TBT: Empowering the Trading Ecosystem with Payments, Privileges, and Governance

The TBT white paper was written and released by the core TBT project team in early 2025, against the backdrop of increasingly mature blockchain technology and surging demand for Web3 applications.

The theme of the TBT white paper is “TBT: Empowering Next-Generation Decentralized Applications with a High-Performance Modular Blockchain.” What makes TBT unique is its innovative modular layered architecture and efficient cross-chain communication protocol, enabling high throughput and seamless interoperability; the significance of TBT lies in providing Web3 developers with an efficient, low-cost, and easy-to-use environment for development and deployment, accelerating the popularization and innovation of decentralized applications.

The original intention of TBT is to build a truly decentralized, scalable, and user-friendly next-generation blockchain infrastructure. The core viewpoint articulated in the TBT white paper is: by combining modular blockchain design with advanced consensus mechanisms, it significantly enhances network scalability and efficiency while ensuring decentralization and security, thereby empowering the prosperous development of large-scale Web3 application ecosystems.

Interested researchers can access the original TBT whitepaper. TBT whitepaper link: https://tbt.vc/TBT-Whitepaper.pdf

TBT whitepaper summary

Author: Sophia Beaumont

Last updated: 2025-11-07 23:41

The following is a summary of the TBT whitepaper, expressed in simple terms to help you quickly understand the TBT whitepaper and gain a clearer understanding of TBT.

What is TBT

Friends, today let’s talk about a blockchain project called TBT. However, before we begin, I want to clarify that in the world of cryptocurrency, the name "TBT" may refer to several different projects. Today, we’re mainly discussing TideBit Token (TBT), which is issued by a cryptocurrency exchange platform called TideBit. You can think of it as the platform’s own “points” or “membership card.”

The core goal of TideBit Token (TBT) is to provide users trading on the TideBit platform with a better experience. It’s like getting a membership card at a large supermarket, which brings you various discounts and conveniences.

Simply put, TBT is a digital asset that runs on the Ethereum blockchain network and complies with the ERC20 standard. You can think of the ERC20 standard as a universal “token creation specification,” like a unified standard for manufacturing cars, ensuring that such tokens can circulate and be used smoothly within the Ethereum ecosystem.

Project Vision and Value Proposition

The vision of TideBit Token (TBT) is to provide users with a more reliable and transparent trading environment through blockchain technology. Its value proposition is mainly reflected in the following aspects:

Enhancing Trading Experience: The most direct use of TBT is to provide benefits for traders on the TideBit platform. Just like you can enjoy exclusive services with a membership card, holding TBT allows you to enjoy up to 20% trading fee discounts on the TideBit platform. For frequent traders, this can save a lot of money.
Value Management: The project promises that the total supply of TBT is fixed and will not be arbitrarily increased. More importantly, the TideBit platform will regularly use its net profits to buy back and burn a portion of TBT. This “buyback and burn” mechanism is similar to a company buying back and canceling its own shares, aiming to reduce the circulating supply in the market, which may increase the value of the remaining tokens. This helps combat inflation and may allow TBT to appreciate over time.
Decentralization and Transparency: TBT’s creation philosophy is based on the principles of decentralization and transparency, aiming to create a trustworthy environment for users.

Technical Features

The technical features of TBT are relatively straightforward, as it is mainly a token based on an existing blockchain platform:

Ethereum ERC20 Token: TBT is an ERC20 standard token built on the Ethereum blockchain. This means it inherits the security, stability, and broad compatibility of the Ethereum network. You can store and manage TBT with any wallet that supports ERC20 tokens.
Blockchain Technology: As a digital asset on the blockchain, TBT leverages the inherent security and transparency of blockchain technology. Every TBT transaction is recorded on the blockchain, publicly accessible, and difficult to tamper with.

Tokenomics

Tokenomics simply refers to the rules for how a token is designed, issued, distributed, and used. The tokenomics of TBT have the following key points:

Basic Token Information
- Token Symbol: TBT
- Issuing Chain: Ethereum, ERC20 standard.
- Total Supply or Issuance Mechanism: The total supply of TBT is fixed and will not increase. The maximum supply is 200 million TBT.
- Inflation/Burn: TBT adopts a deflationary model. The TideBit platform will regularly (quarterly) use its net profits to buy back TBT from the market and burn them. Burning tokens is like burning cash, reducing the total supply, which in theory can increase the scarcity of the remaining tokens.
- Current and Future Circulation: According to some data platforms, TBT’s self-reported circulating supply is currently 0, and its self-reported market cap is also 0. This may mean its circulation is very small or the data is not updated in time.
Token Utility
- Trading Fee Discounts: Users holding TBT can enjoy up to 20% trading fee discounts on the TideBit trading platform.
- Trading and Value Storage: TBT itself is also a digital asset that can be traded on the market and can serve as a medium of exchange or a store of value.
- Potential Value Appreciation: Due to its fixed supply and buyback-burn mechanism, TBT has potential for value appreciation.
Token Distribution and Unlocking Information
Regarding the specific distribution ratios of TBT tokens (such as for the team, community, investors, etc.) and the unlocking schedule, there is currently no detailed information in public sources.

Team, Governance, and Funding

Regarding the core team members of the TideBit Token (TBT) project, team characteristics, specific governance mechanisms (such as how token holders participate in decision-making), and detailed information about project funding, there is currently no detailed disclosure in public information. All we know is that TBT is issued by the TideBit platform.

Roadmap

An important milestone in the development of TideBit Token (TBT) is its launch as an Ethereum ERC20 standard token. The project team has also promised that its supply will never increase. However, there is currently no detailed roadmap or timeline of future development plans and key milestones for the TBT project in public sources.

Common Risk Warnings

Investing in any cryptocurrency project carries risks, and TBT is no exception. Here are some common risk reminders:

Market Volatility Risk: The cryptocurrency market is known for its extreme volatility. The price of TBT may fluctuate significantly due to market sentiment, macroeconomic factors, regulatory policy changes, and other factors.
Technical and Security Risks: Although TBT is based on the Ethereum blockchain, any smart contract or platform may have unknown vulnerabilities. In addition, the security of users’ own wallets is also crucial.
Liquidity Risk: If TBT’s trading volume is insufficient, it may lead to large bid-ask spreads or difficulty buying or selling quickly when needed.
Regulatory Risk: Regulatory policies for cryptocurrencies are still evolving globally. Future policy changes may affect the operation and value of TBT.
Platform Dependency Risk: The value and utility of TBT are closely tied to the operation of the TideBit trading platform. If the TideBit platform encounters problems, it may directly affect TBT.
Information Asymmetry Risk: The lack of a detailed white paper, team information, and roadmap may make it more difficult for investors to assess project risks.

Verification Checklist

For any blockchain project, conducting thorough due diligence is very important. Here are some aspects you can verify yourself:

Block Explorer Contract Address: Find TBT’s ERC20 contract address on Ethereum and use an Ethereum block explorer (such as Etherscan) to view its token holder distribution, transaction history, and other information.
GitHub Activity: Check whether the TideBit platform or TBT project has a public GitHub repository and observe the activity of code updates and community contributions.
Official Website/Community: Visit the official website of the TideBit trading platform to learn more about TBT, and follow its official social media or community forums to stay updated on project developments and community discussions.
Audit Reports: Look for third-party security audit reports for the TBT smart contract or the TideBit platform.

Project Summary

TideBit Token (TBT) is an ERC20 standard token issued by the TideBit cryptocurrency trading platform. Its main goal is to enhance the trading experience for users on the TideBit platform and manage token value by providing trading fee discounts and implementing a token buyback and burn mechanism. It has a fixed maximum supply and creates scarcity through regular burning. However, information about the project’s detailed white paper, core team, governance structure, and future roadmap is relatively limited in public channels.

In summary, TBT can be seen as a utility token within the TideBit platform ecosystem, providing specific benefits to platform users. Like any cryptocurrency, it also carries inherent market, technical, and regulatory risks. Please remember, this is not investment advice. Be sure to conduct your own in-depth research and risk assessment before making any investment decisions.

For more details, please conduct your own research.

Disclaimer: The above interpretations are the author's personal opinions. Please verify the accuracy of all information independently. These interpretations do not represent the platform's views and are not intended as investment advice. For more details about the project, please refer to its whitepaper.