Time -
STO/ICO Status
Status
Successful
Symbol
TIME
Start Date
2016-12-15
End Date
2017-02-15
Amount Raised
79.812 BTC
Soft Cap
20,000 BTC
Initial Price
7.6 USD
Token Supply
...
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Basics
| Platform | Ethereum |
|---|---|
| Type | ERC20 |
| Accepting | BTC, LTC, ETH, ETC, NEM, WAVES, EMC, USD |
| Circulating Supply | N/A |
| KYC | N/A |
| Restricted Areas | N/A |
| Homepage | Website URL |
| White Paper | View/Download |
About
Time is an Ethereum-based token issued by Chronobank. It allows users to receive dividends from the fees and issuance of Labor-Hour Tokens (LHT) in the Chronobank system.
Chronobank is a system designed to tokenize labour-hours using blockchain technology. The system leverages smart contract techniques to automate a process whereby a country-specific ‘labour-hour’ token may be redeemed for real labour-hours via legally binding (traditional) contracts with labour-offering companies. The proposed ‘stable-coin’ LHT implementation provides a non-volatile, inflation-resistant digital asset transfer system.