It is looking like good times for crypto enthusiasts and forward-thinking investors across the globe as TimeCoin (TMCN) continues to grow in popularity and acceptance by listing on major exchanges. Since the launch of the Special Token Sale of TimeCoin (TMCN) on February 15th, 2021, it has been an amazing ride for investors. In a related development, TimeCoin is listed on BitMart on March 24th, 2021, BiKi on April 14th, 2021 and will be listed on other exchanges near the future.
Launch of The TimeCoin Token
TMCN was launched on November 11th, 2020 on BitForex at an initial price of $0.7. The price of the token rose significantly to $11 soon after the launch. The price of TMCN has continued to rise, hitting a record high of $8,500 on February 18th, 2021, more than 12,142 times the initial price.
What started as a $4 million investment has exploded in recent times, with the Special Token Sale literally bringing the project to bear and attracting the attention of millions of people across the globe. The amazingness of the project is even more noteworthy, considering that no public or private sale of TimeCoin has been conducted yet, with only small quantities of tokens sold during the IEO.
Purpose of the Token Sale
The Special Token Sale is meant to serve as a fundraiser to develop and enhance the project, especially the eSportStars dApp, released in October 2020, with projections that it will surpass the expectations of the industry. The project needs further development and implementation of DeFi and NFT functionalities in the TimeCoinProtocol and other dApps. Consequently, the funds raised will be used for development and marketing costs. In a related development, a VTuber business was recently launched, with upcoming plans to create an NFT marketplace where VTubers and other creators in the world can trade NFT items.
Features of the TimeTicket Project
One of the features of the project that have attracted it to millions of people is the presence of an innovative DeFi system, called Creator Sponsor Staking (CSS), along with TimeTicket’s NFT marketplace. The feature allows fans to increase their TimeCoin holding by 12% after 6 months of staking and 24% after 12 months of staking. The growth portion is subsequently split in half between the fans and the creators. On the flip side, creators provide memberships with exclusive services, NFT digital items, services, and discount coupons.
Launch of Two Specials
The TimeTicket Project has announced plans to launch two specials – an off-market token sale to enable the implementation of DeFi and NFT functionalities and an NFT marketplace to allow fans to support creators such as eSport players, streamers, VTubers, and a host of others.
The move by TimeTicket Project will allow both creators and fans to receive additional tokens and in-game items as well as art and anime characters traded using NFTs. TMCN investors also earn additional income by supporting creators.
A total of 10 million tokens will be sold during the two special token sales out of the existing 100 million tokens, to raise approximately $20 million. The first sale, which was launched on February 15th will run until April 30th, 2021, with 5 million TMCN tokens available at 0.00004 BTC per token, a discount of more than 90% on the current market value.
The second phase of sale will be launched on May 1st, 2021, and will last until May 31st, 2021, covering another 5 million TMCNs at 0.00009 BTC, more than an 80% discount on the current market value.
Payment for the tokens can be made in BTC, USDT, or ETH via the TimeCoinProtocol.com/sale page.