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Tautachrome (OTC: TTCM) announced the finalization of its ARknet-based cryptocurrency ecosystem featuring the XAR token. This token will facilitate transactions within the ARknet platform, leveraging the Ethereum and Factom blockchains via an Ethereum-Factom bridge. CEO Dr. Jon N. Leonard emphasized the token's role in creating economic value for user interactions. Tautachrome aims to launch the XAR token in Q4 2021, providing a secure medium for transactions globally, regardless of purchase size. The company is focusing on an innovative ecosystem amidst economic uncertainties.
Tautachrome (OTC: TTCM) announced a partnership with Kompendium LLC to integrate Non-Fungible Tokens (NFTs) into its ARknet platform. This collaboration aims to enhance ARknet's capabilities by leveraging blockchain technologies, specifically the Factom Protocol and Ethereum blockchain. The partnership will enable tokenization of user-generated content and provide efficient transaction processes. Tautachrome’s CEO highlighted the potential for lower costs and faster transactions, emphasizing the platform's goal to connect consumers seamlessly with service providers.
Tautachrome Inc. (OTC PINK: TTCM) announced its patent attorney's opinion regarding the applicability of its KlickZie imaging patents in the NFT market. The patents, which focus on authenticating and verifying digital imagery, align with the growing popularity of NFTs, allowing for secure and unique digital asset representation on blockchains. Patent attorney Benjamin Urcia confirmed that Tautachrome's patents cover essential methods for creating authenticable tokens, integral to the NFT space. CEO Dr. Jon N Leonard emphasized the importance of trust and authenticity in the NFT market to prevent instability.
Tautachrome Inc. (OTC PINK: TTCM) announced a $50 million fundraising effort by Arknet Inc. to support the ARknet platform development. The milestone of releasing the ARknet app version 1.8.2 has been achieved, integrating essential social features. CEO Tim Dohse emphasized the significance of augmented reality technology in creating an untethered mobile experience, while Dr. Jon N. Leonard noted the potential of ARknet in facilitating global commerce through augmented reality. Tautachrome is positioned as an emerging player in the AR space, aiming for seamless integration of services.
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