According to BlockBeats, a new social protocol named time.fun has been launched on June 18. This innovative protocol allows users to tokenize their time, enabling other users to earn Ethereum (ETH) and transaction fees through trading these tokenized time units.

The protocol is reportedly backed by investment from Alliance DAO. This development marks a significant step in the evolution of social protocols, offering a unique approach to value creation and exchange in the digital space. By tokenizing user time, time.fun provides a novel way for users to monetize their online presence and activities.

Further details about the operation and potential applications of the protocol are yet to be released. However, the introduction of such a protocol could potentially revolutionize the way users interact with digital platforms and how value is perceived and exchanged in the online world.