Tavrida is a proprietary blockchain operating on the basis of smart-contracts. Tavrida coin (TVR) is a digital asset which is rented by the user to make transactions in a blockchain while not being a security.
According to the founders, the main purpose is to provide entrepreneurs with the user-friendly tool for attraction of investments. It is considered that entrepreneurs will tokenize their assets by issuing TVR, and investors will buy TVR. The acquired coins allow an investor to influence the company's activity and receive dividends. All of these will be prescribed in the smart-contracts.
As for the founders, it will allow Crimean business to bypass sanctions because transactions will be conducted without participation of financial intermediaries such as banks and payment operators.
For now there are several functions available in Tavrida:
- Personal area registration
- Funds deposit/withdrawal in BTC, Ethereum, Ruble
- Possibility to tokenize funds in TVR Bitcoin, TVR Ethereum, TVR Ruble
- Possibility to exchange assets between users