Timecoin hatched in Italy from two brilliant scholars namely: Marco Roffinella who is the CEO and founder and Marika de Rosa who is the co-founder and company advisor. Timecoin has its token ticker drafted as TMC which serves as a crypto asset. Timecoin is a non-reusable regular token based on the Waves network.
Timecoin is built on a decentralised platform and is entirely non-descript whose aim is to revolutionise payment and exchange methods. It is an original project that aims to serve modern needs. To make Timecoin flexible, anyone can purchase them via Bitcoin, Litecoin, and Ethereum which are readily accessible and can make the unknown status valid.
About The Timecoin ICO
There are a total of 2000000000 TMC set for market and charity needs. Known distribution of 1200000000 of TMC will be in the market for sale while a fraction of 300000000 of the total amount will go to charity foundations. According to the company advisor, Marika De Rosa, if the project is advertised properly and more people invest in the project, the value of the token is likely to be greater.
Token Ticker: TMC
Hard Cap: 2.000.000$
Soft Cap: 500.000$
Total Token Supply: 2.000.000.000TMC
Token Type: Based on Waves Blockchain
Purchase Methods Accepted: BTC, ETH, LTC, WAVES, ZCASH
Timecoin TMC ICO Roadmap
As mentioned earlier, Timecoin is based on the waves blockchain platform where the purchase methods for the tokens include Bitcoin, Litecoin, Ethereum, Zcash, and Waves. In the case where one purchases from other wallets such as Jaxx or Coinbase, entering an ID address of your Waves wallet will work out right for you. Token sales are scheduled to take place in three rounds which should exhaust the tokens.
The first token sale should take place on May 2018 where one token will go for $0.05 for a total period of 5 weeks. The second round which will take place in June 2018 will have one token going for $0.07. The final round scheduled for September 2018 will have $0.09 for a token. By January 2019, if there will be leftover tokens, they will be distributed among the team members.
Let’s break down the expected sales in numbers. 1,200,000,000 TMC is expected to be in the market for sale which puts it at 60% of the total tokens available. 500000000 TMC is estimated to go to the team and active participants which ideally puts it at 25% of the total tokens. The rest should be put at 15% for charity which clocks at 300000000 TMC. All tokens should be accounted for.
One token price is marked at 0.05 USD in which one can only have a minimum purchase of 10 TMC and a maximum purchase of 10000 TMC. The thresholds set can ideally work for anyone due to its flexibility and affordability. In case the minimum threshold is not reached, the funds invested will automatically be returned to the owner. It should be noted that there are no escrow agents nor is there a working prototype at the moment. Besides, Timecoin sales terms operate on a Hard Cap term of 2000000$ and a soft Cap of 500000$.
It should also be noted that Timecoin used DEX decentralised exchange as an exchange platform for token sales. Join the movement.