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

Retail FX

IBKR extends US Treasury bond trading to 22 hours per day

US Treasury bonds are highly sought after by investors seeking stability and security in their portfolios as these instruments are often considered one of the safest investment options. 

Market News

Navigating Yen Depreciation and Euro Resilience in Global Markets

Amidst the persistent depreciation of the Japanese yen against the US dollar, pressure mounts on Japanese policymakers to translate their verbal assurances into tangible actions.

Digital Assets

El Salvador refutes rumors of Bitcoin wallet hack

Chivo Wallet, El Salvador’s official cryptocurrency wallet, has dismissed reports of a hack involving its software source code and the data of over 5 million users associated with its KYC (Know Your Customer) procedures.

blockdag

Best Crypto to Buy: BlockDAG Presale Hits $20.1M Following Moon-Shot Keynote Teaser as Dogecoin & Shiba Inu Prices Plummet

This landmark achievement sets it apart in the cryptocurrency landscape, where traditional favorites like Dogecoin and Shiba Inu are witnessing a price decline.

Digital Assets

MetaMask developer sues SEC over regulatory overreach

Ethereum ecosystem developer Consensys Software has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC), challenging the agency’s regulatory actions concerning Ethereum and its related services.

Institutional FX

Tradeweb pulls in $408.7 million in Q1 revenue amid record trading volumes

Tradeweb Markets Inc. (NASDAQ: TW) has just announced its financial results for the first quarter of 2024, which showed a robust performance for the three months through March.

Institutional FX

BGC Group valued at $667 million following investment by major banks

BGC Group announced that its exchange platform, FMX Futures, is now valued at $667 million after receiving investments from a notable consortium of financial institutions.

blockdag

Transforming a Bankrupt Investor into a Cryptocurrency Giant; Can BlockDAG Replicate Ethereum’s Meteoric Rise With 30,000x Predictions?

The realm of cryptocurrency investing presents a thrilling blend of challenges and opportunities. The legendary gains by early Ethereum investors serve as a powerful lure for those seeking the next major breakthrough.

Digital Assets

SEC delays decision on spot bitcoin options ETFs

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on whether to authorize options trading on spot bitcoin ETFs, extending the review period by an additional 45 days. The new deadline for the SEC’s decision is now set for May 29, 2024.

<