initial Coin Offering have a soft cap?
The Ternion ICO cap is 5,000,000 USD.
What is a digital/cryptocurrency token?
At its core, a cryptocurrency token is a digital asset. Tokens vary by form and function depending on which blockchain they belong to and what utility, if any, they carry within them through the power of smart contracts. Ternion in particular is a token built upon the Ethereum Network blockchain with smart contract functionality that allows for Ternion to be issued directly to contributors as part of the Ternion Initial Coin Offering.
When will I receive my tokens?
You receive your tokens after contributing to the Ternion Initial Coin Offering by purchasing a certain amount of Ternion. The tokens are automatically transferred to your personal wallet once the purchase is processed. TRN Tokens will be issued to contributors within one month of the conclusion of the final round.
Which cryptocurrency wallet should I use to store my Ternion tokens?
To simplify the process of contributing to the Ternion Initial Coin Offering we create a personal cryptocurrency wallet for you when you purchase Ternion. However, upon receiving your tokens, you have the choice to transfer your tokens to any wallet of your choosing. We recommend researching the different types of cryptocurrency wallets available before transferring your tokens.
Which currency will the Ternion Liquidity Fund use in its operations?
The Ternion Liquidity Fund will operate using Bitcoin, Ternion, and US Dollars.
How can I withdraw my funds?
You have the option of transferring your Ternion tokens to other wallets as you see fit. Should you wish to convert your Ternion into fiat money, you can do so by trading Ternion on the cryptocurrency market using any of the exchanges that support TRN.
Do you have a blog?
You can find a link to the Ternion Blog on our official website at https://ternion.io or directly on the Medium platform at https://medium.com/ternion.
Do you provide customer support?
Ternion support is accessible 24/7 from our website at https://ternion.io