Timestope is possibly a big waste of time for its users in '24

Timestope claims to have the aim of decentralizing crypto ownership by helping users earn from the advertisement served to them. Please read our disclaimer about investment related advice before reading our analysis.

We do not believe that this is a good investment of your time since:

• It currently acquires users’ data but does not provide any current value to them. It provides virtual coins but they are not tradable in any exchanges.
• It is yet another solution in a crowded market
  • Numerous apps like the Pi Network or the Bee Network have very similar claims
  • Brave browser actually provides users tradable coins with its free browser by replacing ads on the pages viewed by the user. So users can make money a few dollars per month by viewing ads.
• Team does not look particularly strong.
  • The founder previously had a project that does not seem to have achieved measurable success. His last project is not receiving measurable online traffic. His last project BLOOD was listed on a Korean exchange but we couldn’t find the coin on that exchange now and contacted the exchange for comment.
  • Whitepaper lists a large team member but we couldn’t find most of the marketing team members on Linkedin. Company Linkedin page only lists the founder as an employee
• The whitepaper is verbose, vague and non-technical. It
  • Spends more time discussing world problems than explaininging the solution
  • Explains the value generation mechanism on a very high level. The plan involves showing search ads to users on a Chromium fork.
  • Includes no explanation on how this is different than the numerous attempts in the same space that we listed before
• Their privacy approach needs significant improvement. We are concerned with users providing their data to this app.
  • They don’t have a privacy policy. The privacy policy listed on their app’s page belongs to another project of the founder. This shows the amount of attention the team puts on users’ privacy.
  • As with most companies building an ad based monetization model on top of a free product, it requests numerous permissions. You can see the permissions that they use on the Google Play Store or on other sources.
  • They do their own KYC which is a major privacy issue since this leads users’ personal documents in the hands of this company

What is our recommendation?

We explained this in detail on another article but we recommend you to stop chasing promises of becoming “the master of the world” and do something more productive with your life. If you have to try to get rich using crypto, you can:

• Try a bit more credible apps in the same space like Pi Network
• Use the Brave browser to make a few dollars per month by watching ads
• Invest in cryptos. We identified the most credible cryptoexchanges.