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Chrono Logic

The first crypto pegged to time on the Ethereum Blockchain

Chrono Logic

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What is Chronologic?

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.

0001 9 6 0 0 0 DAY
0002 DAY
0003 DAY
0004 DAY
0005 DAY
0006 DAY
0007 DAY

What are TimeMints?

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 Lapse Video Time Lapse Video Time Lapse Video Time Lapse Video

Time is immutable. Irreversible. It is value. However, ultimately its total supply is unknown.

Why Time?

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.

Finance

Modeling interest accruing over time requires a Proof-of-Time token to launch a debt instrument on the blockchain.

Proof of use case

Ecommerce

Buying a time-based service necessitates a Proof-of-Time token, which is automatically released once the time has elapsed.

Proof of use case

Travel

Travel company activates a Proof-of-Time smart contract based with delays resulting in automated refunds verified via geo-location tracking.

Proof of use case

Outsourcing

Employees & freelancers working where their time-based labor contribution results in automated payments via a Proof-of-Time token system.

Proof of use case

Software

As a customer uses a software where payment is based on time they automatically spend their Proof-of-Time token.

Proof of use case

Other

Endless opportunities, however, Proof-of-Time on the blockchain is vital for these practical implementations.

Proof of use case

Chrono Logic Road Map

Distribution

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.

Contribution Period

24 DAY tokens for every 1 ETH contribution. ChronoPower starts at 1% decreasing to 0.5% depending on the ChronoLogic order of contribution.

Period Starts

8.28.2017 9:00 AM EDT/NYC 1:00 PM UTC

Period Ends

3,333 TimeMints Distributed

Contribution Hard Cap

38,383 ETH In case ETH cap reached prior to TimeMint cap

DayZero Supply Hard Cap

1,038,743 DAY Both DayZero & ultimate supply of DAY is limited

Our Team

Deven Soni

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.

DigiStrats & Eric Weiss

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.

Tosh Sharma

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.

Jovar Gaylan

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.

Lee Pennington

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.

Sakaar Bhatia

Technology enthusiast, blockchain subject matter expert and hardcore developer, Helps organizations building and evolving blockchain prototypes and proof of concepts

Alexander Shevtsov

Mathematician with a strong background in abstract and academic branches of mathematics. Experience with cryptography & blockchain projects.

Wired Investors

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.