Overview

Dear Titcoin investors,

Some of you participated in our poll on January 30th, which asked whether or not the community would be likely to engage in monthly reports issued by the Titcoin Development Group (TDG).  It has since served as valuable insight and an overdue inquiry into what drives your interest in our project.  In addition, considering the consensus is what prompted this report, we would like to thank you in continuing to follow the project into the new year.

That said, January had seen active user growth plateau in terms of web presence as the coin has been included on several new altcoin trackers based in Asia, the most popular of which being Feixiaohao. Unfortunately the sustained growth following the last quarter in 2017 had come to a head following the recent dip across the market, leading to a decrease of over 50%  in active users on-site.

TDG speculates that this could be partially due to a general shift back to fiat based on a correlating decrease in trade volume of over 95% (down from a high of $48,868 on January 5th) following the global downtrend.  Also likely, is a dis-association with minor altcoins in favor of higher caps and news regarding regulatory action and other external factors affecting the industry.

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Partnerships & Development

In January, TDG began dialogue with one potential partner in regard to integrating TIT as a currency on their interactive adult streaming platform.  The partner will also be including Triple X Tycoon as an affiliate at launch. following the upcoming release of v2.5c.

On February 2nd, there was an internal milestone met in which the completion of several thousand lines of networking code was written to be shared across both Triple X Tycoon and Titcoin for use in a multiplayer tie-in at a later date.  The software in question is currently in closed BETA and will be formally announced alongside a demo sometime this year.

Its capabilities include sending both fragmented or compressed data and files of any size over a centralized social network.  Our goal is to continue developing the software to be cross-platform and flexible enough for use across multiple products in the future.

Outlook

The team is also aware of some concerns voiced in the past regarding the SHA-256d algorithm and is currently considering several scenarios including revisiting the Titcoin spin-off, TitGold, as a way to both better integrate the coin into existing technologies and solve any issues surrounding security without the need to wrestle a legacy codebase.

The original idea was to allow Titcoin to be used as an enterprise level solution while TitGold would function as a much simpler, tradeable interactive token (with a significantly lower supply) for use in Triple X Tycoon and future products.

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Such a scenario would also allow for better insulation against the various market forces that seem to effect TIT regardless of our proximity to them, with the ultimate goal being to develop a sustainable ecosystem for future investors via a native exchange.

As we move into February expect more news on what’s upcoming as well as further information about the topics touched upon in this report.

TDG Holdings: 1000 (TIT), 6,900,000 (TITG)

Should Titcoin split? (TIT + TITG)

  • No (39%, 7 Votes)
  • I need more information. (39%, 7 Votes)
  • Yes (22%, 4 Votes)

Total Voters: 18

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