MIN - The Time Based Cryptocurrency




INTRODUCTION

Since the emergence of blockchain technology in 2008 when Satoshi Nakamoto introduced bitcoin, there have been rigorous efforts to apply the blockchain to several aspects of the global business process, Blockchain technology has been described as having the potential to disrupt many industries with a low-cost transaction, immutability, and enhanced security. In the years that have followed, many other blockchain implementations have been developed with each one exhibiting unique features tailored to specific use-cases.
Blockchain has made it possible to issue just about any asset via a distributed ledger framework. With the aid of cryptocurrency tokens, these assets can be given economic value in order to initiate and validate several transactional processes. Several on-chain protocols have been developed by a number of startups and established companies alike in order to create blockchain-based solutions.
As more technological advancements are uncovered, MIN, a blockchain project which is developing a payment structure which will be based on time for the consultants and the freelancers came on board.

OVERVIEW OF MIN ( The Time Based Cryptocurrency)

MIN is a tokenized means of payment through which professionals, consultants and experts of every kind of variety will be able to charge for their time in a way that is flexible, transparent and also operates on a fair system. MIN could also be used as a system of reward for completing tasks and also for browsing.
This payment structure is based on blockchain which will ensure a flexible, transparent and fair system for both the freelancers and the clients. Freelancers will be rewarded for every minute they spent for the client and on the other hand the client also gets a clear picture of the results they get for which they pay for. MIN tokens will be used in the ecosystem to pay for the services offered on the platform.

THE MISSION

The tokenized ecosystem of MIN will ensure that people get paid and they also get rewarded fairly and transparently for every minute’s worth of work or services that is placed in.



THE PROBLEM

Technology is supposed to be a means to free our time, this will occur by automating tasks and performing them in a way and manner that is more efficient.
Technology has however introduced a stream that is never ending, that creates new ways to waste away time. The window of uninterrupted free time that is usually available to professionals on a daily basis is gradually shrinking.
It has been discovered yearly that, billions of hours are lost to inflexible hourly scheduling which leaves behind lengthy periods of waiting between clients as well as parties.
As the world has become digitized and so do the businesses but still these businesses charge their clients on hourly basis even if the appointment gets over in few minutes. Such businesses include lawyers and other blue and white- collar professionals. This causes problems to the clients as they have to pay the fees for the time which is actually not been utilized.

THE MIN SOLUTION

MIN is solving the problems by developing a decentralized platform which consist of:
The MIN Rewarding Engine
This engine is an online timekeeper which will help applications and social platforms to rewards the users for every minute they spend on their platform.
The MIN Wallet
This is an online crypto wallet which enables the users to pay or receive payment for the services.
MIN as a Charge
A charging meter will be connected to the Min wallet which will be used to charge the clients based on the time until the service is concluded.

ROADMAP AND DEVELOPMENT PLAN






THE FEATURES

The ability to determine minute value.
The availability of an all-around fair play.
The presence of transparent rates.
Users will get rewarded for their contributions, and this will be valued by minutes.
Fluctuations can be fixed easily by users.

How MIN Works

The service providers on the MIN platform will set a fixed price per minute. When a client registers the platforms and gets connected with the MIN wallet he/ she can compare the service rates of other services providers and decide which one suits him/her best. After a client agrees to connect with a service provider, the client starts the charging meter. The meter also enables the user to check the progress and cost of the task at any time. The service provider or the client stops the meter as soon as the service is concluded. After completion of the service fund is transferred immediately to the service provider.

The Benefits

This project's MIN project guarantees a fixed token price, avoiding over payments from its customers. The choices that make it possible to use MIN projects are very broad, covering industries such as doctor services or translators, language courses and basic programming, configuration of mobile applications, marketing campaigns, etc. Thus, many previously discarded life moments will generate revenue for project users. In each task created, the counter starts, which allows you to estimate the amount of time actually spent.

Token and ICO Details

MIN tokens function as universal currencies that can be exchanged in applications and on third-party platforms. This is used to pay for time-based services and reward and provide incentives to users. As users increase their level of participation in the MIN ecosystem, and introduce new users, they will qualify for additional tokens, helping to strengthen the effects of platform networks.
The MIN Token will be launched on the Stellar platform, chosen for a user-friendly, decentralized interface trade exchanges for tokens, security, speed and low costs.
MIN transactions in the chain will be deleted in five seconds, and immediately when transferred off-chain in the MIN mobile application. Transaction fees can be ignored around $ 0.0000002, making the Stellar network ideally suitable for the MIN token utility.

Token Details

Token: MIN
Price: 1 MIN = 0.1 XLM
Bonus: Available
Bounty: Available
MVP / Prototype: Available
Platform: Stellar
Receive: XLM, BTC, ETH
Minimum investment: 300 XLM
Soft Cap: 300,000,000 MIN
Hard Cap: 6,000,000,000 MIN
Country: Ireland
Whitelist / KYC: KYC
Forbidden area: US, China

Token Allocation



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THE AMAZING TEAM



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NOTE: This article is just a guide to prospective clients, investors and every person scorching for a slice of this amazing project,
You can get more information about these project with huge potential by following the link below:
Website: https://inmin.it

PUBLISHER
bayo88




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