Whitepaper

Token Sale

Special token sale is now on!
Huge discounts on TimeCoin.

Background of special token sale

IEO was a great success

TimeCoin (Token Symbol: TMCN) was listed on and the offering conducted by BitForex, one of the top-performing global cryptocurrency exchanges, on Nov 11th, 2020.
The IEO price of TimeCoin was 1 TMCN = $0.7 USD. The initial price formed after the IEO was 1TMCN = $11 USD and continued to rise. The price change on that day ended up +2850% from the initial price. As of Dec18th, 2020, it still remains at the level of 1 TMCN = $11 USD.
Also, TMCN price hits the record high, 1TMCN = $8,500 USD on Feb 18th, 2021. (Click here to check TMCN current market price in BitForex. )

Funding status of the project and TimeCoin so far

Despite the success of IEO, we have not conducted any further private sales of TimeCoin and have only sold small amounts of TimeCoin prior to the IEO to BitForex.
Until now, TimeCoinProtocol project has been financed by equity funding with approximately $4 million USD. As a result, the value of TimeCoin remains high.

We are now raising funds for enhancement development

The fully functional TimeCoinProtocol as well as the project's dApp, eSportStars, was released in October and is expected to grow more rapidly than we had anticipated, necessitating additional development for eSportStars. As an enhancement of the project’s dApps, we also decided to implement DeFi and NFT functionalities, and to defray the associated development and marketing costs, we decided to sell TimeCoin.
Implementing the DeFi feature in eSportStars and TimeTicket, which will be our dApps, will allow fans to support creators (esports players, streamers, VTubers, etc.) so that both creators and fans can receive additional tokens. Game items, art, and anime characters created by creators will be traded using the NFT mechanism.

Token sale details

Out of the total issue of 100,000,000 TMCN, we have sold 10,000,000 TMCN to an entity that is Shenzhen Heleyi Internet Information Consultant Co., Ltd. (深圳市合乐谊网络信息咨询有限公司, hereafter called Shenzhen Heleyi). Shenzhen Heleyi has decided to offer these 10,000,000 TMCN to the public in the two special sales and has instructed us to coordinate their offering.
TimeCoins will be sold by Shenzhen Heleyi at a special discount of over 85% from the price traded on BitForex as of Dec 18th, 2020 (1 TMCN = 0.0006 BTC).

	The total number of TimeCoins	Selling price	Discount rate	Sale period
1st round sale	5,000,000 TMCN	1 TMCN = 0.00004 BTC 1 TMCN = 0.001 ETH 1 TMCN = 2 USDT	93% OFF	Feb 15th, 2021 ~ Apr 30th, 2021
2nd round sale	5,000,000 TMCN	1 TMCN = 0.00009 BTC	85% OFF	May 1st, 2021 ~ May 31st, 2021

Notes on purchasing TimeCoins

TimeCoins will be available for purchase from Shenzhen Heleyi in BTC, USDT or ETH.
For both rounds, purchases will be accepted from 0.015 BTC, 500 USDT or 0.3 ETH.
If no payment is received by Shenzhen Heleyi within 10 days of the purchase application, the application will be automatically cancelled; please be very careful as you may not receive the TMCN you purchased if you deposit after the 11th day.

Lockup period will apply and be split into 4 parts as outlined in the table below. The end date of the 2nd round sale may be shortened or extended by Shenzhen Heleyi.

	1st	2nd	3rd	4th
Lockup period ends	30 daysafter the end of the 2nd round sale	60 daysafter the end of the 2nd round sale	90 daysafter the end of the 2nd round sale	120 daysafter the end of the 2nd round sale
On each unlocking date, purchasers will receive % of their TMCN.	25%	25%	25%	25%

Purchase process

1 Apply to purchase via the form.

2 Receive the confirmation email from the admin.

3 Make your payment. Deposit BTC, USDT or ETH within 10 days of purchase application. All instructions are in the confirmation email.

4 Receive your payment confirmation email from the admin. It takes a business day or two after the payment is made.

5 Receive the TMCN for your purchase at due date as defined in the agreement.

Important note: This offering of TMCN is made on behalf of and on the account of the relevant subsidiary of Shenzhen Heleyi. Any applicant interested in purchasing TMCN will have to enter into a token purchase and delivery agreement with the relevant Shenzhen Heleyi entity. Besides entering into the token purchase and delivery agreement, Shenzhen Heleyi may require you to comply with further requirements in order to be accepted as purchaser of TMCN. In particular, you would be precluded from the purchase of TMCN if you were a resident of the countries: the US, or other countries which are prohibited to purchase cryptocurrency such as TMCN.

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