Time Money will be first decentralized platform for people to meet, provide different services, coaching, consultation or any other help, which is time or task based.
Unique per minute calculation system and blockchain technology makes platform to be secure and transparent. We will ensure that these meetings between users are mutually beneficiary, great quality and rewarded. All transactions between users will be written in Smart contract-based payment gateway with transactions recorded in Blockchain, which currently is most secure system and open to the world.
Our team consist of highly respected and recognized Latvian entrepreneurs, who came together and are doing first Latvia ICO. CEO Oskars Dombrava has big experience in telecommunications and internet marketing (+10 years) and has been developing and leading project since 2016. Platform logic and workflow was developed in USA, Florida by doing focus groups, consulting advisers from worldwide venture capital and telecom companies. As soon as Blockchain became more popular, we knew it was right next step, as we wanted decentralized on demand service, meeting platform, where users are secure and free.
Currently there is no other application in the market, which allows to provide any skill set on demand and get paid that time calculated per minute basis. Well known on-demand applications are niche orientated, example Uber is for rides, Airbnb is for rentals, however there is no united and decentralized solution. We see that on-demand meeting, job market is growing and real value is time. Current trend worldwide is for people to get out of 9-5 jobs, so our platform is next logical step for that.
Time Money platform will have its internal currency- TMONEY token. TMONEY token will allow users not to depend on banks or any other financial institutions. TMONEY is based on Ethereum protocol and it will be used for all transactions in Time Money platform. TMONEY token is controlled by the Time Money users, which is independent and ruled by the community, so fees will be only for gas to transfer. By using cryptocurrency, it will give people relevant flexibility to use tokens as they want. Since TMONEY is attached to Ethereum, then it will be very easy to convert to any well recognized crypto or fiat currency.
Time Money launch is planned for January 2019 in Florida, USA and later that year in whole US adding state by state, then plan is to scale it up worldwide in following years with local marketing teams. Platform plans to generate profit by third year. Main profit generation will be administration fee for meetings, which will be less than similar platforms like Uber or Airbnb charge. As well we look into possible advertisement on platform for local businesses, which can generate extra revenue in forth year. Till 2025 we plan to make platform worldwide available and integrate other similar platforms via API in ours.
Time Money ultimate goal is to replace old job system and increase productivity and people work worldwide.
Mission - Our mission is to help people to convert their time into money by doing what they love and can do. Unlike many other Blockchain start-ups, our internal currency- TMONEY will be used to calculate real people time, which will not lose its relevancy.
Vision - Our Vision for Time Money is to replace current job systems with decentralized ondemand service platform worldwide, where great meetings happen.
TWO-WAY REVIEWS
- Meeting requester rates quality of the meeting and time both parties spent, how close it was to the service initially agreed on meeting.
- Meeting provider rates quality of the meeting and time both parties spent, how close it was to agreed service and professionalism of meeting requester.
RATING SYSTEM
- User will must have rating above 4,5 stars (out of 5 possible) to be active in our system.
- Users with ratings bellow 4,5 stars will be manually reviewed.
- We will not tolerate bad rating (bellow 3,5 stars). Users with bad rating will be suspended from our application.
Good-user attracts good-user referral system will be one of the kind. We will allow users with Good star rating to invite other users as Meeting providers and both parties will receive bonus. Any other ondemand service company does not use this system currently, which is why algorithm currently is confidential. We predict to have viral growth of our user base by using this system
The Future of On-Demand Economy
Time Money platform will easily integrate crypto currency in daily people life.
- 5 billion people don’t have bank accounts and can’t be managed via classical fiat systems, which provide Time Money possibility to grow, as these populations are connected to internet.
- Blockchain is growing in popularity- each year there are new blockchain users and Time Money platform will make it easier to convert any other fiat currency in TMONEY tokens by using Coinbase API. We chose Coinbase, as it is very stable and well recognized Exchange Company.
- TMONEY will have considerable advantage over other ERC20 tokens, as most of them are not easily convertible to fiat currencies, which are used by most population.
- TMONEY token will positively correlate with the number of transactions realized through the payment-processing platform.
- For our premium users we will develop TMONEY Credit card, where users will be able to withdraw or pay using credit card. In those cases TMONEY will be converted to fiat currency on backend.
For Information
Website: https://tmoney.io/
Whitepaper: https://tmoney.io/tmoneywhitepaper.pdf
ANN: https://bitcointalk.org/index.php?topic=4510275.0
Twitter: https://twitter.com/tmoneyio
Facebook: https://www.facebook.com/timemoneyapp/
Telegram: https://t.me/tmoneyico
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