Post
Topic
Board Announcements (Altcoins)
Re: ⚡️⚡️⚡️ [ANN] HPB – Unlimited Speed Evolution ⚡️⚡️⚡️
by
HPB
on 08/08/2019, 09:39:43 UTC
More about tokenomics, incentives, stacking:
https://www.hpb.io/post-302

1. Blockchain As A Service (BaaS) – HPB coins as payment option:

In recent months we have on-boarded multiple organizations who are utilizing our blockchain and hardware technology. For these services organizations are generally required to pay a service fee charged in fiat currency. To stimulate the use of blockchain technology and specifically our coin, we will offer organizations a discount if payment is made in HPB coins rather than fiat currency.

For instance, if an organization is charged 100,000 dollars for rendered services, we will offer third parties the option to market-buy HPB coins and settle the payment in HPB Coins. If the third party agrees to this option, they are entitled to receive a discount over the total fees.

Additionally, third parties could be offered a discount on smart contract gas fees. For instance, we could offer a transaction fee discount upto 25% depending on the number of HPB held/staked for their DApp.

We believe that this is beneficial for both parties, as the third party will enjoy lower costs, while HPB will see greater adoption of blockchain technology and increasing demand for HPB coin.

2. Long term rewards:

On a periodic basis we will offer rewards to our long-term coin holders and supporters. We will strongly encourage our partners and DApps to issue airdrops to existing HPB wallet holders. Additionally, we will continue to explore additional ways to provide more incentives for coin holders, for instance through periodic campaigns where supporters can receive rewards in the forms of coins, tokens, merchandise, and other types of giveaways.

3. Node Voting Incentives:

Every 3 months the entire HPB community is able to take part in node voting election as a node-holder or as a voter. The elections are extremely important, because it directly influences the governance of our network, therefore we strongly encourage every HPB wallet holder to take part in this process.

In order to boost participation, we will in the future introduce a new functionality, enabling our node holders to issue HPB rewards to their supporters, allowing non node holders to receive direct incentives for participation. This entire process will be managed through a convenient user interface on the HPB Wallet App, which will automatically generate smart contracts based on the rewards issued by each node holder.
 
We are confident that these new measures will further stimulate the use of HPB coins among all stakeholders. We would like to actively communicate and collaborate with our community. Please do feel welcomed to reach out to our team on Telegram for good suggestions. Let us together create a more balanced and decentralized future!