HiBTC Just Created Trading Platform

in #ico6 years ago

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The year 2008 was one that changed the global financial milestone. At the time, many countries were trying to scale recession and the few that were buoyant had hectic time curtailing the global recession at the time.
Within the period, the blockchain technology was launched and was later to become a force in 2009 when it delved into trading.

Starting off with Bitcoin, the platform had so far being embodiment of what good financial system ought to be. In apparent show of supremacy against touted speculations regarding its physical use, BTC was used in May 2010 as payment for pizzas. After this, multiple currencies were created and each is fighting to gain acceptance.

HiBTC is a platform specifically designed for crypto trades. There’s no gainsaying the fact that cryptographic trades are mostly in the red partly because of their exchanges and mainly because a viable platform was not in place. The project we have here aims at addressing downsides in crypto trades.

Communal Interaction
As posited by the cliché suggesting that multiple hands get jobs done faster, HiBTC does not delegate itself to centralized control. Though the blockchain that houses many exchanges is decentralized, same cannot be said of its components because of such platform’s obvious control.

HiBTC works in tandem with famous economist, Adam Smith’s rule of labor division and the core principle of power-separation. To this end, the project targets community business model where all participants are part of decision-making. With as little as 5% of its token, HiBTC lets you lend your voice towards smooth running of the platform.

Here’s the Attraction

In view of 500 exchanges and about 2, 000 digital currencies available, HiBTC in its bid to stand out from the crowd is banking on its unique features. First, it is in partnership with prominent security towards that will deploy multi-layer firewalls and also take looks into its codes at intervals. HiBTC created dual wallet and keeps 90% of users’ assets in the cold wallet for maximum security.

As solution to blockchain’s low throughput, there is tendency of the platform’s processing of 2 million TPS rate using its financial grade framework. It intends rewarding users through mining. Adopting the transaction and token holding model, HiBTC issues 50% of its tokens as incentives to users who participated in the mining. The reward is issued through transaction fee mining and payout is on hourly basis.

Shared Assets

The platform wants to facilitate shared assets as against mono-control that was the case. Haven developed the Holder Shared Fund Account; assets that were pushed into the account will be sole property of token holders at the end of mining. Banking on this, users are assured of their assets’ safety. Furthermore, HiBTC leverages financial risks by providing users with guidelines on scaling their investments.

Governance

First, the platform is transparent since it promises to publish in the public domain, information that will be vital to its users. On the hand, its governance is not entrusted to centralized parties but revolves around users. Only token holders are eligible to participate and their scope in decision-making cuts across elections.

FomoHIBT

This is a unique feature native to the HiBTC platform, it is done to boost the platform and reward traders who trade the native HiBTC Token which is called the HIBT Token, this awesome feature is a system whereby HiBTC will set up a prize pool growing in size along with the exchanges growing incomes. HiBTC shall put all of the daily dividend of the account “Holder Shared Fund” into a bonus pool everyday and once someone triggers the preset price of the HIBT Tokens, that reward pool would be distributed to traders of the HIBT token.

Exchange Community

HiBTC can pass for an exchange community because it has the best from both worlds. It disrupts current exchanges by throwing open a community model where end-users are availed participation in transactions. There is also risk-hedging since users are armed with financial skeleton for their investments. Finally, HiBTC allows users take decisions without fear and favor. In same regard, assets can be shared among parties for higher rewards.
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Token Distribution
Incentives: 50%
Investors: 5%
Team: 25%
Holder Shared Fund: 18%
Marketing: 2%

Token Specifications
Ticker: HIBT
Token Supply: 10 billion

Conclusion

We have all heard about the success story of Cryptocurrency, how it was invented by an anonymous person or group of persons known as Satoshi Nakamoto in the year 2009, From it’s humble beginnings in 2009 when the only cryptocurrency in existence was Bitcoin, The term Cryptocurrencies has expended over the years to cover a wide spectrum of over 2000 known Digital tokens and Coins by the 6th of September 2018. All these is built on a technology called the Blockchain Technology whose main aim is to establish a transparent and fair credit society.

In this crucial time when people are yearning for a truly transparent and accountable cryptocurrency exchange, HiBTC became the answer to their prayers and to put an icing in the cake, HiBTC would be giving everybody equal opportunity to be influencial in the platform and also earn passive income just by holding the HIBT token.

Telegram group : https://t.me/www_HIBTC_com1

Twitter : https://twitter.com/HiBTC_Exchange

Website : http://www.hibtc.com/

Whitepaper : https://www.hibtc.com/om/about/en-us/whitepaper.pdf

Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1966814

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