Pleased to announce that we have just finalized our partnership with our first exchange to list HBRS tokens!
More details on the exchange coming soon as we work on the technical details and implementation.
Day by day, brick by brick, we're building and enabling people to use cryptocurrencies each day easily and seamlessly.
Thanks
Ivan
Is that simultaneous with your equity and token sale? I'm confused how equity sale will be conducted? How long do you think will be your exchange listing? This month? And how are you gonna stabilize your basic price of $0.01 once it hit that exchange? This is hard to attain once your token is in the hands of traders. Is this exchange at least known?
Some great questions... as Utku has answered some of the questions I won't go too much into detail but I can explain the thinking behind our strategy.
Is that simultaneous with your equity and token sale? Our equity sale will be held with a partner company called
www.crowdcube.com and it will last around 30 days. This is aimed towards every day, non-crypto people, however crypto investors can participate (we will release details soon).
Our token sale, will last 5-6 months starting with a base price of $0.01 per token, with the price rising by
$0.01 every month (or every 30 days.) More detailed information will be released soon on this thread. The reason behind this is, during those crucial 5-6 months we will increase our global exposure, meaning the growth of the eco-system. Additionally, the HubrisOne app would have already launched.
How long do you think will be your exchange listing? We should be listed within the next few weeks, however, we may, depending on market dynamic pause trading until the first few weeks in 2019.
And how are you gonna stabilize your basic price of $0.01 once it hit that exchange? Great question. We are looking for long-term growth for our community, eco-system, and investors. This means setting a low base-price, for the price to appreciate as the eco-system and utility for the HBRS token grows. Instead of us setting a high ICO price and the price selling-off and crashing when it hits exchanges - we've set the price low, with limited supply will allow room for organic growth for the token, as investors and users of our app discover the token within the next 5-6 months.
Is this exchange at least known? The exchange is a growing exchange, reputable and with a great team behind it, we like their strategy and their mission and it aligned well with our long-term growth goals. This is just one of the exchanges we are speaking to, there are three more in the pipeline, however security, and quality for our community and investors is our priority in terms of listing.
I hope this helps, great questions and happy to answer more feel free to comment! Sign up hubrisone.com
Ivan
