Topic: [ANN] - HIVETERMINAL - Blockchain based invoice financing platform - page 108. (Read 111046 times)

Hello,

How Can I reserve bounty for arabic translation of the annoucement?
Thanks in advance

Great...thank you for the great explanation - it makes more sense now...both are catering different segments of the invoice market...

I wanted to subscribe to the 'pre-launch' on 19th June and hit my email address multiple times on the site - but nothing seems to happen!  Do you know why?

Did you guys postpone the ICO? The website says 14 days until ICO now....

Hey cryptohome,

If I understand correctly, Populous´s aim is to become invoice exchange platform, where you can buy & sell invoices.

However, Hive Project is aiming at something different: Hive Project uses invoice factoring to get the invoice entry into the system. We will first provide the initial credit score by evaluating publicly available historical data on the business. In the first stage of Hive Project platform, we will create a Hive fund that will itself lend to small businesses. That will also enable us to gather more data on the business  In the beginning, we expect the credit rating to be less accurate because we’ll have less data to work with. Therefore we will be lending smaller amounts with more commission to fine-tune the algorithm & historical data in order to be able to lend higher value with less commission expenses.

The next step will be to provide you with historical data & credit rating system to enable peer to peer lending like an exchange, but the end goal for us for Hive Project to become an ecosystem for credit scoring of the companies and 3rd party auditing. Populous aims to be the invoice exchange.

To kickstart our journey, we will have the Hive Project Fund buying invoices in crypto, however later on, it will be an ecosystem with data offered to the market.

Kind regards,

Hive Project Team

Really? Spreadsheet is private?

How will you distribute coins and steaks? This should be transparent. Spreadsheet must be public. Everyone should be able to verify the correctness of the distribution.

Look at the other bounty campaigns. All the Spreadsheets are public.

I don't understand what you mean, it's a email...how do you load it? 

Hello there!

I try to load this page [email protected] and my browser says it is no safety, tell me plz whats wrong with it?

Guys,

Noob here.  I am from finance background and know the real pains of waiting to be paid and think leveraging the invoice financing is brilliant.  I am confused about the difference between Hive project and Populous.  Both are claiming to be the first in the Invoice Finance space.  Are they both planning to do same thing or is there actual difference in the offerings? 

Anyone shed some light?  Thank you for your time...

Hello everyone,

I would appreciate any guidance on my progress on participating in ICO.

My account has been verified but I can't see any log-in button on the dashboard

Kind regards
Utku

The table of participants will not be made public, it is intended for the team. We will send out the thank you e-mail to all registered participants, so don't worry if you haven't received the e-mail yet, it is entered in our system. The bounty registration process is ongoing until successful end of ICO.

Kind regards,

Hive Project Team

Hey jrussell,

in my understanding of Iconomi's DAA, you give your money to Iconomi & they invest it across different cryptocurrency projects to disperse your investment risks.

In contrast, Hive Project platform enables owners of SMEs to sell their invoices to solve their liquidity problems. Let's say you have a business that sells a sports shoe materials to Nike. They order a lot, but you only get your money in 30/90/120 days. With Hive Project platform, Hive Project Fund buys your invoice for a little less then what Nike would pay you the next day. Then in 30/90/120 days, Nike pays Hive Project Fund the money they originally owed you. Your business has liquidity (to make payroll, buy new materials, outsource your new shoe design, etc) & grow faster without the fear of financial problems.

But we're not done yet. Hive Project Fund is only the first step of the project. We will feed all the financial data we get on the business to an algorithm, that will get more accurate at credit scoring businesses with every invoice. The second step is peer-to-peer lending. Essentially that means you'll use a HVN token to buy an invoice & financial data on businesses involved from Hive Project & then you'll be able to pay business X a discounted invoice rate & receive a full payment in 30/90/120 days.

Hive Project's end goal is to become the source of credit scoring & 3rd party audit data.

Please feel free to ask any further questions, we're here to help & hopefully, change the future of SME liquidity together.

Kind regards,

Hive Project Team

as we have previously said, the participant spreadsheet is used only internally by the Hive Project Team. If you applied for Facebook & Twitter bounties, you're automatically accepted. If you're worried your application got lost somewhere on the internets before reaching us, please send me a DM and we can check.