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Author Topic: MIN the time based cryptocurrency  (Read 57 times)
inmin (OP)
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June 11, 2018, 12:23:58 PM
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Time.
It is the most valuable commodity we have.
We watch it, measure it, count it and sell it. We try, when we can, to manage it with our diaries and our planners and still, there’s not enough of it to go around. Technology was supposed to free our time and make us more productive, but it simply created more ways to steal time from us. We are buried under a never-ending avalanche of push-ups, pop-ups, alerts, bells and whistles which serve to distract us from our tasks and drive our productivity down. As the list of things demanding our attention has steadily increased the blocks of time which we seem able to devote to any one thing have decreased.
In this environment in which the demands on our time have grown, scheduling has done nothing to move with the times. Lawyers charge by the hour — as do blue and white collar professionals. Medical advisors still schedule appointments in 30 or 60 minute blocks, even though patient needs can vary wildly. This rigid scheduling benefits no-one. Clients pay for time they don’t need while professionals are left with gaps in their schedule they are unable to fill.
We have failed to adapt, but what if there was a better way?
Welcome to MIN
MIN is a tokenized means of payment by which professionals, consultants and experts of all varieties can charge for their time in a flexible, transparent and fair system. By moving to a per-minute payment structure, MIN will remove much of the worst elements of the consulting and freelancing landscape. No longer will clients be overcharged for services. No longer will a few extra minutes of work delivered be tallied up to the nearest hour. Professionals won’t need to justify that extra hour and risk good relations with their client with MIN. Clients will know they’re getting exactly what they pay for, while freelancers will know that every minute of time spent is time rewarded.
What’s more, opportunities for billable time increase hugely with MIN. A spare 20 minutes while waiting for a flight is a business opportunity. A short commute on the train can pay for itself with per-minute billing. So many of the previously wasted moments in life will become monetized moments. In that way what was once lost time will be turned into profit, making free time more enjoyable and richly spent. MIN is the payment system of the 21st century, a payment system in which every minute counts.
The potential for MIN does not end there. MIN can also be used a rewards system for completing tasks and browsing. Social platforms can form partner programs to reward users for time spent completing various tasks. With MIN even ‘wasting time’ can become uniquely rewarding and worthwhile. Social platforms which can incentivize their audience to participate in the fullest way possible will place themselves at an advantage to their competitors. In this way users will be able to feel appreciated and valued and social platforms will know that they are giving tangible value back to their contributors.
MIN and Thirtymin
Thirtymin is a fully functioning and working app which allows people who don’t know each other to connect and interact. Thirtymin will provide the first use case of MIN, demonstrating the benefits and advantages of per minute billing for all. MIN can also be adapted to work with many other platforms as with API integration developers will be able to incorporate and build on top of MIN’s open source framework. In this way the MIN protocol can be used with social platforms, business networks, dApps, and much more.

Conclusion
The promise of MIN is to create a new, better way of doing business. The world is a hugely changed place to the one of 20 years ago, and yet our appointment schedules and business planners have not adapted. A new way of working is required. That way is MIN, a modern, tokenized payment system which reflects the world in which we live. By using MIN on the Thirtymin platform clients will be able to connect with experts from around the world in a fairer, more transparent system. Professionals of all colors and stripes will be able to make more productive use of their ‘free’ moments, ensuring less of their time is wasted. MIN is the per-minute billing system we need, supported by a working platform to showcase its potential for betterment.
In the coming weeks MIN will be releasing much more information about MIN tokens and their use in conjunction with our first adopter, Thirtymin. We will also be launching an ICO in support of the project and its tokenized payment structure. In order to stay fully up to date and find out when our ICO launches please follow us here on medium. We’re sure to make every minute of your time count.
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