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ChronoLogic (DAY)

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Overview

ChronoLogic is the vision of time merging with the blockchain. It’s an introduction of the concept of Proof-of-Time for blockchain technologies & practical applications. The first phase of the ChronoLogic project is the DAY token afterwhich the concept will be expanded to allow practical implementation of Proof-of-Time by other projects & entities.

Features

- Enabling several industries to include time-based logic on the blockchain - Reward system based on time - Token minting though the passage of time, only for ETH addresses that participate in the ICO - First Crypto Token pegged to time - Ability to transfer minting power to other addresses, trustlessly

Technical Details

ERC-20 Token based on Ethereum

Crowdsale

ICO
ICO start date 25 Aug 2017
ICO end date 25 Sep 2017
Raised 7,400,000 USD
Legal
ICO Platform No
Token details
Ticker DAY
Additional Token Emission No
Accepted Currencies

BTC

Token distribution

ICO funds are used as follows: 42.5% Development & Operations 32.5% Proof-of-Time Blockchain Projects 17.5% Marketing 7.5% Legal & Advisors Team Bonus: TimeMints will be filled as per committed % of DAY token after the Block 2 TimeMints have been fully assigned. Team TimeMints will be given lower ChronoPower than Block 2 TimeMints because of their TimeMint numbers -- in essence they will be receiving the least ChronoPower. Allotted TimeMints: 18 ChronoPower: Based on contribution order between 3217 - 3245 DAY Tokens per Address: 0.5% of the distributed tokens 3 testing TimeMints with 88 DAY each & no vesting period; TimeMint3243, TimeMint3244 & TimeMint3245 Rest of TimeMints have 6 month cliff followed by quarterly vesting for 18 months. For terminology and additional information please read the whitepaper here https://chronologic.network/paper

Ratings

Type of scores
Score
Status
Hype score Low Active
Risk score Medium Active

Team members

Name
Position
ICO
Social
Member of 2 ICOs
Member of this ICO only
Member of this ICO only

Funding Rounds

Rating Review and Analytics

Investment rating Info NA
Hype score Info Low
Risk score Info Medium

ICO Contacts

Website

Trading

(DAY)
$0.1
20.9% 24H
ETH
return 11.88x
Start ICO 25 Aug 2017
End ICO 25 Sep 2017
Token DAY
Price 1 DAY = 0.1 USD
MVP No
Whitepaper View

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