The second round TimeCoin token sale starts on May 1 and will run until the end of the month. TimeCoinProtocol will sell 5 million TMCN at a price of 0.00009 BTC. The discount will be 85% of the token’s current market value.
TMCN can be purchased with Bitcoin, Ethereum or Tether. The organizers advise using the cryptocurrency wallet MetaMask. The TimeCoinProtocol team does not recommend providing exchange addresses when buying.
In February TimeCoinProtocol launched the first round of the token sale with a 90% discount. The project offered for sale 5 million TMCN at a price of 0.00004 BTC.
The goal of TimeCoin’s token sale is to raise $20 million. The project will allocate these funds to implementing DeFi and NFT features on the esports platform eSportStars. TimeCoinProtocol launched it in October 2020. Users on the platform can purchase in-game items as well as play alongside professional esports players and streamers.
In the future TimeCoinProtocol will launch on eSportStars a DeFi system to support streamers — Creator Sponsor Staking (CSS). Users will be able to sponsor esports players, staking TMCN at 24% per annum. The platform will split profits equally between users and esports players. Esports players will gift sponsors with NFTs.
In early March, ForkLog released an AMA session on its YouTube channel with Masato Kakamu, CEO of TimeTicket Inc. He spoke about the TimeCoinProtocol protocol, the TimeCoin token sale, and the eSportStars platform.
Read ForkLog’s Bitcoin news in our Telegram — cryptocurrency news, prices and analysis.