TOP (TOP) Cryptocurrency is the utility token of the TOP Network that was created on the Ethereum blockchain and could be used for staking on the TOP mainnet.

TOP Network describes itself as a decentralized open communication network that provides cloud communication services on the blockchain. TOP offers secure, low-cost services such as messaging, calling, video, VPN, CDN, IoT data sharing, Storage, Live Streaming, and more. ^[1][2]

The TOP network aims at building a public communication network infrastructure that can provide any kind of communication services.

This networking system connects thousands of servers and millions of users.

Basically, each server on users' computers can be considered as a node in the network.

The TOP network provides SDK and API for developers to quickly build any communication apps or any applications with communication features. All communications on TOP network applications are interoperable.

The TOP chain is a public chain capable of processing over 100,000 transactions per second (TPS). Equipped with high TPS, airtight security, and extremely fast confirmation times, TOP Chain is a reliable platform for services demanding high-frequency transactions such as communications, gaming, social media, big data, artificial intelligence, IoT, and more. TOP Chain is powered by an innovative three-layered ledger architecture consisting of the main chain, service chains, and off-chain ledgers, and is capable of handling the real-world business of any size and volume.^[17]

The token economy is core to the ecosystem.

The TOP(TOP) is an ERC20 cryptocurrency built on top of the Ethereum blockchain.

TOP has a Total supply of 20,000,000,000 TOP coins.

Buybacks and burning have been effective in maintaining the value of the TOP stocks.

In the TOP (TOP) token economy, the token will be burned. 10% of the communication service fee is burned. For example, let’s say a VPN app needs to pay 100 TOP tokens to some service nodes. In this case, 10 TOP tokens will be burned, and the nodes will receive 90 tokens. Secondly, apps need to deposit tokens to access resources such as bandwidth, storage, and CPU. Lastly, every validator needs to stake tokens and receive votes from token holders based on token ownership.

To mine TOP tokens, users will need to run nodes on TOP, vote for nodes, and participate in on-chain governance in the TOP Ecosystem.

Miners provide compute power or bandwidth to earn rewards by validating transactions and producing blocks. Unlike many so-called "staking services" and " lending markets" that requires users to deposit tokens into a centralized entity to earn interest, Token holders staking on TOP (TOP) are never asked to transfer their acquired tokens to a third-party. Instead, TOP tokens are directly locked into smart contracts, which removes counterpart risks. Users can participate on TOP Network by:

TOP tokens are listed on several cryptocurrency exchanges such as

Users can sell TOP tokens for other cryptocurrencies or cash on those listed exchanges and can store their TOP tokens in TOP wallets (i.e HiWallet and Cobo Wallet)

Supporting partners of the TOP network are detailed below:

TOP (TOP) cryptocurrency is active on social media and this network has accounts on Twitter^[11], Facebook^[12], Medium^[13], and Discord^[14].