We were delighted to welcome our guest from Timecoin Protocol. The AMA took place on October 3rd, 2021 and our guest was @tcpsupport.
The total reward pool was 500$ and was divided into three parts. In this AMA Recap we will try to summarize some of the most interesting points for you.
Part 1 — introduction and questions from the Telegram&Bitcointalk community
Gold Rocket | Satoshi Club: Greetings dear Satoshi Club!❤️ Today our old friends Timecoin⏰ protocol is our guest. @tcpsupport remind us of this beautiful project and informs us about the news
Jonah 🏅🎹: Hello @tcpsupport welcome to Satoshi club 😊
Gold Rocket | Satoshi Club: Hello and welcome to Satoshi Club @tcpsupport ⏰
TimeCoinProtocol Support: Hello Satoshi Club👋
TimeCoinProtocol Support: Nice to meet you 🙌
Gold Rocket | Satoshi Club: Nice to e-meet you 😊
Jonah 🏅🎹: We are Excited to meet you as well 😊
Gold Rocket | Satoshi Club: How are you doing😊
TimeCoinProtocol Support: OK, thanks. I hope you, too, everything is good 🤗
TimeCoinProtocol Support: We can start AMA 🥳
Gold Rocket | Satoshi Club: Yes! We are really glad to see you ❤️
Gold Rocket | Satoshi Club: Let’s start!
Gold Rocket | Satoshi Club: Introduce yourself please.
TimeCoinProtocol Support: I am a representative of TimeCoinProtocol
Gold Rocket | Satoshi Club: Please tell us how you got into the crypto space and the TimeСoinProtocol
TimeCoinProtocol Support: It’s a long story 😀 I’d better tell you about the TimeCoin Protocol project and its development history
Gold Rocket | Satoshi Club: As you wish! You are our guest, and the desire of a guest is our law!
TimeCoinProtocol Support: Thanks 🙌 I think we’ll start with the questions?
Gold Rocket | Satoshi Club: Let’s proceed to the questions @Jonahapagu
Jonah 🏅🎹: Ok
Q1 From Telegram User @Cheriemike
On the 6th of February when you had your AMA here,you said you will build Time ticket dApp for International market but you only have it in the Japanese version which already have about 400,000 users as at when you made the announcement.Its being 8 months since you said that,so far how many users are currently on TimeTicket? Currently the revenue in the TimeTicket have grown to what %?When will the TimeTicket be available in English cause I noticed its still available in the Japanese version?You also plan to use off chain technology to avoid Ethereum gas fee,so which of the technology have you decided to use?It is stated on your website that 500,000 TimeTicket users will become users of TimeCoinProtocol once ported over,when will this be done and what have you achieve so far during this timeframe?
TimeCoinProtocol Support: The number of users of our application has already reached 500,000 people. We are working to translate it into English and other languages in the near future. We are connected to the future of the sharing economy.
TimeCoinProtocol Support: We publish more information about the development of the project in our news channel, you can join so as not to miss important updates @TimeCoinProtocolNews
Jonah 🏅🎹: 500,000 👏
Gold Rocket | Satoshi Club: Let’s join, Satoshi Clubbers 😊
TimeCoinProtocol Support Yes, this is an incredible result that our team and their hard work are behind 🤗
TimeCoinProtocol Support: Thanks 🙂
Gold Rocket | Satoshi Club: Thanks for your answers! Please tell us a little about the team! who are these amazing people?
TimeCoinProtocol Support: We have a large team and they are all professionals with experience. You can see our team and our advisors on our website in the “Team” section – https://www.timecoinprotocol.com/team/
TimeCoinProtocol Support: Also in this section of the site you can find their Linkedin accounts. Here you can see the Linkedin profile of CEO Masato Kakamu – https://www.linkedin.com/in/mkakamu
Gold Rocket | Satoshi Club: Thanks for sharing! I remember our last meeting with Masato Kakamu! He is incredible😍🔥
Jonah 🏅🎹: Just sent Him a connection request 😉
TimeCoinProtocol Support: Thanks friends 🤗
Gold Rocket | Satoshi Club: Thanks for your answers! Ready to proceed to the next question?
TimeCoinProtocol Support: Sure. Lets starts
Q2 from Telegram User @Highpee
I heard of your products known as NeoRad which is a VTuber management service. How does NeoRad work and how does it chooses VTubers that it manages and support? What types of support does it grant to these creators and how do you manage selected creators as well as guide them to become established professionals in their VTubing Career? How is NeoRad expected to offer better streaming services than twitch or YouTube and what role will it play in the pursuit of a gig and sharing economy?
TimeCoinProtocol Support: We continue expanding the list of our project’s features as well as opening up new opportunities for our users! NeoRad is an Innovative and cool VTuber production business run by TimeTicket Inc.
TimeCoinProtocol Support: NeoRad is taking entertainment to the next level by exploring the world of Digital Art. We are working to support creators who want to fulfil their dreams in their chosen fields such as games, songs, music, anime and comics and to provide them with a supportive environment where they can develop their skills to their full potential. Follow the link to learn more https://www.neorad.jp/en
TimeCoinProtocol Support: In the process of developing this product, we will talk about this in more detail about its work, features and much more in the future.
Gold Rocket | Satoshi Club: This is a very timely and modern service.
Jonah 🏅🎹: Great we will be on the lookout for them as you develop…
Jonah 🏅🎹: But was Neorad inspired by any of the top VTube platforms?
Gold Rocket | Satoshi Club: Irodori Mushiki is my favorite 🤩
TimeCoinProtocol Support: By the way, the English version of the site is available
TimeCoinProtocol Support: In fact, there were many ideas for its creation, but we combined all the best in it 🙌
Gold Rocket | Satoshi Club: Thanks for informing
Gold Rocket | Satoshi Club: Thanks for your answers😊
Gold Rocket | Satoshi Club: Ready to proceed to the next question?
TimeCoinProtocol Support: Sure. Please
Q3 From Telegram User @Lestmarisv13
Timecoin plans to offer an innovative DeFi system called Creator Sponsor Staking (CSS) along with An NFT market. Fans can increase their TimeCoin holding by 12% after 6 months of participation and 24% after 12 months of participation. What is the innovative DeFi system called Creator Sponsor Staking (CSS)? How does it work? What benefits does it offer? Is this system already active?
TimeCoinProtocol Support: We are aggressively developing NFT marketplace and Creator Sponsoring Staking(CSS) where a creator and a fan can receive up to additional 24% TimeCoin by staking.
TimeCoinProtocol Support: We expect to release it before the token sale is over, so people stake our token rather than selling them in the market and new investors purchase the token from crypto exchanges and stake TimeCoin.
TimeCoinProtocol Support: We focus on game, anime, esports, idol, movie, TV, Youtuber, & VTuber stars contents. Please note that we will release our DeFi functionalities and NFT Marketplace before the token sale ends.
TimeCoinProtocol Support: Game item creators can sell their game items which can be used in esports games in our marketplace.
TimeCoinProtocol Support: We adapt NFT to protect copyright and maintain the value of the asset. I advise you to read an article about it. “Big plans for DeFi and NFTs as esports DApp goes global”
TimeCoinProtocol Support: Please read this article https://cointelegraph.com/news/big-plans-for-defi-and-nfts-as-esports-dapp-goes-global
Gold Rocket | Satoshi Club: Great article 👌 thanks we will definitely check it out
TimeCoinProtocol Support: Thanks 🤗
Gold Rocket | Satoshi Club: Ready for the next question?
TimeCoinProtocol Support: Yes 👌
Q4 from Telegram User @Emnking
From the blog review with Foklog, I discovered that In October 2021, TimeCoinProtocol will launch GameTomodachi , a player matching service with support for 1000 games and 30 languages, including Russian.
GameTomodachi profiles will include in-game achievement data and feedback from other users. GameTomodachi will help users search for teammates at home and abroad. At the time of launch, the service will operate in Russia, Indonesia, India and the Philippines. Why is your project so much concerned about it’s operation mostly in Russia? Is there any connection with the project to Russia? Why have you restricted the operation of GameTomodachi to only these countries?
TimeCoinProtocol Support: We are planning to distribute our applications to the whole world.
TimeCoinProtocol Support: Now we have chosen those countries in which we see the greatest potential.
TimeCoinProtocol Support: We also advertise our product in Asian countries, Indonesia, Philippines and others.
TimeCoinProtocol Support: In Russia, we also see many people who are interested in the topic of our project, so we also focused on distributing our application in this country.
TimeCoinProtocol Support: GameTomodachi allows players to find new friends to play with/against in various games.
TimeCoinProtocol Support: In addition to the game buddy search feature, users get to enjoy playing games with influencers such as YouTubers, VTubers, eSports professional players, and even cute girls.
Gold Rocket | Satoshi Club: Btw do you have an ambassador program for different regions?
TimeCoinProtocol Support: When playing games online, striking a conversation about each other and other common interest topics comes naturally. An influencer can sell a ticket to play a game with a fan, share pictures/video, as well as sell NFT goods.
TimeCoinProtocol Support: Therefore, we are confident in the success of our project in Russia as well.
Gold Rocket | Satoshi Club: yes, this direction is very popular in our region🔥
Gold Rocket | Satoshi Club: Thanks for your answers!
Gold Rocket | Satoshi Club: Ready to proceed to the next question?
TimeCoinProtocol Support: Not now, but I think we will. We now have a loyalty program that will also expand the number of our users. Based on our mission “Each Individual’s possibility can be the value for someone else”, we will give rewards to the community members, who contribute to us. https://www.timecoinprotocol.com/poc
TimeCoinProtocol Support: Yes. Please
Q5 from Telegram User @Pavel_Jarosh
In November 2020 TimeCoin sold small amounts of its coin prior to the IEO to BitForex and despite the success of IEO, we have not conducted any further private sales of TimeCoin. Now, TimeCoin plans to raise funds for enhancement development by selling additional 10M tokens through your partner Shenzhen Heleyi. However, the minimum amount to buy is 2,5K tokens. Please advice if there<s any possibility to buy less amount or the only way would be BitForex? Why current sale is destined to large investors? Thank you
TimeCoinProtocol Support: In fact, even a small investor can take part in a token sale on our website.
TimeCoinProtocol Support: For both rounds, purchases will be accepted from 0.015 BTC, 500 USDT or 0.3 ETH.
TimeCoinProtocol Support: You can read more about token sale here https://www.timecoinprotocol.com/sale
TimeCoinProtocol Support: We have set this limit so that everyone can participate and become part of our fast growing community 🙌
Jonah 🏅🎹: It’s great having it this way 👍
TimeCoinProtocol Support: Thanks Jonah 🙂
Jonah 🏅🎹: By the way can you share your Tokenomics with us?
TimeCoinProtocol Support: TimeCoinProtocol White Paper – https://timecoinprotocol.com/doc/whitepaper.pdf
Jonah 🏅🎹: Thank you for sharing.. 😊
Gold Rocket | Satoshi Club: thank you very much for taking care of your community❤️
Gold Rocket | Satoshi Club: Ready to proceed to the last question of this part?
TimeCoinProtocol Support: Thanks. This is important for us
TimeCoinProtocol Support: Sure. Please
Q6 from Telegram User @Asela1112
As I noticed, TimeCoin Protocal has been merged not only in top crypto articles such as BTC GURU, COINCODEX, COINCHECKUP, DIARIOBITCOIN etc.. but also in You tube videos. It seems to be that TimeCoin protocal are in a huge marketing stage currently. Does this Marketing bring more results as you wished? What are the other marketing events rather than publishing articles & creating YouTube videos, that has been already implemented behind the scene of TimeCoin Protocal? How will you spread the word about TimeCoin Protocal with your strategic marketing methods?
TimeCoinProtocol Support: Yes it’s true. We have a good marketing strategy that allows us to tell about our project to a large number of people around the world, in different countries.
TimeCoinProtocol Support: This can be seen in the growth of our community and the number of users of our products.
TimeCoinProtocol Support: We have many plans in this direction, but I think we will not talk about all of them until they are implemented 😎
TimeCoinProtocol Support: I am glad that you have noticed an increase in the popularity of our project and mentions in the media
TimeCoinProtocol Support: There are many interesting things ahead 🙌
Jonah 🏅🎹: Remember to share them with us when they are ready
Gold Rocket | Satoshi Club: Thanks for your answers and this awesome 1st part of AMA
TimeCoinProtocol Support: Of course, we will also share our results 🤗
TimeCoinProtocol Support: Thanks for your questions 🙂
Jonah 🏅🎹: So we will proceed to the second part of our AMA (the most exciting one).
The Live questions Part, where our community members will ask you their questions directly
Part 2 — live questions from the Telegram community
Q1 from Telegram User @Amila19932
TMCN token sale is now live with 93% discount. How can we participate for the sale? How can be a whitelist for this?
TimeCoinProtocol Support:
Hello. You can take part in our token sale. You can apply for the purchase from this page: https://www.timecoinprotocol.com/sale. Instructions will be provided after you apply. Details about Lockup Period here: https://t.me/TimeCoinProtocolNews/186 and please visit our Token Sale FAQ (https://www.timecoinprotocol.com/faq)
Q2 from Telegram User @Edward_Di
How do you solve security problems? And what are you doing to avoid such problems in the future?
TimeCoinProtocol Support:
Hello. Security is provided primarily by the Ethereum blockchain. Also, our smart contracts are made by professionals and will definitely be audited. Also, if there is a need for this, we will turn to companies that are engaged in cyber security. But at the moment, the security of our contracts and the project as a whole is at a high level, as it is important for us
Q3 from Telegram User @KeymerS
Could you really tell us in more detail about “The collaborative economy”, what really characterizes it that keeps it booming today? And also why is TimeCoin required to be a fair economy?
TimeCoinProtocol Support:
Hello. Today we would like to remind you about the features of TimeCoinProtocol. It is a decentralized sharing economy protocol using the Ethereum blockchain. It is different from every other project in the sharing economy space, and here’s how:
📚Open source and community managed
📚No data reselling
📚No deplatforming
📚No exploitation of mo nopoly position
We engender a more interconnected world in which people are free to work how and when they like; where value accrues to the worker rather than to third parties; and where creatives can cheaply and easily develop sharing economy services and deploy them without being stifled by established industry giants.
TimeCoinProtocol enables service providers to target users who match their criteria; empower users to own and profit from their reputation and creditworthiness and inspire community-derived products and services that can compete with those of big corporations. To learn more, please visit our website: https://www.timecoinprotocol.com
Q4 from Telegram User @dimadima30
How do you plan to maintain the loyalty of your community? Will there be any incentives, rewards, referral programs, etc.?
TimeCoinProtocol Support:
Hello. Sure. The main reason is to build a more loyal community for the project. The success of an open source platform cannot be achieved without the cooperation of the community. And we are sure, that rather than asking people to voluntarily help, sharing the incentives accordingly is the best way to achieve the worldview that TimeCoinProtocol is aiming for. You can learn more at the following link: https://www.timecoinprotocol.com/poc
Q5 from Telegram User @Titanium432
Will you please talk about the Target Audience , Is you are planning to provide services in some Countries Or you are targeting global users ?
TimeCoinProtocol Support:
Hello. Yes, we are targeting users from all over the world, so we added translation of our site into different languages and this is just the beginning. Here we made an announcement about it. https://t.me/TimeCoinProtocol/48228
Q6 from Telegram User @ib_aydan
Hey. Is your team planning to list the TMCN token on Binance or another major exchange? If so, when and on which exchange?
TimeCoinProtocol Support:
Hello. TimeCoin is listed on BitForex, BitMart and on BiKi Exchange. The tokens will also be made available for trading on other crypto exchanges in the future. We will keep you informed in our channel @TimeCoinProtocolNews. Let me remind you that we are planning an IDO on Binance DEX
Q7 from Telegram User @captainprice111
A detail that caught my attention on the TimeCoin platform is the Creator Sponsor Stake (CSS), can you tell us what CSS means? How can CSS benefit users and what innovations it will bring to the TimeCoin project?
TimeCoinProtocol Support:
Hello. We can offer an innovative DeFi system which is called Creator Sponsor Staking (CSS) along with our NFT marketplace. Fans can increase their TimeCoin holding by 12% after 6 months of staking and 24% after 12 months of staking. The increased portion will be split 50/50 between the fans and the creators. In return for sponsoring, creators will provide memberships with exclusive services, NFT digital items, services and discount coupons. In addition, there will be other ways to incentivize token holders
Q8 from Telegram User @Eren_Oksuz
If I understand correctly, you want to create a decentralized analogue of YouTube? Why is centralization in this area bad for content creators, for example?
TimeCoinProtocol Support:
Yes, right. Centralized Video Streaming services like YouTube take huge cuts from users. A streamer is not getting enough return and a fan who tips, called “superchat”, on YouTube can’t get a lot back. We are trying to disrupt these centralized systems so a creator and a fan can get the most benefit.
Q9 from Telegram User @viviandori
Now the NFT theme is very popular and everyone wants to make a quick profit. I would like to know how far you have come in this and what plans do you have?
TimeCoinProtocol Support:
Hello. We will release our DeFi functionalities and NFT Marketplace before the token sale ends. Game item creators can sell their game items which can be used in esports games in our marketplace. We adapt NFT to protect copyright and maintain the value of the asset.
Q10 from Telegram User @Karry1999
Is there is voting system where TimeCoin token holders will be represented on important
proposals , If yes Can you tell us on what Proposals the token holders are entitled to Vote ?
TimeCoinProtocol Support:
Hello. Yes, TCP features a voting system where TimeCoin token holders will be represented on important proposals. The fundamental purpose of TCP is to empower the community and so it is important to the team that the voice of the community is heard and can guide decision making. Bills that are proposed by members of the TCP committee will be voted upon by all TimeCoin token holders.
The board of directors will consider the results of voting and decide on how to proceed in light of the opinions expressed through this vote. Decisions on important resolutions concerning tokens will ultimately be made by TimeTicket GmbH’s board of directors. Nothing in these special voting rights for TimeCoin token holders should be interpreted as shareholding voting rights, as these votes will have only an orientation functionality.
The actual company decisions shall be adopted by TimeTicket GmbH’s shareholders and/or board of directors, according to their by-laws, incorporation articles and any other applicable statue. You can read more about this in section 4.3, on page 30 in our White Paper https://timecoinprotocol.com/doc/whitepaper.pdf
Part 3 – Quiz Results
In the final part we tested your knowledge in terms of Timecoin Protocol . They’ve prepared 4 questions for this part. The total reward pool for quiz was 300$.
For more information and
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