Sunday TIMEs Issue #35
Welcome to the Issue #35 of Sunday TIMEs: DEV UPDATE, ChronoBank Community in numbers, TimeX interface testing campaign finished, Bonus and Price Update.
https://blog.chronobank.io/sunday-times-issue-35-72d1501f7117
Topic: 🎁 [ANN] [BOUNTY] ChronoBank.io (TIME) announces Telegram referral campaign. (Read 223 times)
June 18, 2018, 05:20:46 AM
May 26, 2018, 08:38:36 PM
Seems great project and maybe I miss out the updates, by the way..there is any bounty planing for social media?
May 23, 2018, 04:32:14 PM
The name of the project is interesting, modern. The project's theme is crypto-bank, it is also one of the most popular. I think that this project will appeal to investors.
May 20, 2018, 06:07:35 AM
Sunday TIMEs Issue #31
14 May — 20 May 2018
Welcome to the Issue #31 of Sunday TIMEs: Only 4 more days until LaborX beta launch, New Telegram sticker pack online, The Labour-Hour Tokens Economy, Ask us anything about LaborX and TimeX, personal data on LaborX and Price Update. https://blog.chronobank.io/sunday-times-issue-31-d0b270e0f354
14 May — 20 May 2018
Welcome to the Issue #31 of Sunday TIMEs: Only 4 more days until LaborX beta launch, New Telegram sticker pack online, The Labour-Hour Tokens Economy, Ask us anything about LaborX and TimeX, personal data on LaborX and Price Update. https://blog.chronobank.io/sunday-times-issue-31-d0b270e0f354
May 17, 2018, 02:20:30 AM
The Labour-Hour Tokens Economy
Labour-Hour tokens (LHT) are the lifeblood of the LaborX ecosystem. Here’s a little more about how our system will work.
Labour-Hour tokens (LHT) will be the currency for services provided on the LaborX marketplace. As detailed in our updated White Paper, the creation, redemption and destruction of these is coordinated by the ChronoBank Entity (CBE), and the tokens are backed by legally-binding contracted obligations to provide real-world labour hours. TIME holders will play a key role in the token creation process.
LH token mining
LH token activity will take place on the LaborX sidechain. One of the ways that TIME holders will be rewarded for their investment is by participating in LH token mining. This will operate much like staking on a proof-of-stake network. Holders will deposit their TIME tokens on the Ethereum mainnet to a smart contract within ChronoWallet and lock them. When they do so, they will receive an equivalent amount of TIME on the LaborX sidechain, via an atomic swap for security. (When tokens are unlocked to release the TIME on mainnet, the sidechain TIME are burned.) Miners who deposit their TIME to this contract will receive rewards from the fees associated with minting LH tokens.
In order to participate in mining, users will need to provide a certain amount of TIME tokens; we are currently considering the minimum quantity, since if this is set too low then it opens up certain edge cases and security vulnerabilities. However, as soon as Casper is released — Ethereum’s coming proof-of-stake protocol — we will be able to lower the amount. Those without the minimum stake necessary will still be able to mine using ChronoBank’s mining pool, which entails a small commission take from LHT fees received.
Trading LHT
When workers are paid in Labour Hour tokens, they will have a choice to hold them or exchange them for other currencies — initially crypto, before direct fiat conversion. LHT will primarily trade on ChronoBank’s decentralised exchange, TimeX, which will operate on the same Ethereum sidechain as LaborX. In due course we will be announcing some special market-making features to ensure a stable price and adequate market depth for LHT. In its simplest form this only requires a buy wall at the relevant price.
https://blog.chronobank.io/the-labour-hour-tokens-economy-d21bc852b29a
Labour-Hour tokens (LHT) are the lifeblood of the LaborX ecosystem. Here’s a little more about how our system will work.
Labour-Hour tokens (LHT) will be the currency for services provided on the LaborX marketplace. As detailed in our updated White Paper, the creation, redemption and destruction of these is coordinated by the ChronoBank Entity (CBE), and the tokens are backed by legally-binding contracted obligations to provide real-world labour hours. TIME holders will play a key role in the token creation process.
LH token mining
LH token activity will take place on the LaborX sidechain. One of the ways that TIME holders will be rewarded for their investment is by participating in LH token mining. This will operate much like staking on a proof-of-stake network. Holders will deposit their TIME tokens on the Ethereum mainnet to a smart contract within ChronoWallet and lock them. When they do so, they will receive an equivalent amount of TIME on the LaborX sidechain, via an atomic swap for security. (When tokens are unlocked to release the TIME on mainnet, the sidechain TIME are burned.) Miners who deposit their TIME to this contract will receive rewards from the fees associated with minting LH tokens.
In order to participate in mining, users will need to provide a certain amount of TIME tokens; we are currently considering the minimum quantity, since if this is set too low then it opens up certain edge cases and security vulnerabilities. However, as soon as Casper is released — Ethereum’s coming proof-of-stake protocol — we will be able to lower the amount. Those without the minimum stake necessary will still be able to mine using ChronoBank’s mining pool, which entails a small commission take from LHT fees received.
Trading LHT
When workers are paid in Labour Hour tokens, they will have a choice to hold them or exchange them for other currencies — initially crypto, before direct fiat conversion. LHT will primarily trade on ChronoBank’s decentralised exchange, TimeX, which will operate on the same Ethereum sidechain as LaborX. In due course we will be announcing some special market-making features to ensure a stable price and adequate market depth for LHT. In its simplest form this only requires a buy wall at the relevant price.
https://blog.chronobank.io/the-labour-hour-tokens-economy-d21bc852b29a
April 07, 2018, 04:35:47 AM
I still do not understand with your project ...
how to participate with your project?
and what is the purpose of your project?
how to participate with your project?
and what is the purpose of your project?
April 07, 2018, 04:03:23 AM
It seems to be very successful in the beginning but there is still a matter of caution, you need to be informed a lot more. Maybe a little inadequate information. Good luck
April 06, 2018, 06:00:53 PM
Where's the proof that it's a smart contract, I don't see the address?
Hello konstant111,
it's not a smart contract, rewards will be distributed manually.
April 06, 2018, 05:49:09 PM
Where's the proof that it's a smart contract, I don't see the address?
Hello konstant111,
it's not a smart contract, rewards will be distributed manually.
April 05, 2018, 04:34:00 PM
Where's the proof that it's a smart contract, I don't see the address?
April 05, 2018, 04:22:16 PM
We are pleased to introduce to you,
the ChronoBank.io Friends & Family referral bot.
For the next three months, everyone can use this Telegram bot (https://telegram.me/chronobankrefbot?start=DBvWbRXXUbGM) to share ChronoBank’s vision (and above all, our Telegram group) with friends, family, neighbours or just the people following you on social media — while getting rewarded for it.
Rules:
For any successful referral to our official Telegram group (https://t.me/chronobank), users will be rewarded with $1 in TIME.
The maximum amount of referrals within the three months period is 30.
Additionally to the $1 for each referral, the 5 people with most referrals in the end will receive an additional 70 TIME in total. If there are more than 5 winner, the bounty will be split equally.
🥇 25 TIME ($250) for #1
🥈 15 TIME ($150) for #2
🥉 10 TIME ($100) for #3, #4 and #5.
the ChronoBank.io Friends & Family referral bot.
For the next three months, everyone can use this Telegram bot (https://telegram.me/chronobankrefbot?start=DBvWbRXXUbGM) to share ChronoBank’s vision (and above all, our Telegram group) with friends, family, neighbours or just the people following you on social media — while getting rewarded for it.
Rules:
For any successful referral to our official Telegram group (https://t.me/chronobank), users will be rewarded with $1 in TIME.
The maximum amount of referrals within the three months period is 30.
Additionally to the $1 for each referral, the 5 people with most referrals in the end will receive an additional 70 TIME in total. If there are more than 5 winner, the bounty will be split equally.
🥇 25 TIME ($250) for #1
🥈 15 TIME ($150) for #2
🥉 10 TIME ($100) for #3, #4 and #5.
Source and Instructions: https://blog.chronobank.io/chronobank-referral-campaign-ad60519a14d2
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