Hawala.Today, acronym HAT, is essentially a bridge between cryptocurrencies and fiat. It aims to enable a much more streamlined approach to trading cryptocurrencies and ultimately encouraging mass adoption.
HAT didn't launch an ICO but airdropped tokens to participating individuals. The community it has garnered has helped to facilitate its acceptance and the returns have been unbelievable.
With the intention of a new exchange, HAT will definitely exert its position as a solid crypto asset.
Hawala.Today App
HAT plans on introducing an app whuch will be created in two major interfaces; the wallet and an exchange. These interfaces will be designed to offer a seamless trading experience.
Hawala.Today Exchange
The HAT exchange will launch as a P2P exchange which enables crypto traders to exchange fiat for cryptos and vice versa. This will be directly between traders without the hassles of any middleman and therefore no fees. However, the only cost for transactions is for gas which is necessary for transfer of ERC20 tokens which HAT will support.
Hawala.Today Wallet
The HAT wallet will allow users to access all compatible ERC20 tokens and also connect their credit cards or local bank accounts. This integration of local payments will enable transfer of fiat currency to the Hawala wallet.
The HAT application is being developed for web, desktop, Android, Mac and iOS platforms with each platform having a dedicated team to ensure it is made available to people in the shortest period of time.
Staking
The HAT wallet offers a proof of stake. This means that it offers an option for staking of tokens held. The tokens will be held for a minimum of 3 days for rewards to be claimed. Stopping the stake before 3 days will make one loose rewards and gas is required to claim such rewards.
As stated above, Hawala.Today aims to encourage mass adoption of cryptocurrency by enabling integration of local payment methods e.g Bank accounts and Credit Cards for the purchase of cryptocurrencies. It will aid businesses in providing alternative and secure payment options where customers can make payments with crypto assets.
Since there was no ICO for the project, Hawala.Today will generate revenue mainly for maintenance, deployment of services and overall sustainability.
Telegram: t.me/hawala_chat
Website: https://www.hawala.today/
Twitter: https://twitter.com/hawalatoday