HiBTC is a platform created to phase out the problem of exchanges. Its an exchange platform that enables users to change their cryptographic currency from one form to another. With this being done by the HiBTC platform, users will now be able to buy some goods and services which are sold with other cryptocurrency. All they need to do is to go to the HiBTC platform to change their cryptocurrency currency The HiBTC platform has promised its users of a platform that is safe, efficient and convenient for users with the aim of digital asset trading or cryptographic currency trading. The HiBTC platform will also be organized and transparent with its dealing with users. This HiBTC platform is also open to professional investors who are interested in the HiBTC project.
HiBTC may also introduce a “Dividend Bonus Program”. Users can voluntarily enroll inside the software with aspect or all the HIBT it holds, that may get pleasure from other proportions of dividend bonus besides the fundamental dividends. whilst a consumer makes any transaction on the platform, besides obtaining the aim assets, it will probably also receive [mining generated HIBT + fundamental dividends + dividend bonus]. All mining information and dividend information above can be published in real time and clear and accessible.
Token Information HiBTC
HiBTC Token (HIBT) is the in simple terms token issued by the HiBTC platform, no longer in simple terms as a virtual asset, but additionally mewakili semua kepentingan dan hak pada platform HITBTC. guarantees to usually allocate the platform sales to all HIBT holders; on the similar time, the “transaction + token holding” mining style (“proof of mining hours + evidence of equity” mechanism) is adopted, and 50% of the HIBT issued is rewarded to customers via transaction processing payment mining.
HiBTC Token Allocation
Total supply: 10 billion
50%, Trade-fee mining reward
18%, Holder shared fund
25%, Founding team and strategic partners
5%, Cornerstone investors
2%, Market promotion
Trading as Mining
50% of HIBTC Token (HIBT) is rewarded to users through trading process. Users will get an amount of HIBT when they are trading on HIBTC Exchange. Every time when a user paid trading commission, HIBTC will reward an amount of HIBT. There are three factors decided how many HIBT can a user get. One is the trading commission paid, another is the current price of HIBT, the last one is the rate of fee return.
The HiBTC token (HIBT) is the only token released by the HiBTC platform, and not only as a digital quality, but also represents all the rights and interests of the HiBTC platform. HiBTC guarantees that the revenue from the platform is often divided into all or all of the HIBT holders, and the Transaction + Token mining model ("Mining clock proof + proof of fairness") is processed at the equivalent time.
For an example, when John buy 1,000 Bitcoin(BTC) on HIBTC, HIBTC will charge a 0.1% fee, which in this case will be 1 Bitcoin. When HIBTC received the commission fee which would happened instantly after John finish the trade, HIBTC will reward John with 1 Bitcoin worth of HIBT, if the rate of fee return (a%) is 100%. This reward will be release every one hour.
Users can increase their miner grades by increasing the HIBT holding balance, the higher grade miners will get a higher rate of fee return (a%) and the upper limit of mining per hour. To maintain a long-term and steady development of the platform, HIBTC will limit the hourly mining quantity for each account. HiBTC shall be committed to the unique innovative model of HIBT and try to bring more premium trading experience and more bountiful incomes for the investors.
Revenue Sharing
HiBTC will arrange a prize pool rising in measurement alongside with the exchanges rising incomes. HiBTC shall position the 100 pc of each day dividend of the account “Holder Shared Fund” into the bonus pool, each day earlier than human being causes the price. Once the pool is triggered, the HIBTs buying and selling contributors of the day might be distributed all prize inside the pool.
HiBTC guarantees to usually allocate the platform sales to all HIBT holders and the rest aspect might be used for platform operation. Without the establishment of a board of directors or shareholder meeting, the proper to make decisions on important issues, sales rights, management rights, etc. shall be totally again to HIBT holders. HiBTC will picture the HIBT preserving standing of all customers and calculate the dividend distribution scheme according to the platform sales inside that hour and the ratio of HIBT held by each user. Each day accumulated dividends might be launched the subsequent day. HiBTC will publicize all information comparable to consumer interests on a real-time or typical basis, adding but no longer restricted to platform transaction data, sales data, mining data, and voting data, which shall be queryable, traceable and verifiable. We are fairly practicing transparency, equity and honesty.
More information visit link below
Website: http://www.hibtc.com/
Twitter: https://twitter.com/HiBTCExchange
Telegram: https://t.me/www_HiBTC_com1 & https://t.me/www_HiBTC_com2
Whitepaper: https://www.hibtc.com/om/about/en-us/whitepaper.pdf
Author : remuy24
https://bitcointalk.org/index.php?action=profile;u=1090863
ETH : 0x7DCE7A9a7B4E2e6F15fcb1299e187cBebbE7480c