Review on ChronoCoin by Robiul Islam
A time economic zone that values time.
Although the concept is strong but I can't say for sure if they are still in the market. The token is still being traded at a small volume on two exchanges, so it can be said that there are still some users.
Currently the popularity of shared economies has increased, but they all trade at individual levels. Their goal is to adopt the sharing economy system and apply it to existing businesses and that is appealing. Their service, which adds value to users in the form of points for their active time, is often awarded for spending time in stores.
Stability of the economy means that the value of the currency alternative remains stable anywhere and anytime without major fluctuations. Conventional token economies have always been influenced by factors such as the volume to operate. On the other hand, this project to keep both market tokens and prizes in the Time Economic Zone will be structurally stable.
Pros
- Users are awarded points from participating companies based on how long they stay in those companies' stores.
- Users can use points and use various highly convenient services such as discount coupons and free coupons.
- Participating companies will be able to use the data to bring in customers in less time through 2x point promotion.
- The business will not be limited to regular users, but it can be established in many different ways.
Cons
- My main concern is that they have no activities on social media. Most of the projects give their updates through social media, but ChronoCoin does not have any social media account.
- There is no progress on the project, the roadmap is too old, there is not much information on the website.
