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

[puremage111]

Hello chronobank

I already submitted 2 articles to Chronobank ahmed on the slacks

He tell me he will review on it

So the payment will be decide and deposit into my account after end of ICO?

Thanks and Regards,

Good luck on Chronobank Project, it attracts alot of attention it seems

[1714800604]

1714800604

[1714800604]

1714800604

[1714800604]

1714800604

[1714800604]

1714800604

[ranlo]

Can someone please tl;dr how the TIME works? Like let's say you buy 1 BTC of TIME in the crowdsale. How does this tie into LH/LX later? How do you actually earn with it (and how are earnings paid out)?

[Chronobank Support]

Hello chronobank

I already submitted 2 articles to Chronobank ahmed on the slacks

He tell me he will review on it

So the payment will be decide and deposit into my account after end of ICO?

Thanks and Regards,

Good luck on Chronobank Project, it attracts alot of attention it seems

Correct! Thank you

Can someone please tl;dr how the TIME works? Like let's say you buy 1 BTC of TIME in the crowdsale. How does this tie into LH/LX later? How do you actually earn with it (and how are earnings paid out)?

You get your share in total transaction fees (fee is equal to 0.15% for each LH transaction) and also share in total issuance fees (fee is equal 3% for each LH token issued in the first year, then 2% next year, and 1% forever after).


So, let's say you have like 100 TIME and this is eg 1% of all TIME.
And:
- TOTAL LHT transactions during period P (P is yet to be decided, detailed in WP) equals 1mln LHT
- TOTAL LHT issued equals 0.5mln LHT
- This is the first year.

Your rewards in the period P = TOTAL REWARDS(P) x YOUR SHARE = (0.15% x 1mln + 3% x 0.5mln) x 1%

For more details please check the WP: https://chronobank.io/files/whitepaper.pdf

[ranlo]

Hello chronobank

I already submitted 2 articles to Chronobank ahmed on the slacks

He tell me he will review on it

So the payment will be decide and deposit into my account after end of ICO?

Thanks and Regards,

Good luck on Chronobank Project, it attracts alot of attention it seems

Correct! Thank you

Can someone please tl;dr how the TIME works? Like let's say you buy 1 BTC of TIME in the crowdsale. How does this tie into LH/LX later? How do you actually earn with it (and how are earnings paid out)?

You get your share in total transaction fees (fee is equal to 0.15% for each LH transaction) and also share in total issuance fees (fee is equal 3% for each LH token issued in the first year, then 2% next year, and 1% forever after).


So, let's say you have like 100 TIME and this is eg 1% of all TIME.
And:
- TOTAL LHT transactions during period P (P is yet to be decided, detailed in WP) equals 1mln LHT
- TOTAL LHT issued equals 0.5mln LHT
- This is the first year.

Your rewards in the period P = TOTAL REWARDS(P) x YOUR SHARE = (0.15% x 1mln + 3% x 0.5mln) x 1%

For more details please check the WP: https://chronobank.io/files/whitepaper.pdf

So to confirm, it looks like TIME = profit share token, LHT = the actual currency being used/profit shared/etc.?

[Chronobank Support]

Hello chronobank

I already submitted 2 articles to Chronobank ahmed on the slacks

He tell me he will review on it

So the payment will be decide and deposit into my account after end of ICO?

Thanks and Regards,

Good luck on Chronobank Project, it attracts alot of attention it seems

Correct! Thank you

Can someone please tl;dr how the TIME works? Like let's say you buy 1 BTC of TIME in the crowdsale. How does this tie into LH/LX later? How do you actually earn with it (and how are earnings paid out)?

You get your share in total transaction fees (fee is equal to 0.15% for each LH transaction) and also share in total issuance fees (fee is equal 3% for each LH token issued in the first year, then 2% next year, and 1% forever after).


So, let's say you have like 100 TIME and this is eg 1% of all TIME.
And:
- TOTAL LHT transactions during period P (P is yet to be decided, detailed in WP) equals 1mln LHT
- TOTAL LHT issued equals 0.5mln LHT
- This is the first year.

Your rewards in the period P = TOTAL REWARDS(P) x YOUR SHARE = (0.15% x 1mln + 3% x 0.5mln) x 1%

For more details please check the WP: https://chronobank.io/files/whitepaper.pdf

So to confirm, it looks like TIME = profit share token, LHT = the actual currency being used/profit shared/etc.?

Yep!

[tiggytomb]

So just reading through the site, it states 1 BTC = 100 TIME.  Is 1 BTC the minimum one can invest in the ICO or is there a chance for those that want to go in a bit lower?

[electronicash]

So just reading through the site, it states 1 BTC = 100 TIME.  Is 1 BTC the minimum one can invest in the ICO or is there a chance for those that want to go in a bit lower?

Same question here. I don't think i can generate 1 btc right now as i'm tied with the rest of the investment i did. But sure i can send .5 if possible.

I'm a freelancer and i'm more interested to LH

[Chronobank Support]

So just reading through the site, it states 1 BTC = 100 TIME.  Is 1 BTC the minimum one can invest in the ICO or is there a chance for those that want to go in a bit lower?

Same question here. I don't think i can generate 1 btc right now as i'm tied with the rest of the investment i did. But sure i can send .5 if possible.

I'm a freelancer and i'm more interested to LH

Don't worry guys, no bottom limit for investments above 1 TIME.

Cheers!

[specturul]

As with all such companies is just shows level of exchange for one Bitcoin (1: 100). Of course, you can buy less, even a half-hour.

[ice18]

Thanks chronobank for the signature campaign i will join..

[Chronobank Support]

As with all such companies is just shows level of exchange for one Bitcoin (1: 100). Of course, you can buy less, even a half-hour.

So just reading through the site, it states 1 BTC = 100 TIME.  Is 1 BTC the minimum one can invest in the ICO or is there a chance for those that want to go in a bit lower?

Same question here. I don't think i can generate 1 btc right now as i'm tied with the rest of the investment i did. But sure i can send .5 if possible.

I'm a freelancer and i'm more interested to LH

Don't worry guys, no bottom limit for investments above 1 TIME.

Cheers!

[CroDam]

Good luck Chrono Bank in ICO and development of your project.

[martingaleloser]

As with all such companies is just shows level of exchange for one Bitcoin (1: 100). Of course, you can buy less, even a half-hour.

So just reading through the site, it states 1 BTC = 100 TIME.  Is 1 BTC the minimum one can invest in the ICO or is there a chance for those that want to go in a bit lower?

Same question here. I don't think i can generate 1 btc right now as i'm tied with the rest of the investment i did. But sure i can send .5 if possible.

I'm a freelancer and i'm more interested to LH

Don't worry guys, no bottom limit for investments above 1 TIME.

Cheers!

Are you the 24/7 customer service guy?

[Chronobank Support]

As with all such companies is just shows level of exchange for one Bitcoin (1: 100). Of course, you can buy less, even a half-hour.

So just reading through the site, it states 1 BTC = 100 TIME.  Is 1 BTC the minimum one can invest in the ICO or is there a chance for those that want to go in a bit lower?

Same question here. I don't think i can generate 1 btc right now as i'm tied with the rest of the investment i did. But sure i can send .5 if possible.

I'm a freelancer and i'm more interested to LH

Don't worry guys, no bottom limit for investments above 1 TIME.

Cheers!

Are you the 24/7 customer service guy?

There are actually few of us, but we have different accounts.

[Mrboot]

I Like the idea, but they need a big adoption to eventually make TIME rewarding and the risk is big it wont be able to do that aswell.

Possible TIME rewards scenarios
Scenario 1. (2021)Issuance fee rewards (1%)
Country   Ticker   Issuance LH   LH Value   Currency   USD   Issuance, USD   Rewards, 2019
AUS   LHAU   400,000   $37.90   AUD   $28.88   $11,551,920   $346,558
USA   LHUS   1,400,000   $21.68   USD   $21.68   $30,352,000   $910,560
EU   LHEU   900,000   €25.03   EUR   $27.53   $24,779,700   $743,391
GB   LHGB   600,000   £15.91   GBP   $19.40   $11,641,719   $349,252
Total                  $78,325,339   $2,349,760
LH transactions (including LaborX volume): $1,500,000 per day = $547,500,000 per year
LH transaction fee rewards (0.15%) = $821,250
Total rewards = $3,171,010


Their scenario 1 shows a good example, here they say scenario1 (2021), but add the rewards of 2019 thats about 1% i dont see how they come to this rewards they look more like 3%.  So with 100 million turnover you will only get 1% thats 1 million divided by the people that buy into the ico.

Ico's are now really overrated and going nuts, cause people think x20 is easy on a ico like golem sold out in less then 30 minutes (10 million) If that happens to Chronobank that means you need 1 bn to only play even. and thats insane a lot for something still need to prove it will work and get adoption.

[Nadia_l]

Do I need to register for a new (once more) if I take part in the company signatures and want to participate in ICO?

[Chronobank Support]

I Like the idea, but they need a big adoption to eventually make TIME rewarding and the risk is big it wont be able to do that aswell.

Possible TIME rewards scenarios
Scenario 1. (2021)Issuance fee rewards (1%)
Country   Ticker   Issuance LH   LH Value   Currency   USD   Issuance, USD   Rewards, 2019
AUS   LHAU   400,000   $37.90   AUD   $28.88   $11,551,920   $346,558
USA   LHUS   1,400,000   $21.68   USD   $21.68   $30,352,000   $910,560
EU   LHEU   900,000   €25.03   EUR   $27.53   $24,779,700   $743,391
GB   LHGB   600,000   £15.91   GBP   $19.40   $11,641,719   $349,252
Total                  $78,325,339   $2,349,760
LH transactions (including LaborX volume): $1,500,000 per day = $547,500,000 per year
LH transaction fee rewards (0.15%) = $821,250
Total rewards = $3,171,010


Their scenario 1 shows a good example, here they say scenario1 (2021), but add the rewards of 2019 thats about 1% i dont see how they come to this rewards they look more like 3%.  So with 100 million turnover you will only get 1% thats 1 million divided by the people that buy into the ico.

Ico's are now really overrated and going nuts, cause people think x20 is easy on a ico like golem sold out in less then 30 minutes (10 million) If that happens to Chronobank that means you need 1 bn to only play even. and thats insane a lot for something still need to prove it will work and get adoption.

Hey, this table gotta be changed soon as it looks like a draft. For now you can check this independent review, so you'll get some intuition: https://www.smithandcrown.com/participate-chronobank-crowdsale/
Btw, that's the best formatting ever

Do I need to register for a new (once more) if I take part in the company signatures and want to participate in ICO?

You can use any account you already have. No need to register twice.

Thanks for you interest in the project!

[Nadia_l]

Thanks !
Good luck with this project

[tiggytomb]

As with all such companies is just shows level of exchange for one Bitcoin (1: 100). Of course, you can buy less, even a half-hour.

Thought I would just double check as there was a recent ICO JWL - Jewels which had a set amount as a minimum which was quite unusual, glad to see Chronobank is open to all.

[Raxitto]

Thanks !
Good luck with this project

thx sweety...
for u as well......