MIN - the cost estimate of your every second with the use of blockchain technology

bonanza-kreep (66)in #cryptocurrency • 7 years ago (edited)

Underestimation of the time factor contributes to additional costs. This fact has long been known, and experienced entrepreneurs keep time tracking in order to increase the efficiency of its use. In the case where the value of the work done cannot be estimated as a unit, buyers are forced to pay a fixed price for services at any scale of work. So, for example, in a hospital, a doctor's appointment costs 1,000 conventional units per hour. In fact, a patient spends 27 minutes in his office. There is a fair question - why should a person pay 1,000 units, if in fact less time is spent on it? The decentralized blockchain-based MIN platform uses its own tokens, allowing people to receive payment for their time, and pay for services in accordance with the time spent on them.

https://inmin.it

Key Features of MIN

Time is not only one of the most valuable goods known to the mankind, but also one of the most universal. MIN platform uses a global approach to make payments fair, allowing project members to set their minute value and interact with other participants. Thus, MIN platform approaches the time as the most valuable commodity, allowing to measure, calculate and sell the spent units.

The advantages of MIN project

The project guarantees a fixed price of tokens, not allowing overpayment from their customers. Possible options for using MIN project are extensive, covering industries such as doctor or interpreter services, passing linguistic courses and learning the basics of programming, configuring a mobile application, conducting a marketing campaign, etc. Thus, many of the previously wasted moments of life will bring income to project users. Within each created task, a counter is started, which allows estimating the amount of time actually spent.

Many people believe that the time spent on social platforms will be wasted. MIN reward system provides social platforms with an active mechanism for rewarding their users during each minute when they remain in active status. The first Thirtymin mobile application based on MIN has been launched, which allows people to communicate in a social network and get paid for it. Thirtymin will provide the first option of using MIN, demonstrating the benefits of billing processes for all categories of users.

The project is based on blockchain technology and allows an unlimited number of users to work on a project with a high level of security. Calculations on the project are carried out using smart contracts, which allows reducing the transaction cost to $0.0000002.

https://inmin.it

MIN cryptocurrency

To perform internal calculations, MIN tokens implemented on the basis of Ethereum are used. A total of 10 billion tokens were issued, of which 60% were allocated for sale. You can purchase 0.1 MIN for one XML. Cryptocurrency can be purchased for VTS, ETH and XML. There is the pre-sale stage that lasts from October 1 to November 4, where you can buy tokens with 10% to 50% discount. The main crowdsale lasts from 5 to 14 November. The purchase amount can vary from 3,000 to 3 million tokens.

Summary

Thus, MIN project allows making money from time. MIN helps to efficiently consume time and save on paying for the services of others by counting the actual amount of time spent on the service. Thirtymin application allows users to determine the per-minute cost of their time, create a transparent pricing policy for their services, with the ability to monitor the progress of the task by a customer.

The project was launched in late 2015 with the simultaneous issue of the mobile application. For three years, the project creators have developed the infrastructure of the platform, and are now ready to move to the blockchain base. In the near future, after the end of the crowdsale, a cryptocurrency wallet will be launched. By the end of 2019, the platform will start working in full functionality with the ability to withdraw money from the server.