About the TimeTicket. A bit on its background

TimeTicket, Inc. is currently developing its first dApp to be made available on TimeCoinProtocol, which will be a decentralized version of TimeTicket, TimeTicket, Inc.’s existing premier sharing economy service.

The existing TimeTicket platform is a
popular platform that connects people who wish to buy and sell skills and exchange knowledge. The decentralized TimeTicket dApp expands these services and offers direct peer-to-peer interactions without intermediaries. As a separate business unit TimeTicket Inc, will have a greater degree of flexibility when raising funds.

Since merging with Globalway in November 2016, TimeTicket has grown rapidly. Sales have increased more than thirteenfold and the platform has now reached approximately 160,000 active users and annual transactions in excess of 12,000. This makes TimeTicket one of the fastest growing sharing economy platforms currently operating. TimeTicket is currently only available in Japanese, but as TimeTicket expands to new markets TimeTicket’s conversion rate, repeat user rate, and the average lifetime of active users is comparable to some of the world’s most successful online companies.

During 2018, 6% of users continued to trade three months after their first use of a TimeTicket service. This is on par with the activity of repeat purchasers on successful e-commerce websites such as Amazon, Flipkart, and eBay.