MIN: A TIME BASED CRYPTOCURRENCY
AN INTRODUCTION TO THE PLATFORM.
Time is no doubt the most valuable commodity that exists, time remains an asset that has become easy to measure traditionally but has remained difficult to meter.
MIN however, is a tokenized means of payment through which professionals, consultants and experts of every kind of variety will be able to charge for their time in a way that is flexible, transparent and also operates on a fair system.
MIN could also be used as a system of reward for completing tasks and also for browsing.
EXISTING PROBLEM.
Technology is supposed to be a means to free our time, this will occur by automating tasks and performing them in a way and manner that is more efficient.
Technology has however introduced a stream that is never ending, that creates new ways to waste away time.
The window of uninterrupted free time that is usually available to professionals on a daily basis is gradually shrinking.
It has been discovered yearly that, billions of hours are lost to inflexible hourly scheduling which leaves behind lengthy periods of waiting between clients as well as parties.
THE REWARDING ENGINE FOR MIN.
The rewarding engine for MIN is an online keeper which allows social platforms and other available applications to increase their value. This could be made possible by rewarding every active member for every minute of time consumed in browsing and being active.
THE OPERATION OF MIN AS A CHARGE.
Members of MIN can charge for their services in MIN. This process is achievable through the process of setting their minute cost and making use of the charging meter which is embedded inside the MIN wallet to charge for services.
Members who want to make payments, will scan the MIN wallet code of the charging member after agreeing on the determined price, the meter will be started until there is a concluded service.
ANALYSING THE MIN WALLET.
MIN wallet is an online crypto wallet which allows members to pay or get paid for services rendered or for the provided or received activities.
The cost charged is going to be based on the time consumed in minutes, making use of a fair pricing model that is based on the average rate of marketing.
MIN AS A MEANS OF REWARD.
The platform can set the value of their minute reward value and also reward conditions. The platform is able to reward users for being active, this is based on the minute consumed in browsing and through the creation of content on their platforms.
REASONS WHY MIN SHOULD BE CHOSEN.
It has become a common issue to experience situations in which individuals are either over or under-charged for services, and the main reason behind this actions is:
• An unclear price list, with the presence of a service provider that is trying to get what customers can afford.
• There is a clear price list but is placed on fixed time slots.
SOLUTIONS PROVIDED THROUGH MIN.
• Time happens to be one of the constants that is accepted globally and has a value that is in disputed. MIN makes use of global standards in the making of payments that is fair, it also allows members to set their minute cost and as well communicate effectively with others.
THE MISSION OF MIN.
The tokenized ecosystem of MIN will ensure that people get paid and they also get rewarded fairly and transparently for every minute’s worth of work or services that is placed in.
FEATURES AND BENEFITS ASSOCIATED WITH MIN.
• The ability to determine minute value.
• The availability of an all-around fair play.
• The presence of transparent rates.
• Users will get rewarded for their contributions, and this will be valued by minutes.
• Fluctuations can be fixed easily by users.
THE ROADMAP.
Thirtymin was founded on the 8th of August 2015.
The release of Thirtymin applications was on the 8th of November 2015.
Q3 2018: MIN will be listed on the decentralized stellar exchange.
Q4 2018: There will be a release of primary MIN charge meter and wallet.
Q1 2019: The integration of MIN with thirty-min.
Q2 2019: The development and release of universal MIN wallet that is accessible through multiple APIs and advanced charged meter.
Q3 2019: There will be a development of business partnerships and integrations with different social platforms and websites to be able to use the charge meter.
Q3 2019: 50% of reserved MIN sold to business partners will be used as rewards.
Q4 2019: There is development of business partnerships with bricks and mortar companies to make use of MIN as a means of payment of wages.
MIN TOKEN.
The MIN token is a universal currency that can be exchanged in-app and on a third-party platforms. It is usually used to pay for services that are time-based and to reward and incentivize users.
• Buyers can make use of MIN token to purchase time with advisors instantly or through a third-party integration.
• It is possible for experts to receive MIN token as a means of payment for their time and store tokens.
• Trade personnel’s and service providers can use bill as a means of payment by the minute.
• It is possible for website owners to earn Min tokens as a means of commission for promoting advisors services.
• SMEs can acquire MIN tokens as reserve.
• It is possible for developers to distribute MIN tokens allocated to them, this will help them in the ordering of on board users and the adoption of incentivize.
MIN token will be launched on stellar platform.
CROWD SALE AND ALLOCATION OF TOKENS.
Available total supply of MIN is 10,000,000,000.
During the ICO period, 60% of the MIN will be offered for sale.
There will be a bonus of 50% which will be from 15th of July up till 15th of August 2018.
There will be a 25% bonus, from the 16th of August till 25th of August 2018.
There will be bonus of 10% from the 26th of August up till the 5th of September, 2018.
There will be a discount of 0% from the 6th of September until the 15th of September 2018.
1MIN=0.1 XLM.
ALLOCATION OF FUNDS.
25% of the fund will be for operations and management.
25% of the fund will be for sales and marketing.
15% will be for research and development.
10% will be for legal and regulatory.
10% will be for legal and regulatory.
15% will be for MIN reserves.
CONCLUSION.
MIN makes every minute count. It empowers skilled professionals to supply their services whenever and wherever it is required.
The MIN token, which operates on the stellar blockchain, it facilitates fast and low-cost payments with smart contract which will handle escrow and release funds, calculated per minute.
SOURCE
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Authored by: geeboy88
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