Post
Topic
Board Announcements (Altcoins)
Re: [ANN] TIMEREUM (TME): First manually mined smart contract token.
by
fonship
on 20/08/2017, 21:05:24 UTC
Rebranding

I have the intention of rebranding TME under a different, better name. This would likely not occur for 6-12 months. A snapshot of holdings and genesis batches would be taken, and a newer contract deployed.
This would also give the opportunity to make the base token fully compatible and have it implement totalSupply(). This would allow the base token to be traded on EtherDelta and other decentralized exchanges. The situation with Nova has brought to my attention that using only centralized exchanges to trade puts the token holders at the mercy of exchange issues.

Exchanges

Although I understand the desire to trade, I think that the value of the base token should be based on the delivery of a service. Therefore I am advocating to wait until the new service is released and the base token rebranded to trade the base token. If an exchange picks TME up in the meantime, that is fine. If the community wants to work to put TME on more exchanges, they can. I do understand that NovaExchange gained TME a lot of publicity.

I think you posted here that you're gonna work full time on timereum after it will hit exchanges. And now 6-12 for rebranding? Does that mean that the project is dead??? I simply don't understand that long timeline. Now TME got momentum and lots of people know about it. In 6 months everyone will forget it!

Priority is on producing the service.
Then, rebranding the base token.
Then, possibility improving the service and adding features.
Project is just getting started. Far from dead.
Not opposed to putting on exchanges. Just giving long term plans.

I would also recommend not to take pause and keep momentum going, where Dev team can work on product development while token still remains active in exchanges, this leaves a trail and history which will be helpful in future as well.
We can make a road map as to when and how this transition will happen but lets keep this momentum going