Time Rank 4763
$4.0E-6
Time Rank 4763
Website Twitter
0 TIME

Time
Time
TIME

Time Price
$ 0.0000

Time 24h Vol
$18,341

Time Market Cap
$0

24h Vol
1 BTC
1 H
-0.02 %
24 H
-3.34 %
7 d
-3.34 %
Today Time price in US dollars is currently 0.0000 USD, and if converted to Bitcoin is 0.00000000 BTC. A total of N/A are currently circulating in the Market. Time price is currently experiencing a change of -3.34 %, and check here all cryptocurrency. Over the past 24 hours 0.000 M US dollars Time have been traded on Crypto Exchanges. Get Time's progress by adding it to your favourites and creating a free portfolio.
Full Name
Time
Symbol
TIME
Algorithm
BTC Price
0.00000000 BTC
BTC Market
0 BTC
BTC 24h Vol
1 BTC
Total Coins Mined
0 TIME
1h
-0.02 %
24h
-3.34 %
7d
-3.34 %
Twitter
Website
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Description

Description


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.

ICO Details

ICO Details


)

The vision of ChronoBank (CBE) is to launch a stable cryptocurrency, Labor Hour Tokens (LHT) backed by an agreement to redeem tokens for one hours worth of labor at the Australian national average wage. Over the course of two months, ChronoBank collected a total of $5.4 million in a number of different currencies. This included:

· 3,123 BTC
· 14,385 LTC
· 48,945 ETH
· 33,043 ETC
· 13,587,411 NEM
· 385,963 WAVES
· 416,566 EMC
· $1,108,180

12% of tokens have been allocated to the team and the remaining 88% distributed to ICO investors.

Business plan

ICO Status Finished
Token Supply 710113
Start Date 2016-12-15
End Date 2017-02-15
Fund Raised (BTC) 3,123 BTC, 14,385 LTC, 48,945 ETH, 33,043 ETC, 13,587,411 NEM, 385,963 WAVES, 416,566 EMC, $1,108,180
Fund Raised (USD) 5400000
Start Price (USD) 7.6
Security Audit Company N/A
ICO Legal Form N/A
ICO Jurisdiction N/A
Legal Advisers N/A
Blog https://blog.chronobank.io/@Chronobank
White Paper https://chronobank.io/files/whitepaper.pdf

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