info_tfgrid/collections/bestkeptsecret/tft_vs_inca.md

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2024-02-29 03:22:31 +00:00
## TFT vs INCA![image alt text](img/inca_mutual_credit.png)
TFT - our reserved currency, the result of having created our system (1 billion TFT)
* TFT is needed to be able to buy INCA which is needed to buy Cloud and Internet Connectivity.
* TFT is needed to prove reputation for a 3Node.
*i.e. to show the community that you have invested in the ecosystem*
* TFT is needed to get a discount.
* **i.e. the amount of TFT in your wallet defines the discount levels*
INCA - the mutual credit currency used to buy/sell capacity on the TF Grid for cloud, connectivity, compute, storage and network services. INCA can only be bought for min 0.15 USD and results in 1 locked TFT.
For the first year, there is a 1-1 mapping between TFT & INCA, for each INCA in the system there needs to be 1 TFT in the wallet of the user. The Internet Cloud & Connectivity is +1 trillion USD Business. Our current market cap of TFT is 15m USD.