Introduction
The initial idea of cryptocurrency is to serve as a payment system. This was also the vision of the first cryptographer, Satoshi Nakamoto as it was stated in the Bitcoin whitepaper. However, despite Bitcoin gotten a lot of traction globally, it is yet to serve as a means of payment as merchants and retailers feel its unsafe and suspicious of its security.
Over the years, a lot of cryptocurrency or blockchain projects have come up but most of them have failed woefully due to bubble speculations, unfavorable promotions, complex user interfaces, rip-offs etc. DDoS attacks and hacking has also been the order of the day in some cryptocurrency exchanges making the adoption and believe by the general public a herculean task.
Nevertheless, cryptocurrencies built on blockchain technology can still serve as a means of payment worldwide if the volatile nature of this cryptocurrencies are checked or reduced.
People conduct their businesses by buying and selling different items on a daily basis.
This is where HexCash comes in. HexCash creates a market platform where neighborhood members, users and businesses can connect.
What is HexCash
HexCash is a decentralized cryptocurrency fund management program. It creates a platform where neighborhood members, users and businesses can connect. The company wants to resolves the reliability issue that has developed between fund management program and investors over the years by;
- Building an Ethereum blockchain system
- ERC20 token standard
- HODL Reward System & Crypto Exchange based on smart contracts
Features of HexCash
Limited number of tokens
The total token supply of HexCash will be 40 million. The total number of tokens will remain same as there will not be any additional token and this will drive up the price of each tokens as demand increase.
Decentralized
A lot of benefits has come with the decentralized nature of blockchain which includes security and a distributed processing ability.
HODL Program: HexHODL
What is HexHODL
HexHODL is a fund management system based on Ethereum smart contract. HexCash uses Ethereum because of the near zero chances of fraud and high level of security offered by Ethereum. Hodling HexCash comes with a benefit as all invested fund on the platform is protected against market fluctuation with a parallel BOT trading software.
Guaranteed weekly reward on HODL tokens
Hex Tokens > Hodl Reward
100–5000 Hex > 7% weekly reward
5001–25000 Hex > 8% weekly reward
25001–100000 Hex > 10% weekly reward
More Than 100000 Hex > 12% weekly reward
Bonus
- Extra 3% Bonus after the 4th Week has been completed
- Extra 5% Bonus after the 8th Week has been completed
- Extra 7% Bonus after the 12th Week has been completed
- Extra 10% Bonus after the 21st Week has been completed
After the 21st week has been completed, there will be an extra 2% for every investor every week.
ICO Details
Token symbol: HEX
Total supply: 33 million tokens
ICO supply (private & public): 10 million tokens
Price/Conversion rate: 1 HEX = 0.25 USD to 1 USD
Projected sale date: Presale starts 5th May.
Roadmap
May – June 2018: Pre Sale & ICO
July 2018: Internal Exchange Launch
Aug 2018: HEXCASH will be listed on an External Exchanges
Sep 2018: HEXCASH Launches Mobile Apps
Conclusion
Cryptocurrency is still at the early stage of its development and those that take advantage of the possibilities it offers will be at an advantage 5,10,20 years from now. I hope you take this advantage with HEXCASH.
For more information on HexCash, visit;
Website: https://www.hexcash.com/
Whitepaper: https://www.hexcash.com/whitepaper.pdf
Telegram: https://t.me/hexcash
Twitter: https://twitter.com/hexcashofficial
My Bitcointalk Profile link: https://bitcointalk.org/index.php?action=profile;u=1231391;sa=forumProfile