Tribal Token Price

Tribal Token (TRIBL) is a cryptocurrency that supports financial services for small and medium-sized businesses (SMBs) in emerging markets. It is part of the Tribal ecosystem, which aims to offer better financial tools, rewards, and easier access to credit for these businesses. The token is built on the Ethereum blockchain as an ERC-20 token.

Businesses use TRIBL to earn rewards, get discounts, and access credit and lending services. The token helps enhance financial operations within the Tribal Credit ecosystem, which focuses on providing efficient financial solutions through blockchain technology.

Tribal Token (TRIBL) works by supporting SMBs in emerging markets. It is part of the Tribal Credit ecosystem, which uses blockchain technology to offer better financial services to these businesses. TRIBL facilitates easier access to credit for SMBs, which can be crucial for their growth and expansion.

Tribal provides SMBs with multi-currency corporate cards, spend management tools, and access to short-term financing. By participating in the Tribal ecosystem and using TRIBL, businesses can streamline their financial operations, save costs, and access necessary financing more efficiently,

By using TRIBL, businesses can earn rewards and get discounts on various financial services offered within the Tribal ecosystem. This makes financial management more cost-effective for them.

The $TRIBL token leverages blockchain to make financial services cheaper, faster, and more inclusive. This is particularly beneficial in emerging markets where traditional financial services may be limited or expensive.

Tribal uses a model called the DeFi mullet, where traditional fintech interfaces are used on the front end, and decentralized finance (DeFi) protocols are integrated on the back end. This ensures a user-friendly experience while providing the benefits of DeFi.

Tribal Finance was founded by Amr Shady and Mohamed Elkasstawi. The company aims to revolutionize financial services for SMBs in emerging markets. They launched the Tribal Token (TRIBL) to facilitate this vision. The token supports a financial ecosystem that includes tools for earning rewards, accessing discounts, and securing credit.

Tribal Finance officially launched in 2016. Their primary product, Tribal Credit, uses blockchain technology to provide SMBs with multi-currency corporate cards, spend management tools, and short-term financing. This approach helps businesses manage expenses more efficiently and gain better financial control.

The roadmap for Tribal Finance includes several key milestones. In the near term, they plan to expand their services and improve the integration of blockchain technology to enhance financial inclusivity. The focus is on increasing the adoption of TRIBL, expanding the user base, and continually enhancing their financial services platform.

Tribal Token (TRIBL) is used primarily within the Tribal Credit ecosystem to facilitate financial services for small and medium-sized businesses (SMBs) in emerging markets. Here are the main uses:

1. Rewards and Discounts: Businesses can earn rewards and redeem discounts by using TRIBL in the Tribal ecosystem. This helps in reducing costs for services and products.
2. Access to Credit: The token helps businesses gain smoother access to credit and lending services. This is crucial for SMBs looking to expand or stabilize their operations.
3. Spend Management: TRIBL is used for managing expenses efficiently through Tribal’s multi-currency corporate cards and other financial tools.
4. Blockchain Integration: The token leverages blockchain technology to provide secure, fast, and cost-effective financial transactions, enhancing overall service efficiency.
5. Staking and Administration: Users can stake TRIBL tokens to earn additional rewards and participate in the administrative aspects of the Tribal ecosystem.
6. Trade TRIBL on KuCoin: Trade Tribal Token against other cryptos listed on the KuCoin Spot Market to make the most of changing market conditions and volatility. Based on your investment goals and risk tolerance, you can buy, sell, or HODL $TRIBL coins in your portfolio.

TRIBL has a maximum supply of 1 billion tokens. The Tribal Token’s token allocation is as follows:

• Community and Rewards: 43% of the tokens are reserved for community rewards and local initiatives.
• Contributors and Advisors: 34% are allocated to top contributors and advisors.
• Early Buyers: 19% are set aside for early token buyers.
• Public Sale: 4% of the tokens were made available during the CoinList sale.

TRIBL Token Vesting Schedule

• Public Sale: Tokens sold during the ICO have a 1-year lockup followed by a 6-month linear release for Option 1, and a 12-month linear release for Option 2.
• Early Contributors: Tokens for early contributors have a 1-year cliff followed by a 3-year linear vesting.
• Community Rewards: These tokens are vested linearly over 3 years.