THAT Whitepaper
  • THAT - REAL WORLD CRYPTO
  • Company Information
    • INTRODUCTION
    • THREE KEY FOCUS AREAS
    • PROBLEMS WE'RE SOLVING
      • 1. Spending Cryptocurrency
      • 2. SMEs Losing Market Share
      • 3. Trust and Transparency
      • 4. Buying Cryptocurrency
      • 5. Selling Cryptocurrency
      • 6. Mnemonic Keys
      • 7. Accounting & Tax
      • 8. Invoices & Receipts
      • 9. Source of Truth
    • ROADMAP
      • 2022 - Market Research & Initial Product Development
      • 2023 - Regulatory Compliance & Presale Preparation
      • 2024 - Blockchain Development, Launch Preparation + TGE
      • 2025 - Wallet Integration & National Expansion (Aus)
      • 2026 - Feature Enhancement & International Expansion
      • 2027 & Beyond - Delivery Services, Global Expansion & More...
    • CHARITY / PHILANTHROPY
  • THAT Coin
    • COIN OVERVIEW - HIGH LEVEL
    • TOKENOMICS
      • Company Allocation
      • Founders Allocation
  • Products
    • THAT APP (DIGITAL WALLET)
      • The Merchant Directory
    • THAT NFTs
  • Extras
    • PARTNERS & PRESS RELEASES
    • SOCIALS / COMMUNITIES
    • FAQ
    • REGULATORY
    • DISCLAIMERS
    • GLOSSARY
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On this page
  • WHAT IS THAT (COIN)?
  • WHAT IS THAT'S VISION?
  • SO WILL THAT BE LIKE FIAT CURRENCY?
  • WHAT MAKES THAT UNIQUE?
  • WHAT IS A LIQUIDITY POOL?
  • WHAT IS AN AUTOMATED MARKET MAKER (AMM)?
  • WHERE CAN I FIND MORE INFORMATION?
  1. Extras

FAQ

WHAT IS THAT (COIN)?

THAT is a digital currency (cryptocurrency), issued on the Ethereum blockchain (bridgeable to other networks, such as Polygon).

WHAT IS THAT'S VISION?

To empower individuals worldwide through a globally accessible and usable cryptocurrency. This translates into becoming the world's most trusted, reliable, and usable cryptocurrency. For a better understanding of why THAT exists, please see the PROBLEMS WE'RE SOLVING section of the whitepaper.

SO WILL THAT BE LIKE FIAT CURRENCY?

In all the positive ways, yes. Our project merges the core benefits of cryptocurrency and fiat currency; introducing a new cryptocurrency that everyday people (and merchants) can easily use for everyday transactions with near-zero fees.

WHAT MAKES THAT UNIQUE?

THAT is bridging the gap between crypto 'ownership' and everyday crypto 'usage'. There are currently an estimated 320 million people invested in cryptocurrency worldwide, yet only around 18,000 businesses/companies accept any form of cryptocurrency as a direct payment method. Our market testing gives us confidence that we will be able to acquire more merchants than the rest of the cryptocurrency market combined within 12 months (post-public launch). THAT's mission is to be the most usable cryptocurrency on the planet.

WHAT IS A LIQUIDITY POOL?

A crypto liquidity pool is a smart contract, with crypto tokens locked for the purpose of providing liquidity.

WHAT IS AN AUTOMATED MARKET MAKER (AMM)?

An Automated Market Maker (AMM) is a tool used in decentralised exchanges that utilise so-called liquidity pools, which store coins or tokens that are locked in a smart contract. Liquidity pools are used to facilitate trades between those assets. Instead of a traditional model of buyer and seller market, a liquidity pool acts as the counterparty for the trades.

WHERE CAN I FIND MORE INFORMATION?

You can find more information on our website: that.global. Stay tuned and up-to-date with future updates on our social media channels found in the SOCIALS / COMMUNITIES section of the whitepaper.

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Last updated 1 month ago