🗺 I wanted to share a few thoughts on the Time Farm's roadmap we’ve just published. It’s certainly been a long journey from our early days developing HR products to the vibrant ecosystem we’re building now.
Our vision has always been about more than just immediate gains. We aim to create a platform where real value is exchanged, and where every action has meaning.
The roadmap represents a leap in that direction, especially with the integration of the SECONDS and TIME tokens into our ecosystem. These tokens are not just rewards—they’re the backbone of our products, the powerful engagement and growth drivers.
The features we’ve planned for 2024, 2025, and beyond are designed with sustainability and user empowerment in mind. Each step is about enhancing the user experience and creating long-term value.
🙏 Thank you for being part of this journey. Your support and feedback are priceless.
💸 Buying crypto in Europe is super easy with neobanks like Revolut, N26, and Monzo. You just open the app, select the coin you want, and buy it directly from your account. No need for complicated exchanges or extra apps.
European legislators have made this possible by creating clear regulations that allow these banks to offer crypto services safely and securely.
I'm currently in Europe, and it feels great to be in such a tech-friendly environment, where buying crypto doesn't feel like you're doing something illegal.
🤖 Adapting to AI
Various reports suggest that AI might take over many jobs, and while that might sound alarming, there's no need to panic. In the Web3 sector, I keep seeing a surge in demand for skilled professionals. That led me to two takeaways.
Firstly, for some of us, it’s time to rethink career paths. For instance, while AI might replace certain roles, like customer service representatives, leadership positions such as Chief Customer Officers (CCOs) will remain critical.
This shift doesn't mean abandoning your current role; it means aiming higher and evolving into more strategic positions.
👀 I saw this firsthand with a friend who replaced an in-house copywriter with ChatGPT. Initially, it seemed like a cost-effective solution, but soon they noticed a drop in engagement and the content became increasingly generic. They ended up rehiring their copywriter, who now commands a higher salary due to her unique value.
🏛️ I promised to stay away from politics, but Vitalik Buterin's article struck a chord. He makes a crucial point about the pitfalls of supporting candidates solely based on their "pro-crypto" stance.
In the blockchain space, it's not just about regulations; it's about values like privacy, global cooperation, and inclusive innovation. Politicians should embrace these principles holistically, not just as a campaign tagline.
It's easy to get swayed by promises, but we must scrutinize beyond rhetoric. As Buterin argues, a candidate's stance on encryption, internet freedom, and international relations matters deeply.
💡I also believe that we need leaders who uphold the original blockchain values consistently, regardless of political labels.
🇳🇬 Spotlight on Nigeria: A Growing Gaming Powerhouse
I kept reflecting on the latest Time Farm numbers. Nigeria's rise in the gaming world is remarkable. The lack of job opportunities for young Nigerians has pushed many to seek alternative ways to make money, and many are taking gaming as a career path.
Nigeria's gaming business is set for exponential growth. With an increasing smartphone use and a growing digital infrastructure, the potential is immense.
Despite the rise in crypto adoption, the country still lacks proper regulation. But I believe it's only a matter of time before this changes. Sometimes, I feel it will be the communities in developing countries that drive crypto adoption, not the West.
The trend in Nigeria isn't just about gaming; it's about creating new job opportunities and fostering economic growth through innovation.
💡Seeing this shift is inspiring. Nigeria is a prime example of how digital engagement can empower communities and drive positive change.
Image: Ryze Labs
Transforming Web3 Financial Services
The launch of TON’s native USDt marks a significant milestone, showcasing rapid adoption and user engagement.
With a massive increase in TVL and strong integration across exchanges and DeFi protocols, USDt-TON is central to TON’s ecosystem. The gasless payment feature lowers entry barriers, aligning with Web3's goal of democratizing financial access.
Once again, TON demonstrates the transformative potential of Web3 projects. Integrating financial services into platforms like Telegram will be a serious step shaping the future of Web3 in general and digital payments in particular.
Keep building.
🪙 USDt-TON: Setting New Standards in Web3
If you’re following TON’s development, this is the next article you should look into. For those short on time, here’s my brief summary.
In April, native USDt was launched on the TON blockchain, enabling instant USDt transfers via Telegram messages. What happened next was mind-blowing.
Within three months, USDt-TON reached $580 million in circulation and integrated with major TON protocols and dApps. The addition of gasless USDt payments has made transactions even easier, paving the way for seamless financial interactions on Telegram. There are currently nearly 489K holders and 37 million TON TVL (over $269 million) in liquidity pools.
They say it might be the fastest-growing launch of USDt.
Two-Stage Rock Star Partnerships
Our partnership with Brave unfolded in two stages.
1️⃣ First, we integrated $BAT (Basic Attention Token) as a payment method on LaborX. This allows freelancers to get paid in $BAT for completing tasks, and employers to use it for payments.
2️⃣ Second, we listed Brave’s job openings on LaborX and regularly update them.
This is part of our standard procedure with all our top-tier partners, whether they’re well-established companies or emerging startups.
Everyone is on the hunt for skilled Web3 experts, and we’re making LaborX the go-to platform to find them.
🏴☠️ Global App, Local Communities
Treating your community well isn’t just a nice extra. It’s vital for success (as well as simply being the right thing to do).
One of the ways we’ve done that is to create local communities for Time Farm users, so they can receive news about the project in their own language, make referrals to their friends, and discuss the project together.
We always listen to feedback – no matter how painful – and we will always seek to adapt Time Farm to best serve our community.
You guys matter!
🍪 Community: The Root Of Value In Web3 🍪
Web3 founders often talk about the importance of community, but do they walk the walk as well?
It's not just my opinion, it's a universal wisdom: every crypto project relies on its community for success. Although many don’t reflect that through their actions.
Web3 is not like Web2. Your community members aren’t just users. They secure the blockchain protocol. They fund your project. They’re token holders and liquidity providers. They are early adopters, testers, focus groups who offer valuable feedback, and your most powerful marketing resource. They audit code and help find bugs. They build new features, and even whole applications on top of your foundations.
LaborX’s community – its gig providers and employers – are the lifeblood of the platform. Without them, LaborX is just some lines of code.
🥊 Clicker Games And Blockchain Tokens
Mobile ‘clicker’ games based on TON keep proving incredibly popular. These simple, fun games are introducing tens and sometimes hundreds of millions of users to Web3 and blockchain technology – often within just weeks of launch!
Airdropping blockchain tokens to these users represents a huge opportunity for Web3 founders to distribute digital assets to a massive audience. Notcoin’s airdrop saw 80 billion NOT sent to around 35 million users, for example. Hamster Kombat, which has around 250 million users, is set to drop its token later this month.
Now the big question, of course, is how these tokens are used…
🙏 Today, the tide is turning. After navigating past layoffs and uncertainties, firms are now cautiously optimistic, planning to increase headcounts amid crypto market rebounds. This move underscores growing confidence in blockchain's future.
Judging by LaborX stats, Web3 companies are not just after builders but also expanding teams with niche roles like analysts, writers, and ecosystem leads. This hiring spree reflects a robust market sentiment, with companies scaling up to capitalize on blockchain's potential across industries.
👊 Some major updates are coming. We’re taking @TimeFarmCryptoBot to a whole new level by merging it with the best of LaborX
This bold new direction will introduce micro tasks, both online and offline, allowing people to earn by completing straightforward tasks and helping work providers find the perfect match for their needs.
We aim to redefine marketing and promotion in the Web3 space, ensuring businesses receive genuine feedback and evaluations.
I’m incredibly proud of this next step and can’t wait to see the opportunities it creates for the community.
Imagine all the benefits of gig work but with the security of traditional employment.
Now, go to LaborX full-time jobs section and there you have it – flexible schedule, remote employment, benefits, and guaranteed salary. You can choose to get your wages in crypto and take care of taxes according to your lifestyle.
However, this setup requires specific skills, immense responsibility, and self-organization.
💡I understand it's not feasible for everyone to work in Web3. My point is that other industries can still draw valuable lessons from such workflow.
The beauty of cryptocurrencies lies in their ability to empower individuals globally, offering financial inclusion and autonomy beyond traditional banking systems.
However, as regulatory pressures mount, there's a risk of stifling innovation and excluding those who rely on crypto for financial freedom.
💡Can we reconcile regulatory compliance with crypto's decentralized principles? Is there a middle ground where legal frameworks can support innovation without compromising decentralization?
🫂 Creating Opportunities for People
The second thing that struck me is Chrono.tech is more relevant than it has ever been. After all, our mission is literally to bridge the gap between employers and skilled professionals, making job opportunities more accessible and efficient.
We’re committed to developing innovative employment solutions that align with the modern, global workforce. One such initiative is our upcoming micro-task platform, designed to offer flexible, scalable opportunities that meet today’s dynamic job market demands.
🛠️ This platform will allow users to earn through short, actionable tasks, making work accessible from anywhere and opening doors to new income streams.
🚧 Has anyone witnessed yesterday’s mayhem firsthand? In case you missed it, late Thursday night, CrowdStrike, a major cybersecurity firm, accidentally unleashed chaos with a faulty software update. This mishap caused Microsoft-based systems to crash, leading to government offices, banks, and airlines displaying the infamous blue screen of death.
It was a massive disruption.
But here’s the interesting part: Bitcoin remained completely unaffected. Since it relies on Linux-based frameworks instead of Microsoft software, its operations continued smoothly. While banks and other centralized systems were struggling, Bitcoin miners were just chugging along.
While any operating system can potentially face mishaps, the decentralized nature of Bitcoin ensures no single point of failure can disrupt the entire network.
It’s just another reason to appreciate the infrastructure behind crypto.
📚Web3 Reading List: Vitalik Buterin
By the way, while we’re on the topic, if you haven’t checked out Buterin’s blog, you really should. It’s not just about Ethereum, I promise.
He has a knack for breaking down complex concepts into simple language. Before you know it, you're diving into self-discussions on multi-dimensional gas and stateless clients, and understanding it all.
Jokes aside, for anyone looking to build a career in Web3, reading thought leaders like Vitalik is a must—it broadens your perspective and keeps you ahead of the curve.
Image: Vitalik Buterin's blog
🌐 Our Time Farm community spans the globe with a diverse user base. Here are the numbers I've mentioned in the previous post, and they reflect an interesting trend.
🔝 The top 5 countries include Nigeria, Iran, the United States, Germany, and the United Kingdom. I'm not surprised by the strong presence of the Western world—it has always been quick to adopt new trends and is big on gaming.
Becoming a hit in developing countries is no less exciting. Introducing Web3 opportunities through simple things like gaming can lead to significant outcomes.
It potentially opens doors to new job opportunities, particularly in regions that can benefit the most. This global shift towards digital engagement is not just about entertainment; it's about empowering communities and fostering economic growth through innovation.
Looking ahead, I hope to see even more diverse communities join us on Time Farm and other projects within the Chrono.tech ecosystem.
💥 My newsfeed is filled with Trump pictures. Alongside the conspiracy theories and some rather bizarre (and not-so-bizarre) opinions, Bitcoin's sudden rise right after the recent events is catching everyone's attention.
All the crypto media is digging into his views on digital currencies. And then, there’s JD Vance, Trump's pro-crypto pick for the new VP.
Twitter, as always, takes things to the extreme. Overnight, Trump has morphed into a superhero on our timelines. It's a bizarre turn of events that's hard to ignore.
Let's keep this light-hearted and fun; I'm not delving into politics here—just sharing a quirky piece of art that's circulating.
And as for what could happen to crypto if Trump returns to power? Well, let's not speculate. The future of digital currencies is unpredictable enough without adding fortune-telling to the mix.
Binance celebrated its 7-year anniversary, and what a journey it has been! Since its inception, they have onboarded 210m users, become the biggest crypto exchange brand, and even reshaped the industry.
I can highlight at least 4 ways of how they did that.
• Expanded to serve millions worldwide, fostering global cryptocurrency adoption.
• Became the world's largest cryptocurrency exchange by trading volume.
• Set new benchmarks for industry-leading security protocols.
• Pioneered new products and technologies, including Binance Coin (BNB), Binance Launchpad for token launches, Binance Smart Chain for DeFi solutions, and innovative trading features.
Witnessing Binance's path is yet another reminder of how community and creativity may shape the trajectory of Web3 initiatives.
💡As both developers and users, we should take inspiration from their commitment to security, global accessibility, and pioneering spirit.
Image: Binance post
TON: Defining Market Trends
I find it fascinating that throughout this year, TON has defied market trends with a 1,400% increase in TVL, which right now exceeds $700 million. Also, it made it to the top ten cryptocurrencies by market capitalization.
Now, look at the current stats: while the crypto market is still kind of shaky, Toncoin keeps increasing. A perfect example of a Web3 project done right. If you build something people actively use, the market sentiment won’t matter much.
Speaking of TON, we’ve just added the ability to connect TON wallets to Time Farm, making it even easier to get those rewards. Go check it out 😉
Brave Partnership: From Plane Chat to LaborX job listings
When you’re in Web3, networking is a continuous process. And when I say continuous, I mean it. A while ago, I found myself on a plane next to Brendan Eich, the founder of Brave and a co-founder of Mozilla. As one of the creators of JavaScript, he’s a legend in tech.
🤝 We struck up a conversation about crypto, and that serendipitous chat led to LaborX partnering with Brave, the one and only Web3 browser.
This experience, once again, reminded me about the importance of real-life meetings. In the Web3 space, we often find ourselves stuck online, which isn’t great for mental health or building trust. Face-to-face interactions can foster stronger, more reliable partnerships, just like ours with Brave.
⚡️ Building Community Fast: Some Nice Problems To Have
Telegram apps have proven to be an incredible way of building huge communities in just a few weeks. Our very own Time Farm attracted 15 million users in the first month and keeps growing!
While this is an amazing achievement, it brings challenges – including more pressure for us to deliver. No problem! We’ve got a highly motivated and experienced team with some great ideas, so we’re looking forward to doing just that.
It can also be tough dealing with the volume of questions and feedback, so please be patient while we get back to you 🙏
Lastly, the sheer weight of users caused some tech issues, which we solved by beefing up our servers.
Onwards!
Some Thoughts On Gaming Token Utility
Early play-to-earn (P2E) games ran into a big problem. While distributing free tokens with real value to gamers helped grow these ecosystems rapidly, sooner or later the token price crashed because there wasn’t enough demand to keep up with players selling. Axie Infinity, one of the most popular P2E games of the last crypto cycle, has seen its token price drop by over 99%.
I believe, the most important thing that was missing was an effective monetization strategy. The new generation of TON-based games will benefit from Telegram’s amazing user experience. Adverts can seamlessly be integrated in the feed, providing new ways for game developers to generate revenues – and create games that are not only fun and rewarding, but sustainable too.
I find the future of blockchain incredibly exciting.
💰 For Web3 talent, your expertise and skills are priceless. From my decade-long experience building crypto projects, I've learned that staying adaptable and continuously upskilling are crucial.
Embrace the challenges of the market, contribute to innovative solutions, and remain steadfast in your commitment to advancing decentralized technologies. Your perseverance will make a difference.
Everyone who has been around crypto for any length of time knows that keeping one's digital assets safe is a top priority. That’s why I swear by my Ledger Nano X.
This little device is a powerhouse when it comes to keeping my crypto safe. It’s 100% reliable, easy to use, and affordable, making it the perfect gift. So I’ve started gifting it to friends and colleagues.
🔐Surely, there are quite a few options for keeping your crypto safe without paying for it, but the peace of mind you get from the Ledger Nano X is priceless.
Bitcoin and Ethereum are experiencing significant drops, with Bitcoin hitting its lowest point since February. Similarly, Ethereum has fallen quite a bit.
As someone deeply rooted in blockchain, I've seen these scenarios play out before. Recent transactions involving wallets linked to Mt. Gox and a sizable movement of $75 million in Bitcoin by the German government have undoubtedly rattled investors. Additionally, macroeconomic conditions and the looming uncertainty of U.S. elections are contributing to the current bearish sentiment.
🎓Will the markets keep falling?
That's not the right question. Keeping yourself informed and adaptable is key; staying panicked and trying to predict the future is not a good idea. Seasoned crypto enthusiasts understand these cycles as natural fluctuations in the market's rhythm, reminding us of its inherent volatility and resilience.
Who doesn’t love the gig economy? Flexibility, autonomy, and endless opportunities define why it’s awesome. Whether you're freelancing full-time or earning extra income on the side, gigs offer the freedom to work when, where, and how you want.
But many raise valid concerns.
A recent Forbes article questions the gig economy’s main pillars, citing issues like fake flexibility, lack of benefits, an "always-on" work culture, and broader societal impacts. The other article I came across details why gig work should become more sustainable. The challenges listed are very similar.
As someone deeply entrenched in blockchain for over a decade, I believe we must reconsider our approach to employment at its core and draw lessons from the crypto space.
Although it’s only natural that crypto space will be regulated, it often means destroying its decentralized nature. If those who don’t want to comply are forced into the gray area, would crypto become people’s currency?
In many parts of the world, people have already come up with a communal way to save and access funds without relying on traditional banks. Known as Tanda, Susu, Paluwagan, and by many other names, this practice allows members to contribute a fixed amount each month and take turns receiving the total pool of money.
The communal savings practices demonstrate a grassroots approach to financial resilience, providing essential support where formal banking services fall short. Likewise, cryptocurrencies have the potential to democratize finance globally, offering financial services to the unbanked and underserved populations.
💡But if you need a passport and a bank account to access your crypto funds, what’s the point?
