Time New Bank (TNB) is a token that runs on the M.I.T blockchain. It is a settlement currency used to indicate the current and future price of time commodities. It enables users to position and purchase exact time commodities from the exact time exporter without worrying about currency exchange rates. This token seeks to decentralize online time-exchange platforms.
M.I.T main chain is yet to go live, but promises some promising tools and features to this effect. Here are those features:
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2. The platform will show decentralized time-value measurements
3. Time and skills will be turned to tokens on the platform
4. There will be smart contract as well as digital identity
5. Total transparency in all transactions
6. Ability for multiple application transactions
TNB token is not premined and has good liquidity. Its token sale raised about $14 million or about 40,000 ETH. It ended on the 23rd of November 2017. The token is based on Ethereum and thus is compatible with erc20 tokens wallets and can be traded in a number of exchanges. Some of these exchanges are Huobi, Binance, Bitfinex, Bibox, OKEx and Ethfinex among others.
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