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Topic: [ANN][HASH] 🚀 HASHBON ROCKET 🚀 First CDEX fuelled by HASH token! (Read 1205 times)

full member
Activity: 1316
Merit: 105
Congratulations Hashbon has been audited by Certik and the Soft Cap has been achieved. At what stage is the Hashbon token sale at the moment? your site indicates that currently in the pre-sale stage there will be Crowdsale Stage 1 to Crowdsale Stage 4, but there is also information that the token sale will end on November 4, 2021
copper member
Activity: 163
Merit: 2
Pass.Hashbon.com - Anonymous KYC is Now a Reality
Decentralized exchanges have been quiet lately. This is an opportunity for new projects to enter the industry. Hashbon is a fairly timely project to break into a decentralized exchange, in the future this project needs to develop and wait for the cryptocurreny trend or positive market to return. This will make this project successful in the future.
Thank you for sharing your input, Blowon!

You're absolutely correct. We see real utility for Hashbon Rocket which is why we're putting all of our resources into developing the ins and outs of our project. Soon we'll have exciting announcements so if you're interested in staying up to date with our developments, be sure to follow our Telegram and Medium Smiley
hero member
Activity: 1932
Merit: 511
Vave.com - Crypto Casino
Decentralized exchanges have been quiet lately. This is an opportunity for new projects to enter the industry. Hashbon is a fairly timely project to break into a decentralized exchange, in the future this project needs to develop and wait for the cryptocurreny trend or positive market to return. This will make this project successful in the future.
copper member
Activity: 163
Merit: 2
Pass.Hashbon.com - Anonymous KYC is Now a Reality
Guess what, I found this project campaign at https://airdrops.io/hashbon/ It's nice move, you had think to do a campaign there, that's such great place. So I can see the thread https://bitcointalksearch.org/topic/m.58007459
It looks like you have created a signature campaign and got some participants, I just suggest to manage it well. Participants see who is accepted and who is not in the spreadsheet.


Thank you for your positive note, Mandor!

That is correct. We're taking additional steps in order to take our marketing campaign to the next level. If you have any questions, please feel free to ask! Smiley
sr. member
Activity: 1638
Merit: 260
Trphy.io
Guess what, I found this project campaign at https://airdrops.io/hashbon/ It's nice move, you had think to do a campaign there, that's such great place. So I can see the thread https://bitcointalksearch.org/topic/m.58007459
It looks like you have created a signature campaign and got some participants, I just suggest to manage it well. Participants see who is accepted and who is not in the spreadsheet.

copper member
Activity: 163
Merit: 2
Pass.Hashbon.com - Anonymous KYC is Now a Reality
Looks like the team's hard work is reviving this project,
I used to know about HASHBON before, but it didn't get much attention back then, and now things have changed, and I'm starting to see programs being rolled out around this project.
I hope you will soon share some upcoming plans about the project, what are the upcoming listing plans?

We're working around the clock to make sure our products exceed our clients' and investors' expectations. Currently we're working on listing HASH on tier 1 exchanges. All updates will be provided once available on our social media. Be sure to join our Telegram community to know as soon any new details are available. Smiley
full member
Activity: 783
Merit: 108
Looks like the team's hard work is reviving this project,
I used to know about HASHBON before, but it didn't get much attention back then, and now things have changed, and I'm starting to see programs being rolled out around this project.
I hope you will soon share some upcoming plans about the project, what are the upcoming listing plans?
copper member
Activity: 163
Merit: 2
Pass.Hashbon.com - Anonymous KYC is Now a Reality
we are considering givaways. However, conducting one at this early stage could be risky, as these holders could be interested in profits. Meaning that any price increase would result in them selling and the token will be subject to price manipulation. This isn't optimal when considering a utility token.

Well, what make you so sure that ICO-based holders won't just dump too? I find it interesting that there are a lot of project bear this small misconception that investor won't dump their token at the slightest profit, that they'll hold it with their life. I've been watching a lot of ICO and I saw that some (if not most) will dump and quit once they make profit. Presale and rounds sale mostly have a lower price than what'll be put on the market as the official starting price, and some ico investors will think this is enough profit for them and leave for new projects. Crypto wasn't on 2016 anymore where ICO is calculated carefull, it's more of a stepping stone now.

Thanks for addressing your concern, Miiike!

That's a chance we have to take with our community. We're providing a product that has utility for our users. At the same time, we understand that some crypto holders will sell at their own discretion, however, we must be willing to trust our community and our supporters. You may call it faith Smiley
legendary
Activity: 2030
Merit: 1059
Wait... What?
we are considering givaways. However, conducting one at this early stage could be risky, as these holders could be interested in profits. Meaning that any price increase would result in them selling and the token will be subject to price manipulation. This isn't optimal when considering a utility token.

Well, what make you so sure that ICO-based holders won't just dump too? I find it interesting that there are a lot of project bear this small misconception that investor won't dump their token at the slightest profit, that they'll hold it with their life. I've been watching a lot of ICO and I saw that some (if not most) will dump and quit once they make profit. Presale and rounds sale mostly have a lower price than what'll be put on the market as the official starting price, and some ico investors will think this is enough profit for them and leave for new projects. Crypto wasn't on 2016 anymore where ICO is calculated carefull, it's more of a stepping stone now.
copper member
Activity: 163
Merit: 2
Pass.Hashbon.com - Anonymous KYC is Now a Reality
Wouldn't it be more efficient from your side and cost-effective from the holders' side if you just throw a giveaway, then? They don't have to spend money on the new project (thus will boost the likeliness of the will to own the token) and you get your holders plus it act as your publicity. I'm not talking about random people holding from airdrop, I'm talking about rewarding your main project's user
[/quote]

we are considering givaways. However, conducting one at this early stage could be risky, as these holders could be interested in profits. Meaning that any price increase would result in them selling and the token will be subject to price manipulation. This isn't optimal when considering a utility token.
legendary
Activity: 2030
Merit: 1059
Wait... What?
Allow me to go blunt and more direct. What I'm trying to say was, your company decided to open a new sector or project from your main business (or an expansion, if I borrow your words) so shouldn't the fund required to do this expansion came from your own pocket? I didn't understand why an already established company for 5 years asked for a crowdfund just to open a new sector for their business, unless your company didn't have enough fund to run this new sector (hence the crowdfunding).

Thank you for elaborating further on your point, Miiike.

Kindly understand that HASH Token is fueling the platform. The development of the project and marketing costs were all done out of pocket while the only way the project succeeds is if there are HASH Token holders fueling the platform. We have a proof of stake consensus algorithm at the heart of the Hashbon Rocket's functionality. With arbiters being the bloodline of exchanges, a crowdfunding campaign will ensure more holders exist and thus, more stakers and voters (to approve transactions). Running a pre-sale is just a habitual form of offering and acquiring tokens.

If you have any further questions, please do not hesitate to ask.

So the ICO is more to distribute the tokens and increase the quantity of token holders instead of really for collecting funds? Thus, no matter how many eth raised during the token sale is not really matter?

That is correct, Miiike. However, holding a Pre-ICO guarantees that the HASH Token holder is on board with the idea of the platform before purchasing our tokens. The idea isn’t to look for people so they can give us their money, but to inform them regarding what product we have to offer. If they’re on board (meaning they’re interested in holding and staking HASH and therefore, contributing to the functionality of Hashbon Rocket) then they can purchase our token and partake in the platform’s usability once it is live. That is why we chose to take the initial coin offering route.
I hope we cleared up any concerns you may have. Smiley

Wouldn't it be more efficient from your side and cost-effective from the holders' side if you just throw a giveaway, then? They don't have to spend money on the new project (thus will boost the likeliness of the will to own the token) and you get your holders plus it act as your publicity. I'm not talking about random people holding from airdrop, I'm talking about rewarding your main project's user
copper member
Activity: 163
Merit: 2
Pass.Hashbon.com - Anonymous KYC is Now a Reality
Allow me to go blunt and more direct. What I'm trying to say was, your company decided to open a new sector or project from your main business (or an expansion, if I borrow your words) so shouldn't the fund required to do this expansion came from your own pocket? I didn't understand why an already established company for 5 years asked for a crowdfund just to open a new sector for their business, unless your company didn't have enough fund to run this new sector (hence the crowdfunding).

Thank you for elaborating further on your point, Miiike.

Kindly understand that HASH Token is fueling the platform. The development of the project and marketing costs were all done out of pocket while the only way the project succeeds is if there are HASH Token holders fueling the platform. We have a proof of stake consensus algorithm at the heart of the Hashbon Rocket's functionality. With arbiters being the bloodline of exchanges, a crowdfunding campaign will ensure more holders exist and thus, more stakers and voters (to approve transactions). Running a pre-sale is just a habitual form of offering and acquiring tokens.

If you have any further questions, please do not hesitate to ask.

So the ICO is more to distribute the tokens and increase the quantity of token holders instead of really for collecting funds? Thus, no matter how many eth raised during the token sale is not really matter?

That is correct, Miiike. However, holding a Pre-ICO guarantees that the HASH Token holder is on board with the idea of the platform before purchasing our tokens. The idea isn’t to look for people so they can give us their money, but to inform them regarding what product we have to offer. If they’re on board (meaning they’re interested in holding and staking HASH and therefore, contributing to the functionality of Hashbon Rocket) then they can purchase our token and partake in the platform’s usability once it is live. That is why we chose to take the initial coin offering route.
I hope we cleared up any concerns you may have. Smiley
legendary
Activity: 2030
Merit: 1059
Wait... What?
Allow me to go blunt and more direct. What I'm trying to say was, your company decided to open a new sector or project from your main business (or an expansion, if I borrow your words) so shouldn't the fund required to do this expansion came from your own pocket? I didn't understand why an already established company for 5 years asked for a crowdfund just to open a new sector for their business, unless your company didn't have enough fund to run this new sector (hence the crowdfunding).

Thank you for elaborating further on your point, Miiike.

Kindly understand that HASH Token is fueling the platform. The development of the project and marketing costs were all done out of pocket while the only way the project succeeds is if there are HASH Token holders fueling the platform. We have a proof of stake consensus algorithm at the heart of the Hashbon Rocket's functionality. With arbiters being the bloodline of exchanges, a crowdfunding campaign will ensure more holders exist and thus, more stakers and voters (to approve transactions). Running a pre-sale is just a habitual form of offering and acquiring tokens.

If you have any further questions, please do not hesitate to ask.

So the ICO is more to distribute the tokens and increase the quantity of token holders instead of really for collecting funds? Thus, no matter how many eth raised during the token sale is not really matter?
copper member
Activity: 163
Merit: 2
Pass.Hashbon.com - Anonymous KYC is Now a Reality
I would like to join your bounty program.Do you have any bounty?

Yes we do. Here are links to our Telegram Bounty, Reddit Bounty, as well as our Twitter Bounty. You're welcome to join our growing community Smiley
copper member
Activity: 163
Merit: 2
Pass.Hashbon.com - Anonymous KYC is Now a Reality
Project looks great, good job guys. This deserves to be seen! bump

Thank you for your interest in our project!

We're glad to have you on our team, please be sure to follow our social media and our official channels for all the latest updates!  Cheesy

Will the fees be competitive in your platform? Or is it dependent on the network congestion? Because right now the ERC20 transfer is quite expensive as compared to BSC token transfer. And how are you going to streamline the tokens listed in your network? There are so many crap tokens not only in ETH network, but even in BSC, devs are creating crappy BSC tokens. Are there some sort of criteria before being listed in your platform?

Thank you for your inquiry. Here is a detailed explanation of how the fees will be conducted on Hashbon Rocket Smiley


The following parameters and values may later be changed to better match the market conditions:

minVoteWeight

The minimum strength of the arbitrator's vote to participate in the voting process

The minimum number of HASH tokens required - Initially 1000 tokens.

votesThreshold

The threshold of votes in one direction or another, after which the vote for the success of the transaction is completed.

It is measured in HASH tokens (the total vote strength of those who voted for or against) - Initially 100,000 tokens.


arbitratorGuaranteePercent

The guarantee fee of the arbitrator is set as a percentage of their voting power (the total number of HASH tokens they’re holding).

Upon each vote, the arbitrator pays this fee. When voting ends and if the arbitrator's vote was honest (coincided with the majority opinion), the guarantee fee is returned to their balance.

Otherwise, the fee will not be refunded and is charged as a fine and divided among the arbitrators who voted honestly - Initially, 10%.


commissionForDeal

The amount of HASH tokens that the exchanger pays for each successful exchange of their tokens (it does not apply for unsuccessful ones).

This amount is divided between the arbitrators who voted honestly - Initially 1000 tokens


finalVoteBonusPercent

The percentage of the total amount of rewards for the transaction, which is guaranteed to be received by the arbitrator who voted for the success of the transaction last.

It was introduced in order to compensate for transaction costs since the transaction of the last vote produces the most changes in the blockchain and, accordingly, costs more - Initially, 20%.



The voting process and the distribution of commissions, rewards and fines

  • The arbitrator votes in favor of or against the exchange. The arbitratorGuaranteePercent is debited from their balance.
     
  • When a votesThreshold accumulates in favor of or against the success of a transaction, the vote of the last arbitrator who voted determines the outcome of the vote.
             ***All votes corresponding to this last vote are considered honest, and the rest are considered dishonest.
              ***All arbitrators who have voted honestly receive their guarantee fees back.

     
  • The total reward for honestly voted arbitrators is formed, initially equal to zero then increases as the following parameters are met:
             *** If the transaction is recognized as successful, then the commissionForDeal is added to the reward pool, which is debited from the exchanger
              ***The guarantee fees for each dishonest arbitrator are summed up and added to the reward pool

     
  • The last arbitrator to vote receives the finalVoteBonusPercent of the total reward pool
     
  • The remaining amount is divided among all arbitrators who voted honestly (including the last voter).

Everyone receives an amount in accordance with the proportion of their voting strength to the total voting strength (of those arbitrators who voted honestly).

What is your current token price?

You may find and track the price of HASH Token through CoinMarketCap Smiley
copper member
Activity: 163
Merit: 2
Pass.Hashbon.com - Anonymous KYC is Now a Reality
That is partly correct, Miiike. Our company has been operating in the crypto field since 2016 with our own crypto payment gateway and wallet (in the CeFi sector). 2018, however, brought its own challenges causing us to put our business blockchain framework development on hold. Even though the project development was halted, our products were still maintained and online for our users. What was halted is the new product development, which is why the bounty campaign had been frozen.

In 2020 we had the idea of expanding Hashbon FiRe’s utility to the Defi sector. Its development has been active since early 2021 and was not halted at all. Currently Hashbon Rocket is planned to launch on September 9th, which is why this new campaign was launched.

If you need any additional clarification, please feel free to ask us anything. We appreciate your constructive arguments and we hope that we have cleared up our history. Smiley

So, I don't want to sound rude, but it has to be asked, is the cefi sector unprofitable or something? Put in a plain words, you've been around since 2016 and been providing your service for five continuous years, if you score significant or at least adequate profit, when you decided to do an expansion (like 2018 blockchain and 2021 FiRe) shouldn't it be coming from your own pocket instead of holding a crowdfund?

The expansion was not to increase profits. The goal was to expand Hashbon FiRe's utility. We are aware that there's a need for cross-chain exchange and integrating it into our ecosystem would provide a more seamless user experience for our clients.

The platform will be launching on September 9th. The product will be active, while the pre-sale is for HASH Token, which is our utility token. As provided in our roadmap, being a decentralized cross-chain exchange isn't where the road ends for Hashbon Rocket. We plan on expanding its utility further to provide a more rich experience for our users.

This includes adding more EVM-compatible blockchains (the platform will launch with support for both Ethereum blockchain and Binance Smart Chain. In addition, we'll be adding the feature of staking third-party tokens, issuing DeFi bonds, and launching a crowdsale platform.

All of these products will be bundled under our Hashbon FiRe ecosystem, providing users with a smooth experience by expanding Hashbon's usability and thus, functionality within the DeFi sector.

Allow me to go blunt and more direct. What I'm trying to say was, your company decided to open a new sector or project from your main business (or an expansion, if I borrow your words) so shouldn't the fund required to do this expansion came from your own pocket? I didn't understand why an already established company for 5 years asked for a crowdfund just to open a new sector for their business, unless your company didn't have enough fund to run this new sector (hence the crowdfunding).

Thank you for elaborating further on your point, Miiike.

Kindly understand that HASH Token is fueling the platform. The development of the project and marketing costs were all done out of pocket while the only way the project succeeds is if there are HASH Token holders fueling the platform. We have a proof of stake consensus algorithm at the heart of the Hashbon Rocket's functionality. With arbiters being the bloodline of exchanges, a crowdfunding campaign will ensure more holders exist and thus, more stakers and voters (to approve transactions). Running a pre-sale is just a habitual form of offering and acquiring tokens.

If you have any further questions, please do not hesitate to ask.
copper member
Activity: 163
Merit: 2
Pass.Hashbon.com - Anonymous KYC is Now a Reality
When you are gonna list in exchange?

HASH is already listed on a number of exchanges (Uniswap, PancakeSwap, Coinsbit, Burgerswap). We are working on expanding the list of exchanges offering HASH Token and when we have updates, we'll post announcements through our social media. Smiley
jr. member
Activity: 168
Merit: 2
I would like to join your bounty program.Do you have any bounty?
jr. member
Activity: 56
Merit: 1
Project looks great, good job guys. This deserves to be seen! bump

Thank you for your interest in our project!

We're glad to have you on our team, please be sure to follow our social media and our official channels for all the latest updates!  Cheesy

Will the fees be competitive in your platform? Or is it dependent on the network congestion? Because right now the ERC20 transfer is quite expensive as compared to BSC token transfer. And how are you going to streamline the tokens listed in your network? There are so many crap tokens not only in ETH network, but even in BSC, devs are creating crappy BSC tokens. Are there some sort of criteria before being listed in your platform?

Thank you for your inquiry. Here is a detailed explanation of how the fees will be conducted on Hashbon Rocket Smiley


The following parameters and values may later be changed to better match the market conditions:

minVoteWeight

The minimum strength of the arbitrator's vote to participate in the voting process

The minimum number of HASH tokens required - Initially 1000 tokens.

votesThreshold

The threshold of votes in one direction or another, after which the vote for the success of the transaction is completed.

It is measured in HASH tokens (the total vote strength of those who voted for or against) - Initially 100,000 tokens.


arbitratorGuaranteePercent

The guarantee fee of the arbitrator is set as a percentage of their voting power (the total number of HASH tokens they’re holding).

Upon each vote, the arbitrator pays this fee. When voting ends and if the arbitrator's vote was honest (coincided with the majority opinion), the guarantee fee is returned to their balance.

Otherwise, the fee will not be refunded and is charged as a fine and divided among the arbitrators who voted honestly - Initially, 10%.


commissionForDeal

The amount of HASH tokens that the exchanger pays for each successful exchange of their tokens (it does not apply for unsuccessful ones).

This amount is divided between the arbitrators who voted honestly - Initially 1000 tokens


finalVoteBonusPercent

The percentage of the total amount of rewards for the transaction, which is guaranteed to be received by the arbitrator who voted for the success of the transaction last.

It was introduced in order to compensate for transaction costs since the transaction of the last vote produces the most changes in the blockchain and, accordingly, costs more - Initially, 20%.



The voting process and the distribution of commissions, rewards and fines

  • The arbitrator votes in favor of or against the exchange. The arbitratorGuaranteePercent is debited from their balance.
     
  • When a votesThreshold accumulates in favor of or against the success of a transaction, the vote of the last arbitrator who voted determines the outcome of the vote.
             ***All votes corresponding to this last vote are considered honest, and the rest are considered dishonest.
              ***All arbitrators who have voted honestly receive their guarantee fees back.

     
  • The total reward for honestly voted arbitrators is formed, initially equal to zero then increases as the following parameters are met:
             *** If the transaction is recognized as successful, then the commissionForDeal is added to the reward pool, which is debited from the exchanger
              ***The guarantee fees for each dishonest arbitrator are summed up and added to the reward pool

     
  • The last arbitrator to vote receives the finalVoteBonusPercent of the total reward pool
     
  • The remaining amount is divided among all arbitrators who voted honestly (including the last voter).

Everyone receives an amount in accordance with the proportion of their voting strength to the total voting strength (of those arbitrators who voted honestly).

What is your current token price?
legendary
Activity: 2030
Merit: 1059
Wait... What?
That is partly correct, Miiike. Our company has been operating in the crypto field since 2016 with our own crypto payment gateway and wallet (in the CeFi sector). 2018, however, brought its own challenges causing us to put our business blockchain framework development on hold. Even though the project development was halted, our products were still maintained and online for our users. What was halted is the new product development, which is why the bounty campaign had been frozen.

In 2020 we had the idea of expanding Hashbon FiRe’s utility to the Defi sector. Its development has been active since early 2021 and was not halted at all. Currently Hashbon Rocket is planned to launch on September 9th, which is why this new campaign was launched.

If you need any additional clarification, please feel free to ask us anything. We appreciate your constructive arguments and we hope that we have cleared up our history. Smiley

So, I don't want to sound rude, but it has to be asked, is the cefi sector unprofitable or something? Put in a plain words, you've been around since 2016 and been providing your service for five continuous years, if you score significant or at least adequate profit, when you decided to do an expansion (like 2018 blockchain and 2021 FiRe) shouldn't it be coming from your own pocket instead of holding a crowdfund?

The expansion was not to increase profits. The goal was to expand Hashbon FiRe's utility. We are aware that there's a need for cross-chain exchange and integrating it into our ecosystem would provide a more seamless user experience for our clients.

The platform will be launching on September 9th. The product will be active, while the pre-sale is for HASH Token, which is our utility token. As provided in our roadmap, being a decentralized cross-chain exchange isn't where the road ends for Hashbon Rocket. We plan on expanding its utility further to provide a more rich experience for our users.

This includes adding more EVM-compatible blockchains (the platform will launch with support for both Ethereum blockchain and Binance Smart Chain. In addition, we'll be adding the feature of staking third-party tokens, issuing DeFi bonds, and launching a crowdsale platform.

All of these products will be bundled under our Hashbon FiRe ecosystem, providing users with a smooth experience by expanding Hashbon's usability and thus, functionality within the DeFi sector.

Allow me to go blunt and more direct. What I'm trying to say was, your company decided to open a new sector or project from your main business (or an expansion, if I borrow your words) so shouldn't the fund required to do this expansion came from your own pocket? I didn't understand why an already established company for 5 years asked for a crowdfund just to open a new sector for their business, unless your company didn't have enough fund to run this new sector (hence the crowdfunding).
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