Question 1

What is the Current Price of Chrono.Tech's TIME token?

Accepted Answer

As of now, the current price of the TIME token is £ 0.07315793. In the past 24 hours, it has decreased by -0.02%.

Question 2

What is Chrono.tech (TIME)?

Accepted Answer

Chrono.tech is a novel blockchain project that offers solutions for recruitment, HR and payment processes in a global labor market context. By leveraging the power of distributed ledger technology, it seeks to reduce barriers to accessing work and transferring funds securely. The suite of services provided by Chrono.tech, including their native governance token, TIME, are hosted on multiple blockchains. This suite includes LaborX.com peer-to-peer freelancer marketplace, TimeX.io a plasma-based cryptocurrency exchange, AUDT an Australian dollar-backed stablecoin, and PaymentX, a crypto invoicing and payroll solution.

Question 3

What is the purpose of the TIME token?

Accepted Answer

The TIME token is the core utility token of the Chrono.tech ecosystem, used within its variety of products. Both for securing a premium account status and for staking on TimeWarp.finance where the revenues generated by all services are distributed among TIME holders. In November 2020, the original token was upgraded to a new ERC677 standard, this not only allowed it to integrate with other DeFi protocols but also enabled it for lower-cost transactions. The token remains fully ERC20-compatible, while gaining certain advantages with its upgrade.

Question 4

What solutions does the Chrono.tech ecosystem provide?

Accepted Answer

Chrono.tech aims to present and fix a range of issues present in the global recruitment and employment market. Its platform, LaborX, is a portal for freelance work that allows employers and freelancers to organize work via digital agreements powered by smart contracts. This system ensures escrowed payments are safely released after a job is completed. Another notable solution offered by Chrono.tech is their crypto exchange, TimeX. TimeX is a hybrid, Plasma-based exchange that combines the benefits of both centralized and decentralized technologies to provide a secure and streamlined trading experience. Moreover, the Chrono.tech product range includes the DeFi yield farming application, TimeWarp, where TIME holders can stake their tokens to earn revenues. Their AUDT stablecoin that is hosted on the Ethereum blockchain and backed 1:1 with Australian dollars (AUD). It is traded on TimeX, enabling quick global transfers of value.

Question 5

How does Chrono.tech integrate cryptocurrency payments into everyday business processes?

Accepted Answer

Chrono.tech has a product named PaymentX, a multi-currency crypto payroll solution, which facilitates individuals and businesses to incorporate crypto payments into their routine invoice processes. This tool enables contractors to easily submit professional invoices and specify a crypto wallet for receiving payments. It also assists businesses by automatically converting dollar-equivalent amounts into crypto at the point of transaction, thereby eliminating any need for manual calculations.

Question 6

How much TIME is available in the market?

Accepted Answer

The current circulating supply of TIME is 0.7M and the total supply stands at 0.7M.

Question 7

Where can I purchase TIME Tokens?

Accepted Answer

TIME Tokens can be purchased on several exchanges as provided in the list Gate.io, Coinbase Pro, CoinEx, KuCoin.

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