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
Price and Term
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 91% 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 = 0.00005 BTC 1 TMCN = 0.001 ETH 1 TMCN = 3 USDT |
91% OFF | May 1st, 2021 ~ May 31st, 2021 |
Bonus Plan for high volume purchasers
We are pleased to introduce the new Bonus Plan to our special token sale.
If you purchase 2500 TMCN or more throughout the both rounds, you are eligible for the Bonus Plan as shown in the table below. Past purchasers are also eligible.
If your total purchased TMCN is short of the amount on the list, you can add up by purchasing again.
| How muchTMCN you purchase | Extra TMCN added |
|---|---|
| 2500 or more ～ under 5000 | 10% |
| 5000 or more ～ under 50000 | 20% |
| 50000 and more | 30% |
Please see more details about this Bonus Plan from here.
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
- 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.
*Watch out for fake TimeCoinProtocol's accounts. See the details here. *If you have questions before you apply, please visit our Token Sale FAQ. *Applied but missed a verification email? You can request resending from here.
