This is completely incorrect. Massless particles like photons don't have a rest frame so any statement about their "concepts" are borderline meaningless. Saying "time doesn't exist without mass" makes no sense. A universe with only massless particles would still time-evolve.
Time is certainly real. 100 million years ago the hour hadn't been invented and 100 million years from now the hour, if humans are still around and using SI units, will have the same meaning. The modern SI hour is defined in terms of fundamental physical laws, not 1/24th of a day.
This is wrong. Again, making statements about observers travelling at the speed of light is almost certainly nonsense (since observers can't travel at the speed of light). The speed of light being constant has no bearing on whether or not time is a constant (spoiler alert: time is not constant).