Hero Token Pre-Sale Announcement
Dear Contributors:
First, we want to apologize for the radio silence. We’ve been hard at work making sure that we can utilize digital token and blockchain technology to improve the lives of people in South East Asia, by promoting financial inclusion through the creation of transparent and efficient markets. Softbank and Alibaba backed PawnHero has been doing this since 2014 by providing the 80% of Filipinos that are unbanked with access to affordable credit through the first fully licensed and registered online pawnshop in Southeast Asia.
The HERO Token we created was initially built on this vision to support PawnHero with the necessary resources to achieve its social impact goal.
Since announcing the launch of HERO Token, we have reached over 4 million unique Twitter users and garnered over 19 million impressions. On Facebook, a total of 1,122, 284 friends and followers have been informed about HERO Token — a big thanks to the continued support of our bounty participants for helping make this happen. We’ve received more than 2.5 million messages and emails that inspire not just us, but everyone who wishes to be involved, in helping the unbanked and underbanked get access to affordable credit.
However, after spending the last several weeks understanding the evolving global legal landscape around cryptocurrencies, we’ve chosen to restructure the HERO Token. In its original form, the HERO Token may have been subject to certain legal and regulatory requirements which would have potentially limited the availability of the HERO Token and adversely affected the realization of our vision of promoting financial inclusion, transparency, and efficiency.
Our team has been working closely with legal counsels in various jurisdictions to restructure the HERO Token into the HERO Origen Token, and we have completed an independent security and technical audit of the smart contract that now allows us to proceed. Rather than giving the community vague and incomplete information regarding the presale, we decided to stay focused and announce the presale only after clearing all legal and technical matters.
With that work complete, we are happy to announce the
beginning of the presale of the HERO Origen Token on Monday, November 20 at 8pm (GMT+8).The new HERO Origen Token tackles the root problem that the original HERO Token and PawnHero attempt to address. Instead of providing funding for loans, the HERO Origen Token will facilitate the creation of the Hero Capital Market Platform. This will revolutionize financial markets across South East Asia by providing a digital token platform that allows ordinary people and SMEs to access the capital they need, in order to improve their lives and assist in the future development of South East Asia.
After the HERO Origen Token sale, all proceeds collected from the sale will be donated to a non-profit Foundation we are establishing in Switzerland which will build the Hero Capital Market Platform and create a new paradigm for the unbanked in South East Asia.
Based on the opinion of our legal counsels, The HERO Origen Token is not a security or a financial instrument under the laws of Switzerland and the British Virgin Islands. Out of an abundance of caution, we regret to announce that we must nevertheless exclude U.S. persons from the token sale. We also encourage all potential participants to seek the advise of their respective legal and tax counsel before participating in the HERO Origen Token sale.
We welcome the participation of all members of the community, as your continued support will help us achieve our vision. You can read the updated whitepaper on our website
www.herotoken.ioTo participate in the HERO Origen Token sale (same bonuses and bounties apply), please create your account and complete the KYC process at membership.herotoken.io . All existing whitelist registrations remain.
As a security precaution, we have decided to close the Slack community to new registrations after reaching 5,000 members. Any newcomers should sign up for an account on the Hero Dashboard at
www.herotoken.io to stay updated on the latest news and important announcements regarding the HERO Origen Token sale or join our Telegram group.
We look forward to the pre-sale and your continued support.
Yours truly,
The Hero Origen Token Team