TimeCoin (TMCN) is a cryptocurrency issued by TimeTicket GmbH, a subsidiary of “TimeTicket, Inc.” in Switzerland. The marketplace connects people who wish to buy and sell skills and services with their available time.
The skill-sharing economy market, TimeTicket, operated by TimeTicket Inc., has 400,000 users and its sales have grown 40 times over the past four years. The company has raised 400 million yen through equity financing and plans to go public.
TimeTicket GmbH is running a blockchain project called "TimeCoinProtocol." This project aims to develop and operate a sharing economy platform as well as shared economy services and esports applications that run on the platform.
The parent company of TimeTicket Inc., Globalway Inc., is listed on the Tokyo Stock Exchange and has timely disclosed matters concerning the listing of TimeCoin (TMCN) on cryptocurrency exchanges under the supervision of Japans Financial Services Agency, following guidance from the Tokyo Stock Exchange. The Swiss financial authority FINMA has also confirmed that the TimeCoin project has no legal issues. The project is accepted by both the Tokyo Stock Exchange in Japan and FINMA in Switzerland, which speaks to its high credibility.