What are TiliaBuds?
Tilia.Earth is aiming to create a new, decentralized virtual economy. TiliaBuds will be distributed to all Tilia.Earth property holders in the form of cryptocurrency sent to the wallet associated with the NFT.
How does the TiliaBuds system work?
TiliaBuds will be paid on a regular basis, directly to your Metamask wallet in the form of Matics. This is a test phase that will last three months (October 2022 to December 2022).
TiliaBuds are calculated based on a Tiliascore that considers several key factors, including:
- The initial purchaseminting price of the property
- The architectural complexity of the building
What is Matic?
Matic is a cryptocurrency used on the Polygon blockchain. It is quite successful and is easily interchangeable with
dollars or euros on exchange platforms.
How can I convert my Matics into US dollars (or another currency)?
1. You must first transfer your Matics to your exchange (e.g. Coinbase).
2. Once the transfer is complete, convert your Matics into the currency of your choice.
You can then transfer the funds directly to your bank account.
Please note that the transaction may take a while.
Non-exhaustive list of exchanges available:
• Binance: https://www.binance.com/en
• Crypto.com: https://crypto.com/eea/
• Kraken: https://www.kraken.com/
• Coinbase: https://www.coinbase.com/
• Rain: https://www.rain.com/