TIME
Chrono.tech Rank 1049
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710,113 TIME
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Chrono.tech
Chrono.tech Price $ 19.90
$ 19.90
Chrono.tech 24h Vol
$184,826
$184,826
Chrono.tech Market Cap $14,132,321
$14,132,321
24h Vol
2 BTC 1 H
-0.01 %
24 H
-4.11 %
7 d
-15.5 %
Today Chrono.tech price in US dollars is currently
19.90
USD, and if converted to Bitcoin is
0.00020879
BTC. A total of 710,113 TIME are currently circulating in the Market. Chrono.tech price is currently experiencing a change of -4.11 %, and check here all cryptocurrency. Over the past 24 hours 0.002 M US dollars Chrono.tech have been traded on Crypto Exchanges. Get Chrono.tech's progress by adding it to your favourites and creating a free portfolio.
Full Name
Chrono.tech
Symbol
TIME
Algorithm
BTC Price
0.00020879 BTC
BTC Market
148 BTC
BTC 24h Vol
2 BTC
Total Coins Mined
710,113 TIME
1h
-0.01 %
24h
-4.11 %
7d
-15.5 %
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Website
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Description
Description
Time is an Ethereum-based token issued by Chronobank. It allows users to receive dividends from the fees and issuance of Labor-Hour Tokens (LHT) in the Chronobank system.
Chronobank is a system designed to tokenize labour-hours using blockchain technology. The system leverages smart contract techniques to automate a process whereby a country-specific ‘labour-hour’ token may be redeemed for real labour-hours via legally binding (traditional) contracts with labour-offering companies. The proposed ‘stable-coin’ LHT implementation provides a non-volatile, inflation-resistant digital asset transfer system.
ICO Details
ICO Details
)
The vision of ChronoBank (CBE) is to launch a stable cryptocurrency, Labor Hour Tokens (LHT) backed by an agreement to redeem tokens for one hours worth of labor at the Australian national average wage. Over the course of two months, ChronoBank collected a total of $5.4 million in a number of different currencies. This included:
· 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
12% of tokens have been allocated to the team and the remaining 88% distributed to ICO investors.
| ICO Status | Finished |
|---|---|
| Token Supply | 710113 |
| Start Date | 2016-12-15 |
| End Date | 2017-02-15 |
| Fund Raised (BTC) | 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 |
| Fund Raised (USD) | 5400000 |
| Start Price (USD) | 7.6 |
| Security Audit Company | N/A |
| ICO Legal Form | N/A |
| ICO Jurisdiction | N/A |
| Legal Advisers | N/A |
| Blog | https://blog.chronobank.io/@Chronobank |
| White Paper | https://chronobank.io/files/whitepaper.pdf |
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