Nov 16th 2020
TimeCoin, the cryptocurrency produced by TimeTicket GmbH, a wholly-owned Swiss subsidiary of TimeTicket Inc., was listed on a cryptocurrency exchange BitForex on November 11, 2020.
The IEO of TimeCoin started at 4 p.m. (Japan time) on November 11, 2020 and the available number for sale was sold out in less than 3 seconds. After the trading started at 4 p.m. (Japan time) on November 12, 2020, the opening price reached about 0.00065 BTC and the market capitalization at that time was about 107.9 billion yen.
* Exchange rate used
1 Bitcoin = $ 15,822.41 (conversion rate as of 4 p.m. November 12, 2020)
1 US dollar = 105 yen (conversion rate as of November 12, 2020)
We aim to grow the value of TimeCoin by focusing on medium to long-term value creation and to create value by building foundations to facilitate actual demand for TimeCoin. With those strategies in place, we are planning to continue to raise funds in the secondary market.
With the funds raised through the IEO and in the secondary market, we will continue to work on strengthening the project to enhance the value of TimeCoin.