Re: [ANN][ICO] ChronoLogic - Proof-of-Time token on Ethereum

Interesting idea, looks like a usage token platform with masternode, mining farm as basis right ?
I wonder how proof of time works since eth is block based

It is similar to a masternode, your TimeMint though will exist in your ETH address and so it can stay in your cold wallet. There is no need to keep you machine on.

The other difference with masternodes, is that you will be able to sell a TimeMint through a smart contract,
only 3,333 TimeMints can exist.

That sounds like good way for making money passively. I wonder how market for TimeMint will work ?

The DAY token - which again is the token your TimeMint will mint in your ETH address through the passage of time - will be tradable on exchangers, the TimeMints (or Masternodes) instead will be able to get sold via a trustless smart contract, may the TimeMint holder wish to sell.

Only people participating in the ICO will be able to have one of the 3333 TimeMints available.

TimeMints will have their own secondary market.

For more information i suggest you join the Slack.