Time New Bank

(TNB) Price

$0.005800 -0.0001999 (-3.33%)

Time New Bank (TNB) price

TNB - USD
  • TNB - USD (United States Dollar)
  • TNB - EUR (Euro)
  • TNB - GBP (British Pound Sterling)
  • TNB - RUB (Russian Ruble)
$0.005800 -0.0001999 (-3.33%)
0.00000000 BTC (+7.94%)
Real Time Data

Market cap

$13,290,205

2,291,414,619 TNB

Volume (24H)

$1,778,656

306,664,877 TNB

Day's range

$0.004907 - $0.006100

0.00000107 BTC - 0.00000133 BTC

Last trade

7,710.10023100 TNB

bitfinex $42.41

Open price (24h)

$0.006000

52 Weeks. Low - High

$0.01000 - $0.09000

Supply

4,515,707,418 TNB

Max supply

2,147,483,647 TNB

Latest Closing Price

Open/Close in UTC time

Date Close Price Open price Volume (24H) Market Cap Day's range
Nov 13, 2018
$0.008800
$0.01021
$1,771,713 346,172 TNB
$21,591,953
$0.008800 $0.01032 $0.008800
Nov 14, 2018
$0.007990
$0.008800
$1,876,497 1,622,869 TNB
$17,771,798
$0.007300 $0.009580 $0.007990
Nov 15, 2018
$0.007335
$0.007990
$1,724,353 1,248,574 TNB
$17,469,360
$0.006351 $0.007990 $0.007335
Nov 16, 2018
$0.007335
$0.007335
$1,013,918 74,181 TNB
$16,846,028
$0.007000 $0.007335 $0.007335
Nov 17, 2018
$0.007318
$0.007335
$1,091,953 536,310 TNB
$17,085,708
$0.007070 $0.007335 $0.007318
Nov 18, 2018
$0.007334
$0.007318
$925,009 46,135 TNB
$17,373,158
$0.007200 $0.007335 $0.007334
Nov 19, 2018
$0.005700
$0.007334
$883,183 938,738 TNB
$13,691,746
$0.005623 $0.007547 $0.005700
More Historical Data

What is Time New Bank?

Time New Bank (TNB) is a Blockchain-based time-value transmission platform developed by the Miao´A International Timechain Company (MIT).

The Time New Bank Platform aims to organize a decentralized, international, secure and transparent network of markets for the time-commodities exchange. The platform is based on the Ethereum Blockchain, and its protocol describes four types of designated parties on the network:

  • Time Exporters are the parties who ultimately execute the commitment to spend a certain amount of their time providing services for the time demanders. Exemplary time exporters can be lawyers, physicians, industry experts, tutors, or celebrities. The platform automatically assigns a score to the time exports and commodities that exporters provide, promoting ecosystem health and bringing value to the platform.
  • Time Demanders are the time commodity buying parties of the network. Demanders are motivated to consume time commodities to fulfill their personal requirements. The commodities consumed by Demanders will be provided by Time Exporters.
  • Time Investors are the community component of the platform that focuses on the asset-related aspects of time commodities. Investors are motivated to obtain profits through investing in time commodities offered in the primary market and monetizing them on the secondary and tertiary market layers.
  • Time Asset Operators are the businesses and institutions with a mutually beneficial relationship with the Time New Bank ecosystem. Time Asset Operators introduce time exports and time commodity trends to the market and make connections with the relevant Time Investors.

How Does Time New Bank Work?

In the Time New Bank protocol, Time Exporter commodities are demanded and recognized through the use of an analytical model that leverages the project´s decentralized value transmission layer. The TNB cryptocurrency will be used to settle transactions and as an estimator of the present and future value of a given commodity.

Every time a transaction is completed, Time Users can materialize the traded commodity or transfer it to secondary markets. Time Investors are able to invest in commodities on third layer markets, fulfilling multiple layers of demand in a single solution.

The TNB Cryptocurrency is an ERC20 token intended to match people's time-value to Time Exporters and Time Demanders or Time Users. According to the Miao´A point of view, the value of time commodities is related to the value radiation effects of Time Exporter actors, which means the Time Exporter ability to monetize on his or her skills. Time New Bank Tokens can be held in any ERC-20 compatible wallet.

Tokens and ICO

The maximum supply of TNB tokens is 6 Billion, with around 1.62 billion already in circulation. TNB can be bought and sold at several online exchanges such as Binance, Bitfinex. Cex.io, Huobi, Okex, CoinBene and BigOne.

The Times New Bank Team held an Initial Coin Offering from November 18th 2017 to November 23rd 2017. The crowdsale managed to raise around $8 Million for the project.

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Type
Token
Block
Mineable
Since
Oct 01, 2016
Website
Algorithm
N/A
Proof Type