Chrono.tech x IM community AMA RECAP
TELEGRAM AMA: Im Community & Chrono.tech 🐋
⏰ AMA Timing : 28 September 2021 l 02:00 PM UTC l 21:00 GMT +7
Venue For AMA : https://t.me/imcommunityitw
🎁 Reward Pool 100 USDT
Bà Tân | : Welcome @Flout from Chrono.tech
Bà Tân | : Welcome everyone. Today Im Community will host AMA with Chrono.tech
Bà Tân | : Today our guest is: @Flout from Chrono.tech
Bà Tân | : Please introduce yourself a bit: @Flout😊
Flo : Hello, my name is Florenz, I got into crypto in 2016 and I’m since 2017 working with Chrono.tech :)
and I’m based in Berlin
Bà Tân | : Thanks for the introduction.
Bà Tân | : Today’s AMA will have 3 sessions
Sessions 1: The chat will be muted & the team will introduce themselves then we will ask some introduction questions to the team Chrono.tech
Sessions 2: We will pick 5 Best Question from our members on Our Tweet (https://twitter.com/IM_Communityitw/status/1442465016599384070).
Sessions 3: The conversation will open to the community questions and the 5 best questions will be selected.
Bà Tân | : Requirements:
🗣Im Community (https://t.me/imcommunityitw)
👉More information about Chrono.tech :
Say hello in the Chrono TG community as well, they were looking forward to having you on board all day already 😊🥳
Bà Tân | : Start session 1 AMA @Flout
Bà Tân | : Question1. Can you briefly describe what is Chrono.Tech? We would like to know more about it and how it works. @Flout
Flo : Our team started Chrono.tech in 2016 already, one of the first token projects and even the #1 in Australia and for the past 4 ½ years we are developing HR, Jobs, DeFi & Trading products.
We currently have close to 150k users across all of our products and seeing lots of growth
We are also one of the biggest Axie Infinity Scholarships sponsor worldwide — but more on that later 🤫
Ahrix : @Flout Please say “Done” when you have finished the question, thank you.
Flo : Done
Bà Tân | : Question2. What categories is the Chrono.Tech team currently developing?
Flo : We focus on all technical and crypto jobs mostly. So if you can write code, do community management etc., you could use our LaborX.com platform to find employers who will pay you in ETH, BNB, USDT and so on. In turn you will also find experienced freelancers on LaborX which you could work with together on your own project.
With our products up and working for over a year now, one of our current main focuses is the Play2Earn sector, which essentially also has people looking for work opportunities and others that are employing them in the form of scholarships, which you have probably already heard of in the context of Axie Infinity.
Our Play2Earn academy CGU.io (which I urge everyone to join) currently has almost 2,000 daily active players and with Axie a player can make up to $105 a week 🤯
So check out our Discord to apply for scholarship: https://discord.gg/T7969TUrPD
done with this 😊
Bà Tân | : Question3. What are the products that Chrono.Tech team provides to users?
Flo : Chrono.tech does lots of things in the DeFi space, having a huge professional team, here are the main ones:
TimeX.io — our hybrid exchange.
TimeWarp.finance — the $TIME token staking dashboard, high APY, based on revenue from our products.
LaborX.com — crypto jobs platform (check it out if you’re looking to make an income from crypto as a developer, manager, designer, musician, LaborX let’s find DeFi job opportunities.)
AUDT.to — our licensed stablecoin in Australia.
PaymentX.io — tool to quickly send simple payment requests to others.
Bà Tân | : Question4. What role does the $TIME token play in your ecosystem? What are the benefits of long-term holding?
Flo : Chrono.tech ($TIME) is primarily used for staking on TimeWarp.finance, where stakers will receive 100% of the weekly revenues generated by the Chrono.tech/ecosystem.
Currently that’s $160,000 in staking rewards being distributed each month to staked $TIME through TimeWarp.finance
Users who have their TIME staked on TimeWarp.finance can also access Premium status on LaborX.com/premium and enjoy many benefits (that’s particularly interesting for our scholars as it makes the platform essentially free-to-use for them while also generating rewards on a weekly basis through staking.
Just recently we also experiment with a sort of trading fee re-distribution system on our exchange, TimeX.io which will actually reward users for actively trading.
Bà Tân | : Question5. What is the future development plan of Chrono.Tech team?
Flo : We are getting into Play2Earn big lately as I mentioned earlier. We plan to have 180,000 active scholars within the next 18 months, and that’s not only with Axie Infinity as we see many other games coming up with a very similar scholarship mechanic for in-game NFTS to that of Axie.
There was even a Bloomberg article about Chrono.tech ($TIME) and CGU about the Play2Earn hype a few days ago: https://www.bloomberg.com/news/articles/2021-09-08/crypto-gaming-surge-lures-australia-s-carnegie-on-play-to-earn
Bà Tân | : End of session 1
Bà Tân | : We will move on to session 2
Bà Tân | : Sessions 2: We will pick 5 Best Question from our members on Our Tweet (https://twitter.com/IM_Communityitw/status/1442465016599384070).
Bà Tân | : Question1. Staking is one of the most attractive way that exist through the DeFi system where users generate passive income. With that, can you tell us more about #TIME staking program and various ways through which users can participate in your staking program? @KedvinHa
Flo : There is a limited amount of $TIME tokens as max. supply in circulation; that is 710,112 $TIME
no more TIME will ever be minted than the original 710,112
We have a very clean CMC page btw, check it out 👀
These TIME tokens can be staked on TimeWarp.finance to get a yearly return of currently 220% in form of weekly payouts.
That’s $160,000 per each month right now with current revenues of our chrono.tech/ecosystem
TimeWarp is available for Ethereum, BSC & just recently we also ported $TIME to Polygon. There are full guides for TIME stakign available on docs.timewarp.finance
Bà Tân | : Question2. Do you agree that the community power will lead to further success of a blockchain project? Do you have a good marketing team, or enough financial resources to approach to more global community members? Does Chrono Tech friendly with non-English speakers? @Dumblele1
Flo : Yes, having people interested in the development of a project and its products is really important for long term success!
Chrono.tech has plenty marketing funds in good ole cash as well as major crypto currencies such as BTC and ETH, meaning we do not need to sell any $TIME to fund marketing 🙌
Bà Tân | : Question3. How do you keep your platform safe for Investors, and is your platform protected from hackers? And how do you manage if there’s an attack on your platform, including the personal data of your platform’s users? Is your platform ready for this? @alabaca_david
Flo : We utilize highest industry standards for securing servers and customer datas from our products.
And as a DeFi-loving project, we opt for full decentralized login methods everywhere we can, currently on LaborX and TimeWarp
Bà Tân | : Question4. Partners are an important element of every project. It can help the project make more impressions and attract more users. So who is Chrono partner? What benefits do they get from the project and vice versa? @mac_sip
Flo : Our team is probably as well connected in Australia as no other crypto project is, our C-level management has contacts with government regulatory branches as well as tons of business men and women from all over the country.
As for the crypto space, we have been working with dozens of projects over the past few years, also a lot with KuCoin and their great community
We are also more and more exploring partnerships outside the crypto space to bring our products to mass adoption, e.g working with talent agencies and so on
Bà Tân | : Question5. Adoption is one of the important factor that all sustainable blockchain projects should focus to be more attractive in the investors’s eyes. What did Chrono.Tech do and plans to do to achieve real world adoption? @Annabelz327
Flo : We are aiming high with the novel Play2Earn concept and genuinely expect an immense increase in user numbers from this over the upcoming months.
At the same time we are of course further improving our products, focus on traditional marketing methods as well as looking for ways to gradually increase the number of completed jobs on LaborX.com and trading activity on TimeX.io
I would like to once more urge everyone around here who would like to dip into Play2Earn to join our community, @chronotech, the CGU discord https://discord.gg/T7969TUrPD to apply for scholarships and get to earning those $$$ 🤑
You can just throw your questions on how to start in our TG group, on discord, or DM me for more details 😊
Bà Tân | : Congratulations to the winners of session 2.
Bà Tân | : Alright, Session 2 has finished perfectly. Appreciate your detailed responses @Flout 😃
Flo : Thank you, too, it’s fun being here with your community 😊👍🍀
Bà Tân | : End of session 2
Bà Tân | : We’ll move on to session 3
Bà Tân | : Sessions 3: The conversation will open to the community questions and the best questions will be selected.
Bà Tân | : Don’t forget to join the group https://t.me/chronotech
Bà Tân | : Thanks for the questions from the community.
Bà Tân | : Now let’s give our dear guest @Flout some time to go through them.
Bà Tân | : @Flout Pick the 5 best questions and answer it for session 3.
Q1. My Question👇
A-Increasing Token price
B- make Token Valuable
C-Building Community Trust
From 3 aspects above,. I want to ask,. Which one the most important for you??
If all above are important for you,. Which one that Will you do first??
Thankyou Sir @Flout
Flo : B — but generally, that’s all important and I think we are building the most value for $TIME with LaborX.com, where you can find and offer crypto Jobs and be paid in ETH, BNB, BUSD…
Q2. Can you list 1–3 killer features of Your Project that makes it ahead of its competitors? What is the competitive advantage your platform has that you feel most confident about?
Flo : 1- LaborX.com has lower fees than any other jobs platform (like Fiverr, Upwork)
2 — You can login to LaborX.com DeFi style using your MetaMask wallet
3 — no middle men, you can make job contracts directly with each other
Q3. Will there be a limitation on the amount we can deposit in your Project? As of now, what forms of payment is currently supported by Project?
Flo : $TIME staking on TimeWarp.finance is available for BSC, Ethereum and recently Polygon as well, making TIME one of the biggest cross-chain projects right now.
Q4. Are you planning to promote your project in countries / regions where English is not good? Do you have a local community for them to better understand your project?
Flo : Definitely, we have a huge scholarship community in Indonesia and are planning to expand globally with 180,000 scholars by next year.
Apply here for a sponsored Axie scholarship: https://discord.gg/T7969TUrPD
Q5. Do you have any Coin Burn / BuyBack systems or any $Token Burn plans to increase the value of Token & attract Investors to invest?
Flo : $TIME supply is capped at 710,112 TIME and almost 80% are already staked 👀🚀
Bà Tân | : Thanks for the useful information from @Flout
Bà Tân | : End of session 3
🍀Jőhn L🍀 : Thank for your time @Flout
Bà Tân | : For questions that have not been answered today, you can send them to @chronotech for answers.
🍀Jőhn L🍀 : Have a sweet day bro
Flo : Thank you everyone! Was great being here with you today, looking forward to visiting Vietnam next year and always remember; $TIME is money.
Bà Tân | : IM Community, if you would like to know more about Chrono.tech ! here are some useful links for you:
Official Website: https://chrono.tech
Bà Tân | : Allright, I declare the Im Community AMA with Chrono.tech has ended.
Thanks to @Flout | Chrono.tech joined us and provided us with Chrono.tech information, we hope that this knowledge makes us understand more about https://chrono.tech (https://chrono.tech/)
To the members, thank you for following this event to the end. winners will be announced soon.