The Special 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 document 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 can be listed on different exchanges close to the long run.
The venture, the TimeCoinProtocol, was initially financed by a couple of buyers who invested round $4 million, and solely a really restricted variety of tokens have been positioned in the marketplace.
Now with the Particular Token Sale, the tokens can be bought on the OTC market. The venture purchased again many of the tokens out there in the marketplace in order to not enhance the promoting stress.
The tokens will even be made out there for buying and selling on different crypto exchanges sooner or later.
To date, no public or non-public sale of TimeCoin has been performed, however slightly small portions of tokens have been bought through 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 anticipated to develop quicker 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 so as 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 permit 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 can be bought through 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 can be provided on the market at a worth of 0.00004 BTC, which is greater than 90% low cost on the present market worth.
The second can be launched on Could 1st, 2021 and can final till Could thirty first, 2021. It’ll 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 full quantity anticipated to be raised is roughly $10 million.
It is going to be potential to buy in BTC, USDT or ETH through the TimeCoinProtocol.com/sale web page, the place additionally it is potential to seek the advice of the desk of the token launch intervals.
To buy TMCN, an investor is STRONGLY RECOMMENDED to organize a non-public pockets like MetaMask. (An investor is NOT advisable to buy TMCN utilizing a crypto trade account.)
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