Chrono.tech
Crypto Overview
Overview
Chrono.tech is a blockchain-based platform focused on the recruitment and HR industry. The TIME token serves as the native utility token of the ecosystem.
Purpose and Utility
The primary purpose of TIME token is to facilitate various functions within the Chrono.tech ecosystem, including: governance voting on platform decisions, staking for platform rewards, and payment for services on their LaborX freelance platform.
Business Model Evaluation
The business model centers around legitimate labor market services, including freelance work matching, time-tracking, and payroll solutions. These core activities align with halal principles as they facilitate legitimate work and commerce.
Real-World Adoption
The platform shows active usage through their LaborX freelance marketplace, which connects employers with workers globally. The ecosystem includes TimeWarp (staking platform), LaborX (freelance platform), and PaymentX (payment solution).
Development Activity
The project maintains regular development activity with frequent updates to their platforms and services. The team consistently releases new features and improvements to their ecosystem.
Token Distribution
TIME tokens have a fixed supply of 710,112 tokens. The distribution includes allocations for team members and platform development, with vesting schedules in place to prevent sudden selling pressure.
Crypto Impact
To assign a comfort level investing in Chrono.tech from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Chrono.tech.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.