Leeds, UK, Dec. 02, 2021 (GLOBE NEWSWIRE) — (via Blockchain Wire) Time x Space is a unique project seeking to build a steady and high price floor for holders of its token and help the world by contributing to various science-related causes. Driven by a core team of five members with vast experience in the blockchain sector, the new platform aims to become one of the biggest names in the crypto space.
The TIMEXSPACE token currently has a market cap of just over $1M, per data from coinmarketcap, making it a low cap gem that can deliver high ROI to early investors.
Time x Space’s Commitment to Science and Medical Enhancement
Time x Space’s backers are committed to helping the Earth become a better place. To this end, the project will collect and send resources to science and health-related charities.
So far, Time x Space has donated over $25K to the Health & Medicine Cause Fund, Technology & Science Cause Fund, and Mental Health Cause Fund; more nonprofit funds will receive resources from the donation pool in the future.
Time x Space is also utilizing the services of the leading nonprofit-specific solution, The Giving Block, to ensure that the donations are dispersed efficiently and safely.
A look at the Time x Space Tokenomics
Time x Space deploys excellent tokenomics designed to reward holders, fund development activities, and donate resources to various science charities in need.
The smart contract deducts 10% from each transaction, with 2% going straight to holder rewards and 2% into project development. A further 2% is channeled to the marketing wallet to help with promotions to grow a strong community that will support the project for the long haul.
Meanwhile, an additional 2% of each transaction goes toward adding liquidity to the Time x Space pool. This auto-added liquidity facilitates seamless trading and creates a steady and high price floor for holders.
A final 2% is sent toward charitable organizations focused on science and technology advancements that help create a healthier and high-tech world.
Aiming Towards a Rug-Proof Project
The Time x Space founders have submitted their smart contract for two thorough audits by InterFi and audits.finance. Moreover, the platform’s Know Your Customer (KYC) checks have been performed by audits.finance, and Pinksale Finance to instill trust in users.
What’s more, the Time x Space team locked initial liquidity on Pinksale for 120 days. The lockup period will be extended after it lapses, guaranteeing that the project backers cannot orchestrate a rug pull.
The platform regularly burns LP tokens from the auto-added liquidity function, tightening TXS supply while making it impossible to remove liquidity at any time. The team destroyed $2500 worth of TIMEXSPACE in the latest burn session; they plan to continue taking more tokens out of circulation to maintain the deflationary status of TXS.
To connect with the Time x Space community, check out the resources below:
Website | Telegram | Twitter | Instagram | Reddit | Facebook | Youtube | Medium |