TIME
Chrono.tech Rank 1082
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710,113 TIME
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Chrono.tech
Chrono.tech Price $0.43
$0.43
Chrono.tech 24h Vol
$27,607
$27,607
Chrono.tech Market Cap $308,663
$308,663
24h Vol
6 BTC1 H
-5.13 %
24 H
-38.67 %
7 d
-55.53 %
Today Chrono.tech price in US dollars is currently
0.4347
USD, and if converted to Bitcoin is
0.00009759
BTC. A total of 69 coin's are currently circulating in the Market. Chrono.tech prices are currently experiencing a change of -38.67 %, check all cryptocurrency. Over the past 24 hours 0.000 M US dollars Chrono.tech has been traded on Crypto Exchanges. Get Chrono.tech's progress by adding it to your favourites and creating a free portfolio if you wish.
Full Name
Chrono.tech
Symbol
TIME
Algorithm
ETH Token
BTC Price
0.00009759 BTC
BTC Market
69 BTC
BTC 24h Vol
6 BTC
Total Coins Mined
710,113 TIME
1h
-5.13 %
24h
-38.67 %
7d
-55.53 %
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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 | Corporation |
| ICO Jurisdiction | Russia |
| Legal Advisers | N/A |
| Blog | https://blog.chronobank.io/@Chronobank |
| White Paper | https://chronobank.io/files/whitepaper.pdf |
