[ANN][SALE] Hdac - Blockchain-based IoT contracts by Hyundai. 27th November

[Jcga]

"Our adviser, Larry Kim, gave a speech yesterday regarding 'Private IoT blockchain & M2M currency' at the inside fintech conference.
and here is the picture of the Hdac+ HyudaiPay team at the booth."



=> https://twitter.com/hdactech/status/936412473615204352


or

[mme1022]

DAC are the tokens allotted for Hdac token holder, while Hdac is a platform that has been based on a blockchain set - up. This also is stated to be one of the first of its kind when the question is about excellent communication among the IoT (internet of thing) devices. In addition, this M 2 M or the machine - to - machine transaction makes this platform to perform in a much better way in this particular field.


So, my question here is that when total issuance amount is said to be about 12 billion dac from which 7 percent is for capital reserve and the next 7 percent is for TGE participants; then how will the rest of the DAC tokens (which equals to 86 %) be distributed?

Hey sudhakark.
(7%)840 million coins upon release; (7%)840 million for infrastructure, eco-system and liquidity.
The rest of the tokens will be mined during the next 170 years. The total token amount of the Hdac blockchain is 12 billion DAC. The first block reward begins with 5,000DAC before token halving. The block generation cycle is 3 minutes, and halving is set to reduce the reward by half for every 840,000 blocks. That is, the block reward is reduced by half approximately every 58 months since the Genesis block was created. The tokens generated by the first block reward are 2,640,000,000 DAC, and 12% of the tokens will be used for creating infrastructure, and an ecosystem to implement Hdac technology, boost its transaction, and also for liquidity management.It maintains the associated value of the DAC by reducing its supply. It also creates a strong incentive to setup and run HDAC nodes.

Which means that the rest of the tokens that will be mined distributed among the system and the miners. 

[GayEddie]

This project is great but why less participant in the ann thread?
Probably it get kick out fast by other spammy thread?

[Arya_anime]

All bounty project is profitable
We hope you are responsible for this project so that no one is harmed
success for your project in your handle, sir
thank you.

[ronald0cz]

Hi devs, do you have KYC procedure or all interested investors can easy take part in your ICO?

[mme1022]

This project is great but why less participant in the ann thread?
Probably it get kick out fast by other spammy thread?

Hey GayEddie.
What do you mean by "why less participant in the ann thread?".
Can you please elaborate?

All bounty project is profitable
We hope you are responsible for this project so that no one is harmed
success for your project in your handle, sir
thank you.

Hi Arya_anime.
We are not aiming to make harm to anyone, every bounty participant will get his share. 

Hi devs, do you have KYC procedure or all interested investors can easy take part in your ICO?

Hi ronald0cz. We have a KYC procedure which is pretty simple and takes only 6 min.

For more info please visit Hdac website and join Hdac official Telegram channel.

[Fire Rabbit]

Just saw this link. Its really a wonderful project backed by Hyundai. Going to join its bounty program.

This project is great but why less participant in the ann thread?
Probably it get kick out fast by other spammy thread?

You know something. If an ANN thread has got more participants, then you should read the thread twice or thrice because most of the ICOs(atleast 60%) with large number of participants in their ANN thread are really fake ICOs. They just hire participants to bump their ANN thread . So be careful if you come across that type of thread.

[Zero1One0]

It would be good to have on the main website how many btc has been collected so far -> https://hdac.io/#menu0
The ICO status as to many btc has been collected to date will create FOMO.

[hackzang12]

Where are the current ico states? ICO started before 5 days but i cant find any numbers (sold tokens, received amount) on their webpage.

We currently don't have any information on the numbers.

I'm interested to buy some stakes here. can someone tell me is the CEO of this token is the owner of Hyundai international? and when will be the end of ICO?

The CEO of Hdac is Dae-Sun Chung. The TGE will end when 6,000BTC is reached or December 22, 2017 11:50 PM, GMT+1. Whichever comes first.

That's big!. And how about the circulating supply? Do I get discount if I avail? Do we require to pass the KYC and AML ?

[jacafbiz]

Just saw this link. Its really a wonderful project backed by Hyundai. Going to join its bounty program.

This project is great but why less participant in the ann thread?
Probably it get kick out fast by other spammy thread?

You know something. If an ANN thread has got more participants, then you should read the thread twice or thrice because most of the ICOs(atleast 60%) with large number of participants in their ANN thread are really fake ICOs. They just hire participants to bump their ANN thread . So be careful if you come across that type of thread.

I do support your point so many people were paid to bump up a thread just to create attention and make it visible, this project is enough to sell itself, all you need is to understand the project and what they are doing, the team is sound and have good partner in Hyundai

[Imran1271]

I did not find information what is a soft cap? If the project will not reach it will be a refund for investors?

is this my queries too, hdac is only accepted bitcoin nothing else but I have a lot doubts about their target if it is 6000 btc. there are no enough info about their ico in details..

[Thenik87]

Where are the current ico states? ICO started before 5 days but i cant find any numbers (sold tokens, received amount) on their webpage.

We currently don't have any information on the numbers.

I'm interested to buy some stakes here. can someone tell me is the CEO of this token is the owner of Hyundai international? and when will be the end of ICO?

The CEO of Hdac is Dae-Sun Chung. The TGE will end when 6,000BTC is reached or December 22, 2017 11:50 PM, GMT+1. Whichever comes first.

That's big!. And how about the circulating supply? Do I get discount if I avail? Do we require to pass the KYC and AML ?

As far as the supply goes -  12 Billion over 170 years.
Tokens for sale: 840 million coins upon release; 840 million for infrastructure, eco-system and liquidity

There are some bonuses available as well:

0.1 BTC = 1,800 dac + 400 bonus =2,200

[Energy_girl]

Hi there, the chinese channel Hdac is launched. https://t.me/hdac_chinese . Please join

[emreunsal10]

I'm joined this campaign, it seems like a good project. I hope the best. Good job developers.

I will ask one more thing, are Hdac and IoTA competitors?

I see admins answer the questions, nice attitude. Can you answer my question too please, do you have any competitors?

[parkerjumps]

Hi there, the chinese channel Hdac is launched. https://t.me/hdac_chinese . Please join

Thank you for building & posting this - we'll also be making people aware in the English Hdac Telegram channel, and it's nice to have an even bigger international Hdac community!

[sudhakark]

How does HDAC rack up against a similar business called mobodexter?

[karmakeddon]

That's big!. And how about the circulating supply? Do I get discount if I avail? Do we require to pass the KYC and AML ?

Initial circulating supply will be 840 million coins. Those will come from the pre sale, TGE and bounty participants. If you join the TGE now, you will be getting 1,800 DAC + 400 DAC bonus per 0.1 BTC. You can participate the TGE and send the KYC documents afterwards. If for some reason you do not pass the KYC, your money will be refunded back.

I see admins answer the questions, nice attitude. Can you answer my question too please, do you have any competitors?

Iota is the main competitor of Hdac, seeing that they are in the same business which provides an IoT platform.

How does HDAC rack up against a similar business called mobodexter?

Hdac already has infrastructure in place, which will give them an easier way of implementing the project on a real world application.

[eye4bd]

Where are the current ico states? ICO started before 5 days but i cant find any numbers (sold tokens, received amount) on their webpage.

We currently don't have any information on the numbers.

I'm interested to buy some stakes here. can someone tell me is the CEO of this token is the owner of Hyundai international? and when will be the end of ICO?

The CEO of Hdac is Dae-Sun Chung. The TGE will end when 6,000BTC is reached or December 22, 2017 11:50 PM, GMT+1. Whichever comes first.

Hi
After trying to
learn by own, the return is Zero.
And now it's Crystal clear there isn't
to know about Hdac TGE progress till open for investing!
The rule will folliw 22 December or 6000 BTC, which come first from them will be the winner!
Well, I'm ok with that. But would
love to know why Hdac following such a rare way? If  anyone wants help me to learn!

Thanks!

[Iruwen]

So they got 13k BTC from presales and 6k BTC from the main sale? That's more than $200m in funding. Don't you think that this might be a biiit too much maybe?

[eye4bd]

So they got 13k BTC from presales and 6k BTC from the main sale? That's more than $200m in funding. Don't you think that this might be a biiit too much maybe?

Hi
Hdac crowdsale
hard cap 6k btc make wonder
why they they has set such a small figure for highest total.
If we think about the brand
value Hdac will enjoy is enormous! It's about Hyundai BS&C. By real life we used many things has been not just test the flavor, there wasn't any alternative!
For me total funding Goal from TGE was too conservative!

Thanks!