TimeCoinProtocol - decentralized sharing economy protocol

[TimeCoin Protocol]

Where to keep track of TMCN price?

We are all eagerly waiting for TMCN to begin growing in price! Where do you monitor its price? The answer is simple: you can always keep track of TMCN price on Coinmarketcap and Coingecko:

https://coinmarketcap.com/currencies/timecoinprotocol 
https://www.coingecko.com/en/coins/timecoin-protocol 

Another important point: we are working hard at putting TMCN back to its fair value!

[TimeCoin Protocol]

NFT market size in 2022

Experts of the Jefferies investment bank have predicted the NFT market to grow up to $35 billion in 2022, and about $80 billion by 2025. This means that every NFT holder, provided they joined a prominent, interesting project, has all the chances to multiply their wealth!

According to financiers, NFTs allow brands to grow their presence thanks to the empirical digital links. In particular, celebrities and famous brands alike are buying up lots of digital land in The Sandbox and Decentraland, to boost blockchain awareness, as well as that of their own brands, and are also buying various NFTs!
And what do you think about NFT volumes?

https://www.timecoinprotocol.com

[TimeCoin Protocol]

IMF slams El Salvador

The International Monetary Fund slams El Salvador’s Nayib Bukele’s affinity for Bitcoin. According to the IMF, El Salvador should really think about regulating digital assets because of the dangers associated with them.
 
However, despite the IMF’s announcements, Nayib Bukele doesn’t seem to be stopping with his Bitcoin policy. Even before the Bitcoin law was passed, he was actively promoting the coin among regular Salvadorans and he continues doing it to this day. We are 100% on his side here: the future belongs to cryptocurrencies and digital assets, and they will transform society in the near future!

https://www.timecoinprotocol.com

[TimeCoin Protocol]

Key development pathways for TMCN

TimeCoinProtocol is a multi-faceted project! We are trying our best to cover more ground on the crypto market! TimeCoinProtocol is more than just a platform, it’s a true decentralized sharing economy ecosystem built on the Ethereum blockchain that encompasses several key aspects of modern life:

DeFi
NFT
Gig Works
Games
eSports

If you take a closer look at any of these fields, you’ll see how they are growing by leaps and bounds, with even more growth ahead. We don’t want to keep all eggs in one basket, so we branch out into multiple popular industries at once!

Learn more at https://www.timecoinprotocol.com

[TimeCoin Protocol]

What do users get from decentralization?

This question is crucial to answer, since we’re building a decentralized project, and it’s incredibly important for us. But why has decentralization made such a splash? Here are a few key advantages that users get from decentralized systems:

No need to trust a central authority that might be incompetent, vulnerable to attacks, or even have ill intentions.

Less censorship. Governments often restrict their citizens’ access to various websites and social media. Censoring traffic in a peer-to-peer network is much more difficult, because every package can be sent to every other node on the network, and they will relay this data further.

Most of the applications on the network are open source. Anyone can copy some or all of the code, and create their own applications with it. The more decentralized products come out, the more advantages and opportunities open up for the network users.

Proper economic incentives. Users who support the network get rewarded for it financially. The more support they provide, the more they are rewarded.

Of course, decentralized networks have their downsides too: they are usually slower to develop, have lower adoption rate, might be more expensive or have lower efficiency at the time of launch. However, most users agree that the end result is worth the effort.

 https://www.timecoinprotocol.com

[TimeCoin Protocol]

DeFi Digest

What’s happening on the DeFi market is very important for our project, because this tech lies at the core of TimeCoinProtocol’s development strategy.

On February 18th, 2022, the total value locked (TVL) in Ethereum DeFi projects was $73.4B according to DeFi Pulse. TVL has hovered in the $70-75B range since the start of this February.

The DeFi market continues changing and we will continue watching it for you! We believe in keeping track of the market and staying up to date with trends.

https://www.timecoinprotocol.com

[TimeCoin Protocol]

📣Ethereum creator says retreat in crypto prices is ultimately beneficial for the market

📚Vitalik Buterin believes the cryptocurrency industry will benefit from the current price drawdown.
 
💭“The people who are deep into crypto, and especially building things, a lot of them welcome a bear market,” he said. “They welcome the bear market because when there are these long periods of prices moving up by huge amounts like it does -- it does obviously make a lot of people happy -- but it does also tend to invite a lot of very short-term speculative attention,” Buterin added.
 
📚Vitalik has also expressed that the current decline might be a mirror of the volatility on other markets.

🎯 https://www.timecoinprotocol.com

[TimeCoin Protocol]

TimeCoinProtocol's Three App

We regularly talk about the various elements of our project since TimeCoinProtocol is a multi-faceted ecosystem! Now is a great time to remind ourselves which apps are part of it.

We have 3 applications, TimeTicket, GameTomodachi, and eSportStars. TimeTicket already has 500,000 users.

eSportStars is a platform that connects esports players and fans from around the world.

GameTomodachi is a game player matchmaking service under development.

Want to learn more? Visit our website at https://www.timecoinprotocol.com

[TimeCoin Protocol]

Just 0.01% of BTC holders control almost one third of all crypto

The National Bureau of Economic Research shows that 0.01% of cryptocurrency holders control 27% of its supply.
Just 10,000 Bitcoin addresses hold 5 million Bitcoin out of the 19 million currently in circulation, which is equivalent to some $232 billion US. According to the study, 90% of Bitcoin transactions are not purchases, but rather someone’s internal transactions.

The report says that of the remaining 10% of transactions, less than 3% are tied to illicit activities, scams or gambling. The majority of the 10% are linked to transactions between various exchanges and trading platforms that cater to institutional investors.

https://www.timecoinprotocol.com

[TimeCoin Protocol]

What is eSportStars?

We have already mentioned this name this week, but why not discuss eSportStars in more detail?

Signing up to eSportStars is simple, it allows you to:

🎯 Play games against esports players and fans around the world;
🎯 Organize and participate in tournaments;
🎯 Get rewarded for participating in game matches and competitions;
🎯 Get rewards by uploading live video of the game tournament;
🎯 Buy and sell esports related goods and services;
🎯 Communicate with players from all over the world.

Visit eSportStars today https://esportstars.jp

[TimeCoin Protocol]

DeFi Digest

What’s happening on the DeFi market is very important for our project, because this tech lies at the core of TimeCoinProtocol’s development strategy.

The DeFi market continues changing and we will continue watching it for you! We believe in keeping track of the market and staying up to date with trends.

https://www.timecoinprotocol.com
 

[TimeCoin Protocol]

Cryptoeconomics of TimeCoin

TimeCoinProrocol is a platform that connects people who wish to buy and sell skills and exchange knowledge. The decentralized TimeTicket dApp expands these services and offers direct peer-to-peer interactions without intermediaries. How does it work? We’ll explain using a simple example.

All platform users are divided into two large groups:

Fans. They buy NFT digital items such as games, esports, anime, anime songs, cards, figurines as well as memberships, tipping service etc. Fans can get various privileges for using the platform.

Creators in the esports, gaming, and anime space. Этo VTubers, YouTubers, Professional gamers, Game players, Anime creators, Artists, Comics artists, Entertainers. They can get rewards and tips from fans.

This way both sides are interested in working on the platform!

https://www.timecoinprotocol.com
 

[TimeCoin Protocol]

How does the NFT market work?

Seasoned investors likely already know how it all works as this market follows all the same rules. The only difference here is that it’s not gold or Bitcoin that is being traded, but unique NFTs. Each of them is valued at its own price that fluctuates, some may be cheaper, some more expensive. The NFT market rarely sees prices on its art pieces go down, however. Enthusiasts and new investors see the real value behind the assets and support them with demand. We advise you to hurry if you don’t want to see the NFT that you like skyrocket out of your reach.

 https://www.timecoinprotocol.com
 

[Blowon]

Since the creation of this thread in 2020. I think this project already has a lot of community support.
But his twitter account only has 2k followers, although it looks like his twitter has active tweets till now.
What happened to your project's twitter?
is this the new twitter?
I think this project should have amassed a lot of followers on twitter at least.


I am also interested in one of the dapps that you created, namely eSportStart where the games provided will be able to be matched
with the team by actively becoming a community there. but it seems very quiet. Even the twitter that I saw on the EsportStart website has been inactive since 2021.
Will there be any good news in the future about eSportStart Dapps?
I'm sure a lot of people are interested in game tournaments.

[TimeCoin Protocol]

Since the creation of this thread in 2020. I think this project already has a lot of community support.
But his twitter account only has 2k followers, although it looks like his twitter has active tweets till now.
What happened to your project's twitter?
is this the new twitter?
I think this project should have amassed a lot of followers on twitter at least.


I am also interested in one of the dapps that you created, namely eSportStart where the games provided will be able to be matched
with the team by actively becoming a community there. but it seems very quiet. Even the twitter that I saw on the EsportStart website has been inactive since 2021.
Will there be any good news in the future about eSportStart Dapps?
I'm sure a lot of people are interested in game tournaments.

Hello! The project is developing. And very soon you will hear very interesting news!

[TimeCoin Protocol]

TimeCoinProtocol architecture

The architecture of TCP is designed to create a productive ecosystem in which cooperation and healthy competition drive development. The connective protocol layer encourages users to engage in cross-dApp usage by allowing them to carry their transaction history, evaluations, and reputation between dApps. This will motivate dApp providers and in-dApp vendors to constantly strive to improve their products and services.

The TCP Application Common Libraries are a JavaScript-based catalog of developer tools that are openly accessible to all TCP developers.

The Open Source Search Server provides a search function that will allow users to search for products and services in TCP dApps.

The protocol offers a number of functions including account management, dApp browsing, product or service transactions, settlement, scoring, and token reward allocation. The protocol acts as an intermediary system that facilitates interactions between dApps, IPFS, and the EOS blockchain as well as external arbitrators and oracles where necessary.

https://www.timecoinprotocol.com
 

[TimeCoin Protocol]

DeFi Digest

What’s happening on the DeFi market is very important for our project, because this tech lies at the core of TimeCoinProtocol’s development strategy.

The first week of March turned out to be a difficult one for the DeFi market: first, TVL grew by more than 4 million, reaching $78.4 billion, but then the trend slowed down, and after a couple of days even reversed. Ultimately, Total Value in DeFi dropped to $74.3 billion.

The DeFi market continues changing and we will continue watching it for you! We believe in keeping track of the market and staying up to date with trends.

https://www.timecoinprotocol.com
 

[TimeCoin Protocol]

GameTomodachi: a TimeCoinProtocol project

GameTomodachi: Game Player Matchmaking dApp that we’ve mentioned before, but would like to reiterate on once again!

So, GameTomodachi provides game players to find a new game friend to play with/against various games. They can communicate with each other about common interest topics. An influencer can sell a ticket to play a game with a fan, share pictures/video, and sell NFT goods as well.

Learn more at https://gametomodachi.com

[TimeCoin Protocol]

NFT technology prospects

These days NFTs appear to be the most discussed technology in 2021! The year of 2022 won’t be an exception! Let’s think ahead a little: what’s in store for this technology? What does the future hold for NFT? Let’s see what experts believe.

NFTs have the power to revolutionize the way we combat forged documents. For example, tokens can make identifying fake diplomas easier.

Tokens can permanently change the copyright system when it comes to digital content, protect crypto art and videos from illegal reproduction, and allow streaming services to license movies and TV shows way faster.

NFTs are intensively used in games with internal purchases in order to confirm ownership of virtual items. First and foremost, this is necessary to enable players to transfer items between their accounts, resell these items, and use tokens to prove ownership.
Thanks to NFTs, content creators (artists, musicians, video makers, bloggers) can earn money without intermediaries and receive funds directly from the audience. Moreover, NFT makes earnings on exclusive (and expensive) deals possible.

Operations with NFT tokens are generally way faster than operations with physical objects, which also exerts a positive impact on the implementation process. With this technology, it will be easier for users to work in previously bureaucratic areas. Now registration and reaffirmation of rights, authentication and other tasks can be performed automatically.

We believe in the potential of NFTs, which is why we’re building our project around this technology! Join us now if you don’t want to regret missing out later!

https://www.timecoinprotocol.com
 

[TimeCoin Protocol]

TimeCoinProtocol's goals

TimeCoinProtocol engenders a more interconnected world in which people are free to work how and when they like; where value accrues to the worker rather than to third parties; and where creatives can cheaply and easily develop sharing economy services and deploy them without being stifled by established industry giants. This is the world we’re after!

Compared to traditional sharing economy systems, TimeCoinProtocol does:

Redistribute a greater proportion of value generated to users having created the value.

Significantly reduce transaction fees.

Efficiently utilize user metrics and other data across dApps.

Minimize development and operation costs for service providers.

TimeCoinProtocol is designed to overcome the bottlenecks that currently prevent the sharing economy from realizing its full economic and social value.

https://www.timecoinprotocol.com