Quote from: kalpit on January 24, 2017, 04:27:21 PM

Thanks for the answers.
Here's another question,

On Chronobank website it's written, "In addition to issuance fees, on Ethereum and blockchains that support smart contracts, TIME token holders will be rewarded with 0.15% transaction fee from any LH send or redeem"transaction"
What does redeem transaction mean here?
Does it mean that fees would be charged from both buyer and seller making total fees on any transaction .3%?

Second question,
Each time a company pays out LH new LH are issued. Am I correct?

Btw, please update the header. Now 3100+ btc !

1) When redemption is made the transaction fee is paid. This means redemption is still a transaction.
2) Each time a company issues LH tokens it can either sell them on the open market instantly (with the help of CBE) if market wants to buy this much, or to pay wage to their workers - the workers will cash out more or less gradually, so there will be no need to sell the whole sum at once.

Quote from: rgornik on January 24, 2017, 04:50:23 PM

One question for the team. I've followed your campaign from the beginning and backed it also with sig capaign. How will we collect bounty at the end of ICO?

About 1 week after investors get their TIME distributed, the bounty campaign will pay out TIME to participants.

Quote from: Ris88 on January 24, 2017, 04:32:36 PM

What, this really tangible that results obtained Chronobank for ICO funds, they reached 3000BTC during ICO is running, I think this is impossible, there may be half of funds developers Chronobank to attract inverstor to invest funds in this ICO ..

The campaign of the project you wear in your signature does not support FUD posts on other projects threads by the way, just so you know.