[ANN] [ICO OPEN] HONG: Everyone's Venture Capital on Blockchain

Minimum 200M and capped at 500M number of tokens.

Quote from: Golftech on July 25, 2016, 11:47:21 AM

let see how this coin works if the dev is to active maybe we can get progress about this project that he create
how much would be the target for this ico mate?

Can join our slack channel to get more updated. http://slack.hongcoin.org

Quote from: ricku on July 25, 2016, 11:09:40 AM

Just like a nightmare this ico coins came back to the cryptocoin scene and they often received peoples funds and ran away not to mention any coin.
I will be watching this to see how it goes.

Interesting project. Looking forward to ICO.

Interesting project - is an asian project as well I will be looking at this closely.

Congratulations you have been added to http://icocountdown.com

Lets get some eyes on this code guys https://github.com/hongcoin

http://slack.hongcoin.org/

Quote

Welcome to the New Beginning: DO & Man+Machine Teaming

Cryptocurrency can be part of our real life, by being coded into smart devices, and linked to business operations and even social good. However, the DAO's experience, designed as an autonomous organization that was supposed to run investment activities administered by smart contracts, proves to be "too human" by the most recent acts from community in response to the exploit in its smart contract. Despite the best efforts, it shows that machines are not adaptive enough for the complexity of real world.

Thus, in order to make a successful and viable system, man and machine should well collaborate to best perform the advantages of each, instead of surrendering to each other. Human should do human's work, and machine should do machine's work.

Hong Coin is created in this spirit, as a venture fund on the Ethereum blockchain. It is a Decentralized Organization(DO), meanwhile being manageable and accountable, by using Man+Machine Teaming(MMT) design. This spirit is enforced through publicly verifiable smart contracts enabling token(Hongcoin) issuance to investors and putting collective voting power in their hands, and a team supporting daily operations and portfolio management for the Hong Coin community. Using this design, Hong Coin can reach the highest level of performance with unprecedented levels of security, manageability and transparency.

We believe the future cryptocurrency will be fuelling the whole connected society and linking distributed elements together. It is not about vision correct or wrong, it is about near and far. From near to far, we ask for the community to join us to make a new beginning together.

Hongcoin ICO will commence on Aug 13th, 2016. Visit our site and join our Slack channel to find out more: http://slack.hongcoin.org

How It Works

Here is an illustration of How Hong Coin works using MMT:

And watch our online video introduction to understand more.

Hong Coin Bounty Scheme Version 1.0

1. Github issue raising (20 Ħ)
2. Publish blogs/articles for Hong Coin (20 Ħ)
3. Recommend to a community with responses (20 Ħ)
4. Active slack conversations (20 Ħ/week)
5. Retweet @hongcoins tweet or write tweet about #hongcoin @hongcoins (5 Ħ)
6. Volunteer to validate above sharing (100 Ħ/week)

Welcome new ideas to help advocate Hong Coin concept and facilitate discussions. Your ideas will be rewarded as well.

More on #bounty channel in our Slack.

Some Links

Our site:[/b] http://www.hongcoin.org
Github: http://github.com/hongcoin
Whitepaper(draft): here
Slack: http://slack.hongcoin.org
Medium: @hongcoin
Youtube: Hongcoin Channel
Twitter: @hongcoins

a very interesting project, good luck dev

This project seem like doing too little too many. Is this not another DAO related project? Curious 500 million token

Pls reserve turkish translation for me. Thanks

I've been following your twitter, good luck with your coins
cheers

please reserve indian translation for me.

Interesting project. Looking forward to ICO. Good luck

Quote from: Sam123 on August 01, 2016, 05:15:16 PM

Interesting project. Looking forward to ICO. Good luck

This project has very interesting things in it, probably secrets that people aren't even aware of yet.

Bounties are available for ethereum developers to analyze the smart contract code:

https://github.com/hongcoin

Much more like a consensus driven DAO or something similar. I would better watch this closely. Maybe it'll present promising projects.

congratulations！

review from btc12.com http://btc12.com/2016/08/11/hong-thebadcheck/

http://btc12.com is a blog dedicated to provide insides of newest ICO and altcoins for Chinese investors, bridging most promising ICO to noobs.

Enjoy!

Quote from: cyberhacker on August 11, 2016, 12:57:53 PM

Awesome article! Do you have QQ?

Everyone should participate in the bounties for this project, dev can you outline it a bit more apart from the slack?

Interesting conception, I'm tracking the project.

By the way, my post on Steemit regarding Project HONG:
https://steemit.com/bitcoin/@arvydas/hong-a-decentralized-venture-fund-on-blockchain