Quote from: Miiike on Today at 05:14:00 AM

Quote from: Hashbon on September 06, 2021, 09:07:56 AM

Quote from: Miiike on September 03, 2021, 11:08:24 PM

Quote from: Hashbon on September 03, 2021, 05:07:37 PM

That is partly correct, Miiike. Our company has been operating in the crypto field since 2016 with our own crypto payment gateway and wallet (in the CeFi sector). 2018, however, brought its own challenges causing us to put our business blockchain framework development on hold. Even though the project development was halted, our products were still maintained and online for our users. What was halted is the new product development, which is why the bounty campaign had been frozen.

In 2020 we had the idea of expanding Hashbon FiRe’s utility to the Defi sector. Its development has been active since early 2021 and was not halted at all. Currently Hashbon Rocket is planned to launch on September 9th, which is why this new campaign was launched.

If you need any additional clarification, please feel free to ask us anything. We appreciate your constructive arguments and we hope that we have cleared up our history.

So, I don't want to sound rude, but it has to be asked, is the cefi sector unprofitable or something? Put in a plain words, you've been around since 2016 and been providing your service for five continuous years, if you score significant or at least adequate profit, when you decided to do an expansion (like 2018 blockchain and 2021 FiRe) shouldn't it be coming from your own pocket instead of holding a crowdfund?

The expansion was not to increase profits. The goal was to expand Hashbon FiRe's utility. We are aware that there's a need for cross-chain exchange and integrating it into our ecosystem would provide a more seamless user experience for our clients.

The platform will be launching on September 9th. The product will be active, while the pre-sale is for HASH Token, which is our utility token. As provided in our roadmap, being a decentralized cross-chain exchange isn't where the road ends for Hashbon Rocket. We plan on expanding its utility further to provide a more rich experience for our users.

This includes adding more EVM-compatible blockchains (the platform will launch with support for both Ethereum blockchain and Binance Smart Chain. In addition, we'll be adding the feature of staking third-party tokens, issuing DeFi bonds, and launching a crowdsale platform.

All of these products will be bundled under our Hashbon FiRe ecosystem, providing users with a smooth experience by expanding Hashbon's usability and thus, functionality within the DeFi sector.

Allow me to go blunt and more direct. What I'm trying to say was, your company decided to open a new sector or project from your main business (or an expansion, if I borrow your words) so shouldn't the fund required to do this expansion came from your own pocket? I didn't understand why an already established company for 5 years asked for a crowdfund just to open a new sector for their business, unless your company didn't have enough fund to run this new sector (hence the crowdfunding).

Thank you for elaborating further on your point, Miiike.

Kindly understand that HASH Token is fueling the platform. The development of the project and marketing costs were all done out of pocket while the only way the project succeeds is if there are HASH Token holders fueling the platform. We have a proof of stake consensus algorithm at the heart of the Hashbon Rocket's functionality. With arbiters being the bloodline of exchanges, a crowdfunding campaign will ensure more holders exist and thus, more stakers and voters (to approve transactions). Running a pre-sale is just a habitual form of offering and acquiring tokens.

If you have any further questions, please do not hesitate to ask.