INMIN ICO
InMin is a decentralized system which allows professionals to quantify the cost of their time to the minute. Granting for professionals to best utilize their time, while also allowing for a far more consistent rate to be given to potential clients.
The digital age is fast encompassing businesses believed to be completely person-centered. But MIN offers a wealth of support for businesses such as translation services, programming and language tuition.
Currently, the application has received rave reviews from professionals that use its test app, ‘ThirtyMIN’.
Time is the most valuable commodity we have. It is an asset that has traditionally been easy to measure but hard to meter. Until now.
MIN is a tokenized means of payment by which professionals, consultants and experts of all varieties can charge for their time in a flexible, transparent and fair system. By moving to a per-minute payment structure, MIN will remove much of the worst elements of the consulting and freelancing landscape. No longer will clients be overcharged for services. No longer will a few extra minutes of work delivered be tallied up to the nearest hour. Professionals won’t need to justify that extra hour and risk good relations with their client with MIN. Clients will know they’re getting exactly what they pay for, while freelancers will know that every minute of time spent is time rewarded.
What’s more, opportunities for billable time increase hugely with MIN. A spare 20 minutes while waiting for a flight is a business opportunity. A short commute on the train can pay for itself with per-minute billing. So many of the previously wasted moments in life will become monetized moments. In that way what was once lost time will be turned into profit, making free time more enjoyable and richly spent. MIN is the payment system of the 21st century, a payment system in which every minute counts.
The potential for MIN does not end there. MIN can also be used a rewards system for completing tasks and browsing. Social platforms can form partner programs to reward users for time spent completing various tasks. With MIN even ‘wasting time’ can become uniquely rewarding and worthwhile. Social platforms which can incentivize their audience to participate in the fullest way possible will place themselves at an advantage to their competitors. In this way users will be able to feel appreciated and valued and social platforms will know that they are giving tangible value back to their contributors.
Members can charge for their services in MIN. Once a determined rate is set and the paying member has scanned the MIN wallet code of the charging member the meter can be started. The total MIN charge will be transferred directly once the meter is off.
To avoid MIN value fluctuation users of the MIN platform can fix their minute charge against a specific currency. Users who create content for partnered social platforms or browse applications and websites that are partners of the MIN platform can in turn be rewarded with MIN. Thirtymin is the first app where users can test the MIN system.
The greatest issue with the freelance community is that the clients are mostly overcharged because the freelancers do not accurately describe their work hours. Through MIN platform, this issue will be resolved. Professionals will be able to keep accurate track of their times and the clients will not be overcharged.
Min is aiming to create a crowdsourcing platform on which spare time can be monetized with tasks and meetings. This is an expanding industry with many competitors but Min did not discuss the market, nor the competitors, in their whitepaper. The CEO and developers are experienced (though the CEO’s previous experience could not be verified), but there is no CTO. There is already an app released, with release of the final decentralized wallet and charge meter planned for Q2 2019. With a lack of CTO, final product realizability may be affected - there also doesn’t appear to be a specialist in crowdsourcing in this team. The marketing and community manager is experienced; however, marketing efforts have been low, with little response from the crypto community. There were other warning signs seen, including a lack of discussion of regulation/compliance or KYC, and in addition, the hard cap is 20 times the soft cap.
MIN is the platform's native currency. MIN is a stellar based token. MIN will be used as a way of rewarding the professionals and charging the clients.
Tokens issued: 10 billion
Token price: 0.1 MIN/XLM
Token type: Utility
STELLAR BLOCKCHAIN
Soft Cap 300,000,000 MIN
Hard Cap 6,000,000,000 MIN
Total supply 10,000,000,000 MIN Aand 60% of the maximum number of MIN will be offered for sale during
the ICO.
The remaining 40% of MINs will be sold in bulk to our affiliated business partners over a course of 3 to 4
years to encourage and expand the MIN ecosystem and hence the MIN token and its future value.
MIN empowers skilled professionals to supply their services whenever and wherever they choose, all billed
by the minute. With the option to set up mini-consultations withclients, there’s no such thing as unbillable time.
Commuting, foreign travel, and gaps between face-to-face appointments are now opportunities for monetization, giving freelancers the power to pick and choose their availability.
A rating system allows the best advisors to attract new clients, based on positive reviews, and
incentivizes excellent service.
As freelancers build up their client list, imparting advice and adding value,they will be able to generate new
revenue streams qand move away from the inefficient working practices of the past.
The MIN token, operating on the Stellar blockchain, facilitates fast and low-cost payments, with smart
contract handling escrow and releasing funds, calculated by the minute.
The Thirtymin platform demonstrates MIN’s versatility and ease of use, paving the way for integration into a multitude of applications.
FOR MORE INFO PLEASE VISIT :
WEBSITE : https://inmin.it/
WHITEPAPER : https://inmin.it/document/MIN_WP_English.pdf
ANN THREAD : https://bitcointalk.org/index.php?topic=4865749.0
TWITTER : https://twitter.com/mintokens
FACEBOOK : https://www.facebook.com/mintokens
TELEGRAM : https://t.me/MinTokens
MEDIUM : https://medium.com/@info_75853
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