The Champ Coin (TCC) is a cryptocurrency developed by Mahesh Verma. The coin, which launched in 2017, is scheduled to operate via a centralized framework for its first year of operation before switching to a decentralized model. 50% of the coins were premined and the remainder will be mined. Due to this architecture, some concerns have been raised as to the fairness of The Champ Coin.
Transactions clear quickly and the value of The Champ Coin is priced against the Indian rupee, in keeping with the origins of its developer. The coin uses a hybrid proof of work and proof of stake model to secure the network and is currently only available from its own TCC Exchange.