Tribal Token Price

Tribal Token (TRIBL) is the first token designed to help emerging market enterprises grow. 

TRIBL is the token for the Tribal financial ecosystem for emerging market businesses, especially small-and-medium businesses (SMBs). SMBs are essential to emerging market economies, employing the majority of workers in markets like Latin America. Despite their economic importance, emerging market SMBs are routinely denied the financial services they need to grow.

Tribal is changing that paradigm. The Tribal Token (TRIBL) powers a robust financial ecosystem, including tools to help businesses earn exciting rewards, enjoy discounts, and enjoy smoother access to credit. Tribal Credit uses the Tribal Token and other blockchain-powered tools to enhance financial services for the 2,000 emerging market enterprises it serves.

Boomerang Rewards is the world’s first loyalty program that uses tokens to reward SMBs and startups for their business spend. Through Boomerang Rewards, Tribal Credit’s non-U.S. customers can earn industry-leading rewards on their business expenditures in the form of Tribal Tokens (TRIBL). Tribal Credit customers can also use their TRIBL tokens to access higher rewards tiers, supporting ecosystem engagement and augmenting their savings. 

Tribal Credit is a technology company focused on revolutionizing financial services for emerging market businesses, especially small-and-medium businesses (SMBs). Tribal Credit’s cutting-edge payment and financing platform is designed to level the playing field for businesses, and blockchain is an integral part of that vision.Blockchain can enable cheaper, faster, and more inclusive financial products, especially in emerging economies, where financial stagnation disadvantages many people. Tribal is especially passionate about the DeFi mullet model (fintech in the front, DeFi in the back), where access to DeFi protocols is enabled through smooth, user-friendly fintech experiences.

TRIBL tokens can only be purchased, earned or redeemed by non-U.S. persons. U.S. persons are prohibited from purchasing, earning or redeeming TRIBL tokens. A “U.S. person” is any natural person resident in the United States or any entity defined as a “U.S. person” by SEC Rule 902(k). “United States” means the United States of America, its territories and possessions, any State of the United States, and the District of Columbia.

TRIBL tokens will be exclusively available on KuCoin until April 6, 2023. During this time, withdrawals of TRIBL to external wallets and exchanges will be disabled. However, KuCoin customers will be able to buy, trade, and sell TRIBL in their KuCoin accounts, as well as enjoy exciting rewards and exclusive rewards in the evolving TRIBL ecosystem. 

Withdrawals are being temporarily restricted to ensure that TRIBL tokens remain unavailable to U.S. persons (including via DEXs) for the first year of trading ensuring compliance with Regulation S adopted under the U.S. Securities Act of 1933, as amended. Amid heightened regulatory scrutiny of crypto projects, this restriction helps to ensure that the TRIBL ecosystem can grow sustainably.