TLM

Overview of TLM

TLM, which stands for Alien Worlds Trilium, is a form of cryptocurrency that was established in 2020. Its founders include Michael Yeates, Rob Giometti, and Saro McKenna. The token is supported by various exchanges including Binance, KuCoin, and Uniswap. In terms of storage, TLM tokens can be housed in wallets such as Metamask and Binance Chain Wallet. The development of TLM contributes to the broader diversification of the blockchain landscape, with its specific use-cases underscoring its unique position in the market.

Pros and Cons

What Makes TLM Unique？

TLM, is a cryptocurrency born out of the intersection between Decentralized Finance (DeFi), gaming, and Non-Fungible Tokens (NFTs), which marks a significant differentiation from many conventional cryptocurrencies. The unique positioning of TLM is largely due to its mother platform - Alien Worlds - which is an interactive, blockchain-based game.

Unlike several other cryptocurrencies, TLM is not just a simple medium of exchange or store of value. Within the Alien Worlds game, TLM functions as both an in-game currency and a governance token. Players can earn TLM tokens by engaging in various activities within the game, and then spend it on in-game items or use it for governance votes. Additionally, the TLM tokens can also be traded outside the game on various major exchanges, just like traditional cryptocurrencies.

How Does TLM Work？

TLM, operates as a utility token within the Alien Worlds ecosystem, which combines elements of DeFi, gaming, and NFTs into a unique platform. The primary function of TLM is to serve as an integral component of the in-game economy.

In Alien Worlds, players can 'mine' TLM tokens through gameplay. This gameplay primarily involves sending one's in-game assets, in the form of NFTs, on missions to mine TLM. The likelihood of successfully mining TLM is proportional to the power of a players assets, so gameplay strategy involves trying to acquire and utilize the most effective assets for mining TLM.

The mined TLM then can be used in a range of ways within the game. For instance, players may use their TLM to purchase additional NFTs, and thus strengthen their mining power. Alternatively, TLM plays a role in the governance of the game. Alien Worlds is divided into different 'planets', each having its own decentralized autonomous organization (DAO). TLM holders can stake their tokens to vote on proposals and decisions within these DAOs.

Outside the game, TLM works similar to typical cryptocurrencies and can be traded on exchanges for other forms of digital currency. TLM holders can store their tokens in a digital wallet, such as Metamask or Binance Chain Wallet, and interact with established crypto markets. The value of TLM in this context will depend on market supply and demand dynamics, just like any other tradable asset.

Exchanges to Buy TLM

TLM tokens are available for purchase on several exchanges, with supported trading pairs varying by platform. Here's a snapshot of 10 of those exchanges and some of the trade pairs they offer. Binance、KuCoin、Uniswap、Gate.io、PancakeSwap、MXC、Poloniex、1inch、Hotbit、Hoo；Remember to always check the current status on the respective exchanges, as supported trading pairs may vary and new ones can be added over time.

How to Store TLM？

Storing TLM tokens, much like other cryptocurrencies, involves using a digital wallet that supports the token. A wallet can be thought of like a personal interface to the blockchain, and it's where all your digital tokens are stored. Each wallet comes with private keys, which are needed to transfer your tokens to other addresses.

TLM is a token that operates on the Ethereum network as well as the Binance Smart Chain, and as such the number of wallets that support it are numerous. Here are some wallet types that can be used: Metamask、Binance Chain Wallet、Trust Wallet、Ledger、Trezor.

Should You Buy TLM？

Cryptocurrency investments, like TLM, are generally suited to individuals who have a robust understanding of digital currencies, the risks associated with volatile investments, and knowledge about blockchain technology. They can be approached for diversification by traditional investors looking to increase their digital asset holdings or by tech-savvy individuals interested in the intersection of DeFi, gaming, and Non-Fungible Tokens (NFTs).

FAQs

Q: What does TLM represent in cryptocurrency？

A: TLM stands for Alien Worlds Trilium, a unique cryptocurrency intersecting the spheres of DeFi, gaming, and Non-Fungible Tokens (NFTs), founded in 2020.

Q: Where can I trade TLM tokens？

A: TLM tokens can be traded on numerous platforms, including leading cryptocurrency exchanges such as Binance, KuCoin, and Uniswap, among others.

Q: How does TLM function within the Alien Worlds game？

A: In the Alien Worlds game, TLM operates as an in-game currency and governance token, earned through gameplay and used for purchasing in-game items or voting on in-game decisions.

Q: How can I safely store my TLM tokens？

A: TLM tokens can be securely stored in digital wallets that support the token, including options like Metamask, Trust Wallet, Binance Chain Wallet, and hardware wallets like Ledger and Trezor.