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Chrono.tech

TIME

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About Chrono.tech

TIME is an Ethereum token used in the Chrono.tech ecosystem. Chrono.tech provides blockchain-based solutions for recruitment, HR and payment processes, reducing the barriers to accessing work and transferring funds securely in the global labor marketplace. The TIME token can be used within its suite of products.

Chrono.tech is a blockchain-based platform that aims to enhance the global labor marketplace by providing solutions for recruitment, HR, and payment processes. It strives to reduce the barriers to accessing work and transferring funds. The project's suite of services and its native governance token, TIME, are hosted on multiple blockchains. These services include LaborX.com, a peer-to-peer freelancer marketplace; TimeX.io, a Plasma-based platform for digital assets; AUDT, an Australian dollar-backed stablecoin; and PaymentX, a crypto invoicing and payroll solution. The TIME token is the native token of the Chrono.tech ecosystem and can be used within its products, for instance, to secure premium account status, as well as staking TIME on TimeWarp.finance to receive the compensation generated by all services.

Chrono.tech operates through a suite of blockchain-based services. LaborX.com, for instance, allows freelancers and customers to organize work via digital agreements, powered by smart contracts. All payments are escrowed and made in cryptocurrency, and once a job is completed, escrowed payments are released automatically. TimeX.io, on the other hand, is a hybrid Plasma-based platform that offers trading of digital assets. TimeWarp.finance is the ecosystem's DeFi yield farming application where TIME holders can stake their token to receive compensation generated by all products of the Chrono.tech product range. PaymentX.io is a multi-currency crypto payroll solution that enables individuals and businesses to integrate crypto payments into their day-to-day invoice processes.

Chrono.tech has a wide range of potential use cases, particularly in the global recruitment and employment markets. Its freelance work portal, LaborX.com, allows freelancers and customers to organize work via digital agreements, powered by smart contracts. This eliminates the need for third-party facilitators and ensures prompt payments. TimeX.io, Chrono.tech’s platform for digital assets, provides a user-friendly trading experience, allowing for trading of digital assets. TimeWarp.finance, the ecosystem's DeFi yield farming application, allows TIME holders to stake their tokens and receive compensation generated by all products of the Chrono.tech product range. PaymentX.io, a multi-currency crypto payroll solution, enables businesses to integrate crypto payments into their day-to-day invoice processes.

Chrono.tech was founded in 2016 with the aim of making short-term employment opportunities as easy to access as any other online service. The Sydney-based company was launched after a successful token distribution in 2016. Since then, Chrono.tech has built a suite of tools and services to facilitate recruitment, invoicing, and payments, with a labor-hire platform LaborX, Plasma-based platform TimeX, and cryptocurrency payroll solution PaymentX to facilitate cost-effective transactions and improve quality and reliability. The TIME token, the native token of the Chrono.tech ecosystem, was upgraded to the new ERC677 standard in November 2020, enabling it to be integrated with other DeFi protocols, facilitating cost-effective transactions, and providing other advantages, while remaining fully ERC20-compatible.

TimeWarp is a feature within the Chrono.tech ecosystem that enables holders of the TIME token to lock their tokens and receive non-monetary incentives. This is facilitated through a dedicated smart contract. The incentives are generated from various activities within the Chrono.tech ecosystem. A portion of the revenues generated from these activities is used to acquire TIME tokens from the open market. These tokens are then stored in a special Time Fund address and periodically distributed to holders who have locked their TIME. The amount of incentives a user receives is dependent on the quantity of TIME they lock and the duration for which they commit to locking their stake. This initiative seeks to enhance the utility of the TIME token by making it more engaging due to the weekly distributions and by keeping the locked supply off the open market, thereby potentially influencing token dynamics.

LaborX is a crucial component of the Chrono.tech ecosystem, functioning as a decentralized marketplace for employers and freelancers. Utilizing blockchain technology, LaborX intends to facilitate labor solutions with transparency and efficiency. It seeks to bring changes to the gig economy by enabling direct peer-to-peer interaction, with a focus on reducing the role of intermediaries and fees, and fostering trust through smart contracts. This not only strives to benefit freelancers by ensuring fair compensation but also aims to provide employers with access to a broad pool of global talent. LaborX provides freelancers with a platform to display their skills, connect with opportunities globally, and facilitate timely payments. For employers, LaborX aims to streamline the recruitment process by providing access to a diverse talent pool and automating administrative tasks through smart contracts. Beyond LaborX, Chrono.tech offers a suite of solutions intended to bring changes to various aspects of the labor market. The TIME token, an integral part of the ecosystem, is designed to facilitate transactions and encourage participation.

TimeX is a component of the Chrono.tech ecosystem, functioning as a hybrid cryptocurrency exchange. It aims to combine the speed and privacy of a centralized system with the security and transparency of a decentralized solution. This combination is achieved through the use of Plasma, a sidechain technology built on the Ethereum blockchain. TimeX transactions strive to be settled on the main Ethereum chain, with the intention of immutability and decentralization, while off-chain Plasma transactions aim to facilitate trade execution and structured fees. TimeX encompasses features like transactions that are friendly to fiat currencies, structured fees, trading tools, API integration, and a mobile application.

PaymentX is an integral part of the Chrono.tech ecosystem, aiming to offer improvements in how businesses and individuals handle payments. It leverages blockchain technology to provide a payment solution that aims to prioritize user data protection. PaymentX's key features include multi-currency support, a user-friendly interface, merchant integration, smart contracts, and API integration. It supports a range of digital and traditional currencies, aiming to cater to diverse user preferences. The platform can be seamlessly integrated into e-commerce websites and applications, allowing businesses to accept payments in various forms effortlessly. Smart contracts enable automated transactions, reducing the need for intermediaries and ensuring agreements are executed as intended. PaymentX provides API support for developers, allowing for custom integrations and enhanced functionality. Its use cases range from e-commerce and cross-border payments to subscription services and remittances. As the digital economy continues to evolve, PaymentX strives to contribute to the ongoing evolution of payment solutions.

AUDT is a stablecoin associated with the Australian dollar and is one of the digital assets associated with Chrono.tech. AUDT is designed with the intention of integrating the perceived stability of traditional currency and the transparency of cryptocurrency. It strives to mitigate certain risks, facilitate global transfers of fixed value, and integrate real-world currencies or goods with crypto. AUDT is designed with the intention of facilitating user interaction with Australian traders and participation in cross-exchange and multi-currency arbitrage. It's worth noting that AUDT has undergone a smart contract audit as part of its efforts to enhance its security and reliability.

Participating in Chrono.tech's TimeWarp involves a series of steps. First, install the MetaMask.io wallet browser extension for Google Chrome. Once MetaMask is set up, transfer TIME and ETH to facilitate transaction processing to your displayed MetaMask wallet address. Next, visit the TimeWarp pools site and connect your wallet. With your wallet connected, select the pool you want to stake TIME in, open the Staking drop-down menu, and click "Transfer". Choose the amount of TIME and the staking period. Longer periods may be associated with increased non-monetary incentives. Click "Approve" to proceed. Confirm the transfer in your MetaMask wallet. After the process is completed, repeat the process with the same amount and period, but this time, click "Transfer" and confirm in MetaMask. Wait for the process to be confirmed, and you're done! Your TIME is now staked and may result in weekly non-monetary benefits.

Yes, Chrono.tech's ecosystem includes a product called PaymentX, which is a tool that facilitates the process of crypto-based transactions for businesses and individuals. Users can create professional invoices and set up recurring, one-click crypto-based transaction channels. This solution is particularly beneficial for companies with employees working from different parts of the world, as it facilitates the process of global payroll operations. PaymentX aims to offer improvements in the way companies disburse crypto-based transactions to employees across the world.

LaborX provides access to various job opportunities in numerous fields. These encompass Blockchain & Crypto, Web, Mobile & Software Development, Design & Creative, NFT, Sales & Marketing, Writing, Engineering & Architecture, Translation, IT & Networking, Legal, Admin Support, Customer Service, Accounting and Consulting Specialist, Gaming, Audio Video Production, and more. The platform accommodates both full-time and freelance job opportunities, catering to the needs of both job seekers and employers. Whether one is a software engineer, a digital marketer, a legal consultant, or a creative designer, job seekers may find opportunities that align with their skills and expertise on LaborX. The platform has the functionality to support crypto payments, which may appeal to those interested in earning in cryptocurrencies.

Market

Canada Market Stats

Market cap

CA$30.9M

Volume (24h)

CA$716,501.96

Circulating supply

710.1K TIME

Typical hold time

3 days

Popularity

#811

All time high

CA$684.16

Price change (1h)

+2.75%

Price change (24h)

+5.37%

Price change (7d)

+14.12%

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Chrono.tech is on the rise this week.

The price of Chrono.tech has increased by 2.75% in the last hour and increased by 5.37% in the past 24 hours. Chrono.tech’s price has also risen by 14.12% in the past week. The current price is CA$43.57 per TIME with a 24-hour trading volume of CA$716.50K. Currently, Chrono.tech is valued at 93.63% below its all time high of CA$684.16. This all-time high was the highest price paid for Chrono.tech since its launch.

The current circulating supply of Chrono.tech is 710,112.81 TIME which means that Chrono.tech has as total market cap of 710,112.81.

FAQ

What is the current price of Chrono.tech?

We update our Chrono.tech to CAD currency in real-time. Get the live price of Chrono.tech on Coinbase.

What is the market cap of Chrono.tech?

The current market cap of Chrono.tech is CA$30.93M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Chrono.tech?

The all-time high of Chrono.tech is CA$684.16. This all-time high is highest price paid for Chrono.tech since it was launched.

What is the 24 hour trading volume of Chrono.tech?

Over the last 24 hours, the trading volume of Chrono.tech is CA$716.50K.

What other assets are similar to Chrono.tech?

Assets that have a similar market cap to Chrono.tech include REVV, Inverse Finance, MASQ, and many others. To see a full list, see our comparable market cap assets.

How many Chrono.tech are there?

The current circulating supply of Chrono.tech is 710 thousand.

What is the typical holding time of Chrono.tech?

The median time that Coinbase customers hold Chrono.tech before selling it or sending it to another account or address is 3 days.

What is the relative popularity of Chrono.tech?

Chrono.tech ranks 247 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Chrono.tech?

Currently, 81% of Coinbase users are buying Chrono.tech. In other words, 81% of Coinbase customers have increased their net position in Chrono.tech over the past 24 hours through trading.

Can I buy Chrono.tech on Coinbase?

Yes, Chrono.tech is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Chrono.tech guide.