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HashNet BitEco (HNB)

ICO

HNB is building a decentralized digital economy where individuals and companies can work and exchange products and services with trust and security. Based on its own protocol and dual-token system of HNB and HGS, HNB will act as the connecting center between the digital world and the real-world economy.

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Overview

Product typePlatform
FoundedSingapore
WhitepaperHashNet BitEco White Paper Open
OnepagerHashNet BitEco Onepager Open

What is HashNet BitEco

Just like how the Internet has changed the way we communicate, Blockchain technology is changing the way we transact with each other. The technological evolution is progressing from digitization of information to digitization of assets. Blockchain is promising the world with new disruptive ideas and compelling business value propositions:

  • Decentralization and total transparency
  • Tamp-resistance and trustless in transactional data
  • Disintermediation in transactions to reduce costs
  • Democratization and sharing in community building
  • Institutionalization enforced by computer codes to eliminate corruption
  • Blockchain technology is presenting the world with its daunting vitality and endless possibilities. The conventional centralized and intermediary-based Internet business model will be challenged and eventually disrupted by this technology. Statistics shows that by 2025 the value generated through Blockchain is expected to be $10 trillion, 10% of the world GDP ($100 trillion).

    Blockchain related economies have been explosively growing since the inception of Bitcoin in 2009. However, the development of Blockchain business has still not reached the level that can support the large-scaled real time transactions for goods and services. There are three reasons:

  • Nascent underlying technologies
  • Immature economic models
  • Weak business operations
  • With ever increasing investments, the major breakthroughs in Blockchain technology have taken place in recent years. The technologies such as smart contract of Ethereum, grapheme technology of EOS, evolution of consensus mechanism from PBFT, POW to POS, DPOS as well as a variety of hybrid mechanisms, Lightning Network and zero-knowledge proofs, have greatly improved security, scalability and TPS in Blockchain applications, which laid a solid foundation for the evolution of the next generation of Blockchain applications. HNB team believes that Blockchain-based technology and decentralized processes can revolutionize both on-line and off -line market places and commerce.

    HNB mission is to design a Blockchain based economic operation mechanism for a closed-loop economic entity. HNB believes that economic incentives, when transparent and properly implemented, will motivate people to be both active and good participants in the economic entity, if those incentives can be earned throughout the various processes that run this entity, powered by the communities’ own members. This strengthens the participation and creativity of participants while at the same time allowing the entity to become more dynamic and scalable. The open and vigorous governance mechanism, various business partners, large enough base of users, and the latest technologies help to establish a global self-evolution and self-development HNB economic entity. Based on the next generation of Blockchain technology, HNB team is confident and committed to grow its business entity into one of the largest decentralized economic communities in the world.

    Details

    Pre-sales: Feb 11, 2019 - Feb 11, 2019
    Public sales: Feb 20, 2019 - Feb 20, 2019
    Total tokens for sale: 22,000,000 HNB
    Hard cap: 19,000,000 USD

    Legal

    Blockchain Platform: Ethereum
    Country limitations: China, USA
    Registration country: Singapore
    Office address: 9 battery road # 15-01 MYP
    Centre Singapore (049910)

    Token info

    Ticker: HNB
    Type: Utility-token
    Token standard: ERC20
    Token price in USD: 1 HNB = 0.088 USD

    HashNet BitEco Roadmap

    1
    Q1 2017
    RESEARCH

    Initial project investment and intensive research on decentralized applications and blockchain technology

    2
    Q4 2017
    TEAM FORMATION

    Core team established in Shanghai and Canada

    3
    Q1 2018
    BLUEPRINT

    Decentralized economic model and technical solution design

    4
    Q2 2018
    VERIDICATION

    POC launch, and verification of the HNB economic model

    5
    Q3 2018
    PROMOTION

    DApp SDK and underlying ERC20-based architecture development

    6
    Q4 2018
    CONSOLIDATION

    HNB/HGS ERC-20 based wallet launched

    7
    Q2 2019
    MAINNET 1.0 LAUNCH

    Launch two public chains for the dual-token model HNB and HGS

    8
    Q3 2019
    MAINNET UPGRADE

    Improve chain performance and achieve faster payments

    9
    Q4 2019
    MAINNET 2.0 LAUNCH

    Support sidechain and cross-chain communication. Support merchants to publish digital assets

    Project team

    Ken Lee
    Ken Lee
    CEO/Co-Founder
    Ken Lee linkedin
    Alan Wu
    Alan Wu
    COO/Co-Founder
    Alan Wu linkedin
    Mark Treleaven
    Mark Treleaven
    CSO/Co-Founder
    Mark Treleaven linkedin
    Joe Lee
    Joe Lee
    CMO
    Joe Lee linkedin
    Tony Chang
    Tony Chang
    CTO
    Tony Chang linkedin

    Advisors

    Richard Wang
    Richard Wang
    DFJ Dragon Fund
    Bill Ming
    Bill Ming
    CEO Creative Fund
    Meng Qinghai
    Meng Qinghai
    My Tech Fund
    Zhu Kang
    Zhu Kang
    BN Capital
    Rain Huan
    Rain Huan
    Atlas Capital
    Yu Jianghong
    Yu Jianghong
    My Tech Fund

    Social media

    HashNet BitEco web-siteHashNet BitEco MediumHashNet BitEco TelegramHashNet BitEco LinkedInHashNet BitEco X (Twitter)HashNet BitEco DiscordHashNet BitEco Github

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