INTRODUCTION
Ever since the emergence of cryptocurrency, the world trading system gas taken a new phase as business is made easier and effective. This innovative idea turned into reality and transformed the global economy and financial sector.
Digital currency also known as cryptocurrency has experienced a rapid growth over the years as it tends to diversify into different sectors and effectively change these sectors. It has been inducted into many sectors which include health, agriculture, etc. It has helped to decentralize funds in these sectors, helped to ease the security of transactions done online, also improved the speed of transaction and lots more, the world appreciates these decentralized yet unified currency.
However behind the ground breaking appraisal the longevity of cryptocurrency is questioned as serious problems are encountered, problems such as security sabotage, duplication or falsifying documents, immoderate charges, internet blackmail, which could hamper the growth and development of digital currency market.
This is the aim of HiBTC to revitalize blockchain, which would prevent these problems.
WHAT IS HIBTC?
HiBTC is a hybridized decentralized blockchain platform, a digital asset exchange platform where exchange is done in all transparency, orderly and in convenience. A system that is not governed or monopolized, a platform that identifies every participant or participator as community member and the inventor of this platform as technicians serving the platform. In this platform equal right is given to every member to control their asset,
HITB ECOSYSTEM AND FUNDING SYSTEM
The HITB token trading platform is partitioned in three phase which are "mining part", "thawing part” and "early putting part”. The ecosystem is designed and structured in such a way that it will be self-operated with the help of artificial intelligence (A.I) self-operation is achieved. Aside the three parts, there are two major features of the ecosystem which are transaction mining and revenue sharing.
Mining part: this is the platform where transaction and exchange takes place; rewards are given based on proportion of participation for hourly transactions made by the user. The mining accounts for 50% reward awarded to the user gotten from transaction and coin holding to mine.
Thawing part: this is the platform where defrosting takes place, the process of decentralizing of funds occurs in this whereby funds are equally distributed among strategic partners, money holders and funding team.
Early putting part: this is the platform that distributes a token of reward to the investors and promoting participants. It is a platform that rewards participants for their trust and commitment. this system is also use to monitor the dormancy of investors, active investors are appreciated with tokens while dormant investors will have their dividend kept in a non tradable currency platform for not participating with in a span of 6 months. This in turn will ensure continuous chain circulation of asset
WHY SHOULD I HAVE HIBTC?
Everyone seeks for that platform where transaction is done without any interference of third parties; HiBTC is ready to offer with customers trust intact.
HiBTC is willing to give back what is gotten from your transaction in form of reward, HiBTC grants reward to participants gotten from minimal transaction fee. The reward gotten as fund gotten can also be use for trading.
The need for a well secured platform, where all data and assets are not tempered with has always been the goal of blockchain; HiBTC has put high security protocols in place, having integrated sophisticated security measures.
HiBTC is the world’s first “Holders Shared Fund” platform.
HiBTC introduces the world’s first “1+1” currency listing dual-channel mode, which completely abandons the rational fee-based currency listing mode. The “1+1” currency listing dual-channel mode includes a platform selection channel and a HIBT holder recommendation channel.
HiBTC is non governing platform governed by every member and participants.
Asides these few, there are other advantages for using HiBTC which includes.
The safety of member’s digital asset is prioritized.
Provision of effective transaction which is fast and reliable.
Handling the issue of risk based on digital currency spot transaction.
Decentralization of revenue to each member in form of Dividend Bonus.
HiBTC gives user right of revenue distribution, right of participation in decision making, right of election and supervision and right of listing recommendation.
FOMOHIBTC
In my previous review I shared with us on FOMOHIBTC. Today I will be showing us how users will be rewarded in this pool. As an incentive to users, HIBTC introduced users to a reward program in which profit in shared account is redistributed and this is called the FOMOHIBTC. this program is a week long programme with a distribution of 850,000 HIBT tokens. The prize pool will be made available to supporters and trade contributors. For more details click here https://www.hibtc.com/#/act/fomohibt
Rule
All users of the HIBTC platform is required to purchase a stipulated amount of the HIBT token within a 24 hours period. This automatically qualifies them for the reward pool. The profit of each user is largely dependent on how much they stake.
Distribution
All funds from the shared account must first be turned into the prize pool as a way of accumulating the pool. Once trading starts, a stipulated rate will be fixed for every trade and once that price is reached the pool will be triggered. The top three positive contributors on every round of pool is rewarded and this is largely based on their contributions or number of token bought. There will be several round of pool, as soon as winners are selected from a round a new pool starts. All winners are rewarded and credited within a day of their selection.
CONCLUSION
Due to the several drawbacks of various exchanges, HIBTC has decided to spearhead an innovative measure known as fomohibtc that will put it in light. Investors are keen on discovering just how well this program can run as it is a salient ground for profit making. FOMOHIBTC is here to reward all traders and contributors.
For more information on HIBTC please use the following links:
Exchange Link: https://www.hibtc.com
Whitepaper: https://www.hibtc.com/om/about/en-us/whitepaper.pdf
Twitter: https://twitter.com/HiBTC_Exchange
Telegram: https://t.me/www_HiBTC_com1
Writer's Info
Bitcointalk Username: yudee123
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1199636
Email: beeeyibio@gmail.com