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MIN, which aims to create an entirely new ecosystem for professionals to charge at a minute level for the tasks performed by them, has announced its token sale, set to start from 1st October. MIN is one of its kind cryptocurrency which enables professionals to charge fairly and accurately for their time ensuring that a consistent rate is applied, preventing clients from being overcharged. MIN considers its target market as diverse industries including Consulting, Law firms, home-based tuitions, SMEs and website owners.
The ultimate objective is to bring efficiency in the way professionals and companies collaborate on various tasks. It could be a win-win for everyone as professionals can build stronger working relationships with their clients and companies can be assured that the payments made to professionals are in line with the efforts made by them. This will also encourage social media websites to evaluate users for their participation and reward them.
The foundations of this project were laid in August 2015, when Thirtymin, which is an application where a professional can come together to create a collaborative environment, was established. This also happens to be the first application of Min tokens as a project. The final version of this application will be released on various app stores will be launched on 8th of November, 2018. This will happen just a week before token crowd-sale ends on 14th November. The MIN charge meter and wallet will be developed parallelly. The token will be listed on the Stellar exchange before the end of 2018.
This is followed by a plan to developed an integrated working solution to be created in the first quarter of 2019 and subsequently listing of MIN on various other exchanges like Bitterex, Poloniex, Binance, Bitstamp, and others.
Onboard business partners will be sold 50% of MIN tokens and brick and mortar companies will be approached to list on the platform and pay wages using MIN tokens. The unique feature of MIN working in an entire ecosystem which enables professionals as well as companies to create a healthy and collaborative environment for effective execution of tasks makes it an attractive proposition. However, changing the way reward and remuneration is handled currently will be a daunting task and would require a very strong communication and marketing strategy.
Also, completing the deadlines as indicated in the roadmap could be crucial to gain traction with ICO contributors across the globe. An engaged community of 3000+ members on telegram indicates that the initial efforts are in the right direction. Regular updated on twitter could be helpful for those interested in brief information about the ICO and updates thereof. Hoping to see some action as the ICO starts on the 1st of next month.