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ChronoBank has put the community as a priority a year after the launch of its ICO. In part, the company's standing is helped by the unique bull market in cryptocurrencies, giving the company more resources for its activities.

After the ICO, a total of 710,113 tokens were created and distributed to buyers on the Ethereum platform. Currently, ChronoBank TIME tokens trade more than 30% above the ICO price in fiat terms (USD), with reasonable stability and activity.

Exchanges and Trading

The good liquidity levels are due to the robust partnerships of ChronoBank with exchanges. TIME now trades on several markets with a different investor profile, thus balancing the risk.

  • Bittrex
  • HitBTC
  • Liqui
  • Livecoin
  • Lykke
  • Mercatox
  • Tidex

The increased activity of crypto asset markets has appreciated TIME in dollar terms, although the phenomenal rise in Bitcoin means the asset is cheaper when measured against the leading coin. It must be taken into account that at the time of the ICO, Bitcoin was still around $1,000.

Trading volumes vary between $400,000 and have risen easily above $1 million in 24 hours, signifying robust interest in the coin.

Community and Social Media

One of the best predictors of a project's appeal are its social media channels. The Slack channel for the project has more than 2,200 members and an increase in active users. Chronobank has around 10,000 Twitter followers, a Facebook group with 21,000 members and 500 subscribers to the Telegram chat.

The community is important, because ChronoBank has decided to rely on organic growth and for now keep the resources, instead of shedding them on expensive marketing. There are more than enough channels right now to connect the community and the development team. So community members can see there is energy and talent behind the project and it is moving at the right pace.

Blockchain projects have a much greater appeal when they are transparent, and ChronoBank has taken care to ensure the work done is visible to TIME token holders.

The Reddit channel for the project is also regularly supplied with updates and explanations about the TIME token and the company's vision.