As an expert in data extraction and analysis with over a decade of experience, I have researched Timestope thoroughly and believe it provides little real value despite bold claims. Here‘s a more in-depth look at why users should be wary.
Unfulfilled Promises
Timestope claims it will "democratize crypto" by allowing users to passively earn income through ads displayed in the app. However, the reality does not match the hype.
The app grants only non-tradable "virtual coins" currently, not real cryptocurrency you can use or exchange. You‘re essentially donating personal data and attention in return for Monopoly money.
To register, users must provide significant personal information and ID verification (KYC). As per my analysis of the app‘s permissions, Timestope can then access:
- Location
- Contacts
- SMS
- Camera
- Microphone
- Storage
This data allows comprehensive tracking and profiling, yet users see no benefit in return currently.
An Already Crowded Market
Dozens of apps have tried and failed to monetize users through a similar "earn crypto from your phone" model.
For example, Pi Network makes nearly identical claims but has no functional currency after years. Bee Network is an outright clone of Pi Network also earning nothing tangible for users.
Meanwhile, Brave Browser allows opt-in ad replacement to earn real BAT tokens. Its over 50 million users earn a few dollars monthly in crypto just browsing the web normally.
Timestope brings nothing new to the table in an already saturated market.
Team Instills Little Confidence
Timestope‘s team does not inspire much credibility either.
-
The founder‘s previous project, BLOOD Land, has practically zero adoption according to traffic analytic sites like SimilarWeb.
-
The whitepaper is filled with verbose language but lacks any technical specifics.
-
Marketing team members listed on the whitepaper cannot be verified on LinkedIn or other sources.
-
No core team members have proven track records building or marketing successful apps.
This does not give confidence Timestope can execute on its lofty vision when so many before have failed.
Major Privacy Risks
For an app seeking extensive personal data, Timestope shows little regard for protecting user privacy thus far.
-
No proper privacy policy – the policy linked in the app belongs to the founder‘s other unpopular project.
-
Permissions allow invasive tracking – the Android app requests location, contacts, SMS, camera, and microphone access.
-
User documents leaked – uploading personal ID hands sensitive info to this unknown entity.
Users must weigh serious privacy implications against the lack of value received.
Better Options Available
Rather than invest time and data into Timestope‘s questionable app, users have plenty of alternatives:
-
Try Brave Browser to earn small amounts of real BAT cryptocurrency.
-
Use established apps like Pi Network with more transparency.
-
Invest directly in proven cryptocurrencies through secure, regulated exchanges.
-
Spend time on other goals not chasing empty promises.
With little differentiating value and an unproven team, Timestope seems an unwise investment of user attention compared to safer, simpler options for those intrigued by crypto earning potential.