[HOPEBOOK.IO] - THE FIRST DECENTRALIZED COMMUNITY FUND IN THE WORLD
As the cryptocurrency markets continue to grow significantly, a bridge is being formed between traditional financial models and the world of crypto. Hopebook, a Decentralized Community Fund (DCF) platform, is an effort to bring crypto-users an additional option in way of how to use their crytocurrencies. This way is further more than an investment channel, it’s about kindness and honesty, but under a special mechanism, it benefits its all participants.
Hopebook actually is a community-based and financial-social network where people help each other. More clearly, this is a community where its members join for voluntary mutual financial support. Hopebook is benefited from the technology of Blockchain and Smartcontract.
DCF provides a protocol for connecting supporters (who transfer their money to others) and receivers (who get the money from those supporters). Smartcontract serves as an agreement between the supporters and receivers, connecting these two subjects together. The use of smart contracts creates digital trust and full transparency between the supporters, the receivers, and the fund itself. Additionally, blockchain technology enables Hopebook to remain decentralized. This means that the risks and benefits involved for both supporters and receivers are equal.
DCF is created with automatic and intelligent algorithm. This algorithm calculates and balances inputs and outputs, waiting time and interest rate to make as reasonable financial allocation for members as possible, ensuring the gaining excess returns, as well as the fair and lasting monetary rotation.
Transparent - we guarantee there are no cheat codes or individual special privileges in HopeBook; every member has equal rights and obligations; every transaction within the system is clear, transparent and un-interfered by anyone, even by the system creators, as the whole system is managed with technology of Blockchain and Smartcontract. So, this is the most transparent financial circulation system in the world.
Decentralized - DCF provides a decentralized platform based on Blockchain technology and Smartcontract, which allows millions of participants to directly support the community and receive the support from the community without any intermediaries. DCF respects the principle of circulated waiting period while the system plays the role of calculating and balancing.
Fairness - DCF is operated with automatic algorithm which is fair to everyone, without any exceptions. Penalties, account blocked or frozen are not applied in this community. Every member has the same rights and obligations and is bound by Smartcontract in which they cannot cheat or shirk.
Automatic - DCF is created with automatic and intelligent algorithm. Your task is as simple as registering to be a supporter and observing the system to search for the receivers and transfer your money to help them. Then, you will be automatically registered as the receivers by THE system before it searches for the supporters who will transfer their money to help you.
Refundable - At any time of funding process, every member has right to vote for REFUND. The voting right depends on member's contributed amount, the bigger the amount is, the stronger his vote can be. If 51% or more of votes choose REFUND, all contributed amounts would be automatically refunded into each member's wallet, corresponding to contribution ratio.
DCF is a great guarantee for the sustainability of the community fund HopeBook. 500.000.000 DCF will be issued for investors inside and outside the HopeBook community. DCF’s token represents the growth and development of HopeBook Community.
Benefits of investors inside the community when holding DCF:
- Share the benefit of 1% of total weekly increased community fund;
- P5 inventors and above will share the benefit of 5% of Developers (taken from system maintenance and development fund) when purchasing DCF.
Benefits of investors outside the community when holding DCF: Share the benefit of 1% of total weekly increased community fund.
This benefit is calculated based on the number of DCF hold by the investor over the total DCF which have already been issued till the closing time. So the sooner the investor owns DCF, the more beneficial it is.
