TimeCoinProtocol is the decentralized sharing economy protocol which aims to optimize world resource usage. Various applications can be built and run on theTimeCoinProtocol including third party applications. The project puts a strong focus on the Gig Economy and Creator Economy. The project has issued an
original cryptocurrency called
TimeCoin(TMCN) which is listed on some major exchanges and was initially financed by a few investors who invested around 4 million USD. There have been only a very limited number of tokens placed on the market so far.
The project is currently focusing on a Gig Economy application called TimeTicket, Creator Economy applications called GameTomodachi, eSportStars, and VTuber Production, NeoRad.
TimeTicket has more than 500,000 users in Japan and generates several million US dollars in sales. The revenue of TimeTicket has grown more than 40 times over 3 years and the business plans to expand internationally.
GameTomodachi is a game player matching application that targets the international market. The application will be released in September 2021. It plans to support more than 30 languages and 1,000+ games. The project's main focus is the Indian market and it has plans to expand to other regions. Influencers in the gaming industry and game players can sell tickets which a buyer can use to play games with or against the sellers. eSportStars is an esports tournament management application that is being continuously upgraded. Esports players can communicate and play with or against fans.
NeoRad Production is a VTuber management service that targets the global market. NeoRad has supported several VTubers that perform game, anime, and song related streaming videos. Shirahari Uni was the first VTuber.
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 the VTubers and other creators in the world can trade NFT items.
The project can 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: œWe 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 esports gambling as well. We offer eSports mining for participants to earn TimeCoin. The more TimeCoin participants own, the better service they can get.
For this reason, the decision has been made to launch off-market token sales in order to enable the implementation of DeFi and NFT functionalities in the dApps and NFT marketplace, so that fans can support creators such as esports players, streamers, VTubers, etc. This will allow both creators and fans to receive additional tokens, as well as in-game items, art and anime characters traded using NFTs. 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 at more than 90% discount on the current market value. Several million dollars-worth of TimeCoin(TMCN) have already been sold and there is a limited number of tokens available for the sale.
It will be possible to purchase TimeCoin in BTC, USDT or ETH via the TimeCoinProtocol.com/sale page, where it is also possible to consult the table of the token release periods.
Source:-https://news.bitcoin.com/timecointmcn-combines-nft-and-defi-vtuber-game-player-matching-service/
