Timechain (TCS)

IDO

Last updated: May 16, 2023

Timechain is a multi-chain Decentralized Exchange (DEX) aggregator. It is built as an Automated Market Maker (AMM) on Fantom (FTM) network and expanding to Binance Smart Chain and the Ethereum Network next. FTM and BSC are chosen as priority for their low fees and fast transaction speed to extract the best price through the available (DEX) liquidity pools.

Timechain and its leaders are under investigation (in French though): https://www.lapresse.ca/affaires/2022-06-03/timechain-et-ses-dirigeants-font-l-objet-d-une-enquete

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Overview

Project industry	Exchanges & Wallets
Product type	DeFi
Founded	Canada
Whitepaper	Open

What is Timechain

TimechainSwap wants to be the most competitive DEX aggregator platform for multiple DeFi networks. Providing users with a more seamless and cost-effective tool for their blockchain activities will be a critical milestone in the evolving ecosystem of decentralised exchanges.

Details

IDO (Launchpool): Sep 20, 2021 - Sep 28, 2021
Token supply: 20,000,000 TCS
Hard cap: 1,500,000 USD

Legal

Blockchain Platform: Fantom
Registration year: 2017

Office address: 3201-1288 St-Antoine Street West Montréal QC H3C 0X6 Canada

Token info

Ticker: TCS
Type: Utility-token
Token standard: ERC20
Token price in USD: 1 TCS = 0.45 USD
Token distribution:
Team - 15%
Community Incentives - 20%
Economic Development Fund - 14%
Liquidity (FTM, BSC, ETH) - 18%
Seed - 7%
Private/ Strategic - 10%
IDO - 1%
Advisors & Marketing - 15%