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Honest Mining

ICO

Honest Token (HNST) is the native currency of Honest Mining Platform which will be used for all transaction activities. With HNST user will be able to join masternode, get special discount and other /usage.

Honest Mining lets users earn passive rewards through their mechanism. Rewards are distributed proactively as soon as user’s masternodes receive rewards.

IMPORTANT: By investing in this business you agree to our Disclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.

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Overview

Project industryMining
Product typePlatform
FoundedSingapore

What is Honest Mining

The world associates blockchain technology and cryptocurrencies with decentralization. Cryptocurrencies are decentralized because the technology on which it is based, the blockchain, is powered by anonymous blockchain validators. The validators are those who validate the transactions on the distributed ledgers around the world and keep it secure. Over the year, these blockchain validators have come to be known as “blockchain miners” and “crypto miners”.

While it is true that miners are making the blockchain network decentralized, there are still big barriers to entry that prevents everyone from joining: limited knowledge, limited technical skills, limited financial power, and limited infrastructure.

All these limitations cause fear and uncertainty. A technology that should be transparent is used by a few parties to either maximize profit by monopolizing the market or to make a scam business using the hard-tounderstand “crypto mining” buzzword.

We are HONEST MINING - a company with a simple mission: building trustworthy and easy crypto mining that is accessible to everyone. HONEST MINING will achieve this by looking at both the short- and the long-term impact.

Soon after token has been distributed, we will be launching the next generation of cloud mining for Proof-of-Stakes-based cryptocurrency (PoS). The platform is a highly automated and secured stacking pools with very low minimum commitment. Miners can get their rewards based on the masternode reward distribution without losing any of their collateral. HONEST TOKEN (HNST) will be used for the platform economics.

While we are making sure that the platform is stable, HONEST MINING will seek to grow the mining community even further with Project ALEXANDRIA - a mining knowledge bank powered by the community. As a long-term project, HONEST MINING understands that this is not a simple mission. There are hundreds of active blockchain projects, each utilizing its own unique approach; that being said, we are confident that our current proposal is a step closer to reach our goal.

Details

Token supply: 70,000,000 HNST
Total tokens for sale: 200,000,000 HNST
Soft cap: 5,000 ETH
Hard cap: 20,000 ETH

Legal

Blockchain Platform: Ethereum
Registration country: Singapore
Registration year: 2017

Token info

Ticker: HNS
Type: Utility-token
Token price in ETH: 1 ETH = 7,500 HNST
Accepted currencies: ETH, BTC, TEN
Bonus program:
Pre-ITS: 15% bonus
ITS: 0% bonus
Token distribution:
37.5% - Contributors
35% - Company Reserves
15% - Team & Stakeholders
12.5% - Bonus & Marketing
Funds allocation:
40% - Building Masternodes
25% - Product Development
15% - Company Reserves
15% - Branding & Marketing efforts
5% - Business & Legal

Honest Mining Roadmap

1
2017 + Ideation

Concept Generation
Crypto Mining Research

2
2018 Q1-Q2 + Token Design


White Paper Development
Legal & Incorporation
Seed Funding Raised

3
2018 Q3 + Product Design

Platform Design and Technical Gathering
MVP Development & Validation

4
2018 Q4 + Initial Token Sales

Private Sales
Public Initial Token Sales
System & Integration Testing

5
2019 Q1 + Platform Launch

Internal Acceptance Testing
Token Distribution
Alpha & Beta Launch

6
2019 Q2 + Enhancement

Out from Beta
Constant Improvement for Platform Stability

7
2019 Q3 + New Market Development

New Coin Listing
Community Voting

8
2019 Q4 + Platform Enrichment

Commencing Project Alexandria
Initiating Project Babylon

9
2020 & Beyond + Global Growth

Scaling services
Grow market share

Project team

Lawrence Samantha
Lawrence Samantha
CEO & Co-Founder
Lawrence Samantha linkedin
Edy Senjaya
Edy Senjaya
CTO & Co-Founder
Edy Senjaya linkedin
Dionisius Evan Alam
Dionisius Evan Alam
Head of Product & Partnership
Dionisius Evan Alam linkedin
Edy Sulistyo
Edy Sulistyo
CEO of LOKÉT (Go-Jek Group)
Edy Sulistyo linkedin
Oscar Darmawan
Oscar Darmawan
CEO of Indodax & CMO of Tokenomy
Oscar Darmawan linkedin
William Sutanto
William Sutanto
CTO of Indodax & Tokenomy
William Sutanto linkedin

Advisors

Jeth Soetoyo
Jeth Soetoyo
Token Economy Advisor
Jeth Soetoyo linkedin
Vidy Onadi
Vidy Onadi
Head of Business Development Emurgo Indonesia
Vidy Onadi linkedin
Grady Laksmono
Grady Laksmono
CTO & Co-Founder of Moka
Grady Laksmono linkedin
Calvin Kizana
Calvin Kizana
Co-Founder and CEO PicMix / PlayDay
Calvin Kizana linkedin

Social media

Honest Mining web-siteHonest Mining MediumHonest Mining TelegramHonest Mining InstagramHonest Mining TwitterHonest Mining Facebook

User rating:

5/5 ( 1 )
0

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