Chrono.tech was established in 2016 in Sydney, Australia, to revolutionize how folks discover employment and corporations take care of contractors. Chrono.tech supplies blockchain-based options for recruitment, HR, and fee processes to securely cut back and get rid of obstacles to hiring and transferring funds for each employees and employers.
TIME is the Chrono.tech ecosystem’s native token that can be utilized inside its suite of merchandise.
The Chrono.tech improvement accomplishments vary from efficiently deploying decentralized purposes (DApps) to creating its personal facet chain with a singular consensus mechanism.
On this article, we’ll dive deep into what Chrono.tech is, discover the Time token, and learn to purchase Chrono.tech TIME token in just a few easy steps.
Let’s get proper to it!
What Is Chrono.tech
Chrono.tech affords blockchain-based options for recruiting, HR, and payroll to cut back the hurdles of discovering employment and transferring funds securely within the international labor market.
Chrono.tech goals to allow international freelancers to safe the perfect jobs and be paid rapidly and pretty, and companies to seek out and recruit the folks they want. It operates by blockchain know-how, eliminating obstacles to the normal recruitment business resembling intermediaries, prices, and inefficiencies. The corporate’s ecosystem is designed to rework the way in which people connect with companies and companies join with contractors globally.
The challenge’s suite of services and products, together with its native governance token TIME, are hosted on numerous blockchains and embody LaborX.com, a peer-to-peer market for unbiased contractors, TimeX.io, a Plasma-based cryptocurrency change, AUDT, an Australian dollar-backed stablecoin, and PaymentX, a cryptocurrency invoicing and payroll resolution.
TIME Token
The Chrono.tech ecosystem’s native token, TIME, can be utilized throughout the ecosystem to safe premium account standing and entry service-related income by staking TIME on TimeWarp.finance.
The unique TIME token was minted in February 2017 as an ERC20 and was up to date to the brand new ERC677 customary in November 2020. The replace permits the TIME token to be built-in with numerous DeFi protocols, providing lower-cost transactions and extra performance whereas remaining absolutely ERC20-compatible. Moreover, the brand new TIME 2.0 token contract additionally comprises up-to-date challenge metadata. With the improve to the ERC677 customary, new blockchains have been added to the Chrono.tech ecosystem, making TIME out there on Binance Good Chain and Polygon, along with the Ethereum mainnet.
Chrono.tech Ecosystem
Chrono.tech seeks to supply blockchain-based options for the HR and recruitment business. The Chrono.tech ecosystem contains the next merchandise:
1. LaborX.com
LaborX.com is Chrono.tech’s freelance job platform that permits freelancers and purchasers to attach, plan work utilizing digital agreements pushed by good contracts, and receives a commission securely and routinely in cryptocurrency. When the work is accomplished, escrowed funds are routinely launched, and a share of the charge, transformed to TIME tokens, is shared between the freelancer, employer, and TimeWarp stakers. A dispute decision service is supplied within the occasion of disagreement.
TIME tokens additionally give entry to Premium standing on LaborX, with such advantages as elevated TIME bonuses and precedence placement in search outcomes.
LaborX.com is decentralized so anybody can use it, and it costs low charges.
2. TimeX.io
TimeX.io is the Chrono.tech’s cryptocurrency change, based mostly in Australia, licensed and compliant with AUSTRAC, the nation’s monetary intelligence company. TimeX is a hybrid Plasma-based change that mixes the benefits of each centralized and decentralized programs, permitting lower-cost transactions and a user-friendly buying and selling expertise. The usage of Plasma permits fast and safe buying and selling of digital belongings, whereas the normal UI delivers an easy-to-use buying and selling expertise.
25% of buying and selling charges from all of the trades made on TimeX are transformed to TIME and routinely credited to the customers’ accounts.
3. TimeWarp.finance
TimeWarp.finance is the ecosystem’s DeFi yield farming software, the place holders of TIME can stake their token to earn their share of ecosystem revenues. All generated revenues are paid out to the TIME holders weekly.
TimeWarp additionally pays out TIME weekly to liquidity suppliers for the TIME swimming pools on main AMMs on Ethereum mainnet, Polygon, and BSC.
4. AUDT.to
AUDT.to is an Ethereum-based stablecoin backed 1:1 by Australian {dollars} (AUD). AUDT permits merchants to swiftly and easily transfer funds out and in of the blockchain ecosystem from an Australian checking account, retailer worth in AUD on the blockchain, and switch funds throughout the globe. AUDT is among the many key fiat currencies exchanged on TimeX. AUDT complies with AUSTRAC requirements and is audited regularly by a certified third-party accounting agency.
5. PaymentX.io
PaymentX.io is a multi-currency crypto payroll system that permits people and organizations to combine crypto funds into their day-to-day bill operations. Contractors can submit skilled invoices and choose a crypto pockets for fee. Corporations will pay a number of invoices with a single click on, and this system routinely interprets the dollar-equivalent quantity owed into cryptocurrency in the mean time of transaction. This technique eliminates the necessity for human computations and helps keep away from the human error sometimes concerned in paying freelancers and workers in crypto.
6. TimeBridge.org
TimeBridge.org is an in-house designed multi-blockchain token bridge that helps completely different blockchains resembling Ethereum, Polygon, and BSC. It permits the quick and simple change of TIME tokens between the networks utilizing a MetaMask pockets.
Crypto Gaming United (CGU) is a brand new challenge co-founded by Chrono.tech founder Sergei Sergienko. The aim is to make it simpler and extra worthwhile for avid gamers to entry play-to-earn choices because the business grows. Whereas CGU is a separate endeavor, it makes use of all of Chrono.tech’s know-how, with gamers forming groups through LaborX and transferring their earnings through TimeX, thereby rising the ecosystem’s consumer base and income.
Chrono.Tech Tokenomics
TIME token was launched in February 2017 as an ERC-20 token with a hard and fast provide of 710,113, instantly after Chrono.tech’s crowd sale was accomplished. There isn’t any reserved provide, which implies that all tokens are in circulation.
On the finish of 2021, the token contract was up to date to the ERC-677 customary, which is 100% suitable with ERC-20 however is extra optimized and has additional options. The amount of the token has remained the identical; due to this fact, there’ll by no means be greater than 710,113 TIME tokens.
Mark Carnegie, a enterprise capitalist, and a European household workplace, has just lately invested $30 million within the agency.
Test the real-time Chrono.tech TIME Value, market cap, circulating provide, 24-hour buying and selling quantity, complete provide, and many others., on CoinStats, top-of-the-line crypto platforms round.
The way to Purchase Chrono.Tech on CoinStats
Shopping for Chrono.tech (TIME) is fairly simple. Customers should purchase TIME tokens on a number of crypto exchanges, resembling Binance, MXC, Gate.io, Crypto.com, and Uphold.
To buy Chrono.tech on CoinStats, it’s essential to join your pockets and swap your present digital tokens for TIME. CoinStats helps over 250 cryptocurrency exchanges and over 8,000 cryptocurrencies. You need to use the CoinStats Pockets, MetaMask Pockets, Belief Pockets, Ledger Pockets, and many others.
Comply with our step-by-step information to purchasing Chrono.tech on CoinStats:
Step #1: Log in to CoinStats
To purchase TIME, customers want some main crypto tokens like Bitcoin, Ethereum, and many others., of their crypto pockets. You will need to log in to your present account or create an account on the Coinstats.app and seek for Chrono.tech within the search bar to purchase TIME.
Step #2: Click on Purchase
Subsequent, click on on the “Purchase TIME” button situated within the web site’s higher proper nook.
Step #3: Join Your Pockets
Navigate to the “swap” characteristic and hyperlink the pockets the place you retain your ETH or BTC tokens. While you click on the “Join” button, you’ll be introduced with a number of pockets choices supported by CoinStats. Seek for your pockets and join it. You may also hyperlink it by scanning the QR Code with WalletConnect or manually getting into the Blockchain/Crypto and Pockets tackle in your net or cell software.
Step #4: Choose the Tokens
After efficiently linking your pockets, choose the token to swap by getting into the info in cryptocurrencies or USD/EUR.
For example, we’re swapping ETH for TIME or shopping for TIME with ETH.
Within the “From” tab, choose the ETH token out of your pockets, and within the “To” tab, choose “TIME.”
Step #5: Swap Crypto
Modify the slippage and fuel settings within the “Superior Choices” and click on the “Submit Swap” button whenever you’re executed with customizing.
After submitting your swap request, you’ll be requested to substantiate it. Double-check the knowledge displayed in your net or cell app web page and click on the “Affirm” button.
Your transaction is now in course of. The pace of your transaction will range based mostly on the fuel settings you select. You may observe your transaction utilizing the loader within the backside proper nook of the pockets’s principal web page.
NOTE: You’ll be charged Community Transaction charges, typically often called fuel charges required to carry out a blockchain transaction. In essence, fuel prices are paid within the community’s native forex, resembling Ethereum for the Ethereum community. CoinStats additionally costs a minor swap charge along with the fuel charges.
The way to Purchase Chrono.tech (TIME) on Cryptocurrency Exchanges
Right here’s our detailed step-by-step information on the right way to purchase Chrono.tech (TIME) on cryptocurrency exchanges:
Step #1: Choose an Trade
You should purchase TIME tokens on a number of exchanges. You’ll want to check them to decide on the one with the traits you want, resembling low transaction charges, an intuitive platform, and round the clock customer support. Additionally, contemplate if the cryptocurrency change is regulated by the Monetary Business Regulatory Authority (FINRA), and many others., and permits shopping for TIME together with your most popular fee strategies.
Step #2: Login or Create an Account
After you’ve selected a cryptocurrency change that meets your whole necessities, the following step is to register with the change utilizing your e mail or cell quantity. The necessities range based mostly on the platform. To get verified and start buying and selling, it’s essential to enter the verification code despatched to your e mail or cellphone.
Some exchanges have strict KYC and AML necessities, and it’s essential to present private data resembling your title, contact data, e mail tackle, house tackle, social safety quantity, and a replica of a government-issued ID like a driver’s license or passport to get verified. If you happen to intend to deposit fiat forex out of your checking account to purchase the TIME token, it’s essential to submit this data to authenticate.
As soon as your id verification is full, utilizing two-factor authentication (2FA) is advisable to guard your belongings.
Notice: Present customers can immediately log in to their change account to purchase Chrono.tech (TIME).
Step #3: Deposit Funds
The following step is to fund your account. Many exchanges allow you to fund your account with fiat forex like USD or EUR. Merely choose your most popular methodology, resembling a financial institution switch, wire switch, credit score or debit playing cards, e-wallets, PayPal, and many others. The fee methodology used to purchase TIME tokens can be decided by the platform, location, and preferences.
Some deposit choices are extraordinarily quick, whereas others require a affirmation from authorities relying on the quantity. Keep in mind to check the prices related to numerous deposit choices as a result of some have larger charges than others.
Step #4: Purchase TIME
The method of buying Chrono.tech (TIME) is analogous throughout all exchanges. Seek for Chrono.tech (TIME) within the search bar, choose and click on on “Purchase TIME” or its equal. Enter the quantity of TIME or the fiat quantity to be spent.
Most exchanges will routinely convert the quantity to indicate you ways a lot cash you’ll spend and what number of TIME tokens you’ll get. Double verify all the small print earlier than continuing with a closing affirmation.
You may place a market order to purchase Chrono.tech (TIME) tokens instantly on the present market value or a restrict order indicating you need to purchase TIME at or beneath a selected value level. The cash will solely seem in your pockets in case your dealer executes your order at or beneath the required value.
Retailer Chrono.tech (TIME)
When you’ve accomplished your TIME buy, the following step is to decide on a safe pockets to retailer your TIME tokens. Your tokens could be saved in your brokerage change pockets, however they are going to be weak to assaults by on-line hackers. Consequently, we extremely urge you to maintain your cryptocurrencies in a non-public pockets with your personal non-public keys.
Cryptocurrency wallets are labeled into two sorts: software program wallets and {hardware} wallets. The CoinStats Pockets is a wonderful software program pockets for storing Chrono.tech TIME. The CoinStats Pockets securely saves your belongings and means that you can monitor and handle your complete portfolio from a single place with crypto portfolio trackers.
{Hardware} wallets, often known as chilly wallets just like the Ledger or Trezor, are essentially the most safe choices since they provide protected offline storage and backup capabilities. These are greatest suited to skilled customers with a lot of tokens.
The way to Promote Chrono.tech TIME
You may money out your TIME with the identical change you obtain it from by following the identical steps:
1. Login or Create an Account
Check in to the change account the place you could have TIME.When you have stored your Chrono.tech (TIME) in a digital pockets, evaluate crypto exchanges to decide on the place to promote it, and create an account.
2. Place a Promote Order
Select how a lot TIME you want to promote and place a promote order.
3. Full Your Transaction
Full your TIME sale by confirming the promoting value and charges.
Is Chrono.tech (TIME) a Good Funding
Earlier than investing in TIME, contemplate the next key options:
Beneficiant Staking Rewards: Customers can stake TIME tokens with the native TimeWarp software to acquire staking incentives. They’re assured common payouts, job mining, and premium account standing on the LaborX freelancing platform for staking the TIME token and supporting the ecosystem.
Governance: Along with its utility, TIME serves because the Chrono.tech ecosystem’s governance token. TIME 2.0 lowered transaction costs and allowed TIME to include further decentralized finance (DeFi) protocols whereas remaining absolutely compliant with the ERC20 customary. Token holders can now use the token to vote on the Chrono.tech challenge’s future improvement.
A Suite of Providers: Chrono.tech is dedicated to offering a complete assortment of options that contribute vital worth to the employment market. There aren’t many various cryptocurrency protocols targeted on the employment enterprise, which can assist Chrono.tech achieve a dominant market share. Whereas the protocol won’t must compete with many different crypto-based companies, Chrono.tech will nonetheless must compete with conventional HR-focused enterprises.
Native Stablecoin: The ecosystem supplies its personal Australian greenback stablecoin, AUDT. The stablecoin is totally backed by an Australian greenback reserve and can be utilized by employers on the native PaymentX community. AUDT is likely one of the key fiat currencies traded on TimeX.
Closing Ideas
Chrono.tech is likely one of the most modern tasks, aiming to unravel a sequence of issues within the international recruitment and employment markets. It goals to revolutionize the employment market by creating blockchain-based options that permit anybody to seek out jobs and companies to seek out the folks they want whereas avoiding the middlemen, prices, and inefficiencies that plague the normal recruitment sector and are regularly a barrier to employment.
The group has a powerful imaginative and prescient to put in writing the following chapter of historical past by realizing its aim of permissionless, open, international employment.
You may also go to our CoinStats weblog to study extra about wallets, cryptocurrency exchanges, portfolio trackers, tokens, and many others., and discover our in-depth shopping for guides on the right way to purchase numerous cryptocurrencies, resembling The way to Purchase Floki Inu, What Is DeFi, The way to Purchase Cryptocurrency, and many others.
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