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

[mia_houston]

Nice to see many investors taking its part on this project only a few days they are raised 449 BTC that great. This is a good start

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[JeffBrad12]

No tracking of "total invested so far" on the ico dashboard? So those of us interested can follow how popular the project is?

If you are logged into your dashboard on the mainpage, not far from top shows current totals, like so:

Thanks for that, but I will always need log on the dashboard for see about the result?

[Chronobank_Community]

Does this project have referral/affiliate program?

Hello and thank you for your interest. At this time we do not have a referral/affiliate program.

Thanks for that, but I will always need log on the dashboard for see about the result?

Just tested it by logging out and reloading site, I still see it in same spot.

[aziernest]

What if total deposit below threshold i.e 10,000 BTC (LaborX development) or exceeds 20,000 BTC GuaranteeFund ?

[Chronobank_Community]

What if total deposit below threshold i.e 10,000 BTC (LaborX development) or exceeds 20,000 BTC GuaranteeFund ?

Hello and thank you for your interest! The different tiers are listed on the Development Plan here:

https://chronobank.io/files/dev_plan.pdf

[h3rlihy]

The chronobank.io site actually dies for me in chrome. Has happened pretty consistently. Seems to work fine in firefox

[szafa]

Treshold i dont find in site,maybe they dont have.

[P4ndoraBox]

Im really glad to see the Chrono Bank project.

One thing I dont understand though is people investing into a bank project that want to centralise profit until August 2017.

Thought I would invest a bit, yeah good working stuff...But I think it goes against the ''Be your own bank'' statement by giving ur hard earned Bitcoin to an entity that promise thst they will control it better than you.

Wish you a merry christmas, ill pass that ''great' opportunity.

[othell_rogue]

Hi guys! UTC time means GMT, or is another thing?

[Sourgummies]

The chronobank.io site actually dies for me in chrome. Has happened pretty consistently. Seems to work fine in firefox

Works fine for me mate.

[dsattler]

What if total deposit below threshold i.e 10,000 BTC (LaborX development) or exceeds 20,000 BTC GuaranteeFund ?

Hello and thank you for your interest! The different tiers are listed on the Development Plan here:

https://chronobank.io/files/dev_plan.pdf

Hi,
do we need access to the private keys for investing on chronobank.io?
I want to send bitcoins directly from an exchange.

Another thing: while reading your terms & conditions https://chronobank.io/terms_conditions I've spotted an error 

Closing Time means 00:00 UTC on 15 February 2016.

[h3rlihy]

Another thing: while reading your terms & conditions https://chronobank.io/terms_conditions I've spotted an error 

Closing Time means 00:00 UTC on 15 February 2016.

Nah, it's been a real shit year, we're just gonna do 2016 again

[Chronobank Support]

What if total deposit below threshold i.e 10,000 BTC (LaborX development) or exceeds 20,000 BTC GuaranteeFund ?

Hello and thank you for your interest! The different tiers are listed on the Development Plan here:

https://chronobank.io/files/dev_plan.pdf

Hi,
do we need access to the private keys for investing on chronobank.io?
I want to send bitcoins directly from an exchange.

You can send funds from exchanges.

Another thing: while reading your terms & conditions https://chronobank.io/terms_conditions I've spotted an error 

Closing Time means 00:00 UTC on 15 February 2016.

Thank you for this fix

[housebtc]

Great start for this ICO close to 640BTC so far and still counting on day one. This could be great guys

[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/

Hey! Transferred your question to the team.

I'm a little concerned that this offering might be against the Corporations Law in Australia.
Can someone from Chronobank please address this.

[andrealandia]

This coin seems very good, i hope it will receive great investments from the users!

[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.

I'm a little concerned that this offering might be against the Corporations Law in Australia.
Can someone from Chronobank please address this.

Hey,

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.

Also this rule only applies to australian residents, which are not targeted in this offer.

Thank you

[Relaxedsense]

This is never ever going to reach its funding goals, people are done with ICO's. Unfortunately you joined the bandwagon to late.

Good luck.

[MEDVEDja2]

Time tokens will be available for trading immediately after completion of ICO?

[irukandji]

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.

Interesting angle.....
It's you are raising funds. The BTC you raise will be used to pay yourselves and staff and fund the project. I understand that the laws have not caught up with blockchain projects but it may be that ASIC and the courts take another view.

Well I guess someone had to do it. Did you get a Barristers opinion on this?

I'm interested as I work in the securities industry, and this is a an issue with traditional securities. I imagine that ASIC has not caught up with blockchain tech yet.