Tuugaaq – a Solana Token for an independent Greenland 🇬🇱
(and the Rest of the World 🌎️)
Tuugaaq, a digitized version of an ancient token of exchange designed to support Decentralized, Resilient, Digital Sovereign Communities
“Tuugaaq” means “Ivory or Tusk” in Greenlandic.
Tuugaaq, based on Solana (Token 2022 standard), brings back an old standard updated for the digital world.
Download Whitepaper
Click to view the PDF document
Our Vision: a Turnkey Solution for independent communities
One-click to unlock an ecosystem of tools, a decentralized organization platform.
Mission
One-click solution for your community: tools and teams to support your community-building efforts.
Owning Tuugaaq tokens enables anyone to start their own "digitally sovereign" community, with proper organization, communication and decision tools. So digital sovereignty becomes accessible to anyone.
First Greenland... 🇬🇱 then the World 🌎️!
Initial Sales
Provide liquidity to all users through a fair distribution
Airdrops
Develop community through targeted airdrops
DEX Pool
Allocation to DEX pools to ensure price stability
Founding team
Long-term growth by aligning Founding team objectives to token holders. Tokens are locked and staked in liquidity pools
Phase 1: Presales / Launch.
Develop detailed vision & roadmap for the ecosystem. Kickstart the token with presales on selected platforms.
Phase 2: Wider release
Engage with the community on features list. Develop initial version. Make Tuugaaq available for trading on main DEX. Expand marketing efforts.
Phase 3: Organic growth
Reach alpha stage for the first version of the software. Support organic growth in trading and develop more integrations with Centralized Exchanges.
Phase 4: Community-driven development
Reach beta stage. Define the next phase of development with the community of coin holders. Including decentralized apps, and community-based tools. Promote real-world usage of the coin and the platform.
Phase 5: Target mainstream usage
Expand user base globally, and in various individual market segments / usage scenarios. Turn Tuugaaq into a major token for Independent and Resilient communities.
Enjoy!
FAQs
Frequently Asked Questions
Dive into the following questions to clarify the design and the current stage of this token.
Why now? Why Tuugaaq?
Greenland is in the unique position to be one of the first countries to become independent in the age of crypto currencies. Tuugaaq intends to be a token that accompanies this historical development by being useful to this community under a name that reminds of the old barter system of Greenland.
Is this a rug-pull or a scam?
Short answer: No.
Long answer: no, this token has been designed to ensure long-term price stability and usage growth, with deflationary pressure. The revocation of Mint Authority and Freeze Authority ensures the token cannot be interfered with after deployment. Additionally airdropped tokens will come locked out for 6+ months. Funding team shares will be staked (and locked for 6-12 months) in liquidity pools.
Where can I buy Tuugaaq tokens?
Currently this token is in the Presales phase. This means that Tuugaaq is not yet present on Decentralized Exchanges (like Raydium, Jupiter, etc.) or Centralized Exchanges (like Binance, Kraken, etc.). But you can buy on plateforms dedicated to presales of crypto tokens. See the Buy page. In the future, the token will be exchangeable on DEX and CEX depending on the success of the pre-sales (some DEX/CEX require a minimum Market cap for listing tokens)
Why buy Tuugaaq?
The value locked in this token is stabilized by the tokenomics decision. Transaction fees fund staking rewards, and other monetary actions to promote long-term holding and stability of token value.
How can I buy the token?
You need a wallet that supports Solana tokens. See the Buy page, for links to wallets
What kind of token is Tuugaaq?
Tuugaaq is a Solana token (Token 2022 standard). It uses the Solana blockchain as a basis to perform transactions and can be stored in any wallet supporting the Solana blockchain tokens.
What's different between Tuugaaq and all other Solana tokens?
Tuugaaq implements a contract with a 5% transfer fee: a 3% transfer fees will be used to stabilize the currency (reward long-term holding users, burn tokens, etc) and a 2% treasury tax will fund development to improve the long-term value of Tuugaaq and increase the token intrinsic utility.
What's the future of Tuugaaq?
Tuugaaq is the first step in the creation of an ecosystem for sovereign communities. So Tuugaaq should be useful as a store of value but also as a token that funds the development of the Tuugaaq software ecosystem.