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

[support2_chronobank]

Do we need to keep our Time tokens in wallet to get fee or Time kept in myetherwallet will also earn fee?

You will need to send your tokens to a special contract to receive your rewards. The contract does not exist yet. The detailed instructions will be available before the rewards distribution starts. Do not worry, no further actions are needed now. Thank you for patience!

Do you mean to say we need to spend some gas fee to receive the reward?

Looks like you have a similar system like vdice dividends

https://blog.vdice.io/vslice-redeem-profits-process/

I don't know any way to send ERC20 tokens without spending some gas. The gas fee size is usually extremely low. You can check the TIME tokens transaction history and their cost here. I picked several transactions randomly and most of them had about $0.02 gas cost (0.0013 Ether).

Some people hold less TIME say 50-100? what will be their rewards in case and if their rewards is less than gas fee whats their purpose to claim it?

The more TIME you hold, the more reward you get proportionally, transaction fee is paid if you withdraw your rewards, you can hold your reward and accumulate it as long as you want.

[Alonzo Ewing]

Do we need to keep our Time tokens in wallet to get fee or Time kept in myetherwallet will also earn fee?

You will need to send your tokens to a special contract to receive your rewards. The contract does not exist yet. The detailed instructions will be available before the rewards distribution starts. Do not worry, no further actions are needed now. Thank you for patience!

Do you mean to say we need to spend some gas fee to receive the reward?

Looks like you have a similar system like vdice dividends

https://blog.vdice.io/vslice-redeem-profits-process/

I don't know any way to send ERC20 tokens without spending some gas. The gas fee size is usually extremely low. You can check the TIME tokens transaction history and their cost here. I picked several transactions randomly and most of them had about $0.02 gas cost (0.0013 Ether).

Some people hold less TIME say 50-100? what will be their rewards in case and if their rewards is less than gas fee whats their purpose to claim it?

The more TIME you hold, the more reward you get proportionally, transaction fee is paid if you withdraw your rewards, you can hold your reward and accumulate it as long as you want.

Can you implement a system where we can check how much reward we can claim for the TIME we hold

So this will be easy for people who hold less to not to spend their gas fee?

[support2_chronobank]

Do we need to keep our Time tokens in wallet to get fee or Time kept in myetherwallet will also earn fee?

You will need to send your tokens to a special contract to receive your rewards. The contract does not exist yet. The detailed instructions will be available before the rewards distribution starts. Do not worry, no further actions are needed now. Thank you for patience!

Do you mean to say we need to spend some gas fee to receive the reward?

Looks like you have a similar system like vdice dividends

https://blog.vdice.io/vslice-redeem-profits-process/

I don't know any way to send ERC20 tokens without spending some gas. The gas fee size is usually extremely low. You can check the TIME tokens transaction history and their cost here. I picked several transactions randomly and most of them had about $0.02 gas cost (0.0013 Ether).

Some people hold less TIME say 50-100? what will be their rewards in case and if their rewards is less than gas fee whats their purpose to claim it?

The more TIME you hold, the more reward you get proportionally, transaction fee is paid if you withdraw your rewards, you can hold your reward and accumulate it as long as you want.

Can you implement a system where we can check how much reward we can claim for the TIME we hold

So this will be easy for people who hold less to not to spend their gas fee?

I will pass your request to the team, thank you for the idea.

[Alonzo Ewing]

Do we need to keep our Time tokens in wallet to get fee or Time kept in myetherwallet will also earn fee?

You will need to send your tokens to a special contract to receive your rewards. The contract does not exist yet. The detailed instructions will be available before the rewards distribution starts. Do not worry, no further actions are needed now. Thank you for patience!

Do you mean to say we need to spend some gas fee to receive the reward?

Looks like you have a similar system like vdice dividends

https://blog.vdice.io/vslice-redeem-profits-process/

I don't know any way to send ERC20 tokens without spending some gas. The gas fee size is usually extremely low. You can check the TIME tokens transaction history and their cost here. I picked several transactions randomly and most of them had about $0.02 gas cost (0.0013 Ether).

Some people hold less TIME say 50-100? what will be their rewards in case and if their rewards is less than gas fee whats their purpose to claim it?

The more TIME you hold, the more reward you get proportionally, transaction fee is paid if you withdraw your rewards, you can hold your reward and accumulate it as long as you want.

Can you implement a system where we can check how much reward we can claim for the TIME we hold

So this will be easy for people who hold less to not to spend their gas fee?

I will pass your request to the team, thank you for the idea.

If you check this link https://epoch.vdice.io/ , vdice team has already implemented this method

after 3 days lock period occurs then you will see a small box,where you need to enter your ETH address to see how much dividend you get

[alienalf]

Recommendation to dev team;

In your front page of your website https://chronobank.io you may change the order of the titles as ico ended.

When people open your website firstly they see this topic: "Crowdsale ended!" but this is not helping to anyone as ico already finished.

Your dev team may consider to put "Roadmap" topic to top that may be more attractive for new potential investors.

[Thug Life]

For participants bounty not create the account so what to do?

[5thangel]

For participants bounty not create the account so what to do?

Just wait little bit , soon everything will be clear 

[support2_chronobank]

For participants bounty not create the account so what to do?

Please expect for the PM from Ahmed. Don't worry, you will have the detailed instructions in that PM.

[frozenking]

wanna ask about bounty distribution too. you said that ahmed will pm people about bounty, but he will pm only people who didnt register on chronobank.io site and dont have account there, or to everyone who participated in bounty campaign?

[Golku]

The website needs to get fixed so we can register self.
Or someone should help Ahmed because we are waiting like weeks

[support2_chronobank]

wanna ask about bounty distribution too. you said that ahmed will pm people about bounty, but he will pm only people who didnt register on chronobank.io site and dont have account there, or to everyone who participated in bounty campaign?

Every bounty program participant will be contacted by Ahmed.

The website needs to get fixed so we can register self.
Or someone should help Ahmed because we are waiting like weeks

The website is fine. No actions are required from you now.
The bounties are not distributed now not because of Ahmed.

Can you let me know the bounty distribution date?

It was set to be 1 to 2 weeks after investor distribution complete. Still a couple hundred people have not entered their wallet addresses. However, the majority have, so bounty distribution should begin in a week or less.

[rgornik]

what do you forecast the long term price potential of TIME is?

Depends... what do you think the potential of a system that allows people to get paid instantly for their work, not have to deal with banks and cheque-cashing companies, and allows them to build a reputation for themselves and get paid more?

Since Labor Hour Tokens will be released in Australia first, let's use them as an example and do a little quick math... according to google, the population of Australia is just over 23 million people. If 1 in 1000 people started using the Chronobank system (LH tokens and/or LaborX) and worked 2000 hours per year (40 hours per week * 50 weeks), there would be 23,000 users going through a total of 46,000,000 LH Tokens. At the quoted rate of $39.89 AUD per labor hour (from the business outline on chronobank.io), that is a total of $1,834,940,000 AUD in LH Tokens issued.

TIME holders are entitled to a portion of those issued LH (3% in 2017, 2% in 2018, 1% thereafter) as well as a percentage of transaction fees, but let's just concentrate on the issuance fees, shall we?

With $1,834,940,000 AUD in LH tokens issued in the first year, the 3% allotted to TIME holders would would amount to $55,048,200. If that was divided evenly amongst all the 710,000 TIME that exist, then each TIME would get $77.53 AUD in LH "dividends". At 2%, it would be $51.69 AUD per TIME, and at 1%, it would be $25.84 AUD per TIME, per year. And that is with only 1 in 1000 Australians using the system... imagine if it were 1 in 100, or once the other LH tokens are added and the system is used in other countries.

It'll take some time for marketing and adoption of LH tokens and LaborX, but Chronobank just had a very successful ICO that raised what is hopefully enough capital to get things going, but once the system is in place and people start using it, the value of TIME may be virtually limitless. Right now, we have close to 7.5 billion people on the planet...  if 1 in 10,000 used the system, the annual "dividend" to TIME holders could be approximately $528 USD per TIME per year (assuming 750000 people working 2000 hours per year at $25 USD per hour)

So, to answer your question, my forecast for the long term price potential of TIME is that getting a couple btc worth of TIME now while it's cheap and holding it could set you up with a significant annual income a few years down the road. I really wish I could get more TIME while the price is low and I hope that all the short term prospectors continue to dump low for another month or two.

yeah, even $50 per time per year is great. Since they already have at least one company that's going to use the system, I would say this is great buy at this price.

There's no denying it, a project like TIME with real world usage can really shape up the labor and industry.

the real challange will be to attract non-crypto people into it. especially those that are really sceptical/conservative

This is true. No need to try to explain the intricacies of crypto-currencies or for users to even know about blockchain technology though... with debit card and mobile app integration, the users really only need to know that LH Tokens represent payment for work they have done, and they can be either traded to others directly in return for labor or goods, or converted to cash quickly and easily. With LH Tokens, a user can go do a day of work, have their pay available to them when they clock out for the day, and be able to stop at the grocery tore on the way home and pay with the debit card, and then pay the plumber for fixing the leaky faucet directly with LH tokens from the app on their phone. Chronobank totally streamlines the payment process from an end user point of view and shouldn't be a hard sell as long as they don't overcomplicate it.

For employers, I think the system would vastly simplify accounting and payroll procedures, make time tracking and data collection very easy and accurate, and probably save them a lot of money through increased efficiency and decreased overhead costs.

I imagine the trickiest part is going to be government acceptance, especially since it will vary from place to place, but as long as they can find a way to tax it and get their little slice of the pie there will likely be a way of gaining acceptance.

Exactly. Latest is what i was speaking about. And your view on functionality of platform is correct. Simple is better. Lets trust devs

[vnthpttl]

http://edwaygroup.com.au/

Visit the above link to see info about Chronobank in the edway group website.

Seems like chronobank will create history in being the first viable bridge between crypto world and the real business world.

[support2_chronobank]

Can you implement a system where we can check how much reward we can claim for the TIME we hold

So this will be easy for people who hold less to not to spend their gas fee?

Such information will be automatically avaliable in rewards contract details

[ujang1]

http://edwaygroup.com.au/

Visit the above link to see info about Chronobank in the edway group website.

Seems like chronobank will create history in being the first viable bridge between crypto world and the real business world.

I hope so, I think that this project can become a great

[Betomania]

Can you implement a system where we can check how much reward we can claim for the TIME we hold

So this will be easy for people who hold less to not to spend their gas fee?

Such information will be automatically avaliable in rewards contract details

When will such dividend is planed to be payed?

[Compa]

wanna ask about bounty distribution too. you said that ahmed will pm people about bounty, but he will pm only people who didnt register on chronobank.io site and dont have account there, or to everyone who participated in bounty campaign?

to everyone who participated in the bounty campaign
and the distribution bounty will be paid a few days and 4 day left again 2 weeks after investors

[malcovixeffect]

I hope Chrono team decides to pay out the bounty already this it will stop the continuous question regarding bounty distribution.

[saiha]

THE HECK?! The old spreadsheet cannot be opened? I joined the campaign December 13, 2017

I joined the campaign.

I want to advertise this chronobank ICO.

And upon checking my post history I manage to got and reached 50+ posts, 59 specifically and then I got rejected? Try to check it again ahmed and whole chronobank team.

I can't even have an access for the older spreadsheet.

I've passed this along to Ahmed. Is no different spreadsheet btw, it's the same one that's been from the start.

Please take action on my case chronobank team, if you are going to check my post history I've reached higher than 50+ post since the date I've join on December 13,2016 which qualifies me with the bounty.

I don't know if there is something with the spreadsheet but I'm pretty sure that I must be included to those accepted for the bounty.

Bump.

Again still no news.

[maknyos]

wanna ask about bounty distribution too. you said that ahmed will pm people about bounty, but he will pm only people who didnt register on chronobank.io site and dont have account there, or to everyone who participated in bounty campaign?

to everyone who participated in the bounty campaign
and the distribution bounty will be paid a few days and 4 day left again 2 weeks after investors

bounty newsletter sir?