R.I.P Chronobank (TIME)

[batang_bitcoin]

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.

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

Yeah I remember those time that they also did a signature bounty in the forum.

And those days ICOs were on hype so people who just sees an ICO that has a lot of advertisement, makes them believe and trust it. Its obvious that they have sold millions of their tokens during the peak and just exit out of that token, really feel sorry for those folks that believed on this coin.

[byamni]

Yeah I remember those time that they also did a signature bounty in the forum.

And those days ICOs were on hype so people who just sees an ICO that has a lot of advertisement, makes them believe and trust it. Its obvious that they have sold millions of their tokens during the peak and just exit out of that token, really feel sorry for those folks that believed on this coin.

Yes its an exit out , Chronobank CEO dont react at all to the TIME price crash and act like nothing happened , they keep lying to community on telegram channel and ban anyone tried to ask legit questions about TIME price or working product , No one know how much ICO fund left because there is no Financial Report.

[siddartha1492]

Hmm, where is the news regarding it? And even though the price might have gone from 0.01 BTC to 0.0006 BTC, but then BTC was not very high at that time. And maybe the next bull season, it will rise again. I saw it as one of the first legit crypto application aimed at mainstream adoption. Although yes, I never understood it. The concept was very complex and they didn't have any real product back then. Don't know what's the status now.

[Chronobank]

Our team is working harder and more consistently than ever before.

TimeX exchange will be launched in the following very few weeks and will set industry-wide standards for decentralized exchanges.
- TimeX will be running on the same custom Ethereum sidechain that LaborX will utilize, too.
- It will not only allow trading of Ethereum and tokens but also support many other blockchains like Bitcoin, NEM, WAVES, DASH etc.
- This all comes with trading fees lower than on any CEX and many other DEX's with a Taker fee of only 0.075% and a negative fee (reward) for Maker (liquidity providers of 0.025%. Meaning that you will even be awarded for trading on TimeX as a Maker.
- There will be no Deposit fee for ETH and token other than the unavoidable transaction fee itself.
- A small Deposit fee for coins of other blockchains like BTC etc. (needs to be wrapped to sidechain-BTC) will be applicable.
- We plan to make all features available for everyone independently of their verification tier.
- The only thing being limited to verified users only will be the access to fiat gateways later on.
- Free market making features (trading bots) integrated into TimeX for anyone interested (API trading).
- Customizable dashboard and notification system.
- Advanced security options such as Mutual SSL, Encrypted Keystore and 2FA.

About LaborX, we are currently conducting an open beta testing phase, particularly testing the Client - Worker scenario.
Bugs detected during this testing phase are being fixed within only a few days.
We expect LaborX, and thus mining LHT with TIME in PoS, to be launched in Q4 2018 thus within the next 8 weeks.

About exchanges for TIME, as mentioned in one of the previous messages, there will be more exchanges listing TIME in the near future.
About Liqui, I think I don't even have to explain this, looking at how they're delisting 25 (!) coins within some days.

LaborX Sidechain and Token Mining Explained

https://blog.chronobank.io/laborx-sidechain-and-token-mining-explained-39777984ebaf

[byamni]

Post all that when you make it real

Our team is working harder and more consistently than ever before.

TimeX exchange will be launched in the following very few weeks and will set industry-wide standards for decentralized exchanges.
- TimeX will be running on the same custom Ethereum sidechain that LaborX will utilize, too.
- It will not only allow trading of Ethereum and tokens but also support many other blockchains like Bitcoin, NEM, WAVES, DASH etc.
- This all comes with trading fees lower than on any CEX and many other DEX's with a Taker fee of only 0.075% and a negative fee (reward) for Maker (liquidity providers of 0.025%. Meaning that you will even be awarded for trading on TimeX as a Maker.
- There will be no Deposit fee for ETH and token other than the unavoidable transaction fee itself.
- A small Deposit fee for coins of other blockchains like BTC etc. (needs to be wrapped to sidechain-BTC) will be applicable.
- We plan to make all features available for everyone independently of their verification tier.
- The only thing being limited to verified users only will be the access to fiat gateways later on.
- Free market making features (trading bots) integrated into TimeX for anyone interested (API trading).
- Customizable dashboard and notification system.
- Advanced security options such as Mutual SSL, Encrypted Keystore and 2FA.

To be honest mini-jobs website is better looking than your LaborX

About LaborX, we are currently conducting an open beta testing phase, particularly testing the Client - Worker scenario.
Bugs detected during this testing phase are being fixed within only a few days.
We expect LaborX, and thus mining LHT with TIME in PoS, to be launched in Q4 2018 thus within the next 8 weeks.

See, only promises, I heard that from 1 years ago but still nothing happened

About exchanges for TIME, as mentioned in one of the previous messages, there will be more exchanges listing TIME in the near future.

Wrong , ask yourself what makes bittrex and liqui to delist Time token.

About Liqui, I think I don't even have to explain this, looking at how they're delisting 25 (!) coins within some days.

[Hudora]

When you provide your investors with 70% bonus, you could expect even lower fall. I think I could write a book about failed ICOs, and the King is ETH.

[daviidalpert]

I know this project.But I haven’t paid attention to it for a long time.There are many failed projects in this market.they are very good at the beginning.But in the end, there was no success.

[shawn_xxj]

I do hope a sub forum can be created to take record of these failures, not to judge whether those founders are liars, just leave a record there,  so that next time when they launch a new project, potential investors can have something as referral.

[EducoinVietnam]

I was a witnes of Hamster ICO. The have offered up to 40 different payment methods, but they were not able to attract even 3 millions. Their tokes were sold by 2 dollars, and then they did not make it to the exchanges.

[elis74]

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.

Lol, there were a project that could not reach psycological barrier of 100 ETH, so TIME do not know a thing about failing ICOs. It is not the king.

[GregH37]

I know this project.But I haven’t paid attention to it for a long time.There are many failed projects in this market.they are very good at the beginning.But in the end, there was no success.

There are so many failed projects and that is basically because the team has refused to develop further into the project and all they cared about in the first place anyway was their own pocket.

Of course, it is not the only project that has really hit the ground basically, but one thing about this market is that it is highly speculative, and when we start seeing pump tomorrow in projects like this, all in the name of wanting to get rich people still hop in. Also, a lot of team do not always plan ahead pretty well for the future, and they are just after successful ICO no matter how the long term would be like, which is what I see with the 70% bonus to investors like which was mentioned by Hudora.

[TomInVa57]

Most of tokens feel the same, just because there were more bounty hunter than investors, and all these hunters are not likely to keep tokens.

[cescudero95]

A cautionary tale.  Whenever you find yourself assessing an investment, be it debt instruments, public equity, crypto-assets, real estate, etc, you have to do your due-diligence.  Also, never put all your eggs in one basket.  It's cliche, but it's true.

[Sengoko]

When you provide your investors with 70% bonus, you could expect even lower fall. I think I could write a book about failed ICOs, and the King is ETH.

and that is always the thing. A lot of these projects only came with empty promises, and then pushed out some huge bonus into the space for early investors and then think in such cases they will not have the value dealt with.

For one thing actually, this is a project that does not even have any real life product at the moment, and all they are just doing is telling what they are going to be coming up with very soon, so it is a normal thing to see even investors losing their patience, and since they have a lot of bonuses, they dump it all on the market.

[CryptoIyke]

This reminds me of bitconnect, the huge fall was epic, a coin that dropped from $300 to about $50 in less than 48 hours, and eventually 'died'. It is already known fact that a lot of coins will not eventually die and this should be due to a number of reasons which include exiting as scam, loss of investors confidence, could not withstand existing competition, team abandoning project among others. So far the amount of coins in this category are almost equal the real coins if not more

[l10no]

I don't know who will be blamed in this area, your problem must indeed be discussed, because obviously the price is now very far from the ICO price. I am sure that this incident is not only you but many investors will cry with this incident.

[shinratensei_]

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

Please stop talking bullshit about this one and i was feeling doubt after seen the whitepaper of shitty chrono. It's a garbage project without any product. You can try to create such a comparison between chrono and eidoo and it looks so different. Eido is always increasing a lot anytime.

[oicieffive]

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.

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

Yeah I remember those time that they also did a signature bounty in the forum.

And those days ICOs were on hype so people who just sees an ICO that has a lot of advertisement, makes them believe and trust it. Its obvious that they have sold millions of their tokens during the peak and just exit out of that token, really feel sorry for those folks that believed on this coin.

At least they are active enough to realize there is a topic about how they failed and come here write some stuff. I mean I still don't think they will ever succeed but that is the way ICO's go, sometimes they are good sometimes they fail. I do not believe these dudes stole your money and ran away with it, look at them still working hard to make this a reality but they are missing out on the fact that people can pay in crypto without TIME at all and still find workers. Look at crypto.jobs for example, you can find a remote job there anytime you want and apply to get paid in crypto. There are not many jobs available but at least it works much better than what TIME offers and right now they are booming with newcomers every single day. Some of the jobs are already covered as well.

[Ayobami99]

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.

so sorry for the losses that must have been recorded by the investors of this project but i think it is not the only one suffering this fate, there are many others too because of the low market....

[nak02]

Not only that tokens are now in grave danger almost all because of these bad market, investors are picky now and I think they have also private organisation to choose some good projects also to be profitable.