Hello Chronobank community.
I am a hobbyist developer and I have fun doing some cryptocurrency projects.
I am planning to deploy a new blockchain based on ethereum and my plan is to take a snapshot of the TIME tokens at a predetermined future block and it will be the basis of the genesis block of my upcoming project. And all you will need is the private key of your TIME to claim your tokens. I have looked at several erc20 tokens and this is my best candidate so I am going for this.
So basically I will launch a new blockchain and 90% of the supply will be distributed to TIME holders (with certain rules like you should have 10 to 1000 TIME to be included).
And then at a later date, we will go live and the genesis will include a hash of a future ethereum block to make the launching as fair as possible.
Please provide me feedback of what you think.
If I will get a majority positive feedback from you, we can do this within the month.
I am also open to suggestions.
I really like the idea but what i dont understand is why you wont get EVO when you have more than 1000 TIME? so do i have to split my tokens to 2 different addresses if i want to claim your token? this would make no sense at all.