Cryptocurrencies: 25799
Markets: 103857
Market Cap: $2,671,173,322,305     
24h Vol: $42,155,958,097
1 Time (TIME) Rank 7394
$0.025255
Time (TIME) Rank 7394
Website Twitter
0 TIME

Time (TIME)

Time (TIME)

TIME

Time (TIME) Price
$0.03

Time (TIME) 24h Vol
$0

Time (TIME) Market Cap
$0

Time (TIME) Circulating
0

Full Name
Time (TIME)
Symbol
TIME
Algorithm
ETH Token
BTC Price
0.00000030 BTC
BTC Market
0 BTC
BTC 24h Vol
0 BTC
Total Coins Mined
0 TIME
1h
0 %
24h
-1.6 %
7d
-3.73 %
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 N/A
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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