Time.fun, a crypto startup that tokenizes people's time, but how?
Time.fun is a tokenization platform built on Base.
It helps creators tokenize their time. When creators tokenize their time, traders can buy, sell and redeem that time in minutes, which can then be used to direct message or have 1-on-1 calls with the creator. Creators earn fees when their time is traded or redeemed.
There are categories as indicated in the attached, one can go ahead, engage with users and pay them, essentially you are paying to buy time, but it has been re-branded in the form of tokenization to benefit from "Tokenization trend", at least this is how i understand.
Since launching on June of 2024
Time.fun has facilitated about 570 ether (ETH) worth of volume (or about $2 million based on prices at the time of transactions), and creators have earned around 15 ETH (or about $60,000 based on prices at the time of transactions)
Time.fun also keeps a share of the fees earned and has generated about $45,000 to date based on prices at the time of transactions.
Sounds like a marketplace.
Idea is not new, but the idea of tokenizing time is, and i am (nicely) surprised that team has managed to use the tokenization trend and get required funding.
Team looks quite promising
Time.fun's top creators include Nikita Bier, founder of Gas (acquired by Discord) and TBH (acquired by Facebook), Paul Veradittakit and Franklin Bi of Pantera Capital and Larry Cermak and Steven Zheng of The Block, according to its website. Show Less