Chronologic just needs to be listed on a good exchange. I hope they are working towards it.
I don't think that is the main thing that will drive the price, still waiting for the team to stasrt work on their platform, the usecase of this token will be interesting to see in real life application. I'm not in hurry to sell so the price is not the main concern for me, I just want to see how this time concept will work
I like the concept, and am bullish long term but the fact that time mints are gonna mint all these coins on dailt basis till december...i don't think price will be suppressed in short run
It's not until december, it's for the next 3 years. It's just that the first period of 88 days ends in the middle of december. After that the minting percentage halves, then 88 days after that it halves again, and so forth..
The price is already suppressed, because there is hardly any volume/liquidity and some people have already given up on it apparently... check
https://coinmarketcap.com/currencies/chronologicBy the way: there is some news posted last wednesday on
https://blog.chronologic.network regarding the timemint transfer function, how to go about on etherdelta trading the day token and some other stuff.
Last but not least:
A COUPLE OF QUESTIONS/ADVICE FOR THE CHRONOLOGIC TEAM/DEVELOPERS (I KNOW YOU'RE READING THIS):
1) DAY has NO marketcap, thus NO exposure right now, because the circulating supply is unknown. Can you at least get in contact with the people behind coinmarketcap.com to get that fixed very soon? If you don't do that, you're doing a disservice to the original investors!
2) Give weekly or 2-weekly updates on your blog (publish the cycle you're going to use) on the status of what you are doing and what you achieved that last week(s). If not, i refer to the last sentence of point 1)
3) Not everyone is on Slack, be open about what you are doing on more 'public' channels please. Get a twitter account to start with. If not, i refer to the last sentence of point 1)
4) How nice that you are travelling in Brasil right now (
https://blog.chronologic.network/breakfast-in-rio-recruitment-ee25eec31902 ), nice picture at the copacabana, but besides a couple of possible interviews that might not even happen, WHAT are you doing there for the ChronoLogic company? And how does that benefit the (possible) investors eventually? Again, this comes down to being transparent.
A quote: "We're aiming to have breakfast with a few people to discuss the value they can bring to the ChronoLogic team while we're in Brazil (Rio and Sao Paolo)."
Well, let's counter that with: "What value can ChronoLogic bring to the original investors?". If this question is ignored or bypassed, i refer to the last sentence of point 1) again.
These are normal, reasonable questions, and i think you owe the TimeMint owners and the people that bought DAY on the open market some answers.
Transparency is key, that's one of the reasons why people are into blockchain technology, live up to it.
Edit:
two more things:
a) The main site still shows a button "join the crowdsale" (linking to a form to get updates when it hits exchanges), it would be more ethical to rename the button label to "crowdsale is over" or "crowdsale was succesful". Also there is an element on the right side with "contribution period begins in" with a clock at 0. A professional organization updates their site, or lets it be maintained by someone who knows how.
b) There is still an advert on etherscan.io that shows up from time to time stating: "Sponsored Link: Chronologic - Self-Mining Ethereum token based on Proof of Time. Join the Contribution."
Isn't it about time (pun intended) to get this removed? A professional organization is on top of these things.
It is interesting that the team was sending us newsletter on the latest development on their ICO but after the ICO nothing has been received from the team. They need to keep updating the community on the latest development on their platform