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Small-and-medium businesses (SMBs) play a crucial role in emerging market economies, employing the majority of workers in regions like Latin America. However, these SMBs often face challenges in accessing the financial services necessary for their growth. Tribal aims to transform this situation. With the Tribal Token (TRIBL), Tribal has created a robust financial ecosystem that offers various tools to support businesses, such as exciting rewards, discounts, and improved access to credit. Tribal Credit utilizes the Tribal Token and other blockchain-powered tools to enhance financial services for the 2,000 emerging market enterprises it serves.
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What is the Tribal Token (TRIBL)?
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.
What is Boomerang Rewards?
Boomerang Rewards is the worlds first loyalty program that uses tokens to reward SMBs and startups for their business spend. Through Boomerang Rewards, Tribal Credits 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.
What is Tribal Credit, and why is it building blockchain products?
Tribal Credit is a technology company focused on revolutionizing financial services for emerging market businesses, especially small-and-medium businesses (SMBs). Tribal Credits 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.
Who can access the Tribal Token?
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 BYDFi until April 6, 2023. During this time, withdrawals of TRIBL to external wallets and exchanges will be disabled. However, BYDFi customers will be able to buy, trade, and sell TRIBL in their BYDFi 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.
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- I'm interested in using the Tribl app for trading cryptocurrencies. Can anyone tell me if the app is compatible with popular cryptocurrency exchanges? I want to make sure I can easily connect my exchange accounts and trade seamlessly through the app.2021-11-28
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- Can you explain the measures taken by the Tribl app to ensure the security of cryptocurrency transactions? What are the key features that make it a secure platform?2021-11-28
- Can you provide a detailed description of the features that the Tribl app offers for cryptocurrency enthusiasts? What sets it apart from other apps in the market?2021-11-28
- I'm looking for the best digital currencies to use with the Tribl app. Can you recommend some cryptocurrencies that are compatible with this app? I want to make sure I'm using the most suitable digital currencies for a seamless experience with Tribl.2021-11-28