Chronobank (OP)
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March 04, 2017, 10:01:06 AM |
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TIME token reward modelThe TIME tokens purchased by backers at ICO will receive rewards based on activity within the ChronoBank ecosystem — similar to the mining or staking fees collected by active nodes in a regular cryptocurrency network. In order to be eligible for these rewards, TIME holders will need to transfer their tokens to a mining contract balance.
https://blog.chronobank.io/time-token-reward-model-1c3508208791![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fcdn-images-1.medium.com%2Fmax%2F800%2F0%2Ag3WKsXMy3VcemhtR.jpg&t=665&c=-UzPynk_c_w8hA)
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tonymorony
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March 04, 2017, 10:13:05 AM |
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So should I move TIME back to wallet to which I received it from Chronobank?
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5thangel
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March 04, 2017, 10:15:28 AM Last edit: March 04, 2017, 10:26:19 AM by 5thangel |
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TIME token reward modelThe TIME tokens purchased by backers at ICO will receive rewards based on activity within the ChronoBank ecosystem — similar to the mining or staking fees collected by active nodes in a regular cryptocurrency network. In order to be eligible for these rewards, TIME holders will need to transfer their tokens to a mining contract balance.
https://blog.chronobank.io/time-token-reward-model-1c3508208791![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fcdn-images-1.medium.com%2Fmax%2F800%2F0%2Ag3WKsXMy3VcemhtR.jpg&t=665&c=-UzPynk_c_w8hA) This is really really good news , especially about mining ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Good that i have been buying cheap time last 2 days ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Now we just need to wait for LH
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topesis
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March 04, 2017, 10:27:26 AM |
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TIME token reward modelThe TIME tokens purchased by backers at ICO will receive rewards based on activity within the ChronoBank ecosystem — similar to the mining or staking fees collected by active nodes in a regular cryptocurrency network. In order to be eligible for these rewards, TIME holders will need to transfer their tokens to a mining contract balance.
https://blog.chronobank.io/time-token-reward-model-1c3508208791![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fcdn-images-1.medium.com%2Fmax%2F800%2F0%2Ag3WKsXMy3VcemhtR.jpg&t=665&c=-UzPynk_c_w8hA) This is a good model and a win-win for everyone involved, but I'm just curious here, I think the team come with this design to prevent the recent days dumping from continue especially with the possible continuation of Bitcoin rally because this was not started before and during the ICO
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Roidz
Sr. Member
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1XBit.com
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March 04, 2017, 10:33:44 AM |
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What to do for receive dividends? move our TIME where? and after that what to do?
Should i install Mist?
Thx
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█▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄ | . 1xBit.com Super Six | | | | ▄█████████████▄ ████████████▀▀▀ █████████████▄ █████████▌▀████ ██████████ ▀██ ██████████▌ ▀ ████████████▄▄ ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ ▀██████████████ | ███████████████ █████████████▀ █████▀▀ ███▀ ▄███ ▄ ██▄▄████▌ ▄█ ████████ ████████▌ █████████ ▐█ ██████████ ▐█ ███████▀▀ ▄██ ███▀ ▄▄▄█████ ███ ▄██████████ ███████████████ | ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ ███████████▀▀▀█ ██████████ ███████████▄▄▄█ ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ | ▄█████ ▄██████ ▄███████ ▄████████ ▄█████████ ▄██████████ ▄███████████ ▄████████████ ▄█████████████ ▄██████████████ ▀▀███████████ ▀▀███████ ▀▀██▀ | ▄▄██▌ ▄▄███████ █████████▀ ▄██▄▄▀▀██▀▀ ▄██████ ▄▄▄ ███████ ▄█▄ ▄ ▀██████ █ ▀█ ▀▀▀ ▄ ▀▄▄█▀ ▄▄█████▄ ▀▀▀ ▀████████ ▀█████▀ ████ ▀▀▀ █████ █████ | ▄ █▄▄ █ ▄ ▀▄██▀▀▀▀▀▀▀▀ ▀ ▄▄█████▄█▄▄ ▄ ▄███▀ ▀▀ ▀▀▄ ▄██▄███▄ ▀▀▀▀▄ ▄▄ ▄████████▄▄▄▄▄█▄▄▄██ ████████████▀▀ █ ▐█ ██████████████▄ ▄▄▀██▄██ ▐██████████████ ▄███ ████▀████████████▄███▀ ▀█▀ ▐█████████████▀ ▐████████████▀ ▀█████▀▀▀ █▀ | . Premier League LaLiga Serie A | . Bundesliga Ligue 1 Primeira Liga | | | | . 6 BTC PRIZE POOL | │ | . TAKE PART | ▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄█ |
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RussianMiner
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March 04, 2017, 10:41:30 AM |
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This is a good model and a win-win for everyone involved, but I'm just curious here, I think the team come with this design to prevent the recent days dumping from continue especially with the possible continuation of Bitcoin rally because this was not started before and during the ICO
This is mostly for US exchanges ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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sandman53
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March 04, 2017, 01:15:24 PM |
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TIME token reward modelThe TIME tokens purchased by backers at ICO will receive rewards based on activity within the ChronoBank ecosystem — similar to the mining or staking fees collected by active nodes in a regular cryptocurrency network. In order to be eligible for these rewards, TIME holders will need to transfer their tokens to a mining contract balance.
https://blog.chronobank.io/time-token-reward-model-1c3508208791![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fcdn-images-1.medium.com%2Fmax%2F800%2F0%2Ag3WKsXMy3VcemhtR.jpg&t=665&c=-UzPynk_c_w8hA) This is great news, not selling any buying more! Thanks for the update!
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xtyling
Sr. Member
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Crypto is Life!
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March 04, 2017, 01:17:30 PM |
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What will be the minimum coins to hold to be able to get dividends ?
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Terpusy
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March 04, 2017, 01:21:41 PM |
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What will be the minimum coins to hold to be able to get dividends ?
Nice question I also want know the minimum coins to get a dividends and how much we can get from it?
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Chronobank (OP)
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March 04, 2017, 01:50:02 PM |
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What will be the minimum coins to hold to be able to get dividends ?
Nice question I also want know the minimum coins to get a dividends and how much we can get from it? Any amount of TIME!
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tomsmith26
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March 04, 2017, 02:56:01 PM |
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TIME token reward modelThe TIME tokens purchased by backers at ICO will receive rewards based on activity within the ChronoBank ecosystem — similar to the mining or staking fees collected by active nodes in a regular cryptocurrency network. In order to be eligible for these rewards, TIME holders will need to transfer their tokens to a mining contract balance.
https://blog.chronobank.io/time-token-reward-model-1c3508208791![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fcdn-images-1.medium.com%2Fmax%2F800%2F0%2Ag3WKsXMy3VcemhtR.jpg&t=665&c=-UzPynk_c_w8hA) I fully agree this decision of Chronobank Team . It will help our TIME rise up and More people will hold and buy more Time tokens later. This desicion is very suitable for all investors and it also help investors get more profits while holding Time token. Yes, it's very great .
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Bitcoin0916
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March 04, 2017, 03:09:51 PM |
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Amazingly this coin looks perfect, ICO collected more than 5400 btc, running in the etherium so the transaction becomes faster. I hope the presence of these coins can be a differentiator and can survive in a long time.
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Chronobank_Community
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Chronobank Community Manager
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March 04, 2017, 03:33:40 PM |
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This is a good model and a win-win for everyone involved, but I'm just curious here, I think the team come with this design to prevent the recent days dumping from continue especially with the possible continuation of Bitcoin rally because this was not started before and during the ICO
Rewards for token holders after LH ecosystem is live have been planned and in the whitepaper since before the sale even began, just to clarify. Read the whitepaper and FAQ.
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Chronobank_Community
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Chronobank Community Manager
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March 04, 2017, 03:38:32 PM |
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To all those who are saying bounty amount is small.
Total bounty to be distributed is around 15,000 TIME. Percentage wise you may think it is a small number.
But have you seen that all sell orders on all exchanges sum up to only around 10-11 K TIME. Now, bounty may seem big to have a big effect on prices.
However, not all bounties are dumped. Many bounty hunters are also long term holders.
Let's see what happens.
I'm curious where you get the 15,000 number at. The actual amount is much less than that. Did devs and/or advisors sold any tokens yet?
Nope, and no whales have sold either. There is a reason for that.
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specturul
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March 04, 2017, 03:49:20 PM |
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I do not understand those fools who sold so cheap, look at Dash, is the result of fact that community is working for several years. Do not sell now, then better to sell expensively.
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electronicash
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March 04, 2017, 04:01:49 PM |
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To all those who are saying bounty amount is small.
Total bounty to be distributed is around 15,000 TIME. Percentage wise you may think it is a small number.
But have you seen that all sell orders on all exchanges sum up to only around 10-11 K TIME. Now, bounty may seem big to have a big effect on prices.
However, not all bounties are dumped. Many bounty hunters are also long term holders.
Let's see what happens.
I'm curious where you get the 15,000 number at. The actual amount is much less than that. Did devs and/or advisors sold any tokens yet?
Nope, and no whales have sold either. There is a reason for that. so its true that you were not distributing the bounties correctly like it was meant that you are to distribute 3000 TIME for blog bounties and yet you didn't because over all the total that you were about to distribute was just 400 TIME. ain't that the works of the crooks? while the rest of us hate them being the dumpers, we also like it because it make coins cheap where investors can buy more. give them what is rightfully theirs.
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rgornik
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March 04, 2017, 04:18:46 PM |
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Not many trolls left here!This is a good sign ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) yup, it looks like every ico needs some tme to clear true believers and instant traders
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Saturday97
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March 04, 2017, 04:28:04 PM |
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Not many trolls left here!This is a good sign ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) yup, it looks like every ico needs some tme to clear true believers and instant traders The good of BTC has given us the opportunity to buy cheap and we say thanks!
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Chronobank_Community
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Chronobank Community Manager
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March 04, 2017, 04:30:27 PM |
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so its true that you were not distributing the bounties correctly like it was meant that you are to distribute 3000 TIME for blog bounties and yet you didn't because over all the total that you were about to distribute was just 400 TIME. ain't that the works of the crooks? while the rest of us hate them being the dumpers, we also like it because it make coins cheap where investors can buy more. give them what is rightfully theirs.
I would be less prone to run with any rumor you hear from a random person. It's not even remotely true. Many entries were not even 10% unique. The bounty is supposed to be for people who make original work and post it on their blogs, said blogs are supposed to have a lot of people who view them. Not just 4 people. If we stuck to those guidelines, very few people would be accepted to that bounty. That is why it's being re-worked yet again, to lower our required standards to include more people. It has nothing to do with wild baseless accusations. Who's the crook here? The guys offering to pay people for a blog post, or the guys copy/pasting already written articles and calling it their work?
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Cyndonald
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March 04, 2017, 04:40:28 PM |
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TIME token reward modelThe TIME tokens purchased by backers at ICO will receive rewards based on activity within the ChronoBank ecosystem — similar to the mining or staking fees collected by active nodes in a regular cryptocurrency network. In order to be eligible for these rewards, TIME holders will need to transfer their tokens to a mining contract balance.
https://blog.chronobank.io/time-token-reward-model-1c3508208791![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fcdn-images-1.medium.com%2Fmax%2F800%2F0%2Ag3WKsXMy3VcemhtR.jpg&t=665&c=-UzPynk_c_w8hA) That is an important notice for investors who is buying and holding Time tokens for long term. The interest from TIME will make all investors stay with Chronobank project in long term.
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