TimeCoin(TMCN) Is Planning to Offer an Innovative DeFi System Called Creator Sponsor Staking – Press release Bitcoin News
PRESS RELEASE. TimeCoinProtocol is a decentralized sharing economy protocol which aims to optimize world resource usage. Various applications can be built and run on the TimeCoinProtocol including third party applications. The project puts a strong focus on the Gig Economy and Creator Economy. The project has issued an original crypto currency called TimeCoin(TMCN) which is already listed on BitFrorex, BiKi, and BitMart and is planning to be listed on Binance DEX in November and other major exchanges as well. The project has raised over 7 Million USD from equity and crypto investors. There is a limited number of tokens available for special token sales ending at the end of October.
The project is currently focusing on Gig Economy applications such as TimeTicket, GameTomodachi, eSportStars, and VTuber Production, NeoRad. TimeCoin will be used on various applications on the platform.
TimeTicket is a well-established skill-sharing platform with more than 560,000 users in Japan and it generates several million US dollars in sales. The revenue from TimeTicket has grown more than 40 times over 3 years and the business plans to expand internationally.
GameTomodachi has been re-engineered from the TimeTicket business model, matching buyers and sellers, but its main focus is games. GameTomodachi is a game player matching application that targets the international market, including the two big markets: India and Indonesia. The application plans to support more than 30 languages and 1,000+ games and will be released in October, 2021.
GameTomodachi facilitates friendship through games and chats; it’s a great way to get to know other players and make friends who have common interests beyond international borders.
The users can easily find their ideal game-mates with the easy search options including game titles and service features such as fun chats, video chats and anime voice. In addition, the users can earn money by selling tickets for their chosen entertainment services, such as game playing, cosplay, singing etc. Utilizing the business model of TimeTicket, it is possible to earn a decent income as some ticket sellers on TimeTicket are already earning about $10,000 per month from ticket sales. Even under the Covid pandemic restrictions, the users can earn money from home by playing their favourite games or teaching gaming techniques as coaches.
NeoRad Production is a VTuber management service that also targets the global market. NeoRad has supported several VTubers that perform game, anime, and song related streaming videos. Shirahari Uni was its first VTuber. She has over 100,000 subscribers now. NeoRad has engaged the contracts with other VTubers such as Koizumi Hoshi targeting South East Asia and US audiences.
The project is planning to offer an innovative DeFi system which is called Creator Sponsor Staking (CSS) along with the NFT marketplace. Fans can increase their TimeCoin holding by 12% after 6 months of staking and 24% after 12 months of staking. The increased portion will be split 50/50 between the fans and the creators. In return for sponsoring, creators will provide memberships with exclusive services, NFT digital items, services and discount coupons.
TimeTicket GmbH CEO, Masato Kakamu, explained in a recent AMA: “We want to create a place where professional players, creators, and fans can easily earn money which also helps them to better engage with their fans. To extend the GameTomodachi and eSportStars service, we want to offer an innovative GameFi (Game plus DeFi) and eSports mining for participants to earn TimeCoin. The more games users play, the more TimeCoin they will get. Similarly, the more TimeCoin participants own, the better service they can get.”
The project requires further development, including the implementation of DeFi and NFT functionalities on the TimeCoinProtocol for these applications and VTuber production, and also new funds to support development and marketing costs. The project is planning to create an NFT marketplace where its VTubers and other creators in the world can trade NFT items. This will allow both creators and fans to receive additional tokens, as well as in-game items, art and anime characters traded
For this reason, the decision has been made to launch off-market token sales. Investors of TMCN can earn additional income by supporting creators as well.
Out of a total of 100,000,000 existing TMCN tokens, 10,000,000 tokens will be sold during the special token sales. Several million dollars-worth of TimeCoin (TMCN) have already been sold and there is a limited number of tokens available for sale.
To purchase TMCN, an investor is STRONGLY RECOMMENDED to prepare a private wallet like MetaMask. (An investor is NOT recommended to purchase TMCN using a crypto exchange account.)
Subscribe to the TimeCoinProtocol Telegram to earn TMCN Free Rewards and buy TMCN.
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