Currently, every entrepreneur, related to both small and large businesses, needs a team of professionals who will help to effectively manage business. But there are situations where there is no qualified specialist to carry out non-standard work in team, and an entrepreneur is forced to contact another organization. For example, a grocery non-network store needs to launch an Internet website, but there are no specialists in the stuff of the organization. The services of a third-party organization, regardless of the specialization of its activities, are expensive, since the company includes the profit of not less than 30% in the price. It is much more beneficial to directly cooperate with a qualified specialist. Decentralized Time Money platform provides a qualitative base of competent specialists, oriented to the fast and high-quality execution of their work.
htps://tmoney.iot
Key features of Time Money
The work of the project is based on the use of a timer when performing a task. The final fee for the work is paid for the time spent by an expert to complete an assignment, and not for the total amount of work. A customer gets the work done in a short time with Time Money, and a performer - a decent payment for actually spent time. This project has no analogues, as Time Money consolidates within one platform specialists in all areas.
Advantages of Time Money
Work on Time Money is organized with the use of blockchain technology. It reliably protects users' money and the system from hacking and changing data. Moreover, thanks to blockchain technology, Time Money can work without affecting state structures and without the participation of intermediary banks in conducting a transaction. Calculations on the project are carried out with the help of smart contracts, allowing payments to be made directly between a customer and a provider in the platform tokens. When registering on the site, you need to pass MCC check. Each user can register only once.
Each customer is reliably protected from unscrupulous and unpunctual performers with the help of rating system. Users with ratings below 4.5 points out of the maximum 5 become inactive and are treated individually on admission to work. Users with ratings below 3.5 points are deleted from the system without the right to further recovery. The rating is influenced by feedback from real customers. The rating system is bilateral and works similarly for customers. Thus, each user is interested in a positive reputation for successful work on the project.
To calculate time for a task, GPS navigator and timer are turned on. A performer is interested in carrying out the task quickly and qualitatively, since preliminary terms for the project are discussed in advance. "Time is money" is the key message of the platform, which involves time-based payment. The project’s business model is based on charging commission from each transaction.
htps://tmoney.iot
Time Money cryptocurrency
TMONEY tokens are used to perform internal calculations. It is developed in compliance with the Ethereum-based ERC-20 standard. The project is currently at the preliminary stage of the crowdsale until September 14, where you can buy one token for 0.000235 ETH. The main stage of the ICO lasts until November 30. The fixed price for one TMONEY is 0.000237 ETH. The minimum purchase amount is 0,1 ETH, and the maximum purchase amount is 12,000 ETH. The project’s softcap is 2.4 million dollars, hardcap - 14 million dollars.
Summary
Thus, Time Money project is an exchange that consolidates professionals and performers from different spheres of life within a single platform. The platform promotes the use of time-based labor compensation with a unit of measurement in minutes. Reliable protection of users’ money, active system of live rating, convenient interface assure effective work of users.
Thanks to P2P calculations, customers can save money by conducting direct settlements with a contractor.
The interesting idea of the project already allowed getting high marks from experts (5 of 5 from TrackICO, 4.3 of 5 from ICObench). The launch of the project is scheduled in early 2019. By 2021, the project creators plan to enter the world market with the access for Europe, Russia and Asia.
Links:
Website: https://tmoney.io/
WhitePaper: https://tmoney.io/tmoneywhitepaper.pdf
Telegram: https://t.me/joinchat/FDl6hhFPILtJlbtPvXxBlQ
Facebook: https://www.facebook.com/timemoneyapp/
Twitter: https://twitter.com/tmoneyio
Medium: https://medium.com/@fightstv
ANN: https://bitcointalk.org/index.php?topic=4510275.0
Author: https://bitcointalk.org/index.php?action=profile;u=980049
ETH: 0x52031420541AE92622745A9417B11E73fb470BE9
Disclaimer
This review by Bonanza Kreep is all opinion and analysis, not investment advice.