THELOGICALINDIAN - Hong Kongbased blockchain startup ChronoLogic has become the aboriginal belvedere to advance a Proof of Time badge on Ethereum blockchain The belvedere is active a crowdsale for its DAY badge preceded by a basic badge addition attack basic August 28 2025
[Note: This is a columnist release.]
Chronologic has tokenized time and alloyed it with blockchain technology to actualize the DAY token, which will be acclimated for applied applications. The DAY badge conception accident is the antecedent appearance of ChronoLogic’ s activity to accredit applied accomplishing of Proof-of-Time by added projects and entities.
The aboriginal appearance of ChronoLogic development involves the barrage of its different Ethereum-based ERC-20 DAY token. In the abutting step, ChronoLogic will be architecture its own “Chronos” platform, which will specialize in the conception and barrage of added Proof of Time (PoT) tokens. Once PoT tokens are live, Chronologic will facilitate the alteration of earlier DAY tokens to PoT on the cast new blockchain. The aggregation has additionally appear that it will anon accredit & abutment the barrage of assorted DAY badge powered and PoT based blockchain projects through its platform.
The ChronoLogic aggregation consists of Goldman Sachs alumni and an bearding tech superstar who has been featured in Forbes 30 beneath 30. Together the aggregation aims to advice abode scalability and transaction bottleneck issue, agnate to that of Bitcoin in the aftermost few months. The aggregation additionally intends to analysis the algebraic and time-based limitations of Ethereum.
ChronoLogic has a mission to apparatus its avant-garde blockchain technology aural finance, eCommerce, busline and added sectors acute any abstraction of time and circuitous math. In accession to its Chronos platform, the aggregation will additionally acquiesce users to barrage their own PoT tokens for use in absolute activity businesses.
The ChronoLogic aggregation is developing innovations and has called to gamify them. ‘TimeMints’ are addresses that aftermath added DAY tokens, based on their Chronopower. The cardinal of addresses that about-face into TimeMints is capped at 3,333. ChronoPower has a different circadian absorption amount assigned to anniversary TimeMint. The ChronoPower varies from 0.5% to 1% per day. In befitting with the affair of time, contributors are incentivized in archival order. Likewise, they are adored with a bigger TimeMint absolute acreage and college ChronoPower.
The army auction is set to barrage on August 28, 2017, with funds from the attack to be activated to abutment the development of Chronos platform. The ETH accord abode will be acquaint on the official web site’s contribution page. The crowdsale has a adamantine cap, and the accumulation is bound including the accumulation of TimeMints capped at a best of 3,333 for the absolute ecosystem.
Images address of
