The TimeCoin special sale is a real bargain and we explain why
The TMCN will have an incredible discount percentage
The TimeCoin (TMCN) special token sale was launched on February 15, 2021, with a 93% discount on the token’s current market value.
The token was launched on November 11, 2020 on BitForex as IEO, at a starting price of $ 7. After the launch, the price rose to $ 11, and has continued to rise.
TMCN’s price hit a record $ 8,500 on February 18, 2021, more than 12,142 times the initial price.
The project, the TimeCoin Protocol, was initially funded by a few investors who invested around $ 4 million, and only a very limited number of tokens were put on the market.
Now, with the Special Token Sale, the cryptocurrency will be sold on the OTC market.
The project bought back most of the tokens available in the market so as not to increase the selling pressure.
The tokens will also be available for trading on other cryptocurrency exchanges in the future.
So far no public or private sale of TimeCoin has taken place, rather small amounts of tokens have been sold during the OEI.
The special token sale serves specifically to raise funds for the development and improvement of the project, and in particular for the eSportStars dApp, which was launched in October 2020 and is expected to grow faster than anticipated.
The project requires further development, as well as the implementation of DeFi and NFT functionalities in the TimeCoin Protocol, and new funds to support development and commercialization costs.
For this reason, it has been decided to launch two sales of special tokens, outside the market, in order to allow the implementation of the DeFi functionality in the eSportStars and TimeTicket dApps, so that fans can support creators such as eSport players, streamers, VTubers, etc.
This will allow both creators and fans to receive additional tokens, as well as in-game items, art, and anime characters traded via NFT.
Out of a total of 100,000,000 existing TMCN tokens, 10,000,000 tokens will be sold during the two special token sales.
The first was launched on February 15 and will be valid until April 30, 2021. 5,000,000 TMCN tokens will be put on sale at a price of 0.00004 BTC, which represents a discount of more than 90% on the current market value.
The second will be launched on May 1, 2021 and will last until May 31, 2021. It will cover another 5,000,000 TMCN at a price of 0.00009 BTC, which represents a discount of more than 80% on the value of current market.
The total amount expected to be raised is approximately $ 10 million.
How to buy TimeCoin?
It will be possible to buy in BTC, USDT or ETH through the page TimeCoinProtocol.com/sale, where it is also possible to consult the table of token release periods.
To buy TMCN, the investor is strongly advised to prepare a private portfolio such as MetaMask. (An investor is NOT recommended to purchase TMCN using a cryptocurrency exchange account.)
What is Timecoin Protocol?
TimeCoinProtocol creates a more interconnected world in which people are free to work how and when they want; where the value falls on the worker and not on third parties; and where creatives can inexpensively and easily develop sharing economy services and deploy them without being stifled by established industry giants.
TimeCoinProtocol allows service providers to target users who match their criteria ; empower users to own and benefit from their reputation and solvency and inspire community-derived products and services that can compete with those of large corporations.
Compared to traditional sharing economy systems, TimeCoin Protocol is capable of:
- Redistribute a greater proportion of the value generated to the users who have created it.
- Significantly reduce transaction fees.
- Effectively use user metrics and other data in dApps.
- Minimize development and operating costs for service providers.
TimeCoin Protocol is designed to overcome the bottlenecks that currently prevent the sharing economy from achieving its full economic and social value.
Particular attention has been paid to developing a sophisticated and robust rewards system to ensure that value builds for active contributors.
All users who contribute to the ecosystem will receive token rewards commensurate with the work they have done.
The Timecoin Protocol ecosystem
TimeCoinProtocol comprises the following key components:
- An open source, community-managed decentralized sharing economy protocol as the basis for decentralized applications (dApps) through which the sharing economy is realized through the trading of goods and services among peers.
- A distributed storage facility called the Interplanetary File System (IPFS) that contains the product and service information for the dApps.
- The Ethereum blockchain that TCP runs on.
Anyone can create a dApp within the TCP ecosystem, with the help of the provided developer framework, and integrate the TimeCoin token.
By doing so, developers will benefit from TimeCoin’s incentivized rewards algorithm and will have the ability to leverage the TimeCoin Protocol network and attract new users to their dApp.
As the number of participants in the TCP ecosystem, a series of dApps oriented to the service economy, with full dApps functionality that will make it easier for users to navigate between services and applications.
TCP’s smart contract-based system eliminates the need for intermediaries in day-to-day operations, but benefits from the ability of intermediaries in day-to-day operations, but benefits from the ability to use human resources when needed, such as provision of third-party arbitrators for conflict resolution.
TimeCoin Protocol’s self-contained design keeps access fees to a minimum, leaving more revenue for service providers.
Do you want more information? Visit TimeCoin Protocol
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Disclaimer: This press release is for informational purposes only, the information does not constitute investment advice or an offer to invest. The opinions expressed in this article are those of the author and are not necessarily the views of CriptomonedaseICO, and should not be attributed to CriptomonedaseICO.
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