Tellastory token (TELLASTORY)

What Is Tellastory Token (TELLASTORY)?

Tellastory token is a game utility token rewarding its holders in BUSD. Upon full game release, its mobile application would be downloadable from PlayStore and Apple Store.

To learn more about this project, check out the website Tellastorynft.com and download the Whitepaper.

The developer of this project has renounced its ownership and burnt the liquidity pool provided on Pancakeswap making it a full community token and safe for global investors. This project also aim to inspire people globally with its quote NFTs.

Tellastory project started officially in december 2021 (21/12/2021) as a full NFT project. But as time went on, the need to release a token for payment of products and services developed by Tellastory project was necessary, hence, this lead to the creation of Tellastory token which was officially deployed in 07/05/2022.

The name "Tellastory" was derived from its NFT usecase which is a quote-based NFT project created to simply inspire and motivate people globally. The NFT project contents are mainly inspirational & motivational quotes and has a fixed supply of 500 units in its 100 items.

The token has a 9% tax deducted from every transaction of which 5% is distributed to all holders in Busd, 3% goes to Marketing fee wallet and 1% goes to liquidity on Pancakeswap.

This token has an experienced team backing it. The Project developer was a former team member of Metafighter arcade game and he's experienced with gaming projects. After some years of work on creating games on unity game engine, he later went on to support many gaming blockchain projects.

In March 2022, Project developer, Noman James announced that gaming utility would be created under Tellastory project and Tellastory token will be used as payment method for in-game purchases. He also added that this would connect investors from the NFT space and gaming space together on the blockchain. Three (3) weeks after the announcement, the Tellastory project community members rose by 100% and it's still counting.

Who Are the Founders of Tellastory Token?

Tellastory token was founded by Noman James and it's been managed alongside with 13 other experienced team members. There are no co-founders.

Project developer, Noman James first heard about cryptocurrencies in 2016 but wasn't an Investor until December, 2018 when he bought Sia Coin from Binance exchange. Ever since then, his interest in cryptocurrencies grew and he eventually was involved in several blockchain project releases.

What Makes Tellastory Token Unique?

Tellastory token was actually deployed with a disagreed total supply of one trillion (1,000,000,000,000). As tokens with such total supply were mostly meme tokens, team members argued that this might affect how investors see the token in future and further explained that potential investors might not take the project as seriously as they should.

That led the team to employ a steady burn mechanism in which 0.33% of the total supply is burnt daily. The aim of this burning is to reduce the total supply to 100 billion (100,000,000,000) instead of one trillion with the reason been that more investors would be comfortable investing in the project which will also help the project avoid vast criticism while on the market.

Also, the game utility is another thing that will make Tellastory stand out from other gaming projects.