Hello BitShares community
I am making a DAC called TimeBank
TimeBank will have 187.5 million coins.
The distribution will be 80% to Cinni holders(150 million coins)
10% to PTS holders (18.75 million coins)
and 10% to AGS holders (18.75 million coins)
The trading code is: TIME
Users of TimeBank will be able to use units of time as the currency.
This detail will be made in the user interface rather than in the block chain itself. TimeBank will display a users balance as units of time and allow users to send units of time to each other.
In the time calculations in the user interface, each coin is calculated as 1 hour.
So if someone has a million TimeBank, his wallet balance is shown as 114 Years, 56 Days 39 Hours 59 Minutes 59 seconds.
When a user sends time, the user interface will convert the amount of time being sent back into actual coins before sending the transaction to the block chain.
I haven't decided on the trading code yet. I am open to suggestions.
Since I am building this project as a BitSharesX fork, it will have BitSharesX's features too.
I will be also adding encrypted messaging. And later on a betting system that uses feeds.
I would love to hear your input and suggestions to make this project better.