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1  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [Bounty][ICO] ChronoLogic - Proof-of-Time token on Ethereum on: September 04, 2017, 08:27:49 PM
Week 4 stakes have been updated and you may now remove your signatures.

Sorry sir can you change my rank to full member.
Thanks.

Hello Bounty Manager,

My BTT forum Position:   Full Member to> Sr. Member
i updated chronologic signature code. Thnks

As both of you only changed forum rank after Week 4 had already started I am not upgrading your ranks.

I have some questions:

In bounty Thread over bitcointalk ( https://bitcointalk.org/index.php?topic=2065455.0 ) it says The ChronoLogic bounty will run until September 3rd, 23h59 UTC. The total bounty pool will be 0.8% of the total DAY tokens sold during the ICO.
Signature bounty: Payment: 80% of the total bounty pool.

So, Total DAY tokens reserved for signature bounty is 80% of 0.8% of total Day raised during ICO.

which gives: 0.0064*486693 = 3114.83 DAY tokens

Assuming that total signature stakes will be around 3600 , so each stake equals to : 0.8652 DAY tokens.

so if a member earns 200 stakes , so he will receive *173 DAY* tokens.

which is insane..

equals to 7.2 ETH

So doesnot it seems Chrono will be driven by Bounty Hunters??


*I would like to hear some official comments on this...*

0.8% is quite low on the normal scale of ICO bounty programs, still we had hoped to get 50-100 members signature members relatively early on but that never happened. The end result is that those who believed in the project early on are going to end up benefiting a lot, and as others have mentioned in previous posts a big payout is not unheard of.
2  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [Bounty][ICO] ChronoLogic - Proof-of-Time token on Ethereum on: August 28, 2017, 06:00:33 PM
As the ICO is likely to end soon we are closing the signature bounty to new participants. Existing participants are still eligible for week 4 stakes for posts up to September 3rd 23:59 UTC regardless of when the ICO ends.

Week 3 stakes will be updated by Tuesday evening UTC.
3  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [Bounty][ICO] ChronoLogic - Proof-of-Time token on Ethereum on: August 28, 2017, 03:33:37 PM
The ICO has already raised over 10000 ETH and new signature campaign signups will close soon, last chance to join this bounty campaign.
4  Local / Annonces / Re: [ANN][ICO] ChronoLogic - jeton "Proof-of-Time" sur Ethereum on: August 27, 2017, 08:32:34 PM
L'ico commence demain, le 28 août, voici une mise à jour en ce qui concerne les règles de l'ico (évidemment en anglais) :

https://blog.chronologic.network/ensuring-a-fair-equal-distribution-of-self-mining-timemints-e59e4ae7d241
5  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [Bounty][ICO] ChronoLogic - Proof-of-Time token on Ethereum on: August 24, 2017, 06:17:06 PM
Week 2 stakes have been updated on the spreadsheet.

A quick reminder to all participants to please use the #bounty channel on slack for all bounty support requests.
6  Local / Annonces / Re: [ANN][ICO] ChronoLogic - jeton "Proof-of-Time" sur Ethereum on: August 22, 2017, 12:30:22 AM
Il n'y a pas beaucoup d'inscriptions pour les bounties.. Ce qui veut dire.. Une récompense élevé  Wink
7  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [Bounty][ICO] ChronoLogic - Proof-of-Time token on Ethereum on: August 20, 2017, 01:21:08 AM
dev i join signature but why my name in spreadsheet yellow? my status "warning to many 1 liner"
can you tell me more info detail?my sccrenshoot

Please make more constructive posts, yellow indicates a warning not a rejection. In future please go to slack for bounty support.

Hey guys I was checking the spreadsheet if I got some stacks. And I didn't and you wrote smth like incorrect profile URL but its correct!
https://docs.google.com/spreadsheets/d/1UnFV4O6-G_QB5S6wBLksFLjgZtmZszwxZ7BM8u1AG_0/edit#gid=97559282

Please apply my stacks!

Thank you in advance!

The URL you gave was: https://bitcointalk.org/index.php?action=profile

This sends people to their own profile and not yours, the correct link you should have submitted is: https://bitcointalk.org/index.php?action=profile;u=863522

I will reflect this update and fix your week 1 stakes during the week 2 calculations over the next days. In future please go to slack for bounty support.
8  Local / Annonces / Re: [ANN][ICO] ChronoLogic - jeton "Proof-of-Time" sur Ethereum on: August 18, 2017, 02:02:49 PM
L'ico commence dans 10 jours !  Smiley
9  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [Bounty][ICO] ChronoLogic - Proof-of-Time token on Ethereum on: August 18, 2017, 01:33:59 PM
Why the spreadsheet is still not updated?

First week stakes have been updated on the spreadsheet.
10  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [Bounty][ICO] ChronoLogic - Proof-of-Time token on Ethereum on: August 17, 2017, 07:24:17 AM
The translation bounty is now closed for new participants, the moderation stakes will be counted at the end of the campaign.
11  Local / Annonces / Re: [ANN][ICO] ChronoLogic - jeton "Proof-of-Time" sur Ethereum on: August 09, 2017, 11:21:58 AM
C'est quoi les tokens COM ?

L'équipe a l'air intéressante si elle est réelle.

Le projet peut être intéressant aussi, même si comme ça au premier abord je saisis pas tout.

Les tokens COM sont juste un exemple futur, ou une société lance leur propre proof-of-time token.

Pour essayer d'expliquer en bref : A la base il y a 3333 TimeMints maximum liées chacune à une adresse Ethereum, pendant l'ICO.
Ces TimeMints mineront des DAY token sur le passage du temps, dépendant des règles établies plus haut, ainsi que dans le whitepaper (livre blanc).
On peut donc voir la base, en parlant d'un point de vue monétaire stricte, comme des sortes de "masternode" / "Ferme de minage passive" avec un token qui devrait lui même être déflationniste basé sur les règles de ChronoLogic et prenant en compte le ChronoPower, et le halving du ChronoPower.

A terme, les DAY token seront utilisés eux-mêmes pour lancer des projets proof-of-time par des tiers,  ChronoLogic souhaite devenir une plateforme à part entière qui ne soit pas liée à la plateforme Ethereum, via Chronos.
12  Local / Annonces / Re: [ANN][ICO] ChronoLogic - jeton "Proof-of-Time" sur Ethereum on: August 08, 2017, 08:25:26 AM
Merci à vous les "nazis de la grammaire", je parle tellement anglais que j'en oublie le français, j'ai pris en compte vos commentaires, cependant Wink)
Il serait intéressant de parler du contenu, plutôt que de la forme, qu'en pensez-vous ?
13  Local / Annonces / Re: [ANN][ICO] ChronoLogic - jeton "Proof-of-Time" sur Ethereum on: August 07, 2017, 11:01:59 PM
Bounties,  pour ceux que ça intéresse  Wink :

(manifestement en anglais)

https://bitcointalk.org/index.php?topic=2065455.msg20621748#msg20621748
14  Local / Annonces / [ANN][ICO] ChronoLogic - jeton "Proof-of-Time" sur Ethereum on: August 07, 2017, 10:58:28 PM



Le temps est le "bien" le plus précieux pour l'être humain
bien que la plupart des humains mesurent la richesse d'un individu par le nombre de ressource que la personne a pu accumulée
souvent en ignorant la quantité de temps sacrifié en échange de ces ressources éphémères.

Nous aimerions changer cela.

Qu'est-ce que c'est ?

Les premières générations de crypto monnaies ont été basé sur les concepts de minage & staking
ChronoLogic fonctionne sur le proof-of-time. Dans son premier cas d'utilisation, ChronoLogic attache le temps à un jeton réserve de valeur appelé DAY, basé sur la chaîne de bloc Ethereum.

Détails de L'ICO



L'ICO prendra place le 28 Août et durera pour un maximum de 7 jours.

Il y a deux types de limites qui déprendront de laquelle est atteinte en premier. Cela arrive après que 38,383 ETH de fonds soit levé ou que L'ICO atteint 3,194 contribution unique.

En plus de cela, 33 TimeMints ont été réservé pour la pré-vente, ainsi que 18 TimeMints pour l'équipe et 88 TimeMints pour des enchères future. Les détails de ces TimeMints peuvent être trouvés dans le livre blanc,
.





Comment ça marche ?

Chaque participant de l'ICO contribuera entre 1 et 333 ETH et leur adresse Ethereum deviendra une des 3,333 TimeMints.
1 ETH = 24 DAY. Avec un maximum de 333 ETH par TimeMint.
Chaque TimeMint créera des jetons DAY basé sur le temps et sur le ChronoPower des Timemints.
Les participants de l'ICO bénéficieront d'avoir une time TimeMint liée à leur addresse ETH de contribution, et recevront des jetons DAY, tout les deux pouvant être échangé.
Comme le concept de Proof-of-Time est basé sur un contrat intelligent d'Ethereum, la création de nouveau jeton sera basé sur votre adresse et le passage du temps.
Pour limiter la réserve total de DAY dans le future, le ChronoPower de chaque TimeMint sera divisé par deux tout les 88 jours.

Qu'est-ce que le ChronoPower ?

Le ChronoPower est le pouvoir de création de jetons d'une TimeMint spécifique.
Chacune des 3,333 TimeMints a un ChronoPower différent , allant de 0.5% à 1% de jeton DAY additionnel crée par jour.

Et si je veux échanger mes TimeMints ?

Les titulaires de TimeMints peuvent vendre leurs TimeMints à un acheteur.
ChronoLogic a un procédé appelé TimeTx qui permet la vente/ transfert de TimeMint à un acheteur/vendeur, à travers un processus de contrat intelligent.

Pour les détails complet du procédé, étudiez notre  livre blanc en anglais.




Quelles sont les utilisations réelles d'une chaîne de bloc Proof-of-Time ?

Il y a beaucoup de cas d'utilisation possible, voici quelques exemples venant du livre blanc :

Cas d'utilisation dans le domaine de la finance


Dans la finance, beaucoup de titres incluant des titres de créance sont énormément dépendant du temps.
Par exemple, un instrument de créance avec un terme de 5 ans payant 12% est concrètement un contrat intelligent qui peut résider sur la future chaîne de bloc Proof-of-Time

La société lance leur jeton Proof-of-Time pour aider à récolter & payer leur crypto créance à travers l'émission d'un contrat intelligent.
Quand un investisseur envoie des DAY sur l'adresse de réception spécifique, l'investisseur en retour reçoit le token COM de la société. L'investisseur 1 envoie 200 DAY et reçoit 1000 COM.

La technologie Proof-of-Time de ChronoLogic identifie automatiquement l'adresse de l'envoyeur comme une TimeMint et des tokens COM additionnels sont produit comme les intérêt s'accumulent.

Afin de payer la créance en retour, la société a besoin de renvoyer le montant de DAY emprunté respectivement plus le montant additionnel accumulé.


Les paiements d’intérêts peuvent aussi arriver automatiquement par l’adresse de réception, envoyant de sa réserve de DAY, les intérêts respectifs à payer à n'importe quelle adresse en possession de COM.

Au vu de l’inter-connectivité de la chaîne de bloc, les investisseurs peuvent trader les COM entre eux même , et les remboursements arrivent alors à travers le réseau dépendant de qui détient des COM.

Cas d'utilisation dans le domaine des transports


Quand quelqu'un s'enregistre pour un train, la personne donne son adresse. Si le train a du retard, le contrat intelligent est activé.

Si le train est en retard, alors pour chaque minute, ou 10 minutes que le train est en retard, le client reçoit le jeton Proof-of-Time de la société.
Ce jeton peut ensuite être échangé plus tard pour du cash ou utilisé afin d'acheter des tickets additionnel de la société dépendant des termes du contrat de la société, lequel est modelé sur leur contrat intelligent.





Quels sont nos objectifs ?

Chez ChronoLogic, nous voulons construire une plate-forme à travers le futur concept Chronos Proof-of-Time, sur lequel des jetons Proof-of-Time additionnels & projets seront lancés, et peut être considéré comme notre plus important moteur.
Lesquels auront eux mêmes besoin de jetons DAY / TimeMints pour fonctionner.

Objectifs ChronoLogic 2017 :

• Développer un mécanisme Proof-of-Time pour l'espace financier.
• Béta tester l'implémentation d'un cas d'utilisation financier, avec le partenaire crypto ChronoLogic de capital privé, "Wired Investors".
• Developper une fonctionnalité d'enchère pour un échange décentralisé de jetons DAY & de TimeMints DAY.
• Finaliser le développement de la feuille de route pour la futur plate-forme Proof-of-Time Chronos.
• S'associer, accompagner & lancer 6 projets chaîne de bloc Proof-of-Time.

Objectifs ChronoLogic 2018 :

• Déployer le cas d'utilisation financier Proof-of-Time pour le public.
• Travailler avec d'autres partenaires pour beta tester des cas additionnels  Proof-of-Time.
• Développer la plate-forme Chronos Proof-of-Time pour permettre le lancement de jetons Proof-of-Time par des tiers.
• S'associer, accompagner & lancer 18 projets de chaîne de bloc Proof-of-Time.



Notre équipe





Pour plus d'informations sur ChronoLogic, visiter notre site web et allez voir notre livre blanc.

15  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] ChronoLogic - Proof-of-Time token on Ethereum on: August 04, 2017, 07:57:06 PM
The ChronoLogic bounty campaign is now live: https://bitcointalk.org/index.php?topic=2065455.0

We are running a translation and signature bounty for 0.8% of the total DAY tokens sold during the ICO.
16  Alternate cryptocurrencies / Bounties (Altcoins) / [Bounty][ICO] ChronoLogic - Proof-of-Time token on Ethereum on: August 04, 2017, 06:55:12 PM




The ChronoLogic bounty will run until September 3rd, 23h59 UTC. The total bounty pool will be 0.8% of the total DAY tokens sold during the ICO.


All bounty support including questions, complaints, corrections or changes in rank should be done in our slack on the #bounty channel.

Users torfred and chronomaker will answer you as soon as possible.

Any support requests made in this thread or through bitcointalk pm will be ignored.


General terms and conditions:


We may remove you from the campaign if we feel you are abusing it in anyway. Anyone removed from the campaign will automatically lose their stakes.

Anyone with red trust be excluded from participation in the campaign.

We reserve the right to add or modify the rules in any way we see fit.

Payment will be made in DAY tokens at the end of the ICO once we have had adequate time to count and distribute the tokens.


Translation and moderation bounty:


Payment: 20% of the total bounty pool

ANN thread: 100 stakes
Moderation: 5 stakes for each valid post by OP

The Translation bounty is now closed to new participants, for a complete list see the updated spreadsheet

Rules:


Only high quality translations will be accepted, any translations made using translation tools or those of low quality will be rejected and no stakes will be paid out.

The translator must also keep the thread active by posting official announcements and news, as well as relaying any important questions to the main thread.
Failure to keep the thread up to date can result in reduced payment or disqualification.

For moderation stakes, only valid posts with updated information or answers to questions will be rewarded with stakes.
Any attempts to inflate the post count will result in severe penalties.





Signature bounty:


Payment: 80% of the total bounty pool

Weekly rates:

Member 15 stakes
Full member 30 stakes
Senior member 60 stakes
Hero and Legendary members 90 stakes
Avatar 5 stakes
Personal text 5 stakes


Rules:


Minimum 15 constructive posts per week of which a majority should be in English threads related to altcoins.

Weekly stakes will be counted from Monday 00:00 UTC until Sunday 23:59 UTC with the exception of the first week which will be counted from the time this thread was posted until Sunday, August 13th.

Posts should be spread out throughout the week and not made on a single day or two.

Spamming or making unconstructive posts will result in disqualification.

The signature must be worn at all times until the campaign has ended AND all stakes have been counted, anyone removing the signature early will lose their stakes.


How to join:

The signature campaign is already closed to new signups


Please join our slack and come to the channel #bounty as all support requests made in bitcointalk will be ignored.

Spreadsheet of participants: https://docs.google.com/spreadsheets/d/1UnFV4O6-G_QB5S6wBLksFLjgZtmZszwxZ7BM8u1AG_0/edit#gid=97559282


Personal message:

ChronoLogic: It might be worth your time


Avatars:



https://chronologic.network/bitcointalk/avatars/Avatar1.jpg


https://chronologic.network/bitcointalk/avatars/Avatar2.jpg


Signatures:

Member:

CHRONO LOGIC ■ ▬■The first Proof-of-Time platform■▬ ■ CHRONO LOGIC
Only 3,333 Self-Mining Ethereum Masternodes available
▬▬▬▬▬▬▬▬ Early Contribution Period Ends Aug 28th ▬▬▬▬▬▬▬▬

Code:
[center][url=https://chronologic.network/]CHRONO LOGIC ■[/url] ▬■The first Proof-of-Time platform■▬ [url=https://chronologic.network/]■ CHRONO LOGIC[/url]
Only 3,333 Self-Mining Ethereum Masternodes available
▬▬▬▬▬▬▬▬ [url=https://chronologic.network/]Early Contribution Period Ends Aug 28th[/url] ▬▬▬▬▬▬▬▬[/center]


Full Member:


Code:
[center][url=https://chronologic.network/][b][font=Arial][color=#0056f3]CHRONO LOGIC[/color][/font][/b] [color=#0056f3]■[/color] [b][font=Arial][color=#0056f3][color=#000000]▬[color=#00040D]■[color=#00091B]T[color=#000E28]h[color=#001336]e [color=#001C51]f[color=#00215E]i[color=#00266C]r[color=#002B79]s[color=#002F87]t [color=#0039A2]P[color=#003EAF]r[color=#0042BD]o[color=#0047CA]o[color=#004CD8]f[color=#0051E5]-[color=#0055F3]o[color=#0051E5]f[color=#004CD8]-[color=#0047CA]T[color=#0042BD]i[color=#003EAF]m[color=#0039A2]e [color=#002F87]p[color=#002A79]l[color=#00266C]a[color=#00215E]t[color=#001C51]f[color=#001743]o[color=#001336]r[color=#000E28]m[color=#00091B]■[color=#00040D]▬[/color][/color][/font][/b] [color=#0056f3]■[/color] [b][font=Arial][color=#0056f3]CHRONO LOGIC[/color][/font][/b]
[font=Arial][b][color=#0056f3][color=#000000]O[color=#000309]n[color=#000612]l[color=#00091C]y [color=#00102E]3[color=#001338],[color=#001741]3[color=#001A4A]3[color=#001D54]3 [color=#002466]S[color=#002770]e[color=#002A79]l[color=#002E82]f[color=#00318C]-[color=#003495]M[color=#00389E]i[color=#003BA8]n[color=#003EB1]i[color=#0042BA]n[color=#0045C4]g [color=#004CD6]E[color=#004FE0]t[color=#0052E9]h[color=#0055F2]e[color=#0052E9]r[color=#004FE0]e[color=#004CD6]u[color=#0048CD]m [color=#0042BA]M[color=#003EB1]a[color=#003BA8]s[color=#00389E]t[color=#003495]e[color=#00318C]r[color=#002E82]n[color=#002B79]o[color=#002770]d[color=#002466]e[color=#00215D]s [color=#001A4A]a[color=#001741]v[color=#001338]a[color=#00102E]i[color=#000D25]l[color=#00091C]a[color=#000612]b[color=#000309]l[color=#000107]e[/color][/b][/font]
[color=black]▬▬▬▬▬▬▬▬[/color] [b][font=Arial][color=#0056f3]Early Contribution Period Ends Aug 28th[/color][/font][/b] [color=black]▬▬▬▬▬▬▬▬[/color][/url][/center]


Senior Member:




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Code:
[center][table][tr][td][font=monospace][size=2px][color=#0056f3]


         ▄▄████████▄▄
     ▄▄██▀▀        ▀▀██▄▄
   ▄██▀                [color=#cdcdcd]▀██▄[/color]
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 ██           ██           [color=#cdcdcd]██[/color]
▐█            ██            [color=#cdcdcd]█▌[/color]
██            ██            [color=#cdcdcd]██[/color]
██            ██████        [color=#cdcdcd]██[/color]
▐█                          [color=#cdcdcd]█▌[/color]
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[/color][/size][/font][/td]

[td][left][url=https://chronologic.network/][size=16px][b][font=Arial][color=#0056f3]CHRONO
LOGIC[/color][/font][/b][/size][/url][/left][/td]

[td][b][size=8px][color=#0056f3]■


■[/color][/size][/b][/td]

[td][center][color=transparent][size=2px].[/size][/color]
[url=https://chronologic.network/][size=13pt][b][font=Arial][color=#0056f3][color=#000000]▬[color=#00040D]■[color=#00091B]T[color=#000E28]h[color=#001336]e [color=#001C51]f[color=#00215E]i[color=#00266C]r[color=#002B79]s[color=#002F87]t [color=#0039A2]P[color=#003EAF]r[color=#0042BD]o[color=#0047CA]o[color=#004CD8]f[color=#0051E5]-[color=#0055F3]o[color=#0051E5]f[color=#004CD8]-[color=#0047CA]T[color=#0042BD]i[color=#003EAF]m[color=#0039A2]e [color=#002F87]p[color=#002A79]l[color=#00266C]a[color=#00215E]t[color=#001C51]f[color=#001743]o[color=#001336]r[color=#000E28]m[color=#00091B]■[color=#00040D]▬[/color][/color][/font][/b][/size]
[font=Arial][size=9pt][b][color=#0056f3][color=#000000]O[color=#000309]n[color=#000612]l[color=#00091C]y [color=#00102E]3[color=#001338],[color=#001741]3[color=#001A4A]3[color=#001D54]3 [color=#002466]S[color=#002770]e[color=#002A79]l[color=#002E82]f[color=#00318C]-[color=#003495]M[color=#00389E]i[color=#003BA8]n[color=#003EB1]i[color=#0042BA]n[color=#0045C4]g [color=#004CD6]E[color=#004FE0]t[color=#0052E9]h[color=#0055F2]e[color=#0052E9]r[color=#004FE0]e[color=#004CD6]u[color=#0048CD]m [color=#0042BA]M[color=#003EB1]a[color=#003BA8]s[color=#00389E]t[color=#003495]e[color=#00318C]r[color=#002E82]n[color=#002B79]o[color=#002770]d[color=#002466]e[color=#00215D]s [color=#001A4A]a[color=#001741]v[color=#001338]a[color=#00102E]i[color=#000D25]l[color=#00091C]a[color=#000612]b[color=#000309]l[color=#000107]e[/color][/b][/size][/font]
[/url][/center][/td]

[td][b][size=8px][color=#0056f3]■


■[/color][/size][/b][/td]

[td][color=transparent][size=4px].[/size][/color]
[right][url=https://chronologic.network/][size=8pt][b][font=Arial][color=#0056f3]Early Contribution Period[/color][/font][/b][/size]
[size=12pt][b][font=Arial][color=#0056f3]Ends Aug 28th[/color][/font][/b][/size][/url]
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[td][left][url=https://chronologic.network/][size=16px][b][font=Arial][color=#0056f3]CHRONO
LOGIC[/color][/font][/b][/size][/url][/left][/td]

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[right][url=https://chronologic.network/][size=8pt][b][font=Arial][color=#0056f3]Early Contribution Period[/color][/font][/b][/size]
[size=12pt][b][font=Arial][color=#0056f3]Ends Aug 28th[/color][/font][/b][/size][/url]
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17  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] ChronoLogic - Proof-of-Time token on Ethereum on: July 28, 2017, 02:36:51 PM
how much the total token supply??

Maximum supply will depend on contributions, each ETH contributed will receive 24 DAY tokens with a hard cap of either 38,383 ETH or once there are 3,194 unique contributors.
18  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] ChronoLogic - Proof-of-Time token on Ethereum on: July 28, 2017, 01:46:46 PM
Hello! Let me reserve the translation of the bitcointalk Russian thread/site/whitepaper

Details about any possible bounty will be released at a future point in time, we are not currently accepting any reservations.
19  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] ChronoLogic - Proof-of-Time token on Ethereum on: July 28, 2017, 01:43:50 PM
The ChronoLogic bounty campaign is now live: https://bitcointalk.org/index.php?topic=2065455.0
20  Alternate cryptocurrencies / Tokens (Altcoins) / [ANN]ChronoLogic - Proof-of-Time token on Ethereum on: July 28, 2017, 01:42:46 PM
Thank you all who have contributed. The contribution period is now officially CLOSED.
 





Time is the most valuable “asset” for humans,
yet most of mankind measures an individual’s wealth by the amount of resources the person has been able to accumulate,
often ignoring the amount of time sacrificed in exchange for these transient resources.

We would like to take part in changing that.

What is it?
The first generation of cryptocurrencies have been based on the concepts of mining & staking.
ChronoLogic works on proof-of-time. In its first use-case ChronoLogic pegs time to a store of value token named DAY based on the Ethereum blockchain.

ICO details



The ICO will take place on August 28th and will last for a maximum of 7 days.

There are two types of hardcaps which will trigger dependent on which one is reached first. This will happen after either 38,383 ETH is raised or there are 3,194 unique contributors.

In addition 33 TimeMints were reserved for pre-sale, 18 TimeMints for the team and 88 TimeMints for future auctions. The details of these TimeMints can be found on the whitepaper.





How does it work?

Each ICO participant will contribute between 1 and 333 ETH and their Ethereum address will become one of 3,333 TimeMints.
Where 1 ETH = 24 DAY. With a maximum of 333 ETH per timemint.
Each TimeMint will create DAY tokens based on time and the TimeMint’s ChronoPower.
ICO participants will benefit both from having a TimeMint linked to their contribution address and the DAY tokens they purchase, both of which can be traded.
As the Proof-of-Time concept works based on an ethereum smart contract, the minting process will work automatically based on your address and the passage of time.
To limit the total supply of DAY in the future, each TimeMint’s ChronoPower will halve every 88 days.

What is ChronoPower?

ChronoPower is the minting power of a specific TimeMint,
Each of the 3,333 TimeMints has a different ChronoPower ranging from 0.5% to 1% additional DAY tokens minted per day.

What if I want to trade my TimeMint?

TimeMint holders may sell their TimeMint to a buyer.
ChronoLogic has a process called TimeTx that allows the sale/transfer of TimeMints to a buyer/receiver through a trustless smart contract process.

For full details about the process, check out our whitepaper.




What are the real use cases of a Proof-of-Time blockchain?

There are many possible use cases, here are a couple of examples from the whitepaper:

Finance Use Case

In finance, many securities including debt securities are heavily dependent on time. For example, a debt instrument with a 5 year term paying 12% is effectively a smart contract that can be housed on the future Proof-of-Time Blockchain.

The Company launches their Proof-of-Time token to help raise & pay their crypto debt via the issuance of a smart contract.
When an Investor sends DAY to the specific receiving address the Investor in return receives the Company’s token COM. Investor A sends 200 DAY and receives 1,000 COM.

Chronologic’s Proof-of-Time technology automatically identifies the sending address as a TimeMint and additional COM tokens are produced as interest accrues.

In order to pay the debt back the Company needs to send back the respective amount of DAY borrowed plus the additional amount accrued.

Interest payments can also happen automatically by the receiving address automatically sending from its DAY balance the respective interest payment to any addresses holding COM.

Because of the interconnectedness of the blockchain, investors can trade COM between each other and repayment then happens across the network depending on who holds COM.

Transportation Use Case

When checking in for a train one supplies their address. If the train is delayed the smart contract is activated.

If the train is delayed then for every minute or 10 minutes that it is delayed the customer receives the company’s Proof-of-Time token.
This token can then be redeemed later for cash or used in order to buy additional tickets from the Company depending on the company’s policy, which is modeled in their smart contract.





What are our goals?

We at ChronoLogic want to build a platform through the future Chronos Proof-of-Time concept, on which additional Proof-of-Time tokens & projects will be launched, and can be considered as our current most important driving force.
Which will themselves require DAY tokens / TimeMints to function.

ChronoLogic’s 2017 Goals:

• Develop a Proof-of-Time mechanism for the finance space.
• Beta test the implementation of a finance Proof-of-Time use case with ChronoLogic’s crypto private equity partner Wired Investors.
• Develop an auction functionality for a decentralized exchange of DAY tokens & DAY TimeMints.
• Finalize development roadmap for the future Proof-of-Time Chronos Platform.
• Partner, support & launch 6 Proof-of-Time blockchain projects.

ChronoLogic’s 2018 Goals:

• Deploy the finance Proof-of-Time use case for the public.
• Work with other partners to beta test additional Proof-of-Time use cases.
• Develop the open Proof-of-Time Chronos Platform to enable the launch of Proof-of-Time tokens by third parties.
• Partner, support & launch 18 Proof-of-Time blockchain projects.



Our Team





For more information about ChronoLogic please visit our website and take a look at our whitepaper.

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