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The time tokenization platform Time.fun has completed a $3 million seed round of financing.

9月 5, 2024 05:19:45

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ChainCatcher news, according to The Block, the time tokenization platform Time.fun has completed a $3 million seed round of financing, led by Brevan Howard Digital. Other investors include Coinbase Ventures, Breed VC, Zee Prime Capital, and Arthur Hayes' family office Maelstrom, as well as angel investors such as Solana co-founders Anatoly Yakovenko and Raj Gokal.

Time.fun is built on the Ethereum Layer 2 blockchain Base, helping creators tokenize their time, allowing users to buy, sell, and exchange creators' time for private messages or one-on-one calls.

Since its launch on June 17, Time.fun has completed approximately 570 ETH (about $2 million) in transaction volume, with creator earnings around 15 ETH (about $60,000). Time.fun employs a supply and demand curve mechanism and plans to issue its own token in the future, but the specific timing is yet to be determined.

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