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

[Chronobank Support]

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?

In theory, the supply is limited only by the amount of funding raised during the crowdsale.

We have development plan scenarios in case we raise: 500-2k btc, 2k-10k btc or 10k-20k btc: https://chronobank.io/files/dev_plan.pdf
All btcs over 20k will be transferred to security/guarantee fund in order to preserve the overall stability.

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[irukandji]

Where does this Chronobank request for funds fit in with ASIC requirements?

http://asic.gov.au/regulatory-resources/fundraising/raising-funds-in-australia/

Have you asked ASIC about this? Do you have an AFSL?

When can you raise funds without a disclosure document?

In certain circumstances, you may not need to comply with the requirement to provide a disclosure document when fundraising. It is important that you get legal advice about whether this could apply to you. A general summary of these circumstances is provided here. For more information see Regulatory Guide 254 Offering securities under a disclosure document (RG 254).

In summary, a disclosure document is not required when:

an offer is a personal offer, and if:
offers or invitations have been made to fewer than 20 persons in the previous 12 months, and
the new offer will not result in more than $2 million being raised in that 12 months (see sections 708(1)–(7));

Note: You must not advertise the offer when you rely on this exemption

the offers are made to specified people who are presumed not to need disclosure because of their financial capacity, experience, association
with the issuer or wholesale status (see sections 708 (8 )–(12));
the offers are made to current holders of the securities (see sections 708(13)–(14A));
no money or other form of payment is payable for the securities (see sections 708 (15)–(16));
other disclosure regimes under the Corporations Act apply (that is  schemes of arrangement and takeovers) (see sections 708(17) and (18));
the offers are made to creditors under a deed of company arrangement, if certain conditions are met (see section 708(17A));
the offer of debentures is made by certain types of financial institutions (see section 708(19)).

http://asic.gov.au/regulatory-resources/fundraising/raising-funds-in-australia/

[pro100j]

hi guys, have couple of questions. is there will be cap in signature campaign or number of participants are not limited?
and how much is minimum for ico to be succesful and is there is a maximum?
thanks for answers, sorry if there already been that kind of questions  marry xmas

[dsfghgf4]

merry christmas too, but i can't answered your questions because i am newbie

[Chronobank]

Where does this Chronobank request for funds fit in with ASIC requirements?

Have you asked ASIC about this? Do you have an AFSL?

We do not offer securities.

TIME tokens are a software product.

[Chronobank Support]

Where does this Chronobank request for funds fit in with ASIC requirements?

http://asic.gov.au/regulatory-resources/fundraising/raising-funds-in-australia/

Have you asked ASIC about this? Do you have an AFSL?

When can you raise funds without a disclosure document?

In certain circumstances, you may not need to comply with the requirement to provide a disclosure document when fundraising. It is important that you get legal advice about whether this could apply to you. A general summary of these circumstances is provided here. For more information see Regulatory Guide 254 Offering securities under a disclosure document (RG 254).

In summary, a disclosure document is not required when:

an offer is a personal offer, and if:
offers or invitations have been made to fewer than 20 persons in the previous 12 months, and
the new offer will not result in more than $2 million being raised in that 12 months (see sections 708(1)–(7));

Note: You must not advertise the offer when you rely on this exemption

the offers are made to specified people who are presumed not to need disclosure because of their financial capacity, experience, association
with the issuer or wholesale status (see sections 708 (8 )–(12));
the offers are made to current holders of the securities (see sections 708(13)–(14A));
no money or other form of payment is payable for the securities (see sections 708 (15)–(16));
other disclosure regimes under the Corporations Act apply (that is  schemes of arrangement and takeovers) (see sections 708(17) and (18));
the offers are made to creditors under a deed of company arrangement, if certain conditions are met (see section 708(17A));
the offer of debentures is made by certain types of financial institutions (see section 708(19)).

http://asic.gov.au/regulatory-resources/fundraising/raising-funds-in-australia/

Hey! Transferred your question to the team.

hi guys, have couple of questions. is there will be cap in signature campaign or number of participants are not limited?
and how much is minimum for ico to be succesful and is there is a maximum?
thanks for answers, sorry if there already been that kind of questions  marry xmas

Hey! There's no limit in number of people, the whole rewards will be equal 0.3% of all TIME, but no less than 2000 TIME as seen in:

Signature & avatar campaign

We're happy to announce that you can now earn TIME tokens by participating into our Signature & avatar campaign!


Terms:

1) 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)
2) The stakes will be distributed weekly in the following ratio:

Legendary/Hero : 2 Stakes
Sr./Full : 1.5 stakes
Member: 1 Stake
Jr. Member: 0.5 Stake

3) Users wearing the official avatar will be eligible for a 0.5 stake increase in their weekly stakes.
4) The stakes will be distributed weekly to the participants
5) Users are not allowed to change their signature in the middle of the campaign
6) All members need to post at least 50 posts wearing the signature by the time the ICO ends to be eligible for a reward.
7) Spam is strictly prohibited. Users found spamming will be immediately and permanently disqualified, reported to the moderators, and banned from any other bounty campaign.

Minimum is 500 BTC, but there's artificial max cap.

In theory, the supply is limited only by the amount of funding raised during the crowdsale.

We have development plan scenarios in case we raise: 500-2k btc, 2k-10k btc or 10k-20k btc: https://chronobank.io/files/dev_plan.pdf
All btcs over 20k will be transferred to security/guarantee fund in order to preserve the overall stability.

Marry xmas =)

[frozenking]

hi, i know that im not eligeble for a now to participate in signature campaign, but maybe in future, so wanna ask question, do the current participants start to receive stakes in signature campaign when ico begins or already starting when thay joined the campaign?

[DynamQ]

Hello, you need to write in the British branch, or may be messages in other branches?

[Cassius]

Hello, you need to write in the British branch, or may be messages in other branches?

What do you mean?!

[SpacemanOne]

hi, i know that im not eligeble for a now to participate in signature campaign, but maybe in future, so wanna ask question, do the current participants start to receive stakes in signature campaign when ico begins or already starting when thay joined the campaign?

From the week they signed up and submitted their data to the form.

[Chronobank Support]

hi, i know that im not eligeble for a now to participate in signature campaign, but maybe in future, so wanna ask question, do the current participants start to receive stakes in signature campaign when ico begins or already starting when thay joined the campaign?

Should start with joining campaign.

Hello, you need to write in the British branch, or may be messages in other branches?

I think I know what you need: https://bitcointalk.org/index.php?topic=1699278.new#new
And yes, you can write in any languages. No strict rules for English.

[bezbezbez]

Guys, can you give us the table with different timezones when ICO starts?
Thank you!

[specturul]

If I'm involved, it is only with bonus. Bonus amount is profit margin as a result.

[bezbezbez]

If I'm involved, it is only with bonus. Bonus amount is profit margin as a result.

bonus 30% day 1.

[Chronobank Support]

Guys, can you give us the table with different timezones when ICO starts?
Thank you!

If I'm involved, it is only with bonus. Bonus amount is profit margin as a result.

To Timezones and Bonuses:

[szachta]

I dont undestand little to much.This also have got dividends?

[SpacemanOne]

I dont undestand little to much.This also have got dividends?

The TIME tokens holders will receive a share of the Chronobank revenue. More details are at their main page at the bottom under the header 'Rewards for TIME token holders'.

[Goruno]

I'm expecting the ICO launching on december 15th,2016.
I will spend at 3BTC for this project and I will buy this coin on the first day of ICO launching to get 30% bonus.

[ostrogoto2012]

Soon the ico will start!

[SpacemanOne]

I'm expecting the ICO launching on december 15th,2016.
I will spend at 3BTC for this project and I will buy this coin on the first day of ICO launching to get 30% bonus.

Yes, investing on the first day is a good strategy.