TYD (Tianya Diamond, Tianya Diamond) is an ERC20 Token issued by BikiCoin that can be exchanged 1:1 with Tianya Diamond. BikiCoin officially guarantees that anyone holding Tianya Diamond TYD can exchange for the same amount of Tianya Diamond (similar to USDT Pegged to the US dollar at 1:1), the exchange is completed through off-site transactions; the official guarantees that all issued and circulated Tianya Diamond TYD must have an equivalent amount of Tianya Diamond corresponding to it, and the uncirculated part is stored in the cold wallet and cannot be circulated; holding Tianya Diamond Users can exchange it into Tianya Diamond TYD to recharge and enter the BikiCoin exchange for trading.
Tianya Diamond is a privileged prop of the Tianya community, a symbol of digital identity and value, used to carry Tianya’s new community governance structure and user value system, with attributes such as limited release, collectible, and transferable. One application scenario is to use Tianya Diamond to enter the rankings. The Tianya Diamond consumed by ranking will be continuously destroyed, and Tianya Diamond will launch more application scenarios in the future.
The original intention of BikiCoin to issue Tianya Diamond TYD: to solve the shortcomings of the current Tianya Diamond market, and to establish a Tianya Diamond trading market with better liquidity, safety, credibility, and transparency.