The Particular Token Sale of TimeCoin (TMCN) was launched on February fifteenth, 2021, with a 93% low cost on the token’s present market worth.
The token was launched on November eleventh, 2020 on BitForex as an IEO, at an preliminary worth of $0.7. After the launch, the worth rose to $11, and it has continued to rise. TMCN’s worth hit a file excessive of $8,500 on February 18th, 2021 and that worth was greater than 12,142 occasions the preliminary worth. Additionally, TimeCoin is listed on BitMart on March twenty fourth, 2021 and might be listed on different exchanges close to the long run.
The venture, the TimeCoinProtocol, was initially financed by just a few traders who invested round $4 million, and solely a really restricted variety of tokens have been positioned available on the market.
Now with the Particular Token Sale, the tokens might be offered on the OTC market. The venture purchased again many of the tokens obtainable available on the market in order to not improve the promoting strain.
The tokens may even be made obtainable for buying and selling on different crypto exchanges sooner or later.
Thus far, no public or personal sale of TimeCoin has been carried out, however relatively small portions of tokens have been offered throughout the IEO.
The Particular Token Sale serves particularly to boost funds for the event and enhancement of the venture, and particularly for the eSportStars dApp, which was launched in October 2020 and is predicted to develop sooner than anticipated. The venture requires additional improvement, in addition to the implementation of DeFi and NFT functionalities within the TimeCoinProtocol, and new funds to help improvement and advertising prices.
For that reason, the choice has been made to launch two particular, off-market token gross sales as a way to allow the implementation of DeFi performance within the eSportStars and TimeTicket dApps, in order that followers can help creators equivalent to eSport gamers, streamers, VTubers, and so forth.
It will enable each creators and followers to obtain extra tokens, in addition to in-game gadgets, artwork and anime characters traded utilizing NFTs.
Out of a complete of 100,000,000 current TMCN tokens, 10,000,000 tokens might be offered throughout the two particular token gross sales.
The primary one was launched on February fifteenth, and can run till April thirtieth, 2021. 5,000,000 TMCN tokens might be supplied on the market at a worth of 0.00004 BTC, which is greater than 90% low cost on the present market worth.
The second might be launched on Might 1st, 2021 and can final till Might thirty first, 2021. It should cowl one other 5,000,000 TMCNs at a worth of 0.00009 BTC, which is greater than 80% low cost on the present market worth.
The entire quantity anticipated to be raised is roughly $10 million.
It will likely be potential to buy in BTC, USDT or ETH through the TimeCoinProtocol.com/sale web page, the place it is usually potential to seek the advice of the desk of the token launch durations.
To buy TMCN, an investor is STRONGLY RECOMMENDED to arrange a personal pockets like MetaMask. (An investor is NOT beneficial to buy TMCN utilizing a crypto trade account.)
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