TeraBlock AMA Recap
To celebrate the listing of TeraBlock, we welcomed Shivam Tandon, the CEO of TeraBlock for an AMA in our Telegram Channel.
Shivam introduced us to TeraBlock’s ecosystem, the motivation behind the project, future plans and answered our awesome community’s questions!
We’ve put together a recap post for those that want to catch up on yesterday’s discussions.
Shivam, please introduce yourself to our awesome community!
Shivam: “ Hi everyone! I’m Shivam Tandon, the Founder and CEO of TeraBlock. I’m a dual engineer, serial entrepreneur, and experienced trader who started mining and trading cryptocurrencies at the end of 2016. I have been working with start-ups and scale-ups for the past decade as a hands-on business mentor in industrial design, 3d-Printing, fintech, Machine Learning, IoT, and more. “
Would you be able to describe the TeraBlock a little further for our community?
Shivam: “ I was attracted to the nascent technology behind crypto and the ability to trade around the clock. Thus I created fully automated algorithms to assist me with my trading. This initial spark started my journey towards building TeraBlock.
For those who don’t know, Terablock started as a solution for people looking to enter the cryptocurrency ecosystem and easily manage their portfolio with the help of machine learning (ML) trade automation. In other words, we provide a user-friendly interface like Coinbase with the ability to manage and trade with high-end technology.
Therefore we have diligently adapted to this fast-paced environment to meet the needs of our community. We are excited to provide you with access to the completed decentralized ecosystem to reap the benefits of the latest wave of change. With innovation at its core, we have the suit of DeFi products lined up — TeraBlock Bridge, TeraBlock Farm, and the NFT platform.
Therefore, TeraBlock is the simplest gateway for newbies to enter the cryptoverse, both DeFi (Decentralized Finance) and CeFi (Centralised Finance). These will create several utilities for TBC tokens in the coming months. “
Let’s talk about the token, what’s the actual practical value of the TBC token? How is it used?
Shivam: “ TBC Token is the native asset of the TeraBlock ecosystem. It has diversified utilities in both centralised and decentralised ecosystems.
The centralised TeraBlock exchange is designed to function as the simplest way to trade cryptocurrencies. TBC token will act as a utility token on the TeraBlock exchange.
Our DeFi ecosystem — Multichain and Multicoin TeraBlock bridge, TeraBlock Farm and TeraBlock NFTs will be powered by TBC token.”
How important is the community to your project? What do you expect from the community for benefit and participation?
Shivam: “ TeraBlock has been a community-driven project since its conception. We are here because of the support and guidance we have received over the years. We take our community quite seriously, and soon we will be adding governance to our ecosystem, so the critical decisions are taken collectively. ”
Users are very scared due to increase of rug pulls in the crypto market. How will you assure the users that your project is absolutely safe and secure?
Shivam: “ We have way past that phase. We are mature entrepreneurs with several decades of experience in running successful businesses collectively. We are here to make a difference and add value to the crypto ecosystem.
Follow our community channel/group as several products are lined up to launch by the end of this year.”
A big thank you to Shivam for joining us and taking the time to answer all the questions.
To learn more about TeraBlock, make sure to check out their website and their social media channels: