TycheCoin is a stake in the project BlockchainNeXT, a venture of BlockchainNeXT OÜ, Estonia. The project BlockchainNeXT is an umbrella architecture to connect existing and future blockchains. TycheCash, TychExchange, TycheCard andShow more [+] TycheGate are a few of the projects under development in the BlockchainNeXT construction. The synopsis whitepaper is available to get an idea of it.
TycheCoin is an ERC20 Token with total supply of 1 billion. It is based on Ethereum smart contracts. TycheCoin is the stake part of the whole system and will derive its value from market demand as well as the worth of the ecosystem we are creating at BlockchainNeXT. TycheCoin is the vehicle to participate in any of the BlockchainNeXT projects. Till now (October 2018) approx. 28 million TycheCoin have been distributed through angel investment/ conversion of TycheCash/ ETH.