Note: The tier and structure changed in ICO due regulatory requirements. Please check the latest status of ICO on www.talking.im
TIM blockchain closed its pre-ICO with 3000 ETH from more than 200 investors.
Pre-ICO opens on 12 March 2018(00:00 UTC)for 4 Hours
Formal close date in 24 March 2018 00:00 UTC.
Whitelisting process is on. Signup for available 30 Million TIMs.
The valuation of TIM is varyingly different than other cryptos. The efficiency in various business models driven by TIM’s high-performance platform would be key reason that TIM tokens derive value. The blockchain TAXI will totally eliminate the heavy IT required by taxi aggregators. For example UBER(example) incurs more than a billion dollar every year in managing the infrastructure and support required to run it’s app based business. TIM is going to eliminate that IT by using app based p2p network. The matching of taxi drivers and ride seekers will happen in a trust based network among their mobile phones. There is no server or cloud required. TIM is using it’s GPS powered blockchain to provide authenticated location of parties and smart contract to enable and enforce fulfilments. Defaulters will lose their stakes. There are many other features in blockchain taxi of TIM.
TIM could have entered payment and transaction business like 99% of other ICOs, but that would require licensing and organic trust growth. One of the many reasons of bad-february of 2018 for crypto market is over-rated ICO and crypto economics, all foraying into payments. There are many bigger policy and framework challenges for payments business. TIM is entering this market from a different route. The strategy is very clear. TIM is going to establish the technology of high performance blockchain, and then foraying into logistics of taxi and ride fulfilment. Once the foothold becomes stronger, then TIM will foray into micro payments furthering it to larger payments.
There are many steps to reach the goal of becoming biggest, largest and fastest blockchain. But the journey of value has already started. Blockchain taxi would be disrupting 700 B$ market of taxi aggregators. The easy template of zero-IT/server is vastly scalable.
Know more about TIM: https://www.talking.im
