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

Pros:

1. Support from Leading Exchanges: TLM has been accepted and is available for trading on several major exchanges. Significant platforms like Binance, KuCoin, and Uniswap offer this token for trading. This broad availability on reputable platforms provides easy access for potential investors and enhances the token's liquidity.

2. Unique Market Position: TLM operates within the intersection of DeFi, gaming, and NFTs, setting it apart from many other cryptocurrencies. Stemming from Alien Worlds, a blockchain-based game, it has unique applications in the in-game economy and for involvement in the governance of the game.

3. Active Founding Team: The founders of Alien Worlds Trilium are visible and active, which can inspire confidence among investors. They have backgrounds in creating successful tech projects, indicating their comprehensive understanding and ability to manage a blockchain project.

Cons:

1. Limited Wallet Options: Currently, TLM tokens can be stored in relatively few wallets when compared to other established cryptocurrencies. It can be held in Metamask and Binance Chain Wallet. This lack of widespread compatibility could limit potential adoption by users who have preferred wallet platforms that do not currently support TLM.

2. Vulnerability to Market Volatility: Like many other cryptocurrencies, TLM is exposed to the general market volatility disorder. This means that its value can oscillate significantly in short periods, presenting potential risk for investors.

3. Relatively New in The Market: As TLM was launched in 2020, it is considered relatively new. Investors might harbor reservations about the token's long-term viability, as it has yet to prove its sustainability or resilience in the face of a long-term market downturn.

What Makes TLM Unique？

TLM, short for Alien Worlds Trilium, 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.

However, it's worth mentioning that the value proposition of this integration of gaming and DeFi is still being explored and it's too early to conclusively determine its impact on the broader crypto market and the gaming industry. There is also the challenge of market volatility and the inherent risk of integrating a value token into a gaming environment, which can affect the gameplay experience.

Therefore, while TLM and its integration into a gaming platform represent an innovative approach to cryptocurrency use, they also bring their own unique challenges and uncertainties different from those faced by more traditional cryptocurrencies.

How Does TLM Work？

TLM, or Alien Worlds Trilium, 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.

Accordingly, while TLM operates in familiar ways as a cryptocurrency, its integration with a gaming platform introduces additional, unique dimensions to its function and use.

Circulation of TLM

TLM is a volatile cryptocurrency, and its price has fluctuated significantly since its launch in 2021. The price of TLM is influenced by a number of factors, including the overall state of the cryptocurrency market, the demand for TLM, and the development of the Alien Worlds ecosystem.

There is no mining cap for TLM. This means that new TLM tokens can be mined indefinitely. However, the rate at which new TLM tokens are mined decreases over time.

The current circulating supply of TLM is approximately 3.6 billion tokens. The total supply of TLM is 10 billion tokens.

The circulating supply of TLM is one of the factors that influences its price. When the circulating supply increases, the value of each individual TLM token decreases. Conversely, when the circulating supply decreases, the value of each individual TLM token increases.

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.

1. Binance: Binance is one of the world's leading cryptocurrency exchanges. It supports the trading of TLM with prominent cryptocurrency pairs including TLM/BTC, TLM/BNB, TLM/BUSD, and TLM/USDT.

2. KuCoin: KuCoin is another top crypto exchange that offers TLM tokens. The platform allows users to trade TLM against BTC, ETH, and USDT.

3. Uniswap: Uniswap is a decentralized exchange (DEX) on the Ethereum network, where TLM can be traded with ETH directly in the decentralised fashion.

4. Gate.io: On Gate.io, you can trade TLM with USDT, providing a gateway between the token and fiat-linked digital currency.

5. PancakeSwap: PancakeSwap is a DEX on Binance Smart Chain. It supports the liquidity pair TLM/BNB.

6. MXC: MXC is a well-known exchange where traders can perform TLM/USDT transactions.

7. Poloniex: Formerly one of the leading global exchanges, Poloniex also supports TLM trading, offering a TLM/USDT pair.

8. 1inch: As a DEX aggregator, 1inch supports TLM trading pair with Ethereum and provides users with optimized trading routes.

9. Hotbit: On Hotbit, users have the opportunity to trade the TLM/USDT pair.

10. Hoo: Hoo is another platform offering the TLM/USDT trading pair to its users.

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:

1. Metamask: This is a browser extension wallet that's widely used in the Ethereum ecosystem. It's secure, user-friendly, and is especially useful if you interact with DeFi platforms or DApps.

2. Binance Chain Wallet: Binance Chain Wallet is an extension wallet like Metamask but developed by Binance. It supports both the Binance Smart Chain and the Ethereum chain, making it a versatile choice for storing TLM.

3. Trust Wallet: This mobile wallet developed by Binance is one of the most popular mobile wallets around. It supports a vast array of tokens including TLM and provides a user-friendly interface.

4. Ledger: For those looking for a more secure method of storage, hardware wallets like Ledger are often recommended. These physical devices can store your tokens offline, providing a layer of security against online threats.

5. Trezor: Similar to Ledger, Trezor is also a hardware wallet providing offline storage for your digital tokens. It has a solid reputation in terms of safety and usability.

Users should choose the wallet that best suits their needs, taking into consideration factors such as security, usability, and functionality. Please remember to thoroughly research any wallet before transferring tokens to it, and always keep your private keys secure and confidential.

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).

Specifically, potential buyers of TLM can be broadly categorized as:

1. Crypto-Gamers: Considering TLM's primary utility is within the context of the Alien Worlds game, having gamers who are familiar with cryptocurrencies can be a compatible match. They can obtain added value and enjoyment from their engagement with the game.

2. DeFi Enthusiasts: Investors comfortable with interacting with Decentralized Finance protocols and who have a clear understanding of the risks and rewards associated with DeFi may also consider adding TLM to their portfolio.

3. Crypto Investors: Traditional crypto investors looking for diversification options in their crypto-portfolio can consider TLM due to its unique position and use-cases.

4. Risk Tolerant Investors: TLM can also be suitable for investors with high-risk tolerance as cryptocurrency, in general, tends to be highly volatile and may involve higher risk than traditional finance.

For those looking to buy TLM, it is highly recommended to:

1. Conduct thorough research: Understand the dynamics of TLM, its use-cases, its position in the market, and the team behind it.

2. Consider risk appetite: The value of any cryptocurrency can fluctuate severely in a very short time. Any potential investor should take into consideration their risk tolerance and their capacity to withstand losses.

3. Diversify: It is always wise to diversify your investment portfolio. Do not put all your investment in one asset, including TLM.

4. Only invest what you can afford to lose: This is a golden rule for all kinds of investments, not only cryptocurrencies.

5. Regularly monitor the market: The cryptocurrency market is always changing. Regular monitoring can help keep track of price movements and market trends.

Remember, investments in cryptocurrencies should never be made based on hype and should not replace a well-diversified, balanced investment portfolio. Always consult with a financial advisor before making investment decisions.

Conclusion

TLM, known as Alien Worlds Trilium, is a unique cryptocurrency that operates at the intersection of the DeFi, gaming, and Non-Fungible Tokens (NFTs), providing a new perspective on the potential applications of digital tokens. It is inherent in the gameplay of Alien Worlds and has unique uses ranging from trading for in-game items to voting in governance decisions.

Although TLM is relatively young, having been established in 2020, it has gained support from several major cryptocurrency exchanges, further increasing accessibility and liquidity. However, it is also susceptible to typical cryptocurrency market volatility, and the limited number of compatible wallets could be a hurdle for wider adoption.

The future development of TLM deeply depends on multiple factors, including the sustained popularity of its mother platform (Alien Worlds), continuous development by the active team, and broader trends in the crypto and gaming industries.

In regards to its profitability or appreciation, like with any investment, an increase in value can never be guaranteed. Its value will rely on market demand, utility within the Alien Worlds ecosystem, and investors' perception of its potential. It is highly recommended for potential investors to consider their risk tolerance and to make informed decisions based on exhaustive, personalized research.

At last, anyone interested in TLM should be aware that although it introduces a novel and intriguing approach to the use of cryptocurrencies, it represents an investment in an innovative but unproven model and carries its own unique risks and considerations. These should be weighed thoughtfully against the individual's investment goals, risk appetite, and investment timeline.

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.

Q: What's the risk level associated with investing in TLM？

A: Investing in TLM, like other cryptocurrencies, can be high risk due to market volatility and the relatively new nature of the token; proper research and understanding of one's risk appetite are critical.

Q: What makes TLM different from other cryptocurrencies？

A: TLM differentiates itself from other cryptocurrencies due to its application in the Alien Worlds game, combining elements of gaming, DeFi, and NFTs, making it more than just a medium of exchange or store of value.

Q: Can the value of TLM increase in the future？

A: The future value of TLM is uncertain and depends on multiple factors including market demand, its functional utility within Alien Worlds, investor perception, and broader crypto market trends.

Risk Warning

Investing in cryptocurrencies requires an understanding of potential risks, including unstable prices, security threats, and regulatory shifts. Thorough research and professional guidance are advised for any such investment activities, recognizing these mentioned risks are just part of a wider risk environment.