logo

Time.fun has announced the shutdown of its Creator Token platform and the transition to a cryptocurrency-based social app.

By: theblockbeats.news|2025/11/05 09:15:52
0
Share
copy
timetime

BlockBeats News, November 5th, Timefun founder Kawz stated that Time.fun announced that it will gradually shut down its existing creator token platform. The platform will only retain functions for fund withdrawal and asset transfer in the future to complete the transition to a brand-new product form. The new application will completely abandon the creator token model and instead build a next-generation social platform based on encryption technology. He pointed out that although the team still believes in the long-term potential of creator tokens, the current market lacks user activity and transaction demand, making the model unsustainable to support the product's development.

Kawz further stated that the new social platform will be designed around "on-chain identity and social incentives." The goal is to allow users to naturally generate on-chain assets and a reputation system through social interactions, rather than relying on speculation-driven token issuance. The new product has entered the internal testing phase and will announce product previews and test invitation plans in the coming weeks.

-- Price

--

You may also like

Finally, Polymarket is teaming up with Kalshi to take a bite out of this cake

The two giants in the prediction market are expected to successively announce the expansion of perpetual contract products in the short term. This not only expands their product and revenue boundaries and supports the continuously rising financing and valuation but also responds to the potential thr...

ENI officially announces the completion of its strategic brand upgrade: advancing from a foundational protocol to a global institutional-level financial new infrastructure

ENI has announced a comprehensive brand upgrade, officially transitioning from a foundational public chain to an "Enterprise Blockchain as a Service (BaaS) platform," dedicated to building a global bridge connecting traditional finance and Web3.

The person who brings Web3 closest to AI

If not liquidated, the AI project he invested in has now reached a valuation of several billion dollars.

MYX Case Analysis: The Complete Harvesting Tactics Behind the Fake Surge of Cryptocurrency Tokens

MYX Case Analysis: The Complete Harvesting Tactics Behind the Fake Surge of Cryptocurrency Tokens

Gate founder Dr. Han: The crypto winter drives structural reshaping, and everything on-chain will become a new paradigm in finance

Gate CEO Dr. Han appeared at the Hong Kong Web3 Carnival, emphasizing that "everything will be on-chain" will reshape the future of finance, and announced the acceleration of building an integrated trading hub that connects crypto and traditional assets.

Is XRP a Good Investment in 2026? Why Is It Stuck at $1.45

XRP is up 6.7% this week, but exchange reserves remain high. Is a volatility spike imminent? We analyze price trend, ETF inflows, whale activity, and regulatory catalysts to answer: will XRP go up, why is XRP dropping, and is XRP a good investment right now?

The Joker is back
Bigger pools, auto-play, lucky buffs.
The Joker is backJoin now and grab your rewards.

Contents

Popular coins

Latest Crypto News

18:42

Analysis: The market shares of BTC and ETH have both declined, with funds rotating to altcoins

CryptoQuant analyst Darkfost tweeted that during the current consolidation phase of the crypto market, investors are taking the opportunity to reassess asset allocation, adjust strategies, or review their overall exposure to the crypto market. Today, altcoins accounted for 51% of the total trading v...
18:42

Before the US stock market opens, the Nasdaq is up 0.51%, and Microsoft (MSFT) is up 0.74%

According to Gate market data, the three major U.S. stock indices rose before the market opened, with the Nasdaq up 0.51%, the Dow up 0.26%, and the S&P 500 up 0.34%.The seven major tech stocks rose before the market opened, with Apple (AAPL) up 0.22%, Microsoft (MSFT) up 0.74%, Alphabet (GOOGL) up ...
18:42

Data: The Ondo team has transferred $34 million worth of tokens to a new wallet, which may be sold

According to monitoring by onchainschool.pro, the Ondo team has transferred $34 million worth of tokens to a new wallet. Analysts point out that after such transactions, tokens usually gradually transfer to CEX, followed by a continuous decline in price.
18:42

QCP: BTC rebounded to around $78,000, but it is still an emotional correction rather than a trend reversal

QCP stated that BTC rebounded from an overnight low near $75,000 to around $78,000, but this rise seems more like a correction after a calming of risk sentiment rather than a new phase for the market.The report pointed out that Trump's unilateral extension of the ceasefire with Iran has reduced expe...
18:42

AI research lab NeoCognition has completed a $40 million seed round of financing, led by Cambium Capital and others

AI research lab NeoCognition announced the completion of a $40 million seed round financing, led jointly by Cambium Capital and Walden Catalyst Ventures, with participation from Vista Equity Partners. Angel investors include Intel CEO Lip-Bu Tan and Databricks co-founder Ion Stoica, among others.The...
Read more
Community
iconiconiconiconiconiconicon

Customer Support Bot：@WEEX_support_smart_Bot

VIP Services：support@weex.com