Topic: [ANN]Hero Token[ICO]-The Future of Banking in Southeast Asia | TOKEN SALE FEB 1 - page 32. (Read 74113 times)

david [11:01 AM]
:loudspeaker: We are closing the whitelist for the pre-sale soon. Last chance to get 30% extra tokens during the first 3 hours. Just message me directly if you don't have your allocation yet

Whitelist for pre-sale is closing soon everyone.

404We couldn’t find this page. This article must been deleted, great project and concept.

I will follow this thread and get involved.

i have error 404 in the link . Please check

Homepage
404We couldn’t find this page.

_PS. Wenn Sie Ihren Slot für den Pre-Sale noch nicht gesichert haben - mehr dazu , wie man einen Slot bekommen https://medium.com/@HeroToken/hero-token-pre-sale-bonuses-ed98e29c892e_

The Smart Token is now live on the github https://github.com/HeroToken/herotoken-ico


Dear Developers, Security and Blockchain Enthusiasts, this marks the beginning of the Hero Token Bug Bounty Hunt, we await your proposals and findings.

Full Announcement:

Hi Everyone,

We've written a smart contract through which you can purchase HERO tokens and want to take the opportunity to share it with you before the pre-sale is starting soon.

*--->>>  https://github.com/HeroToken/herotoken-ico <<<----*

HERO tokens are fully ERC20 compliant, and we expect to have them included on both the etherscan.io token listing and major exchanges. Unlike other ERC20 tokens, HERO tokens are modified for us to be able to distribute rewards to token owners pro rata. To purchase HERO tokens using ETH, you can simply send the ETH to the smart contract. The wallet from which the money is sent will immediately* receive the HERO tokens, but they will not be tradable until after the sale. For people who will be paying through other cryptocurrencies like Bitcoin, we will be manually issuing your tokens once we have confirmed the transaction details. We expect to be able to do this within three days of the end of the sale. After we have finished issuing all the tokens, we will enable the trading of HERO tokens and make an announcement.

Regarding rewards, we will be putting up a webpage where you can claim your share of distributed rewards. This page can also be used to check how much rewards you have with us. Please note that the rewards will be tied to the wallets which own the tokens at the time the rewards are distributed. In other words, transferring tokens will keep the current rewards with the original token owner but future rewards will be given to the new owner. For technical reasons, you will need to install a browser plugin like MetaMask in order for the page to be able to interact with the Ethereum network.

After this sale is over, no further HERO tokens can be minted due to how the contract is written.

* While this is different from what is written in our white paper it is positive development. From a practical point of view, this achieves the same thing as not giving the tokens until after the sale. But from a technical standpoint, we avoid the problem of the token handout at the end of the sale from running into the gas limit.

*This coming Monday we are announcing an Ask-Me-Anything (AMA) and hope to go into more details. *

_We welcome feedback from the community! You can learn more about our BUG-HUNT Bounty Program on Bitcointalk https://bitcointalksearch.org/topic/bountyico-hero-token-the-future-of-banking-in-southeast-asia-2088859 _

Happy Weekend!

_PS. If you haven’t secured your slot for the pre-sale yet - read more on how to get a slot https://medium.com/@HeroToken/hero-token-pre-sale-bonuses-ed98e29c892e_

Haven noticed what you have done in philipine and online lending, now trying to revolusionize the whole southeast assia, how do you intend to contend with existing blockchains lik ether in order to built confident on your prospective clients...though i admire your mission and operational framework.

When will you start distributing 20% of the interest income to token holders?

What other big projects you think will also be successful? mind if sharing? Many Thanks 

I was always close monitoring Asia development  and i found almost project achieved successfully so i hope for the Future of Banking in Southeast Asia got that soon

Ok got it,thanks for clarifying.

there are lots of info out there.
https://www.herotoken.io/
The presale date is not announce yet though.

The presale is only day 1, the actual sale starts on day 2. Bonuses are available for the first 14 days. Day 15 on there are no more bonuses.Reread it and you will understand.

Out of interest, If you are offering zero% to participants in pre-sale after 14days, Are you impying that in the main ICO there will be no bonus otherwise if there will be bonus does that mean ICO participants during the main sale will be better off than people who participated in pre-sale

An Official Announcement about the Pre-Sale

*Hero Token Pre-Sale Bonuses*

@everyone _(We will only make use of this function for important announcements only - promise)_

It has just been a few fruitful days but we are excited to share with you that we have made significant strides towards getting the word about Hero Token’s goal known — to create a more inclusive banking experience in Southeast Asia.

We introduced Hero Token through various forums like Bitcointalk and allotted 2% of the Token distribution to several Bounty Campaigns — which was recognized by people in the community as one of the biggest bounty pools to be ever awarded on Bitcointalk!

In the last 8 days, #HeroToken has reached over 352,300 unique Twitter users and garnered over 1,142,938 impressions. On Facebook, a total of 481,506 friends and followers have been informed about Hero Token, thanks to the continued support of our bounty participants.

The pouring support and inquiries can also be seen in the Hero Token Slack channel. More than 8,000 worth of messages that inspire not just us, but everyone else who wish to be involved, to help the unbanked and underbanked get access to affordable credit.

From 130 users 8 days ago, now our Slack channel has now crossed the one thousand mark — and we are preparing for the next thousands.

Basing from the popular inquiries we have gotten in the first week, what we would love for you and the other thousands of early believers to know is that the pre-sale will happen soon.

That said we are glad to reveal the bonus / price during the pre-sale; *We are lifting the first secret: Pre-sale participants get 30% extra token.*

*Day 1 is the actual pre-sale. Wherein you will have the chance to get 30% more tokens in the first three hours! If you miss it, the remaining hours of Day 1 offers 20% more bonus tokens. What you should note for Day 1 is that the minimum contribution is 10 ETH and there is no maximum.*

*After a few days, Day 2, considered the actual Token Sale will begin and you will receive 10% more tokens throughout the day. There are corresponding bonuses as the days pass. What you should know for Day 2, is that there is no more minimum amount required to invest. *

BONUSES
PRE-SALE — DAY 1 (First 3H) — +30%
PRE-SALE — DAY 1 (3:01h-24h) — +20%
DAY 2 to DAY 3 — +10%
Day 4 to Day 7 — +7%
Day 8 to Day 14 — +2.5%
After Day 14–0%

_One (1) ETH is equal to 200 Hero tokens. That means that one Hero token is worth 1/200 ETH. Extra tokens are offered to those who commit early. Bonus tokens are allocated on top of the tokens you are purchasing. For example, if you are planning to buy tokens for 50 ETH within the first 3 hours, you will receive 10,000 tokens plus another 3,000 tokens as a bonus (which represents 30% of your 10,000 token purchase), so 13,000 tokens in total._

*How can I be part of the pre-sale?*
Please message @david on Slack or send an email to [email protected] while there are still a few slots left. Hurry! (Tell only your best friends) :wink: PS. No whitelist for less than 10 ETH.

If you already got a confirmation message from David there is nothing else to do. If you want to update or cancel your allocation, please message @david on Slack or email [email protected]

*Curious to know when is Day 1? We are lifting this secret soon* :wink:

- Your Hero Token Team

Important Note:
_Security has always been our utmost priority. We’ve taken additional steps to protect you. As such please make sure whenever you receive a newsletter/email or Slack message (direct or through Slackbot) you verify its content since somebody else might have gained access and is sending those emails. The way to verify those information is by checking if those match our only and official website www.herotoken.io our Slack channel our medium page and our Bitcointalk page, since it’s almost impossible that all means are hacked at the same time._

Yes at the moment there is not much information ...

seem this is a huge project but don't see the day when it's start...

Whether the project is working with alibaba, if it is true this is a truly extraordinary project

all you need to know about  #HeroToken emerged is here, this link contains much information about the technology and company . Find out a whole lot more by visiting our website: https://www.herotoken.io/

https://bitcointalksearch.org/topic/bountyico-hero-token-the-future-of-banking-in-southeast-asia-2088859



We have a Newsletter prepared for today to get everyone up to date with the developments and a few small surprises for the next 10 days, more will be announced in due time.

Hi @everyone

In the last 8 days, #HeroToken has reached over 352,300 unique Twitter users and garnered over 1,142,938 impressions.
On Facebook, a total of 481,506 friends and followers have been informed about Hero Token, thanks to the continued support of our bounty participants.

From 130 users 8 days ago, now our Slack channel has crossed the one thousand mark - and we are preparing for the next thousand.

Because of the feedback we received we have made various growth-oriented enhancements to our Slack
#announcements was renamed to become the new #general
All important *ANNOUNCEMENTS* will be posted here and nobody will be able to comment. For security purposes you should always check if the same announcement was also made available on our Medium page https://medium.com/@herotoken and official website at www.herotoken.io. Btw. there is only one admin/owner in our Slack who is @david and he is using two-factor authentication for almost all his accounts.

#general became the new #announcements and is open to the community for their comments and questions.

The number of people in both channels is almost equal. Only 60 people are missing. For those who are missing, please join the new #announcements

PS. Expect some news tonight (hint: pre-sale)

This was the reply posted on slack by David:

Thanks for posting this. Great to see how deep some people dive before the ask questions.

(1) It is the number of loans not a dollar term. So the  calculations  were made under the wrong assumption and are therefore wrong

(2) 20% but lawyers advised us to use that language...

(3) Will not wiped to 0%. 20% of the interest income

(4) Will need to get back to you on that one.  Pretty sure the 20% would stay as part of whatever deal that might happen in the future.

Hope this helps. Please share also on Bitcointalk

I have a few questions regarding this ICO.

(1) Assuming the top part of the whitepaper on page 17 is in USD, average monthly loan release is 7,745K. Int at 2.99% yields 231K of which up to 20% will be for the investors = 46K per month. Or ~555K for 2019. At max 50M HERO tokens, that translates to about 1 cent of income per token. At the current rate, each token ~$1.50... Is this correct?

(2) The whitepaper says "up to 20% of distributable interest income"... so it could be 0%? How is the actual percentage determined? Is it discretionary?

(3) Is the definition of "distributable interest income" as shown in the example on page 13 and not some accounting term that could essentially wipe this to be 0?

(4) Is there any protection in case of a buyout? For example, if PawnHero gets acquired by another company, does the new company have to follow the terms of HERO token contract? Or can they just say future distributable interest income will always be 0% since "up to" 20% will be distributed.

Any clarification will be appreciated. Thank you.