This "APP" contains your personal current account in the "Virtual Time Bank" which accounts in [HOURS] your exchanges of services and / or objects with other users of the community.
Below you will find the description of the operation
in the answers to the questions:
Who participates in the "community"?
Potentially all the people in every part of the world, who have installed this "APP".
What personal data are used?
Your "APP" remains completely isolated from the others.
The only information published will be your ads on the "social" channels of your choice.
Remote transactions take place through an anonymous and secret server and are immediately deleted from the server.
What are the 60 [HOURS] that are already on my account?
This is an initial amount available to you to begin exchanging benefits and / or items with other community volunteers.
How to provide a service to a friend?
Invite him to join the community, uploading the same "APP", and explain to him that you accept in exchange for your performance the agreed [HOURS] that he will pass on to you.
How to get a service from a volunteer friend?
Invite him to join the community by uploading the same "APP" and explain to him that you will pay him the [HOURS] you accepted for his performance.
Is it possible to acquire or sell objects?
YES, but always using only [HOURS] for exchanges.
Any exchange agreement remains legal, but, as a guideline, you can calculates the value in [HOURS] of the object, dividing its value in local currency by the local hourly cost of a worker hour (in Europe, for example, 1 HOUR equals 10 €)
First example: if you think your used washing machine is still worth € 50, then you can think about selling it for 5 [HOURS]
Second example: you make fresh pasta for a friend, buying € 2 of ingredients and
working for an hour. Give it all up for 1.2 [HOURS].
How do you go about concluding a deal with someone?
Agree with whoever contacts you or whoever you contact, both in person and via "social" channels
How to pay off the contract by transferring [HOURS]?
- use the "Send HOURS" button,
- fill in "value" and "Reason",
- click "Submit" and "Confirm"
- check the code to copy it to the clipboard,
- send the copied code via "Social" to your correspondent
- on the “HOME” you can check if the correspondent has received them
How can I receive [HOURS]?
- copy the code you receive from your correspondenton the "Social"
- on "HOME" click "receive HOURS"
- paste the copied code and confirm
What happens if I run out of [HOURS] on my account?
Even if you have not had the opportunity to receive any for your performance in the month, the [HOURS] you have spent at the end of the month are automatically reintegrated up to a maximum of 60 [HOURS]
I had more than 60 [HOURS] in my account and, at the beginning of the month, I noticed a small reduction, why?
From the account of all participants in the community, the amount exceeding 60 [HOURS] is reduced by 1% every month.
Example: if I arrive at the end of the month with 110 [HOURS] on the account, then I start the new month with
110-(110-60)x0,01= 109,5 [HOURS]
It is a small elimination that stimulates circulation and regulates purchasing power over time
How to transfer my account to a new mobile phone?
Attention!
The following procedure exports your account and at the same time deletes it from your old mobile
go to → Menu → Backup → Export → Confirm and take note of the code.
Now install the APP. "TimeWallet" on the new mobile then
go to → Menu → Backup → Import, enter the saved code and confirm