Key Notes
- The platform moved from Ethereum’s Layer 2 community Base to Solana to enhance redemption processes and allow refunds when bought time is not used.
- Not like comparable platforms targeted on group interactions, Time.enjoyable makes a speciality of one-on-one conversations with tokenized time that may be traded available on the market.
- Future growth plans embody including voice and video name capabilities and probably launching a local token to unify the ecosystem.
The tokenized time sector seems to be taking off in the meanwhile, and it seems that Time.enjoyable could also be on the middle of this trigger. This follows after the platform formally launched on the Solana blockchain, in response to a Monday publication by The Block.
Time.enjoyable’s newest transfer comes after a trial deployment on the Base community final yr, which, by the corporate’s requirements, was largely profitable.
Why Time.enjoyable Selected Solana Over Ethereum
Based on founder Kawz, there isn’t any doubt that Time.enjoyable was nicely acquired when it initially launched on the Ethereum Layer 2 community Base in 2024. He famous that the platform noticed nicely over $2 million of buying and selling quantity throughout its time on Base.
Nevertheless, Solana stays the choice that fits Time.enjoyable’s long-term development plan higher, the founder mentioned. He defined that redemption was a serious problem that got here with the beta model. This meant that redeeming time for calls came about exterior of the platform, making monitoring tough and person expertise altogether much less attention-grabbing.
With the brand new model, nonetheless, the corporate says communication now takes place on the platform. Now, consumers might be refunded if they don’t redeem their time.
What’s Subsequent?
The idea of paying somebody for his or her time is comparatively new. Nevertheless, Time.enjoyable prides itself as a pioneer within the discipline.
Not as a result of it’s the first within the house, however as a result of customers might purchase the time of their favourite celebrities on the platform and redeem the identical to have a non-public chat or name with them.
Its one-on-one dialog model is not like FriendTech, which focuses extra on group chats. Moreover, the time itself is tokenized and might be traded to find out the market worth for interacting with that particular person.
Whereas its tokenized time already comes with attention-grabbing options, Time.enjoyable has plans to do much more with Solana’s scalability.
As an illustration, there are plans to introduce voice and video calls to enhance the person expertise. That isn’t to say that the corporate can also be at the moment mulling over the concept of launching its personal token to unify its ecosystem and encourage extra participation.
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Mayowa is a crypto fanatic/author whose conversational character is sort of evident in his model of writing. He strongly believes within the potential of digital belongings and takes each alternative to reiterate this.
He is a reader, a researcher, an astute speaker, and in addition a budding entrepreneur.
Away from crypto nonetheless, Mayowa’s fancied distractions embody soccer or discussing world politics.
