TIME-TOKENS (Ŧ) and MONEY

Time-Tokens (Ŧ) are the time-value electronic data units PayLive® uses.

1) PayLive® allows Sellers to monetize timed-events and Buyers to pay only what they really consume. PayLive® is a patented (patent pending) system and method, capable to monetize smallest time and value units (hundredths of seconds or hundredths of existing currency units); no other system can do this.


2) Any and all transactions made using PayLive® are done exclusively with Time-Tokens (Ŧ); Time-Tokens (Ŧ) are not a currency, neither physical nor digital*).

The value of one Time-Token (Ŧ 1.oo) is equivalent to USD 1.oo.


3) Time-Tokens (Ŧ) are handled by PayLive® wallets, either Seller or Buyer/Sponsor wallets.Time-Tokens (Ŧ) can be recharged, redeemed or refunded from/to a PayLive® wallet, via a PayPal account. .

4) PayLive® may help protect a Seller’s (author’s, third party’s) rights when using it to monetize events, services or content. The redeeming process takes up to 9 working days in order to be able to have enough time to check possible breaches of copyrights

*) Taxes can be paid with currencies, whereas with Time Tokens (Ŧ) you cannot (and will never be able to) pay any kind of taxes in any country; therefore Time Tokens (Ŧ) cannot and will never be considered a currency

PayLive Inc. does not collect, send, transact, exchange, transfer and/or move any physical or digital currencies (e.g. US Dollar, Euro, Pounds, Bitcoin, etc.) in or between any PayLive® wallets. Financial/payment corporations, such as PayPal and Banks, collect, send, transact, exchange, transfer and/or move physical currencies. To our knowledge, the PayLive® service (or an analog system) cannot be developed with any current financial system, or by any regulated financial entity. However, it is possible that in the future, PayLive Inc. could engage in the development of a physical or digital currency to exchange through the PayLive® system.


Recharge / Redeem

PayLive


Universal Time Monetization System
for one-on-one live services
and for live streaming events,
that allows Sellers to get paid-per-time
and Buyers to pay-per-time as they consume.

PayLive ® / Patent pend. / Social-Fintech / Beta / ©

Time-Tokens (Ŧ)

1.oo Ŧ (1 Time-Token) is equivalent to US$ 1.oo

Time Tokens are
Time-Value data units
used by PayLive to monetize time.

You can recharge or redeem your Ŧ
from/to over 25 currencies, using PayPal.

PayLive uses Time-Tokens for many reasons:

Easy to use, as
1.oo Ŧ (1 Time-Token) is equivalent to US$ 1.oo
+
To help protection of
event rights and third party rights
(e.g. authors rights, copyrights, etc.)
+
To allow sharing between event partners
+
For traceability
+
For cyber-security

Why 1 to 9 days to redeem Ŧ?

In order for PayLive to help protect
your or third party rights,
the process to redeem Ŧ
to over 25 currencies
may take from 1 to 9 business days

This time is necesary to allow anybody – worldwide –
to report to PayLive® posible frauds
related to events or services
monetized by using this time-monetizing-wallet.


SECURITY

Simplicity in use, highest usability
Real time debiting/crediting every time unit
No personal, financial or usage data is stored in online or mobile applications
Separation of processes impedes access to any personal or financial or usage data of Buyers or Sellers or Sponsors by outsiders
Moderation process for redemption of monetized services checks their legality

Free
Please report any suspected violation of rights, fraud or abuse,
connected to events monetized with PayLive.
Anonymous reports are automatically discarded.

Accelerated by,

Sponsored by,

Validated by,

This PayLive Time-Monetizing-Wallet is protected by a patent (pend.) system and method
PayLive® by PayLive Inc., USA
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