R.I.P Chronobank (TIME)

R.I.P Chronobank
TIME token is the king of failed ICO projects.
ICO price 0.01BTC , price now 0.00061BTC
https://coinmarketcap.com/currencies/chronobank/
Bittrex , Liqui delisted TIME and other exchanges are on the way to do the same thing.
After 1year and 10 months the only working product is chronowallet (same as MEW + support few altcoins)

ChronoBank ICO collected:

· 3,123 BTC
· 14,385 LTC
· 48,945 ETH
· 33,043 ETC
· 13,587,411 NEM
· 385,963 WAVES
· 416,566 EMC
· ($1,108,180)

https://blog.chronobank.io/chronobank-ico-raised-5-4-million-usd-90f16e17188

Sorry for investors and everyone who believed CEO Sergei Sergienko promises.

Percentage wise a ton of other shitcoin ICOs have fared worse than TIME. So no, TIME isn't the "King of Failed ICOs"

Quote from: Seetheummerallyeah on October 11, 2018, 03:33:40 PM

Percentage wise a ton of other shitcoin ICOs have fared worse than TIME. So no, TIME isn't the "King of Failed ICOs"

TIME is the Queen then Grin

I remember observing their website and ANN thread with intrigue back in the days as everything looked so incredibly sterile and polished but was unable to comprehend their idea completely. Their ICO fell in the time-frame of ICO boom so no wonder they have managed to collect so many funds. What can I say, their investors have probably learned a painful lesson.

This is not surprising at all, Most of the sh*tcoins are gonna face the same fate, You'd first have them talking and talking, Advertising more and more just to get your money, Later they'd die because there is no application and product to sell for a higher price. What did they promise to investors? I don't think that they were promising the investors only a working wallet which everyone could build for free, Most of the sh*tcoins you see are only giving you a wallet to hold other coins, Well, Every coin has it's own wallet, They don't really need a new wallet which is only usable if you were paying for it with another coin.

They have a catchy name but like most of the market a bad product.

It is more than expected. Now we are in time for just the strong coins will live. The unnecessary ones will die.

I don't think so. In my opinion, it is the very big wave of beang of this. You could say R.I.P. only if you wouldn't use this ever.

Not only TIME, I think there are so many ICO projects need to say sorry to investors whom believe in their projects. LOL. Of course ICO project created with good purpose but not all of them can be successful like EOS or NEO. We can't do anything else but accept the risk when we wanna invest in any ICO.

Sergey sergienco in Bahas already. He can live there forever doing nothing...) What for to develop...)

In this bear market each and every shitcoin will be exposed and this shitcoin will lack liquidity on the Exchanges. Chronobank raised huge amount from its token same but have launched only one product which is also the copycat product. Same thing happened with the biotron hopefully soon liquid exchange by quiono will also start to delist as they have huge number of coins and token which doesn't have liquidity at all.

They made a huge mistake when they decided to sell the ICO for such high price, the expectations are much higher if you give yourself such unrealistic valuation. Noticed that they recently updated their Github and they are still active on some social media platforms so maybe their is still some hope.

Quote from: Seetheummerallyeah on October 11, 2018, 03:33:40 PM

Percentage wise a ton of other shitcoin ICOs have fared worse than TIME. So no, TIME isn't the "King of Failed ICOs"

Maybe TIME isn't the King but it is certainly a good example why it can be dangerous to invest in ICOS.

I was never a fan of Chronobank but there is much worth ICO than Chronobank, but it is for sure will have a place between the top 10 successful failed ICO. I remember a couple of days ago and for some unknown reason someone was trying to HYPE this project on this forums, probably he/she is just trying to get out of it, they need a miracle, not just HYPE.

Quote from: byamni on October 11, 2018, 03:32:25 PM

There are a lot of coins and altcoins at the moment with the exact same situation. Don't think that TIME really takes the cake here however they are a true disappointment for the investors. There is a slight hope that when the market restore TIME will get back it's positions as well as investors trust...

I'm only aware of Chronobank (TIME) but I didn't gave time on who's the CEO of it.

Well during its ICO time this coin has been on hype and I thought that there's a good progress on this coin until today but well I guess ICO tokens are being taken down one by one. Sorry for those folks that invested to this coin and never sold while there have time before.

Quote from: xOdiumNostrumx on October 11, 2018, 04:06:20 PM

yes, raised fund more than the hard cap that they set in ICO and you can see the result now , almost two years and no product and 95% lose for investors.

Quote from: ImHash on October 11, 2018, 05:04:34 PM

This is not surprising at all, Most of the sh*tcoins are gonna face the same fate, You'd first have them talking and talking, Advertising more and more just to get your money, Later they'd die because there is no application and product to sell for a higher price. What did they promise to investors? I don't think that they were promising the investors only a working wallet which everyone could build for free, Most of the sh*tcoins you see are only giving you a wallet to hold other coins, Well, Every coin has it's own wallet, They don't really need a new wallet which is only usable if you were paying for it with another coin.

The CEO gave ton of promises such as 1000s companies partnership to use Chronobank LaborX before the end of 2018 also promised that Time get listed in top exchanges and get top10 in CMC but i can see Time got delisted from Bittrex and Liqui due to project failure and low trading volume.

Quote from: batang_bitcoin on October 14, 2018, 05:07:55 PM

Time is token of Chronobank project and in ICO time the CB CEO spent thousands of dollars to advertise his ICO and ofc they collected millions of dollars , after ICO end they gone total silence and ignored investors , even refused to pay for exchanges listing and i remember one of admin on telegram say we dont pay huge fees for simple listing its up to them to add Time , he think himself still in 2014 lol

Quote from: byamni on October 14, 2018, 05:02:14 PM

0.00047BTC/Time

R.I.P

No body know what will happend to the future from a cryptocurrency project,, my friend,,,
Because there is a lot of project collect more money if we compared with TIME,, but they are failed too even didn't touch a famous exchange

Quote from: cryptonx on October 14, 2018, 05:29:26 PM

Did they let there tokens to lose 95% of its real value?