Topic: TimeCoinProtocol - decentralized sharing economy protocol - page 3. (Read 8973 times)

📣DeFi strengths and weaknesses

💭Decentralized finance pros:

🎯Full transparency of all operations, the access to the contract is free.

🎯Accessibility in all countries, no matter the nationality, social status, or any other criteria.

🎯High speed and low cost of transactions compared to cross-border wire transfers.

🎯No centralized authority.

💭DeFi has cons too. Most of them stem from the fact that this field hasn’t had much time to fully mature yet:

🎯Risk of smart contract vulnerabilities that criminals might exploit.

🎯Contract development is more or less centralized, dependent upon one group of programmers.

🎯Protocols might have scalability issues. For example, with the rise of the DeFi scene, the Ethereum blockchain became slower and more expensive to use.

📚Nevertheless, the technology’s potential leaves very little doubt that decentralized products will continue to improve, becoming more secure and featureful.

🎯 https://timecoinprotocol.com/

📣TMCN on CoinMarketCap and CoinGecko

📚One of the most frequently asked questions we get on our social media is when the TMCN token will be added to CoinMarketCap and CoinGecko.

📚The answer: we’re in negotiations with these platforms to settle this question.

💭We’ll keep you in the loop!

🎯 https://timecoinprotocol.com/

📣DeFi Digest

📚According to the DeFiLama service, Total Value Locked (USD) on Sunday was $44.03B! TVL is down $10B!

📚What’s happening on the DeFi market is very important for our project, because this tech lies at the core of TimeCoinProtocol’s development strategy. We will continue to watch it for you! We believe in keeping track of the market and staying up to date with trends.

🎯 https://timecoinprotocol.com/

📣Interesting Facts About Stablecoins

📚How are stablecoins different from other cryptocurrencies, what are they good for and why have they become so popular? Let’s find out!

📚The first and most striking difference between stablecoins and regular tokens is that they keep all the advantages of cryptocurrencies (decentralization, transparency, anonymity) while being totally unaffected by volatility issues. As a rule, they are pegged to a fiat currency.

📚By the way, there are stablecoins that are pegged to other cryptocurrencies – a form of asset tokenization. For instance, to be able to use Bitcoin in DeFi projects on the Ethereum blockchain, wBTC – a tokenized Bitcoin, was created.

📚Some stablecoins are backed by real assets, while some maintain their peg through algorithms only.

📚Many modern companies are already beginning to accept this type of assets as payment, since it has become the safest way to implement new technologies while maintaining the traditional finance models. A good example is how Walmart is developing its own stablecoin.

📚This way stablecoins serve as a bridge between the world of traditional finance and that of cryptocurrencies. They are vitally important in increasing cryptocurrency technology adoption, making it more and more widespread each day.

🎯 https://timecoinprotocol.com/

📣Time To Visit TimeCoinProtocol!

📚TimeCoinProtocol is a decentralized sharing economy protocol using the Ethereum blockchain.

📚If you have not visited the site for a long time, it's time to do it, because it is there that you can find maximum information about the project!

🎯 https://timecoinprotocol.com/

📣Reasons crypto is popular

📚Crypto popularity has been steadily growing in recent years. The reason for that? There are plenty:

🎯Freedom, freedom, and freedom. No tax extortionists or regulators.

🎯Emission of the new, digital money, is a pre-programmed process. It doesn’t depend on a politician’s whim.

🎯Anonymity. This is what many people value crypto for!

🎯Anti-inflationary hedge. Cryptocurrencies don’t get inflation by design.

💭These factors lead us to a simple conclusion: interest in crypto will only continue to rise!

📌 https://www.timecoinprotocol.com   

📣How the current TimeTicket works

📚As you may already know, we have a DApp — TimeTicket. TimeTicket is a mature sharing economy marketplace from the team behind TimeCoinProtocol.

📚Sellers, known as hosts, can post listings to sell their knowledge and/or skills. Prospective buyers, known as guests, can search for hosts by both geographic locations and by their knowledge and skills. Once a guest identifies a suitable host, they purchase a ‘ticket’ — a token which entitles the bearer to a set portion of time in which the host should perform the pre agreed service — and a meeting is scheduled.

📚The time and location of the meeting are determined by the user and can take place face-to-face, online, over the phone, or via
message.


📌 https://www.timecoinprotocol.com   

📣Why did we choose Ethereum?

📚TimeCoinProtocol blockchain chose Ethereum because Ethereum is a decentralized blockchain platform that establishes a peer-to-peer network while securely executing and verifying application codes, called smart contracts. Smart contracts allow participants to transact with each other without a trusted central authority.

📚TimeCoinProtocol functionalities allow developers to develop dApps dedicated to IoT industries.

📌 https://www.timecoinprotocol.com   

📣DeFi Digest

📚According to the DeFiLama service, Total Value Locked (USD) on Sunday was $55.6B!

📚What’s happening on the DeFi market is very important for our project, because this tech lies at the core of TimeCoinProtocol’s development strategy. We will continue to watch it for you!

📚We believe in keeping track of the market and staying up to date with trends.

📌 https://www.timecoinprotocol.com   

📣Hold or sell? What types of traders are there?

📚We have covered the different strategies traders can follow to be successful. Now let’s talk about what kinds of traders there are, and which one are you?
 
🎯Position trader (short term) — the most common type. Gets into trades frequently, but closes his positions before low liquidity periods (holidays, summer vacations, etc.)
 
🎯Long term investor or hodler — his trades can span several years, which he will only close upon major trend shifts.

🎯Scalper — does a lot of short trades that can last as little as just a few seconds. As a rule, each trade is rather inconsequential, but in the long-term perspective, they add up to a nice profit overall.

💭What kind of trader are you and what methods do you follow? Let us know in the comments!


📌 https://www.timecoinprotocol.com   

📣Three TimeCoinProtocol Apps

📚TimeCoinProtocol is a decentralized platform on Ethereum blockchain which 3rd party dApp developers can easily use to develop and operate sharing economy services.

💭We have 3 applications, TimeTicket, GameTomodachi, and eSportStars.

🎯TimeTicket is a sharing economy project.

🎯eSportStars is a platform that connects esports players and fans from around the world.

🎯GameTomodachi is a game player matchmaking service under development.

📌 https://www.timecoinprotocol.com   

📣Who's behind TimeCoin?

📚While we are going through some tough times, we would like to remind you that our project is the work of a well-known and reputable company in Japan: TimeTicket Inc.

📚TimeTicket Inc. is a group company of Globalway and it has been running a skill sharing economy platform since 2016. Then, we started our blockchain project called TimeCoinProtocol as we set up a subsidiary in Switzerland, TimeTicket GmbH in 2018.

📚The information about our team is freely available on our website. We are doing our best to stay as transparent as possible, and we thank you for sticking with us in these trying times.

📌 https://www.timecoinprotocol.com   

📣Independent ecosystem or overregulated mass adoption?

📚Vitalik Buterin has shared his opinion about regulation in crypto and DeFi security for users.
Here’s what he said:

📚Especially at this time, regulation that leaves the crypto space free to act internally but makes it harder for crypto projects to reach the mainstream is much less bad than regulation that intrudes on how crypto works internally.

📚Basically, there's two main classes of regulatory policy goals: (i) consumer protection, (ii) making it harder for baddies to move large amounts of money around.

💭Regs on defi frontends that could be more helpful may include:

🎯 limits on leverage
🎯 requiring transparency about what audits, FV or other security checks were done on contract code
🎯 usage gated by knowledge-based tests instead of plutocratic net-worth minimum rules

💭Do you agree with his position?

📌 https://www.timecoinprotocol.com   

📣DeFi strengths and weaknesses

💭Decentralized finance pros:

🎯Full transparency of all operations, the access to the contract is free.

🎯Accessibility in all countries, no matter the nationality, social status, or any other criteria.

🎯High speed and low cost of transactions compared to cross-border wire transfers.

🎯No centralized authority.

💭DeFi has cons too. Most of them stem from the fact that this field hasn’t had much time to fully mature yet:

🎯Risk of smart contract vulnerabilities that criminals might exploit.

🎯Contract development is more or less centralized, dependent upon one group of programmers.

🎯Protocols might have scalability issues. For example, with the rise of the DeFi scene, the Ethereum blockchain became slower and more expensive to use.

💭Nevertheless, the technology’s potential leaves very little doubt that decentralized products will continue to improve, becoming more secure and featureful.


📌 https://www.timecoinprotocol.com  

📣DeFi Digest

📚According to the DeFiLama service, Total Value Locked (USD) on Sunday was $55.97B! The market has risen by almost 3B in the last week!

📚What’s happening on the DeFi market is very important for our project, because this tech lies at the core of TimeCoinProtocol’s development strategy. We will continue to watch it for you!

📚We believe in keeping track of the market and staying up to date with trends.

📌 https://www.timecoinprotocol.com   

📣What do users get from decentralization?

💭Here are a few key advantages that users get from decentralized systems:

📚No need to trust a central authority that might be incompetent, vulnerable to attacks, or even have ill intentions.

📚Less censorship. Governments often restrict their citizens’ access to various websites and social media. Censoring traffic in a peer-to-peer network is much more difficult, because every package can be sent to every other node on the network, and they will relay this data further.

📚Most of the applications on the network are open source. Anyone can copy some or all of the code, and create their own applications with it. The more decentralized products come out, the more advantages and opportunities open up for the network users.

📚Proper economic incentives. Users who support the network get rewarded for it financially. The more support they provide, the more they are rewarded.

💭Of course, decentralized networks have their downsides too: they are usually slower to develop, have lower adoption rate, might be more expensive or have lower efficiency at the time of launch. However, most users agree that the end result is worth the effort.


📌 https://www.timecoinprotocol.com   

📣TimeCoinProtocol in 120 seconds

📚If you want to brush up on the main features of TimeCoinProtocol - just watch our video! All it takes to learn more about our unique project is just 120 seconds of your time!

📌Want to learn more? Watch the video now!
https://www.youtube.com/watch?v=_0MVP2hXLRU

📣A Few Words On TimeCoinProtocol Infrastructure

💭TimeCoinProtocol consists of a few key components:

📚An open source, community managed decentralized sharing economy protocol as the basis for decentralized applications (dApps) through which the sharing economy is realized via the peer-to-peer trading of goods and services.

📚A distributed storage facility called the InterPlanetary File System (IPFS) which holds the product and service information for dApps.

📚Anyone can create a dApp within the TCP ecosystem, aided by the developer framework provided, and integrate the TimeCoin token. In doing so, developers will benefit from TimeCoin’s incentivized rewards algorithm and will have the ability to tap into TimeCoinProtocol’s network and to attract new users to their dApp.

💭As the number of participants in the TCP ecosystem grow, a range of dApps geared around the service economy will take root, with full cross-dApp functionality making it easy for users to navigate between services and applications.

📌 https://www.timecoinprotocol.com   

📣Three simple tips for traders

💭We regularly post useful and actionable information for traders, and today we would like to share three simple, but oft-overlooked tips.
 
🎯Focus on the process, not the results

📚The process is trading itself. Work on making sure you are trading with confidence and stick to your plan while keeping your risk where you want it to be. Overly focusing on making money will ultimately poison your strategy.
 
🎯Don’t try too hard

📚It sure is a paradox, but it has proven itself time and time again. On the one hand you have to devote a lot of time to the craft to be successful at it. On the other hand, if you try too hard, you are likely to overtrade and end up losing money. Learn technical analysis. Learn to identify key levels, trends and consolidation periods. Make risk management paramount to your strategy.
 
🎯Take on responsibility

📚You can’t become the best trader there is if you don’t take 100% responsibility. Try to analyze your every win and loss and learn from them to improve even more. Constantly work on your mistakes.
 
👍Follow these tips to grow and improve as a trader.

📌 https://www.timecoinprotocol.com   

📣How Does eSportStars Empower Users?

📚Did you know that eSportStars enables you to participate in tournaments or compete one-on-one?

📚At eSportStars, anyone can host a game tournament. You will be rewarded for participating in tournament tournaments and winning prizes. You can also earn rewards by providing live video tournament tournaments to eSport Stars.

📚With eSportStars, users can become "competition ticket sellers" who provide game competition opportunities, and "competition ticket purchasers" who search for game opponents and apply for competition, and competition ticket purchasers purchase competition tickets. By doing so, the transaction will be completed.

📌 https://www.timecoinprotocol.com