TRON-based TronWallet Introduces Lifetime Subscription Token
Tron News

TRON-based TronWallet Introduces Lifetime Subscription Token

In a recent tweet, TronWallet, the TRON-based digital wallet, introduced its lifetime subscription token, TWLT.

The article starts off with:

“Yesterday TronWallet had a big announcement as we introduced the TronWallet Fee Model to our community. We wanted to get a discussion going and we did! You, our community, provided a lot of constructive feedback including many suggestions and different views. We appreciate all of you taking the time to provide us with that valuable feedback. Based on your feedback, we have decided to update our fixed price method for you to access Tron Wallet features, for life.”

Talking about the features of holding this token, the article says:

“TronWallet has created a brand new TRC10 token, the TronWallet Lifetime Subscription Token (TWLT). Holding just one TronWallet Lifetime Subscription Token (TWLT) in your TronWallet will entitle you to an exclusive level of subscription, the Lifetime VIP tier. The Lifetime VIP tier will be yours for as long as you hold the token. You can resell your token at any time, but your Lifetime VIP Tier subscription will transfer with it to the new token owner.”

Adding to it:

“The Lifetime VIP Tier subscription will allow you unlimited free access to every feature of your TronWallet, with the exception of the vote for listing fee. This means you can: vote for super representatives, send or receive accepted cryptocurrencies, utilize 2FA authentication, enjoy premium support, save your contacts on cloud, perform atomic swaps to ETH or BTC, request payments, make payments, participate, claim airdrops, and perform unlimited no fee trades on the TronWallet Dex.”

The token would have a restricted supply. The number of tokens already created would be all that will ever be created.

Also Read: TRON-based TronWallet Announces Fee Model

Expanding on this, the article says:

“TWLT is a limited-edition token and will have a restricted release. Only 10,000 tokens have been created and no additional TWLT will ever be created. These 10,000 tokens will be released on schedule of only 1000 per year. As an introductory offer, 2018’s supply of TWLTs is on sale now. Once these are sold out, the next sale for TWLT won’t be until January of 2019.”

The schedule of the same is as follows:

“2018 = 1000 tokens sold (on sale now), January 2019 = 1000 tokens, January 2020 = 1000 tokens and so on each year until January 2027.”

Moving to special benefits that only TWLT holders would get, the article says:

“As a special benefit for TWLT holders will be a higher ratio on Airdrops done by partner tokens. While the ratio for each partner may vary, you can expect about 2x to 10x as many coins as other subscription tiers. This benefit is ONLY available to TWLT holders. We anticipate many partnerships in the future (one coming soon as soon as 1st week of December) and holding a TWLT will ensure you get the highest ratio of airdrop available.”

Talking about the pricing:

“In response to feedback from the community, we have changed our pricing. For the 2018 round of token sales, 1 TWLT token will be sold for 200,000 TWX. However, during this special promotional sale of TWLT, we are selling each token at a 50% discount. That means until Sunday December 2, 2018 at 11:00PM PST you can purchase a TWLT for only 100,000 TWX.”

TronWallet recently released a new fee model. Speaking about it in a Medium article, the team said:

“We believe this approach to Fees for TronWallet will help not only keep development and continuous improvement of the TronWallet Platform of products and services but also support and add value to the TWX token and its expanding ecosystem. We will review constantly this fee model and modify as needed, informing our users and overall community in due time.”

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Syed Ali Mudassar
It was when he was pursuing his graduation in Computer Science that he found his flair for writing about new and existing technologies. He likes researching about technologies and how they could help people. Currently, he works as the Content Manager at CoinFrenzy, a leading blockchain news, and media publication website.