Re: [ANN] - HIVE PROJECT - World’s first crypto currency invoice financing platform
Hive | The first crypto currency invoice financing platform!
WEBSITE -BLOG -FACEBOOK -TWITTER -REDDIT -SLACK
ICO crowdsale
www.hive-project.net
Start: June 19, 2017 at 08:00 UTC / End: July 31, 2017 at 20:00 UTC
1. The first crypto currency invoice financing platform!
Hive is a platform that provides new financial liquidity to small businesses by leveraging blockchain technology, giving them a range of crypto-currency based financing options. Driven by the risk-lowering technology offered by blockchain, Hive will bring digital currency invoice financing into the mainstream, slashing costs in the process and creating profits for investors.
2. Why should I participate in the Hive token sale?
When you participate in the Hive ICO, you will not only become a part of revolutionary platform that solves liquidity problems for SMEs, you will also be involved in a multi-trillion-dollar business. Contributors will receive Hive tokens (HVN), which will be tradable on as many exchanges as possible.
3. How does Hive work?
Hive (HVE) uses blockchain (distributed ledger) technology to give every issued invoice a unique fingerprint. This enables businesses to automate the invoicing process and make it available to the general public. We create a central data room for all invoices, with a record kept of the issuer, owner and payer. Invoices can therefore be offered to the market for trading. This will rapidly increase the liquidity available to small businesses and create a central database of invoices available for scoring and auditing. In addition to bridging the liquidity gap for small businesses, the technology provided by Hive will help credit checks to be made on companies and facilitate rapid and real-time auditing.
4. Threshold: BTC 2,000
Should the crowdfunding campaign fail to reach its capital goal of BTC 2,000, all funds will be returned
5. CAP: BTC 10,000
6. Bounties
A total of 2% of our ICO funds will be earmarked for early-stage marketing and bounty payments, which will be distributed to everyone who contributes to the Hive Project ICO.
Bounties are offered for:
- Translations and forum moderation
- Facebook shares
- Blogs
If you would like to find out more, check out our blog or contact us directly at bounties@hive-project.net
7. Timeline
Hive's multidisciplinary team of international experts started working on the idea behind Hive in Q2 2016. With keen interest shown by potential stakeholders in Q3/Q4 2016, the Hive team decided to get the ball rolling.
8. Team
Core team
Advisors
Escrow
9. ICO Crowd sale
Token name
Hive token
ICO Duration
6 weeks
What does this token represent?
Hive grants access to Hive network services.
Pay-out structure
Token owners will be repaid through a token buyback mechanism executed on the stock exchanges where HVN tokens will be listed. The amount of tokens repurchased will depend on the revenues generated on the Hive network. Once the token holders get their initial investment value repaid through buybacks, the project should be treated as mature and attractive for acquisition by key players in finance industry. If a takeover is successful, the proceeds will be split equally for each token.
Total supply
500,000,000 tokens
Price per token
This will be confirmed 7 days after the ICO ends.
Threshold amount
BTC 2,000 - BTC 10,000
Liquidity pool
Above BTC 1,500 raised
Bonus
Week 1 - 15% bonus
Week 2 - 12% bonus
Week 3 - 9% bonus
Week 4 - 6% bonus
Week 5 - 3% bonus
Week 6 - 0% bonus
10. Download Whitepaper
11. Read our blogs:
- The Hive Project's mission is to provide SMEs with the liquidity they need
- The solution: blockchain
- What is invoice financing and why is blockchain the missing link?
- The first crypto currency invoice financing platform to be launched!
- General inquires: info@hive-project.net
- Investment inquires: invest@hive-project.net
- Technical support: support@hive-project.net
- Bounty Campaign: bounties@hive-project.net
Hi, your post says that you are the "first" in invoice trading. Yet, Populous, another ICO just finished successfully recently.
I have noticed a few differences between these two projects, but, can you explain how you will have the "first mover" advantage and what makes this a unique opportunity?
Hey whoareyou4,
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 well 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.
As far as the "first mover" advantage, we believe we have a very strong team, both in terms of financial & tech background. Also Hive Project Fund will offer an advantage as new platforms often face the "chicken or egg problem", where one side of the market is underrepresented. Hive Project Fund will facilitate the funding for SMEs, bringing the SMEs to the platform & making the credit scoring algorithm accurate enough for peer-to-peer stage.
Kind regards,
Hive Project Team