🌟🌟🌟🌟🌟🌟 Buy Chrono.tech TIME on KuCoin.com! 🌟🌟🌟🌟🌟🌟

[tomsmith26]

price ico token  extremely expensive. Hope  can be successful at launch

I do not think like this. The price is decided by The Market and the initial price is based on the potential and big co-founders of this project .
you can look at this link http://www.newsbtc.com/2016/11/28/chronobank-time-tokens-payouts-ico-investors

ChronoBank currently has plans to peg the Labor Hour tokens to four major fiat currencies — United States dollar, Australian dollar, euro, and pound sterling. The stable cryptocurrency, to be used for paying employees over ChronoBank network eliminates the concerns of employees being left shortchanged due to fall in the value of cryptocurrency at any point of time. The Labor Hour tokens will be supported by Ethereum, Waves and NEM blockchains.

Investors participating in the upcoming Time token crowd sale will be eligible for 0.15% of all the transaction fees received by the network. In addition, Time token holders will also receive rewards for every new Labor Hour token created on the platform. The rewards offered by the platform will progressively decrease as the number of transactions increase.

ICO investors holding Time tokens will receive an issuance fee of 3%, 2% and 1% during the years 2017, 2018 and 2019 respectively.  On the long run, investing in ChronoBank ICO is an attractive option as the platform is definitely going to grow. The ChronoBank project is being backed by Edway Group Limited — which is also one of the co-founders of the project. Edway Group is a leading Australian firm working in the recruitment sector for over 100 years. The industry expertise and contacts leveraged through this partnership are definitely going to increase ChronoBank’s adoption among some of the well-known firms across the world in no time.

[1714848213]

1714848213

[1714848213]

1714848213

[1714848213]

1714848213

[1714848213]

1714848213

[1714848213]

1714848213

[Chronobank]

It will take a lot of speculation, With the total supply 100.000.000 Time and the dev were offering 0.01 for each time token. It makes no sense in my mind. They have planned for selling up to 88% of total supply. Which means, the maximum milestones  880.000 BTC.
And I may think if the price of ICO depends on with the cap was reaching by crowd sale.
Is it possible was getting stable .01 for each token?

Total supply IS NOT 100.000.000!  Where did you get this number?

Total supply = amount of tokens sold + 12% reserve

[Chronobank_Community]

price ico token  extremely expensive. Hope  can be successful at launch

I do not think like this. The price is decided by The Market and the initial price is based on the potential and big co-founders of this project .
you can look at this link http://www.newsbtc.com/2016/11/28/chronobank-time-tokens-payouts-ico-investors

ChronoBank currently has plans to peg the Labor Hour tokens to four major fiat currencies — United States dollar, Australian dollar, euro, and pound sterling. The stable cryptocurrency, to be used for paying employees over ChronoBank network eliminates the concerns of employees being left shortchanged due to fall in the value of cryptocurrency at any point of time. The Labor Hour tokens will be supported by Ethereum, Waves and NEM blockchains.

Investors participating in the upcoming Time token crowd sale will be eligible for 0.15% of all the transaction fees received by the network. In addition, Time token holders will also receive rewards for every new Labor Hour token created on the platform. The rewards offered by the platform will progressively decrease as the number of transactions increase.

ICO investors holding Time tokens will receive an issuance fee of 3%, 2% and 1% during the years 2017, 2018 and 2019 respectively.  On the long run, investing in ChronoBank ICO is an attractive option as the platform is definitely going to grow. The ChronoBank project is being backed by Edway Group Limited — which is also one of the co-founders of the project. Edway Group is a leading Australian firm working in the recruitment sector for over 100 years. The industry expertise and contacts leveraged through this partnership are definitely going to increase ChronoBank’s adoption among some of the well-known firms across the world in no time.

That is a very solid article and I agree with what you are saying entirely as well. That being said, there is one inaccuracy in that article being fixed shortly. This line:

Edway Group is a leading Australian firm working in the recruitment sector for over 100 years.

Should be:

Edway Group is a leading Australian firm working in the recruitment sector, with a team that has more than 100 years of combined relevant experience.

[Bjorn_Blockchain]

Let me preface this by saying this is not fud.

Time gains % of whatever is collected by labor. Multi collection of ico funding in steps. So time investors are earning some % from future investors who purchase during the labor portion. That comes off as a bit Ponzi. I'm kinda surprised if no one has mentioned that. It may be in the project interest to alter that a bit. Just my 2 pennies.

It's entirely possible I misunderstood this part of the whitepaper.

[Goruno]

Let me preface this by saying this is not fud.

Time gains % of whatever is collected by labor. Multi collection of ico funding in steps. So time investors are earning some % from future investors who purchase during the labor portion. That comes off as a bit Ponzi. I'm kinda surprised if no one has mentioned that. It may be in the project interest to alter that a bit. Just my 2 pennies.

It's entirely possible I misunderstood this part of the whitepaper.

I think you have some mistakes. just go to this link http://www.newsbtc.com/2016/11/28/chronobank-time-tokens-payouts-ico-investors
The ICO launching does not still start, guy.

[Chronobank_Community]

Let me preface this by saying this is not fud.

Time gains % of whatever is collected by labor. Multi collection of ico funding in steps. So time investors are earning some % from future investors who purchase during the labor portion. That comes off as a bit Ponzi. I'm kinda surprised if no one has mentioned that. It may be in the project interest to alter that a bit. Just my 2 pennies.

It's entirely possible I misunderstood this part of the whitepaper.

Hello and thank you for your interest! After the Crowd-sale is over, TIME investors earn from users, not from future investors. There are no future TIME investors. There is just the one Crowd-sale. 

[electronicash]

Users such as freelancers will earn TIME as fee from employers, right?
Will the Laborx be like a jobsite where a professional can showcase their portfolio and previous works or jobs to win a job and that they would need to bid?

[altcoinrich]

Why time token is so expensive? ETH was 0.0005 btc for ICO price, they raised 30000 btc, time is too expensive, I doubt the project will raise 500 btc or more. One more question, if fund is less than 500, so you will consider the ico aborted and refund investors?

Lol, how can something be expensive if everyone is buying at the same price?
Having 1'000'000'000'000 coins at 1 sat or 1'000'000 at 0.01 is the same but the second solution is quite more elegant.

At last a good explanation.
If 1 TIME is too expensive for anyone he/she can buy 0.01 TIME or less.

so Chronobank managers should give an explain why Time is set up at the price of 0.01btc?

It will take a lot of speculation, With the total supply 100.000.000 Time and the dev were offering 0.01 for each time token. It makes no sense in my mind. They have planned for selling up to 88% of total supply. Which means, the maximum milestones  880.000 BTC.
And I may think if the price of ICO depends on with the cap was reaching by crowd sale.
Is it possible was getting stable .01 for each token?

880k btc? Don't dream guys, your project may raise 800 or 3k btc, even can toughly raise 8k btc, 880k is too greedy target. Why every ico team nowadays is money money, unrealistic target? inchain 2600 btc, ark 2000 btc, wow you guys think money is free?

[Chronobank_Community]

880k btc? Don't dream guys, your project may raise 800 or 3k btc, even can toughly raise 8k btc, 880k is too greedy target. Why every ico team nowadays is money money, unrealistic target? inchain 2600 btc, ark 2000 btc, wow you guys think money is free?

Hello and thank you for your interest! The post you quoted is incorrect, the co-founder replied to it already:

Total supply IS NOT 100.000.000!  Where did you get this number?

Total supply = amount of tokens sold + 12% reserve

[dbstmddhks]

It is really good project.

But I am some worried point.

"there is no limit ICO fund raising"

If the number of time token is too large

then, the interests from LX is too small for

time token holders.

It could drive the price of time go down.


How do you think this problem?


From wan.

[Sourgummies]

Why time token is so expensive? ETH was 0.0005 btc for ICO price, they raised 30000 btc, time is too expensive, I doubt the project will raise 500 btc or more. One more question, if fund is less than 500, so you will consider the ico aborted and refund investors?

Lol, how can something be expensive if everyone is buying at the same price?
Having 1'000'000'000'000 coins at 1 sat or 1'000'000 at 0.01 is the same but the second solution is quite more elegant.

At last a good explanation.
If 1 TIME is too expensive for anyone he/she can buy 0.01 TIME or less.

so Chronobank managers should give an explain why Time is set up at the price of 0.01btc?

It will take a lot of speculation, With the total supply 100.000.000 Time and the dev were offering 0.01 for each time token. It makes no sense in my mind. They have planned for selling up to 88% of total supply. Which means, the maximum milestones  880.000 BTC.
And I may think if the price of ICO depends on with the cap was reaching by crowd sale.
Is it possible was getting stable .01 for each token?

880k btc? Don't dream guys, your project may raise 800 or 3k btc, even can toughly raise 8k btc, 880k is too greedy target. Why every ico team nowadays is money money, unrealistic target? inchain 2600 btc, ark 2000 btc, wow you guys think money is free?

880k btc is almost impossible. Even the dao did not come close to that.

[mhd japar siregar]

Why time token is so expensive? ETH was 0.0005 btc for ICO price, they raised 30000 btc, time is too expensive, I doubt the project will raise 500 btc or more. One more question, if fund is less than 500, so you will consider the ico aborted and refund investors?

Lol, how can something be expensive if everyone is buying at the same price?
Having 1'000'000'000'000 coins at 1 sat or 1'000'000 at 0.01 is the same but the second solution is quite more elegant.

At last a good explanation.
If 1 TIME is too expensive for anyone he/she can buy 0.01 TIME or less.

so Chronobank managers should give an explain why Time is set up at the price of 0.01btc?

It will take a lot of speculation, With the total supply 100.000.000 Time and the dev were offering 0.01 for each time token. It makes no sense in my mind. They have planned for selling up to 88% of total supply. Which means, the maximum milestones  880.000 BTC.
And I may think if the price of ICO depends on with the cap was reaching by crowd sale.
Is it possible was getting stable .01 for each token?

880k btc? Don't dream guys, your project may raise 800 or 3k btc, even can toughly raise 8k btc, 880k is too greedy target. Why every ico team nowadays is money money, unrealistic target? inchain 2600 btc, ark 2000 btc, wow you guys think money is free?

Please read this
Too much speculation is not true

Total supply IS NOT 100.000.000!  Where did you get this number?

Total supply = amount of tokens sold + 12% reserve

[Sourgummies]

Still looks liek you're asking for quite a lot.

[Hoganye]

I am floored one random person makes up a number and posts it and sparks a page of people responding as if that guy is the CEO. What is wrong with some of you.

[Flomess]

It is really good project.

But I am some worried point.

"there is no limit ICO fund raising"

If the number of time token is too large

then, the interests from LX is too small for

time token holders.

It could drive the price of time go down.


How do you think this problem?


From wan.

Up to a certain threshold (10k-20k BTC) more BTC recived by investors means a better structured company; which will be able to engage in business with more entities and thus probably earn more fees for the TIME holders.
Even over 20k BTC they plan to issue a security fund that will surely help with the confidence in the project for the first months / years.

You can check the dev plan for further details: https://chronobank.io/files/dev_plan.pdf

[Chronobank]

880k btc? Don't dream guys, your project may raise 800 or 3k btc, even can toughly raise 8k btc, 880k is too greedy target. Why every ico team nowadays is money money, unrealistic target? inchain 2600 btc, ark 2000 btc, wow you guys think money is free?

Guys, where have you got these 100.000.000 TIME tokens?

Total supply IS NOT 100.000.000!  

Total supply = amount of tokens sold + 12% reserve

[Nadia_l]

I'm joining the avatar campaign!

[Chronobank Support]

I'm joining the avatar campaign!

Welcome to the family!

Please check the directions for avatar and signature campaign in this post:
https://bitcointalk.org/index.php?topic=1680361.msg16872529#msg16872529

Cheers!

[pro100j]

hi, guys.  Do you have already russian translation, cause i cant found it on main page, if yes can you give me a link, if no, when it will be ready? if you need translation i can do it today
and couple of questions about signature campaign, how many participants is maximum? and what about social media bounty, twitter, facebook?
thank you fot your answers

[Chronobank Support]

hi, guys.  Do you have already russian translation, cause i cant found it on main page, if yes can you give me a link, if no, when it will be ready? if you need translation i can do it today
and couple of questions about signature campaign, how many participants is maximum? and what about social media bounty, twitter, facebook?
thank you fot your answers

Hey, pro100j!

1) You can refer to this thread for now. An updated Russian thread will be posted very soon.

Right now we need translations into following languages (keeping updated):
French
Portugese
German

Plz, ask @ahmed.chronobank on slack for more details: https://chronobank.herokuapp.com/.

2) Regarding signature bounties, "The whole bounty pool of 0.3% will be divided among the participants proportionally to the amount of their stakes. Minimal size of the bounty pool is 2000 TIME (equivalent of 20 BTC)", so no cap in terms of number of users - we count only rewards total.

Bounty program info: https://bitcointalk.org/index.php?topic=1680361.msg16872529#msg16872529