HERO ICO: Promoting Financial Inclusion, Transparency, and Efficiency in Southeast Asia
Introduction
Hero is the future of banking that provides collateralized loans to the unbanked and underbanked consumer across Southeast Asia. With the launch of a crypto unit called Hero Token, HERO intends to expand into a blockchain-based, no-load loan.
Mission
MISSIONHero’s mission is to revolutionize the banking industry to make credit more accessible and affordable by unbanked or underbanked, starting in Southeast Asia.
What is Hero Token?
Hero has been created to generate positive financial and social benefits. The Hero Token represents the right to receive the prize, which is part of the earned interest income. It does not represent equity in the company nor has intrinsic value. All aggregate tokens are entitled to receive up to 20% of interest income.
Supporters/Backers and History of Organisation
Supported by venture capitalists such as Softbank, Alibaba and 500 Startups, the organization began operations in the Philippines in 2015 and has since helped thousands of Filipinos gain access to affordable credit.
Alibaba as we know which is one of the largest online market place in the world even they started ali express for normal users apart from big business.. Its online sales and profits surpassed all US retailers (including Walmart, Amazon and eBay) combined since 2015. It has been expanding into media and entertainment industry, with revenues rising 3-digit percent’s year on year”.
Benefits for Hero Investors
Hero tokens are strategically designed to add value to the Hero network:
1)The Hero Token represents the right to receive the prize, which is part of the earned interest income. All aggregate tokens are entitled to receive up to 20% of interest income.
2)Evidence will be pro-rated on funds provided during the token sale. Up to 20% of interest income that can be distributed is transferred to specific Ethereal (ETH) wallets every three months.
3)Buy back: The company may use a percentage of profits to repurchase Hero tokens from the open market at the prevailing market price, therefore the value of the token should be further positively correlated to the success of the project
Social Cause
Social impact of helping underserved access affordable credit
Symbol
HERO
Total Supply
250,000 Ethereum (ETH) worth of Hero Tokens (equivalent to 50,000,000 Hero Tokens). The final number of Hero tokens is defined after the end of the token sale based on amounts contributed.
Token Distribution
Hero Tokens are created and given to buyers as soon as they give ethers to the sale contract. Trading and transferability only starts after the end of the token sale. From a practical point of view, this achieves the same thing as not giving the tokens until after the sale. But from a technical standpoint, we avoid the problem of the token handout at the end of the sale from running into the gas limit.
Price
1 HERO token is equal to 0.005 ETH (1 ETH will buy 200 Hero tokens)
Accepted Cryptocurrencies
Ethereum (ETH), ETH Classic, BitCoin (BTC), Ripple, LiteCoin, Waves
Bonuses
Join us on our journey and be part of the success story of Hero. We are excited to have you on-board.
30% Presale Day 1(First 3h)
20% Presale Day 1(3:01h-24h)
PreSale Over with 1497385 token Sold in 24 hours collected 10 Million
10% Day 2 to Day 3
5% Day 4 to Day 7
2.5% Day 8 to Day 14
0% After Day 14
Accepted Cryptocurrencies
Ethereum (ETH), ETH Classic, BitCoin (BTC), Ripple, LiteCoin, Waves
Related Website and Other Social Media
Website :https://herotoken.io
White Paper : Whitepaper — https://s3-ap-southeast-1.amazonaws.com/herotoken/Hero+Whitepaper_081417.pdf
Bitcointalk ANN Thread: https://bitcointalk.org/index.php?topic=2088817.0
Twitter : https://mobile.twitter.com/PawnHeroPH
Facebook :https://www.facebook.com/PawnHero.ph
Slack : https://herotoken.herokuapp.com
Telegram : https://t.me/herotoken
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=996588