In small country, in North Europe, team from Latvia have been working on new way how to replace current job system and way how people meet. If you don’t know Latvia, you probably heard about NBA Knicks player Kristaps Porzingis, but did you know, that Latvia has very strong IT community? Latvia is in top 5 of fastest internet speed in the world.
CEO Oskars Dombrava with 10+ year experience in internet marketing and telecommunications have put together team in Latvia, with Latvian experts in their respective fields, like IT, telecommunications, digital design, government policies, to launch Time Money. Time Money team already have received endorsement from Member of Latvia Parlament, Investment and Development Agency of Latvia and venture capital companies around the world.
Time Money will be first on-demand economy decentralized blockchain platform, which will be secure and encrypted.
Bit history, project have been in development for two years and after consulting with different venture capitalists, advisers and focus groups, we have put together best possible solution, which will scale worldwide for replacing current system of jobs, paid meetings and even freelancing.
Time Money will be platform where people can provide different services, coaching, consultation or any other help, which is time or task based. With our unique per minute calculated system, users will always have transparency on how much time they spend. We will ensure that these meetings between users are mutually beneficiary, great quality and rewarded. All transactions between users will be written in Smart contract-based payment gateway with transactions recorded in Blockchain, which currently is most secure system and open to the world.
Currently there is no other application in the market, which allows you to provide any skill set on demand and get paid for your time. Time Money will be next generation on-demand economy version with their own cryptocurrency- TMONEY as transaction tool.
Well known on-demand applications are niche orientated, example Uber is for rides, Airbnb is for rentals, however there is no united and decentralized solution. We see that on-demand job market is growing and real value is time. People trying to get out of “rat race” and offer their each unique skills to the other people, we will provide possibility for them offer all kind of skills and we will ensure that meetings between users are mutually beneficiary, great quality and rewarded.
Time Money platform will have it’s internal currency- TMONEY token. TMONEY is based on Ethereum protocol and it will be used for all transactions in Time Money platform. TMONEY token is controlled by the Time Money users, which is independent and ruled by the community, so we don’t involve banks or other institutions, who can take up big fees. By using cryptocurrency, it will give people relevant flexibility to use tokens as they want. Since TMONEY is attached to Ethereum, then it will be very easy to convert to any well recognized fiat currency, if user is not interested in holding crypto currency.
Time Money launch is planned for January 2019 in Florida, USA and later in the year in whole US, then scale it up worldwide in following years.
Time Money ultimate goal is to replace old job system and increase productivity and people work worldwide.
Currently we are doing pre-ICO on 15th July- 31st August 2019 and then ICO in 1st September to 30th November. You can find more about project itself You can see on our website: http://tmoney.io
More technical information is provided in our whitepaper: http://tmoney.io/tmoneywhitepaper.pdf