A revolutionary project emerges in blockchain world. The project, which is called Hive, is targeting two big markets, cryptocurrency market and invoice financing market. If this project successfully obtains supports from public, this project seems to reach a big attainment in the future. It is because they are not only dreaming but also they create an innovative system that offers solution.
Seeing that invoice financing market grows fast with two-digit growth each year and becomes multi-trillion dollar market, Hive want to catch the opportunity in this market. Cryptocurrency market is also growing fast to the level of astounding. Hive then try to bring the two markets into one. The result is a new invoice-financing platform based on cryptocurrency. Their goal is to make digital currency invoice financing to the mainstream.
Apart of creating revenues from targeting two big markets, Hive is also driven by the incredible advantages of blockchain technology, which are transparency and fast automation process, to create a better solution for liquidity gap of small businesses. By using blockchain technology, Hive able to help business create automatic invoicing process and make it available to public. They create central data for invoices than keep the record of issuers, owners, and payers so the invoices available for scoring and auditing. As the invoices become tradable, liquidity available for the business will increase swiftly. The technology is also helpful for business to make credit checks on company as well as execute rapid and real-time auditing.
Blockchain technology is advantageous and promising a better future. It slashes cost while bringing profits. That is why Hive brings blockchain technology to invoice financing market. They want to create a better future for small businesses while creating a new way for investors to invest their cryptocurrency in revolutionary platform.
Time to Invest in Hive
After a year of development and successfully passed the tests, Hive is now offered to public. The token sale is on the run. The ICO is scheduled to run for 6 weeks. The six weeks would be the time for Hive to obtain supports and become the point of decision whether they could continue the project or not.
The token of Hive is called HVN. The token would be an investment instrument as it become tradable in the exchange market where Hive is listed. For sure, this token is the key to access the revolutionary network of Hive. Investors could expect to gain benefits from digital currency invoice financing as well as digital currency trading.
Total token would be created in the ICO is 500,000,000 while the threshold of the ICO is BTC 2,000 – BTC 10,000. The price of the token would be decided a complete week after the closing of ICO. During the five first week of token sale, bonus would be given to the participants. The bonuses will gradually reduce by week. The scheme is:
• 15% of bonus for the first week
• 12% of bonus for the second week
• 9% of bonus for the third week
• 6% of bonus for the fourth week
• 3% of bonus for the fifth week
Participants who contribute in the last week not get any bonus. Therefore, investment should be made faster while the ICO is not yet come to the last week.
Future Plan
The project will only continue if the ICO successful. If the crowd funding could not reach the BTC 2,000 capital goal, all funds would be returned to the participants. If the ICO successful, they will continue the project with putting the token to be listed on exchanges and start to generate revenue.
The payout structure would be done by buyback mechanism on the stock exchanges where Hive in listed with the amount of buyback would be depending on the revenue generated. Hive will only considered as mature when all investors get their initial investment. The matured Hive would be attractive for acquisition.
Hive team create systematical expansion for their project both technical and geographical. They plan to start financing SMEs on Hive at the end of Q4 2017 and first 3rd party fund for financing on the system is scheduled at Q2 of 2018. For geographical expansion, they plan to start it from Austria, Slovenia, and Croatia, and then gradually expand to Germany, Scandinavia, CEE, UK, France, Gulf countries, and USA.
“US citizens are not legally allowed to participate in the Hive Project crowdsale.”
Website: https://hive-project.net