Meet Grand Time: The community-driven web3 platform where you can tokenize your time
One of the things we like about covering technology startups is the ability of the founders to come up with innovative ideas no one ever thought of before. In other cases, some of these ideas might not be unique but an improvement on existing ideas and you say to yourself “why haven’t I ever thought of that?”
A classic example of this is a cryptocurrency token. With the future of the world economy becoming more decentralized, blockchain technology will continue to revolutionize finance which will, in turn, empower millions of people worldwide with financial freedom.
That’s why one startup is building an emerging ecosystem of the crypto community to give everyone an opportunity to become financially independent by leveraging the blockchain.
Grand Time is a London-based community-driven Web3 platform where people tokenize their time. The startup is on a mission to help people enter the crypto market by providing the necessary resources through its multifaceted platform and native token.
Just a few weeks after its launch, Grand Time has caught on and thousands of users have already flocked to its platform. So far, it has reached a new benchmark of over 800,000 monthly gig-based tasks on its platform. Some users (out of 26,000 total) are earning upwards of $100 a day performing over 100 tasks. Tasks are paid out in GRAND tokens, which can be exchanged for MATIC.
As a fully decentralized and community-oriented platform, Grand Time empowers people worldwide to become financially independent through its two-sided GIG marketplace. 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.
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.
Grand Time’s two-sided GIG marketplace has grown exponentially since its launch. Focused on providing a stable income source to people from underdeveloped and developing countries, especially those that live under the poverty line of less than $4 per day, Grand Time has facilitated more than 800,000 monthly gig-based tasks on its platform thus far.
As a result, more than 1.3 billion people below the poverty line can now earn $5 to $10 daily. In fact, some users that are very active on the platform, performing upwards of 100 tasks per day, are earning more than $100 a day, while some are earning more than $200/day by working 24/7.
GRAND tokens are rewarded for simple social media tasks (such as liking posts or writing comments), which is how Grand Social Mining works. The platform even rewards users for completing surveys, voting, and providing honest feedback about some products or services.
Users can determine how much time they wish to spend on the task, and everyone is rewarded according to their contribution and dedication. Anyone with a basic understanding of social media can earn GRAND tokens without expensive or energy-consuming hardware. People can utilize the GRAND tokens earned through Grand Social Mining in a variety of ways on the Grand Time platform.
According to the official statistics revealed by the Grand Time team, people worldwide have received more than $2 million in token earnings to date. The platform has successfully acquired more than 26,000 active users without spending a penny on user acquisition. Meanwhile, the Grand Time community has expanded to more than 90 countries, registering around 5% to 15% monthly organic growth. To date, the platform raised $78,000 during its presale without any marketing expenses, further underlining the unwavering support it is receiving from its global community.
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.”
Grand Time is leveraging blockchain’s inherent features to position itself as the only platform that provides multiple crypto-based revenue streams for unskilled workers. By joining the platform, users gain access to a large global community and earn crypto that can be exchanged and withdrawn as fiat currencies. The platform also offers community support, P2P mentorship, and crypto and financial education without any middlemen.
Below is a video of Grand Time works.