TimeCoinProtocol is a decentralized sharing economy platform that enables dApp developers to easily create and deploy new services. It has a successful eSports dApp and will soon launch the NFT marketplace and DeFi features that will provide incredible opportunities for content creators and fans.
TimeCoin is raising funds for the development of DeFi and NFT
TimeCoin (TMCN) announced on 15. February 2021 has launched a special token sale. The project was initially funded by several investors who invested about $4 million, and now the tokens are being sold for the first time on the over-the-counter market. The sale is specifically to raise funds for the development and improvement of the project and in particular for the eSportStars dApp.
The alpha version of eSportStars launched in October 2020 and already has 10,000 users. It is available in Japanese, English, Chinese, Hindi and Portuguese, and the developers plan to expand support to more than 30 languages. The project requires further development and implementation of DeFi and NFT functionality in TimeCoinProtocol and other dApps and new funding to support development and marketing costs.
TimeCoin plans to create an NFT marketplace where VTubers and other creators can trade NFT items.
TimeCoin CEO Masato Kakamu said in a recent AMA: We want to create a place where professional players, creators, and fans can easily make money, which also allows them to better communicate with their fans. In order to expand the eSportStars service, we also want to offer gambling on extreme sports. We offer eSportStars members the opportunity to earn TimeCoins. The more participants in TimeCoin, the better the service can be.
TimeCoin can offer an innovative DeFi system called Creator Sponsor Strike (CSS) with the NFT market. Fans can increase their TimeCoin holdings by 12% after 6 months of using the quotes and by 24% after 12 months of using the quotes. The increased share will be split 50/50 between fans and creators. In exchange for sponsorship, creators will offer participants exclusive benefits, NFT digital goods and services, and coupons.
In order to finance these developments, it was decided to launch two special token sales by mutual agreement. The first sale runs until April 30, 2021 and the second sale runs until May 1, 2021 and expires on May 31, 2021. May 2021.
For more information about the project, visit the website and follow developments on Telegram.
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