Web3 platform Grand Time paid $2 million in token earnings to date

abdelaziz Fathi

Community-driven Web3 platform Grand Time said its offering – which includes a multifaceted platforms and its native token – has been gaining significant traction highlighted by impressive operational metrics.

Grand Time is an ecosystem of solutions designed to make a faster and smoother transition to a decentralized economy. The gig economy platform makes use of the decentralized features of blockchain and cryptocurrency to enable freelancers and part-time workers to become financially independent through its two-sided GIG marketplace.

Grand Time’s unique concept of a decentralized decimal time measurement system allows users to make a more reasonable pay without suffering a huge cut as a result of using intermediary services. In particular, and unlike most Web 2.0 platforms, Grand Time is giving all earnings back to the community and, in the future, will take a small fee.

With Grand Time, everyone can simply turn his/her time into money by performing simple tasks that don’t require any skill. All transactions in the Grand ecosystem are transparent and secure, which can be verified through the Polygon network and audited smart contracts. Users perform simple social media tasks by promoting the project, and perform Gig tasks ordered by businesses  – each task they complete will be exchanged for GRAND rewards.

Grand Time acquired more than 26,000 users

On top of that, the funds generated through its crypto GIG tasks marketplace are directly deposited into the “Grand Exchange Program” reward pool. The community can access it when needed, as all funds are located there, and when users decide to exchange Grand rewards into other crypto, tokens are exchanged from this pool. A dedicated wallet is used to receive Grand tokens from the Grand Social Mining Reward System, and to safely deposit, store and withdraw Grand tokens.

Grand Time CMO Maxym Sereda notes, “We developed Grand Time to address the rising financial challenges the global economy currently faces. Through our community-driven platform, we help people across the world earn a stable income from the comfort of their homes. We are on a mission to empower everyone, and so far, we are on the right track. I would like to take this opportunity to thank our wonderful community because, without their support and trust, we could not have achieved this much.”

According to its own statistics, Grand Time’s users have received more than $2 million in token earnings to date. The platform has acquired more than 26,000 active users spanning more than 90 countries and registering around 5% to 15% monthly organic growth. To date, the platform raised $78,000 during its presale without any marketing expenses.

Read this next

Digital Assets

Coinbase reports Q1 net income at $1.17 billion

Coinbase Global reported strong first-quarter earnings and revenue, thanks in part to a surge in cryptocurrency trading activity triggered by the introduction of the first U.S.-listed exchange-traded funds (ETFs) tracking bitcoin in January.

Digital Assets

Tether increases surveillance of USDT transactions on secondary markets

Tether, the issuer of the USDT stablecoin, has inked a partnership with blockchain surveillance company Chainalysis to monitor its token transactions on secondary markets.

Retail FX

Saxo Bank reports strong trading volumes for FX, commodities in April

Danish multi-asset brokerage, Saxo Bank has reported an increase in trading activities in April 2024. The bank’s clients traded an average daily volume (ADV) of $4.5 billion, up 9.8% from the previous month, but was down 12% year-over-year from $5.1 billion in April 2023.

blockdag

BlockDAG Launches New Payment Options as Presale Tops $22.4M Amid Polygon’s New Partnership & Option2Trade’s Emergence as Cardano Rival

Following the recent release of a moon-based keynote teaser, BlockDAG (BDAG) has announced 10 new payment methods to further facilitate its DeFi services.

Fundamental Analysis, Market News, Tech and Fundamental

Global FX Market Summary: Dollar Weakness, Fed,Euro May 3 ,2024

Weak US jobs data triggered USD sell-off as investors bet on slower Fed rate hikes. This, along with Europe’s surprising economic strength, boosted the Euro.

Fundamental Analysis, Market News, Tech and Fundamental, Technical Analysis

Ethereum Technical Analysis Report 3 May, 2024

Ethereum cryptocurrency can be expected to rise further toward the next resistance level 3340.00 (which stopped the previous minor impulse wave 1 at the end of last month).

Digital Assets

Dorsey’s Block ramps up Bitcoin holdings to $4.7 billion

Block, the payments firm led by CEO Jack Dorsey, has laucnhed a dollar cost averaging (DCA) program to expand its bitcoin holdings, leveraging 10% of its monthly bitcoin-related gross profit for additional bitcoin purchases throughout 2024.

Digital Assets

Netherlands busts crypto gambling scam ZKasino

Dutch authorities have arrested a 26-year-old man implicated in an alleged rug pull scheme involving the Web3 gambling platform ZKasino.

Digital Assets

Turbos Finance launches two pioneering liquidity strategies on Sui

“Our rebalance vault leverages the unique capabilities of Sui to transform user interaction with DeFi. Users precisely manage their assets individually, adapting to market shifts with real-time, high-frequency adjustments. Our vault simplifies asset management through rebalancing and compounding to maximize returns with minimal effort.”

<