Contribution period begins in
Contribution period begins in
ChronoLogic merges time with the blockchain. It’s an introduction of Proof of Time innovations for blockchain technologies.
ChronoLogic expands the possibilities of using time in blockchain projects in industries such as finance, transportation & eCommerce.
Each of the 3,333 minting addresses known as TimeMints assigned during the contribution period mint additional DAY tokens based on their ChronoPower, a unique daily minting power rate.
TimeMint real estate is scarce and the ChronoPower of each successive TimeMint decreases from a max of 1% to 0.5% rewarding early contributors in a ChronoLogic fashion.
Time is immutable. Irreversible. It is value. However, ultimately its total supply is unknown.
ChronoLogic expands the possibilities of using time in blockchain projects to implement its features in fields such as finance, transportation & eCommerce.
ChronoLogic considers time as value, however, Ethereum was not originally designed for these exact use-cases resulting in several innovative concepts discussed in the whitepaper. In its first phase ChronoLogic pegs time to DAY -- a store of value token based on the Ethereum blockchain.
Modeling interest accruing over time requires a Proof-of-Time token to launch a debt instrument on the blockchain.
Buying a time-based service necessitates a Proof-of-Time token, which is automatically released once the time has elapsed.
Travel company activates a Proof-of-Time smart contract based with delays resulting in automated refunds verified via geo-location tracking.
Employees & freelancers working where their time-based labor contribution results in automated payments via a Proof-of-Time token system.
As a customer uses a software where payment is based on time they automatically spend their Proof-of-Time token.
Endless opportunities, however, Proof-of-Time on the blockchain is vital for these practical implementations.
3,333 TimeMint Addresses
38,383 ETH Hard Cap
1% ChronoPower of TimeMint0001
0.5% ChronoPower of TimeMint3333
88 Days Halving period of ChronoPower
140% Growth of DAY in TimeMint1 in ChronoEra I
Maximum of 3,333 TimeMints to ever exist. Minimum contribution amount of 1 ETH with a maximum of 333 ETH during the contribution period.
TimeMints to be transferable in the future after a balance of 8,888 DAY is achieved.
Time is immutable. Irreversible. It is value. However, ultimately its total supply is unknown.
24 DAY tokens for every 1 ETH contribution. ChronoPower starts at 1% decreasing to 0.5% depending on the ChronoLogic order of contribution.
8.28.2017 9:00 AM EDT/NYC 1:00 PM UTC
3,333 TimeMints Distributed
38,383 ETH In case ETH cap reached prior to TimeMint cap
1,038,743 DAY Both DayZero & ultimate supply of DAY is limited
Ex-Goldman Sachs, Lazard & Highland Capital investment banker & principal investor in charge of deploying over $300M of capital; currently General Partner at Wired Investors in charge of the Digital Asset & Crypto Private Equity Strategy.
Eric brings the whole Digital Strategies team to ChronoLogic; Blockchain Proof-of- Time concept originator; pre-ICO EOS equity investor; Crypto Private Equity Investor & Polymath advisor, a Blockchain Security Token Platform.
Forbes 2016 India Tech 30Under30; founder of AllChains, a Blockchain-as-a-Service platform & Toshblocks, a Blockchain Consulting Company; Blockchain instructor & speaker teaching more than 10,000 students in 145+ countries.
Mathematician & computer scientist, the genius behind the future Proof-of-Time Chronos Platform; co-founder of multiple software startups including VideoRemix, a video personalization B2B platform.
Head of Crypto-Marketing at ChronoLogic; SaaS entrepreneur, private equity investor & crypto-marketer spreading the ChronoLogic prophecy to the world in Slack & on live crypto-webinars.
Technology enthusiast, blockchain subject matter expert and hardcore developer, Helps organizations building and evolving blockchain prototypes and proof of concepts
Mathematician with a strong background in abstract and academic branches of mathematics. Experience with cryptography & blockchain projects.
Digital Asset & Crypto Private Equity fund backing ChronoLogic, collaborating to implement Proof-of-Time on the blockchain for use with private equity, venture capital, hedge fund & debt style investments.