kawz

The founder of Timefun, Kawz, stated that Time.fun will gradually shut down its existing creator token platform, retaining only the functions for fund withdrawals and asset transfers to complete the transition to a new product form. The new application will completely abandon the creator token model and instead build a next-generation social platform based on cryptographic technology. He pointed out that although the team still sees long-term potential in creator tokens, the current market's user activity and trading demand are clearly insufficient, making it difficult for the model to support the sustainable development of the product.Kawz further stated that the new social platform will be designed around "on-chain identity and social incentives," aiming to allow users to naturally generate on-chain assets and credit systems through social interactions, rather than relying on speculation-driven token issuance. The new product has entered the internal testing phase and will announce a product preview and testing invitation plan in the coming weeks.

ChainCatcher news, according to TheBlock, the founder of the time tokenization platform Time . fun stated that in the future, they will consider issuing their own platform token. If other platforms are built on the basis of tokenizing time, then a platform-based token could connect them all together.However, Kawz admitted that it is still too early to discuss issuing the Time . fun token at this stage. The primary goal of the platform is to make tokenized time "composable," so that other applications can be built on Time . fun.