Time Squared (t²) : Abbreviated Introduction
Time Squared (t²) is building a metaverse for reading and publishing where time functions as the currency and curates subculture. In t², users read to earn and to contribute.
The project aims to challenge the conventional centralized model of media outlets via a blockchain-based system in web3 – where users are in control of their data. t² aims to allow readers to reap the rewards of reading – while simultaneously integrating “territories” governed in a decentralized way.
t² is a protocol and a social network. t² is working to improve the user experience and enable more functionalities for the end user. It already has a Minimum Viable Product (MVP) deployed on its website. t² project aims to deploy the product across several EVM-compatible chains, starting from Aurora in the NEAR ecosystem. The bulk of the project’s data will be stored on the Ethereum blockchain, where all the governance decisions are intended to be made.
The corporate legal structure of the project is currently unknown, and the project’s headquarters is located in Singapore. The project will gradually transfer management decisions to its Decentralized Autonomous Organization (DAO). t² can be classified as a social DAO.
TXT is the utility token of the t² ecosystem and its supply is not finite. The Token Generation Event (TGE) has not taken place yet. It is trying to raise $3.5 million via a seed funding round.
The team behind t² is composed of 12 highly-skilled professionals from a diverse set of backgrounds, including architecture, design, software and business development.
The project showcases an active social media presence, although numbers of followership are still comparatively low.
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