Cryptocurrencies: 30342
Markets: 109864
Market Cap: $2,601,576,165,289     
24h Vol: $39,429,789,382
Cryptela — Cryptocurrency News and Market Intelligence
1 Time (TIME) Rank 3333
$0.065003
Time (TIME) Rank 3333
Website Twitter
710,113 TIME

Time (TIME)
Time (TIME)
TIME

Time (TIME) Price
$0.07

Time (TIME) 24h Vol
$0

Time (TIME) Market Cap
$46,159

Time (TIME) Circulating
710,113

Full Name
Time (TIME)
Symbol
TIME
Algorithm
ETH Token
BTC Price
20.47 BTC
BTC Market
14,536,477 BTC
BTC 24h Vol
0 BTC
Total Coins Mined
710,113 TIME
1h
0 %
24h
-2.49 %
7d
-25.67 %
Charts

Time (TIME)

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.

Full Name Time (TIME)
Start Date 2016-08-12
Algorithm ETH Token
Proof Type N/A
Website chronobank.io/
Twitter @ChronobankNews
Facebook N/A
Reddit N/A
Block Number N/A
Block Time N/A
Block Reward N/A
Total Coins Mined 710,113 TIME
Previous Total Coins Mined N/A
Net Hashes Per Second N/A
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 Corporation
ICO Jurisdiction Russia
Legal Advisers N/A
Blog https://blog.chronobank.io/@Chronobank
White Paper chronobank.io/files/whitepaper.pdf
Time (TIME) News
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