The TimeCoinProtocol project launched the sale of TimeCoin (TMCN) tokens at a 91% discount to the asset’s market value. Along with the second round of the token sale, the project team unveiled a bonus program for large investors. This is reported on the project site.
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The TimeCoin token sale will run until the end of May. The tokens can be purchased with Bitcoin, Ethereum or Tether at a fixed price:
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- 1 TMCN — 0.00005 BTC;
- 1 TMCN — 0.001 ETH;
- 1 TMCN — 3 USDT.
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TimeCoinProtocol accepts purchase requests from 0.015 BTC, 0.3 ETH or 500 USDT. The organizers recommend using the MetaMask cryptocurrency wallet and not to provide exchange addresses when buying.
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On 30 April TimeCoinProtocol closed the first round of the token sale. The project put up for sale 5 million TMCN at a 90% discount.
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The token sale features a bonus program. When purchasing 2,500 TMCN, investors will receive a bonus in the form of additional tokens:
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- from 2,500 to 5,000 TMCN — 10% bonus;
- from 5,000 to 50,000 TMCN — 20% bonus;
- from 50,000 TMCN — 30% bonus.
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The goal of the token sale is to raise $20 million. The project will channel these funds into launching a DeFi system to support content creators on the esports platform eSportStars — Creator Sponsor Staking (CSS).
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- Users sponsor esports players and streamers — they stake TMCN at 24% per year;
- Esports players and streamers gift NFTs to users;
- The platform equally splits staking profits between users and esports players.
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Earlier in March, ForkLog’s YouTube channel hosted an AMA session with TimeTicket Inc. CEO Masato Kakamu. He spoke about the TimeCoinProtocol, the TimeCoin token sale and the eSportStars platform.