Time.fun Looks to Be Taking Off at the Moment, and It Appears That the Platform May Be at the Center of This Cause

This follows after the platform officially launched on the Solana blockchain, according to a Monday publication by The Block.

output: Key Notes

A new tokenized time sector is emerging, and Time.fun is at the center of it all. The platform officially launched on the Solana blockchain on Monday, according to a report by The Block.

Time.fun had a trial deployment on the Base network last year, which was largely successful by the company's standards.

Founder Kawz said that Time.fun was well-received when it initially launched on the Ethereum Layer 2 network Base in 2024. The platform saw over $2 million in trading volume during its time on Base.

However, Solana is the alternative that suits Time.fun’s long-term growth plan better, according to Kawz. He explained that redemption was a major challenge that came with the beta version. This meant that redeeming time for calls took place outside of the platform, making tracking difficult and user experience altogether less interesting.

With the new version, however, the company says communication now takes place on the platform. Now, buyers can be refunded if they do not redeem their time.

Paying someone for their time is a relatively new concept, but Time.fun is a pioneer in the field.

Not because it is the first in the space, but because users may buy the time of their favorite celebrities on the platform and redeem the same to have a private chat or call with them.

Its one-on-one conversation style is unlike FriendTech, which focuses more on group chats. Additionally, the time itself is tokenized and can be traded to determine the market price for interacting with that person.

While its tokenized time already comes with interesting features, Time.fun has plans to do even more with Solana’s scalability.

For instance, there are plans to introduce voice and video calls to improve the user experience. That is not to mention that the company is also currently mulling over the idea of launching its own token to unify its ecosystem and encourage more participation.

Mayowa is a crypto enthusiast/writer whose conversational character is quite evident in his style of writing. He strongly believes in the potential of digital assets and takes every opportunity to reiterate this. He's a reader, a researcher, an astute speaker, and also a budding entrepreneur. Away from crypto however, Mayowa's fancied distractions include soccer or discussing world politics.

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