INTRODUCING HIBT

in science •  6 years ago  (edited)

INTRODUCING HIBT


INTRODUCTION

HIBT is a primary token generated by the HIBTC platform; a Malta based crypto exchange that occupies the top 5 position in the world. Currently exchanged below $0.3 per HIBT; but with the prospect of appreciating going by the series of fiscal policies built into the community. The coin has built in functions that has endeared it to investors and other well meaning individuals looking for avenues to invest their hard earned money for profitability.

ICO.jpg
investments

In this article; we'll take out the time to explain these features, and still move ahead to let you know the many benefits associated with the token that made it a head spinner for good investors having liquid portfolios.

GENERAL TOKENS AND ICO FEATURES


Tokens has always been known to possess asset and utility values to the holders. That has been the reason why some individuals will pay huge sums of money to buy into them in the ICO's at a cheap rate, hoping that the value will appreciate for them to cash in at the exchange.
Going down the Memory Lane, we can reflect on the features associated with the initial public offer (IPO). You don't only gain when the company values appreciate at the exchanges, you also benefit from net revenues generated by the activities of the company. To cap it all, as a shareholder to a company (gotten through shares bought at the IPO) you're entitled to the decisions and voting rights going by the number of units of the share you possess.
while the Initial Public Offer appears more robust, the Initial Coin Offering (ICO) appears to be more profitable in a shorter time frame than IPO's; In like manner, ICO's can deplete your capital in similar time frame.

THE SOLUTION = HIBT


HIBTC has looked into the above pros and cons; brainstormed on ways to give the teeming community a comprehensive benefit that can be associated with positive IPO and ICO values and ensure you kick short interval loss of huge fund, good bye. The solution was born into their only Token called the "HIBT". How they hope to achieve this and the features they hope to build into it will be unveiled shortly. Before we go into the details, let's highlight what HIBTC hopes to achieve with HIBT on the platform.

THE HIBTC TOKEN PLANS


The dreams the platform hopes to achieve via the platform includes;

  • Decentralized exchange platform
  • Revenue sharing among HIBT holders
  • Robust and appreciating token

As we discuss these, the HIBT impact will be laid bare and the processes involved explained.

HIBT FEATURES AND IMPACT ON HIBTC PLANS

  • Decentralized exchange platform: almost all the exchanges out there has either a constituted management or stakeholders, who tends to involve in sharp practices that can be detrimental to investors; resulting in loss of interest in the market. To forestall irregularities, HIBTC has decided to vest such decision making authority on the HIBT holders.
    With the aid of smartcontract and the built in utility feature built into the Token, a team of community members will be voted into managing the affairs of the platform while reporting to the community, who votes for or against several decisions that may arise from the constituted team. The constituted authority have the chance of been retained or replaced based on their performances and the community votes.

Here, the HIBT serves as a voting tool for constituting a team and upholding key decisions hence; a decentralized management of the platform.
This settles the dispute between IPO and ICO disparities above where voting and decision making rights were not extended to ICO investors.

  • REVENUE SHARING:
    The holders of HIBT, outside their token value appreciation, stands a periodic chance of having a numerical increase in their Tokens. This results from the revenues generated from the transaction fees charged on the platform, which are shared daily to HIBT holders on daily basis and according to the amount of token each person is holding. The tail end of this is to encourage holding of the Token which has appreciable impact on the Token.

Hence, the Token is a business platform, a revenue generator and will worth every penny invested into it. This settles the issue associated with the dispute raised above between IPO and ICO in respect to benefiting from company revenues and not just profiting from exchange disparities.

ROBUST AND APPRECIATING TOKEN:
while the above listed features of the token were based on the equity and utility of HIBT, which no doubt affects the coin positively, HIBTC has also put up plans to further enhance the token values through dividend bonus sharing of fund raised from mining activities on funds willingly left to be locked up in a specific account meant for it. These and other measures will no doubt make HIBT a complete crypto Token with Utility and asset based values.

WAYS TO GET HIBT
Willing to eat into the HIBT cake? A finite number of 10billion HIBT has been made available to interested investors. 50% of that value will be made available to HIBT holders through through trade free mining; 18% for holders shared fund, 25% for for the founding team and strategic partners, 5% for Cornerstone investors, while 2% has been designated for market promotions.
A tabular explanation of this can be found below:

HIBT ALLOCATION VALUES.png
HIBT allocation

HOW LONG TO REALIZE THIS PROJECT?


The project is kicking off this month end has details of the timeline contained below.

HIBTC ROADMAP.png
Roadmap

It is time to let your crypto investments get stable, profitable and robust. Want a platform where your rights are respected, rights and good values upheld in a secured platform? Go get some HIBTC tokens today!

Consult the reference section for more details.

Thanks!
Karlblaise1

REFERENCES


Website https://www.hibtc.com/#/act/homepage
Whitepaper https://www.hibtc.com/om/about/en-us/whitepaper.pdf
Twitter https://twitter.com/HiBTC_Exchange
Telegram Channel https://t.me/www_HiBTC_com1
Bitcointalk https://bitcointalk.org/index.php?topic=5016151.0

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