As the world has economically grown dramatically, now time is calculated both with distance and the energy people burn while rendering their services for themselves, for their families, for doing every job no matter what. Every payment, salary, single penny people earn or spend is the time. In other words, that workman is selling his time to the factory owner. Subsequently, the factory owner sells out that time with some profit (again in time) to the buyers of his factory product, and the buyers pay for the product from the time they have sold to some other person.
Since time does not possess a physical form, worlds have invented currencies and coins of different denominations, which otherwise are the physical form of time. The smallest coin denomination, e.g., 1 US cent, is, in fact, the worth or the price of the smallest denomination (unit) of time, i.e., 1 second. Taking the same concept into consideration, TimeCent has developed the unique concept of monetizing time by releasing its basic unit “SECONDS” as SECONDS(SCND) token on Binance Blockchain. The idea of launching the TimeCent is an inspiration of Hollywood’s 2011 Sci-Fi flick “IN TIME.”
TimeCent’s clock is indigenous to real-time. TimeCent clock tells only the cashable time, which is transferable to others and vice versa. TimeCent or SECONDS (SCND) owners can trade, invest, exchange, or pay for products & Services online. The concept is to launch a clock having on its Dial 500 years or 6000 months or 180000 days or 4320000 hours or 259200000 minutes or 15552000,000 seconds. Time owners can transfer, exchange, or acquire time cent from their Dial, a specially encrypted and secured watch available on their smartphone or personal computer.
The funds generated through time monetization will be recirculated in different projects by the TIMECENT. The feature will make their client’s time even more worthy and valuable. The financial yields of investment of their time will be rewarded back to the clients in the shape of time (SECONDSToken). TIMECENT will make sure the Dial will always be ticking clockwise.50% to 60%of profits from these investments will be distributed with SECOND’s holders, 5% of which will be used for buyback of SECONDS from the market. Every quarter rewards & Time frame structure will be shared with SECONDS(SCND) Holders.
In the future, they are planning to develop a secure trading project, yielding the best for token holders. The key benefits will be as follows:
- SCND Holder Rewards
- 60% of all gain/profit from Mining & Trading will be distributed to SCND holders. Holder of SECONDS will be rewarded promptly for more SECONDS. Rewards will be airdropped to holders of SCND; a snapshot of addresses of SCND will be taken at the end of every quarter.
The platform has been developed by an expert team of crypto enthusiasts with the ambition of creating defensible and guaranteed value for their users. They develop projects in crypto that maintain a positive rate of return over the period.