After the recent dip, I've consolidated 90% of my portfolio only to coins with real-world use cases or significantly undervalued that I believe in and would feel good holding during a similar dip (WTC, NAS, HST).
A lot of coins (and all my other holdings) have been increasing today, but Horizon State has flown low (pre-dip around 5.80/180 million market cap! Currently around ~3.02/96 million mcap) - especially in the light of a strong upcoming two weeks. Listing a high-level of what HST is, and why it has a pretty strong next two weeks and future.
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What it is Horizon State (HST) is the first-mover in utilizing block-chain for voting and decision making. With the recent news regarding fraud and security concerns in voting and the recent crypto-awareness, blockchain is a natural and obvious solution providing transparency and reducing both fraud and voting cost (reportedly from ~7 dollars/vote to $0.50/vote estimated). Voting is one of the most natural and obvious use cases for blockchain today outside of the highly-saturated currency use cases. With crypto-currency becoming mainstream, it's a use case ripe for media attention going forward as it paints an easily consumable picture.
Who is Horizon State Horizon State was spun out of Australia-based MiVote, a company targeting improving democratic elections by simplifying and making voting decisions less binary and more engaging. Elected senators associated with MiVote will use user decisions for their own policy voting. Once MiVote realized what they had in their blockchain solution, and its broader applicability to voting and decision making, Horizon State was formed as its own separate company. MiVote still uses HST as it's foundational ledger and blockchain, so as MiVote continues to grow (chapters around the global, just announced starting trials with India and Belgium soon) the token price of HST has an additional avenue of appreciation outside of its token mechanics.
Token Mechanics Horizon State's token mechanics are novel, and directly aid the appreciation over time. 1 HST token does not equal 1 vote (tokens are divisible - so if a token cost $25 in the future, it won't cost $25 for a vote). Nor will voters be purchasing tokens off the market. Horizon State works with clients (organizations, governments, businesses, etc.) and provides a flat rate based on the clients total vote size (for example, 3 million). HST purchases the tokens off the market, for utilization in the vote. After the vote, 8% of the utilized coins will be burned for additional market appreciation. More info on the token mechanics can be found here: https://medium.com/horizonstate/horizon-state-token-mechanics-104af1dd26bd
Target markets Horizon States target market is anyone from governments, NGO's, enterprises, and organizations. Voting and decision making are extremely common, yet expensive practices in not only governments, but organizations and corporate enterprise.
Even though governments are a perfect fit and a target for HST, a lot of the near-term win is organizations (for example, HST has an association with a United Nations NGO via MiVote) and enterprises. CEO Jamie Skella recently stated that the issue now is that there has been so much interest they are in the situation of almost having too much interest from partnerships/customers than their current state requires (https://www.smartcompany.com.au/startupsmart/news-analysis/voting-blockchain-startup-horizon-state-locks-partnership-united-nations-gears-partnerships/).
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What's upcoming/Why it's undervalued
What you're probably looking for is here. However, while crypto is volatile, I'd recommend digging into the above detials if you haven't. Otherwise you'll end up like me who picked up a couple coins I didn't believe in pre-dip and pulled out when the market dipped as I wasn't confident enough in their value to hold. I lost money on those coins, but with HST I believe in the project so I doubled down and put more money in. Check out the Telegram (state[/url])- it's pretty meme free and most of the token holders are there for the long term because of the utility and promise it has in the marketplace/society.
Here are a few upcoming events and catalysts for the next few weeks that will provide great exposure going forward:
• January 23-25th: Demo at the World Economic Forum in Davos - via MiVote. Huge event in Switzerland (Trump just announced he's attending - not advocating for Trump by that statement : )). This is via an association with a United Nations NGO.
• January 23rd: Presenting to an international delegation alongside Microsoft and Mastercard at the GovPay conference in Jakarta.
• January 25th: Ian Balina and Nuggets News join the Horizon State Community Meetup in Melbourne.
• February 7th-11th: CEO Jamie Skella will be presenting at Pausefest (http://www.pausefest.com.au/).
• Horizon State has applied to a major exchange and are waiting on confirmation if and when they'll be listed (currently listed on Kucoin, Crytopia, Coinspot, Etherdelta (use at own risk) and LiveCoin).
Encourage you to do your own research, join the telegram and dig in. But in the space with thousands of currency coins and several supply chain coins, Horizon State fits an underserved and obvious target market that will gain plenty of political and global exposure in the years to come.
Some various links for more info for your own research that I've come across:
Horizon State Website: https://horizonstate.com/
Forbes - Blockchain Ballot Boxes And Democratizing Distributed Ledger Technology: https://www.forbes.com/sites/madhvimavadiya/2017/10/13/blockchain-ballot-boxes/#2df887a0140d
TechInAsia - This Australian startup seeks to change voting and decision making processes with blockchain: https://www.techinasia.com/talk/australian-startup-revolutionize-voting-decision-making-blockchain
HuffPost: https://www.huffingtonpost.com/entry/australia-the-most-innovative-blockchain-adopter-in_us_59eb5d72e4b092f9f241925b
HuffPost AU: http://www.huffingtonpost.com.au/2017/11/27/horizon-state-the-aussie-company-digitising-the-ballot-box_a_23289669/
Topic: Horizon State is stable at a low mcap 50% of its pre-dip AND a big upcoming week (Read 55 times)
January 20, 2018, 04:25:55 PM
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