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

[Chronobank]

https://www.ethnews.com/chronobank-sets-up-roadmap-for-their-upcoming-ico

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[1713896458]

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[1713896458]

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[1713896458]

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[Chronobank]

It's not real unless human beings behind it are known or vetted by reputable source.

You can meet us in person in Edway's office in Sydney.

Many reputable people from crypto community know us in person, especially who was at Devcon2

[Chronobank_Community]

It's not real unless human beings behind it are known or vetted by reputable source. It doesn't have anything to offer and will soon be dumped. I'll make sure that an auxiliary effort be brought into destroying the site and doxing the members of the team.

You can begin your research by visiting the website and scrolling down to the team section:

https://chronobank.io/

I would also suggest viewing the business plan, whitepaper, development plan, and several of the articles listed on the website, as well as 3rd party reviews on the project like this one:

https://www.smithandcrown.com/participate-chronobank-crowdsale/

If you have any other questions check out the FAQ here:

https://chronobank.io/faq

Thank you for your interest in the project.

[SpacemanOne]

The project is well designed and has a great potential. The team is open and is always ready to answer any questions.

[Chronobank]

http://www.ibtimes.co.uk/chronobank-creating-global-blockchain-based-labour-exchange-1592019

[sxafir]

Can i prey for chronobank?

[SpacemanOne]

Article in smithandcrown.com about if you should (or not) invest in Chronobank:

https://www.smithandcrown.com/participate-chronobank-crowdsale/

What do you think about their guesstimates?

Best,

My second impression: Price/Earning Ratios are almost impossible to estimate for Chronobank. We can't predict the TIME token price after the ICO so we are not able to estimate the Chronobank capitalization even one month after the ICO. We can try to estimate the total funds raised in ICO but it won't actually be the Chronobank capitalization. It will depend on the TIME token market price.

[GNEISSrevolution]

@ChronoBank     
Great project! Doing something similar. PM me if you would like to collaborate. I already have a working smart contract platform and ICO coming out tomorrow. Hope you have time to check out the GNEISS platform.

[Skyrik]

How will be released tokens (LH) as currency if even bitcoin didn't have stable legal worldwide description?

[mchwierutSC]

Article in smithandcrown.com about if you should (or not) invest in Chronobank:

https://www.smithandcrown.com/participate-chronobank-crowdsale/

What do you think about their guesstimates?

Best,

My second impression: Price/Earning Ratios are almost impossible to estimate for Chronobank. We can't predict the TIME token price after the ICO so we are not able to estimate the Chronobank capitalization even one month after the ICO. We can try to estimate the total funds raised in ICO but it won't actually be the Chronobank capitalization. It will depend on the TIME token market price.

Good comments SpacemanOne.

We ended up using a PE Ratio for a couple reasons. First, so we (and readers) could get access to benchmarks and comparisons in the broader market. Second, just modeling the stream of potential payments didn't seem sufficient, because it seemed to imply that it was only worth it if the stream of payments summed up to the initial investment. We had a similar approach with ICONOMI that was helpful as a framework. CoinFund had an excellent analysis of REP tokens that valued them as an annuity, but the majority of feedback was that they should have used P/E ratios.

You're right that we can't predict the TIME trade value at a future point in time. Since we can't predict the future price and since ChronoBank isn't giving out earnings now, we decided to use the price at the crowdsale and the potential earnings to capture a similar idea: how much am I willing to pay for the opportunity to get a payment in the future. The two values aren't exactly the same, and thanks to your comment, we added some language to that effect. If there's anything you'd suggest adding to further clarify, let me know. (also, you're right that the value shouldn't have been $8.25 - we lowered it to $6.82 under the assumption that the average bonus for crowdsale participants would be 10%)

You made a good point earlier about whether correlating the amount raised and the amount of LHT issued was necessary. It also seemed like raising more funds would make the project more likely to succeed in securing users and issuing more LHT. We definitely discussed having 9 scenarios but that seemed like overkill. If you want to take on the task though, we could include your work.

[SpacemanOne]

How will be released tokens (LH) as currency if even bitcoin didn't have stable legal worldwide description?

Our world is just trying to find the best way to regulate bitcoin. Bitcoin is treated differently in different jurisdictions. If you mean if LH tokens be legal, then yes, they will be legal. Chronobank team will launch LHAU first, Australian laws allow to pay for work in crypto tokens. Chronobank legal team will work with each jurisdiction individually to make sure everything is fine with regulation.
LH tokens are a bit different from bitcoin by their nature. LH tokens are backed with something that has a value in a real world. It means LH tokens can be regulated in a different way that bitcoin. It depends on the authorities understanding.
Earlier or later authorities will understand the advantages of the crypto-friendly laws. The jurisdictions with better crypto laws will have additional economic growth.

[Skyrik]

How will be released tokens (LH) as currency if even bitcoin didn't have stable legal worldwide description?

Our world is just trying to find the best way to regulate bitcoin. Bitcoin is treated differently in different jurisdictions. If you mean if LH tokens be legal, then yes, they will be legal. Chronobank team will launch LHAU first, Australian laws allow to pay for work in crypto tokens. Chronobank legal team will work with each jurisdiction individually to make sure everything is fine with regulation.
LH tokens are a bit different from bitcoin by their nature. LH tokens are backed with something that has a value in a real world. It means LH tokens can be regulated in a different way that bitcoin. It depends on the authorities understanding.
Earlier or later authorities will understand the advantages of the crypto-friendly laws. The jurisdictions with better crypto laws will have additional economic growth.

Thanks for fast answer.And  Do you have plan ( in future) to launch Labour-Hour in Russia, if russian government accept law about cryptocurrencies ?

EDIT: I am always interesting in projects that have  connections with real economy/ life

[SpacemanOne]

Article in smithandcrown.com about if you should (or not) invest in Chronobank:

https://www.smithandcrown.com/participate-chronobank-crowdsale/

What do you think about their guesstimates?

Best,

My second impression: Price/Earning Ratios are almost impossible to estimate for Chronobank. We can't predict the TIME token price after the ICO so we are not able to estimate the Chronobank capitalization even one month after the ICO. We can try to estimate the total funds raised in ICO but it won't actually be the Chronobank capitalization. It will depend on the TIME token market price.

Good comments SpacemanOne.

We ended up using a PE Ratio for a couple reasons. First, so we (and readers) could get access to benchmarks and comparisons in the broader market. Second, just modeling the stream of potential payments didn't seem sufficient, because it seemed to imply that it was only worth it if the stream of payments summed up to the initial investment. We had a similar approach with ICONOMI that was helpful as a framework. CoinFund had an excellent analysis of REP tokens that valued them as an annuity, but the majority of feedback was that they should have used P/E ratios.

You're right that we can't predict the TIME trade value at a future point in time. Since we can't predict the future price and since ChronoBank isn't giving out earnings now, we decided to use the price at the crowdsale and the potential earnings to capture a similar idea: how much am I willing to pay for the opportunity to get a payment in the future. The two values aren't exactly the same, and thanks to your comment, we added some language to that effect. If there's anything you'd suggest adding to further clarify, let me know. (also, you're right that the value shouldn't have been $8.25 - we lowered it to $6.82 under the assumption that the average bonus for crowdsale participants would be 10%)

You made a good point earlier about whether correlating the amount raised and the amount of LHT issued was necessary. It also seemed like raising more funds would make the project more likely to succeed in securing users and issuing more LHT. We definitely discussed having 9 scenarios but that seemed like overkill. If you want to take on the task though, we could include your work.

Your opinion is valuable for me, thanks. PE Ratio may be convenient for comparison, in the end it's a matter of taste.
However it should be also mentioned the TIME tokens price can be higher in future that can increase the investors gain in a certain sense. An investor can sell some of his TIME tokens (for a price of lowering his further yearly income in %) and receive a significant sum immediately (something like receiving future profits right now). This effect is not lost in PE ratio but it's like hidden and not so evident.
I also have a comment on the Low scenario. I had a conversation with Chronobank team and asked a question about the expected LHT market cap in the first year. Their lower estimation is AUD 40 mln and the top is AUD 120 mln. The lower estimation is based on their current agreements. I've included the above numbers in my recent post about Chronobank, the link is in my signature (the lower one).
Maybe it's worth taking into account these numbers in your work. Your estimations are based on Chronobank's data too, I don't think the research will become less objective.

[SpacemanOne]

How will be released tokens (LH) as currency if even bitcoin didn't have stable legal worldwide description?

Our world is just trying to find the best way to regulate bitcoin. Bitcoin is treated differently in different jurisdictions. If you mean if LH tokens be legal, then yes, they will be legal. Chronobank team will launch LHAU first, Australian laws allow to pay for work in crypto tokens. Chronobank legal team will work with each jurisdiction individually to make sure everything is fine with regulation.
LH tokens are a bit different from bitcoin by their nature. LH tokens are backed with something that has a value in a real world. It means LH tokens can be regulated in a different way that bitcoin. It depends on the authorities understanding.
Earlier or later authorities will understand the advantages of the crypto-friendly laws. The jurisdictions with better crypto laws will have additional economic growth.

Thanks for fast answer.And  Do you have plan ( in future) to launch Labour-Hour in Russia, if russian government accept law about cryptocurrencies ?

EDIT: I am always interesting in projects that have  connections with real economy/ life

I am not Chronobank official representative, I think they have more information on your question. I'm just interested in the projects like this. It took a long time to research and understand the project better but it's worth it.
In future TIME token holders will be able to vote for important Chronobank decisions. Maybe the one we are talking about will be voted too (LH issuance for Russia).

The projects connected to the real economy are stimulating faster blockchain technologies adoption in the traditional economy. They can change life for better for many people. That's why I like them too.

[olympicwinner]

ICO is incoming, ready to invest it, will be the last and best project in 2016

[GNEISSrevolution]

ICO is incoming, ready to invest it, will be the last and best project in 2016

Not the last project of 2016, but the best is for you to decide: https://bitcointalk.org/index.php?topic=1713020.0

[xandry]

Please ban user Mefestofel_Mefis in your signature campaign. Reason: off topic, trolling.

[Chronobank_Community]

Please ban user Mefestofel_Mefis in your signature campaign. Reason: off topic, trolling.

Thank you for the heads up, I will pass this along to the team ASAP.

[stormia]

For the ICO it says that 1 BTC = 100 TIME, but it doesn't say if there is a max supply of TIME or a max level of BTC investment for the ICO? Does that mean, in theory, there is unlimited supply?

[shinratensei_]

ICO is incoming, ready to invest it, will be the last and best project in 2016

Just watch it for several days later, analyzing the first hype for the crowdsale.
I'm not rushing it. But just provided some amount for invest.