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Recap AMA TimeMiner in Cryptowid Community

AMA series TimeMiner With Cryptowid

On September 12,2020 at 2pm UTC 7pm WIB Indonesia Time in the Cryptowid Telegram Group, AMA Time Miner started with Dev TimeMiner as guest speaker. When campaign,15 lucky AMA participants when best asking questions Twitter and AMA sessions will get a total prize of 100$ The following is a summary of AMA questions and answers announced by the moderator and guest speaker.

Introduct guest speaker (Mr Dev Time Miner ) ” Hi everyone. Thank you for support TimeMiner . I’m Dev Time Miner . Nice to see you. I’m Dev of Time Miner. So the first time, we said team information will not public until main product launch. ”

SEGMENT 1 INTRODUCTION PROJECT

Q.1.  Please tell the community what TimeMiner is in detail?

TimeMiner is a coin that tries to solve DeFi problems and provides a stable solution over the years.  Our job is to create tools to fight deflation and inflation using the solutions people know of our coins.  Most people know how our coins work and they know that there will be no surprises like in the case of minting money.  We only make one coin per hour and pass it on to users right up to the end of the world

Q.2. What was the background for the creation of the TimeMiner project and why did Timeminer choose the DeFi system as the project foundation?

We chose the DeFi market because of the problem of making stable coins resistant to infection and deflation.  We also want to create a loan platform that will make it easier for people from all over the world to access fast loans.  Regarding the story behind their creation, we are investors in many DeFi projects and most of them have had their problems, big ups and downs because of tokenomics, so we decided to make our own product.

Q3. As we know, every serious project always has its own road map.  Can you please explain the Time Miner road map and also what phases are currently in progress?

We try to provide news about the project on an ongoing basis, we do not want to create a roadmap and lie to users, as it often happens in other projects.  We try to be more flexy, our main goal is to create a lending platform, but we need people and funds for their salary.  There are a large number of projects with fixed dates, and then they are postponed several times, or not kept at all.  We do not want our project to rely on promises, as is the case with many, even top coins.

Q4. We are very curious about TIME, Can you tell us about TIME’s total supply, its features and where we can buy it?

This project has an unlimited number of tokens.  One token for the community is sent every hour and redistributed to the holder.  After 100 years of operation, we won’t exceed a million tokens, so I don’t think there’s anything to worry about.  Tokens can be purchased on the uniswap and p2pb2b exchanges, where several new exchanges will appear.

Q5. What are TimeMiner’s strategies and plans for moving forward?

We want to attract as many users as possible, we also want to start partnerships with companies that verify the credibility of other tokens and, perhaps support their work with my dev solidity skills.  We also focus on AMAs, influencers.  In addition, we are considering starting farming, but it is like built-in functionality in our coins without the need to block liquidity pools as is the case with coin farming.  We want this knowledge to be shared and maybe people will see that it is better to collect coins on a regular basis than to block liquidity and if there is a price drop, double the losses on the farm due to falling coin prices or falling liquidity price

SEGMENT 2 FROM TWITTER

Q.1 of @ dmsaly14

DeFi is one of the hottest topics in the blockchain space right now.  Can you share your thoughts on DeFi with us?  Do you think DeFi will disrupt the existing financial system?  What is the TIMEMINARY approach to the DeFi sector?

I think DeFi can stay with us for a long time until it accepts government organizations trying to push their ideas.  Hopefully everyone around the world will start using cryptocurrency.  However, there are some benefits and risks that can bring it.  Total user control by the government, but also a lot of freedom from public coins like bitcoin.  Our job is to create a stable currency before we show people how it works and that there will be no surprises like printing money.  At first, we realized the swing because people didn’t know whether to invest in our project or not, and there were also people who wanted to make money quickly pumping up and lowering prices.

Q.2 of @YorukEmrrah

Can you briefly describe how the top achievements that the Crypto TIMEMINER team wants to execute before the end of this year or will be executed in the future, will help you succeed and what will you look like in 2020 and beyond?

For now, we are mainly focused on marketing, so that people can hear about our ideas, we are looking for various forms of cooperation.  We want to increase our coins.  We gather opinions on where to show what to do

so that more and more people find us.

Q.3 of @ JaLakb4Li

How is the TimeMiner Proof of Time consensus better than other consensus protocols out there and how does it keep TimeMiner competing against the various emerging technologies?

We think that our product is simple and stable at the same time, we are not afraid to compete with other projects, most of them have clear advantages, but when we look closely, you can see some problems.  We don’t believe that agricultural coins dominate the world, we see a problem with artificial liqudity.  Most of these projects are push-ups that can fail when resources run out or the author maximizes profits, as was the case with SUSHI.

Q.4 of @ ajipangestu09

How can you attract big investors in the long term whereas now most of the projects are dying in the near future due to lack of liquidity and the Dev is slow in project renewal

We hope to reassure investors thanks to the stability of our solution.  We hope they will see our project and see its potential.  We try to develop our project as fast as possible, we try to keep up with trends.  We also want to attract people through our credibility and earn their trust.

Q.5 of @ tammazain13

What do you think about Indonesia as a crypto market?  And what do you want to do for your loyal ecosystem community, do you have a program to grow and give your community a chance to return well in the future?

We strive to support all countries as much as possible and hope cryptocurrency will become a fast international way to exchange cash without having to travel to a country to exchange a country’s currency.  We are open to any kind of cooperation.

SEGMEN 3 FREE ASKING

Q. Even though ETH 2.0 is postponed until next year, ETH 2.0 will solve all the problems that exist in ETH and be the best choice for future dApps, so do you think this is a threat to TimeMiner and how can you overcome this barrier?

We are ready to migrate to any protocol, but the best known is ETH and more and more people are using it for DEFI.  We’re also looking forward to ETH 2.0 due to higher protocol layers and cheaper transfers.  Therefore, we block our liqudit every 90 – 180 days in order to be ready to switch to another protocol.

Q. For economists, time is very valuable, however, with banks with negative interest rates, that concept is being changed.  Is it possible with TimeMiner the concept of valuable time to be recovered?

Banks have a problem printing excess money, which makes its value go up or down.  In TimeMiner, the system of adding money is familiar, which also can’t surprise users.

Q. We plan to join several centralized mid-market exchanges this year, we are still open to propositions.  Early next year we want to focus on the most popular exchanges out there.
   “Why don’t you want to create your own stock exchange or market?

For me, difficult times await us and the situation will only stabilize in January 2021. Until then, I would like to add some liquidity to the dollar to ensure the stability of our coins.

Q. We all know that September is a difficult month for the crypto world due to the volatile market situation,
Why did you choose to hold the $ TIME token pre-sale this month?
Do you see opportunities with current volatility in the market?

For me, hard times await us and the situation will only stabilize in January 2021. Until then, I would like to add some liquidity to the dollar to ensure the stability of our coins.

Q.What is your motivation to succeed in the timeminer project?

Our dream is to create coins that are recognized worldwide and create a loan platform for people from all over the world.  We want to make it easier for African people to access banking in an easy and fast way.

AMA FINISHED

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