HiBTC Transaction Mining and Revenue Generation

in #ico6 years ago

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Researchers are making researches in order to get ideas on how to improve the state of our everyday life and for that, they are making advanced technology. The technology has gone so far and during the current transaction process, we do not need physical currency.

Cryptocurrency and the blockchain network technology are making the world easier as the blockchain network systems are involving a new paradigm-shift driven technology with ease where everyone can access a higher level of decentralization and privacy. HiBTC is a blockchain framework into the ecosystem and making to execute a newer system of blockchain service and by creating a community of users.

HiBTC is another exchanging stage. It is vital that they are bolstered by the Ceyuan Digital Assets Fund and one of the key accomplices of Cybermiles. The identifications later, when they chipped away at their own particular Cybermiles arrange, guaranteed that they would be bolstered here.

Since the start of the task, HiBTC has been imitated through some adorable occasions. The site HiBTC has not yet distributed particular data about the constituent group and its base camp. Notwithstanding, on the off chance that you read Section 4 of the Terms of Service, you trust that the floor was made in Hong Kong due to the specify of the Monetary Authority and the Hong Kong Customs.

Accepting this is valid, it isn't amazing that the majority of the floors are situated in this city. It is significant that HiBTC claims that they are bolstered by the Ceyuan Digital Assets Fund and are one of the vital accomplices of Cybermiles.

Transaction Mining

HiBTC is adopting the model of the transaction and the token holding. They are making this work in below 50% of the HiBTC Token or HIBT. In this certain position, they want to reward the users through the transaction processing through the fee of mining. The offer will avail every time when the user will participate in a transaction process with HiBTC. The transaction processing fee will be generated through the tokens and it will be based on the HIBT held by the users and the market price of the processing fee paid through the user and HIBT market price.

HiBTC will ultimately calculate the number of rewards for the users of HIBT. This way the users will receive the proportion according to their use of tokens. With the reward, they can sale or release their HIBT once every hour. This will maintain the long-term and steady development of the platform and the HiBTC will limit the hourly mining quality by a single account. In this way, the users can increase their miner grades through the increased limit of the HIBT to money holding. The high-grade miners will gather a higher rate of fee in return of a specific percentage for the upper limit of mining in every hour.

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Revenue Sharing

HiBTC promises that they will allocate the revenues that the platform earns to all the HIBT holders and the remaining part will be used for the operation of the platform. They are maintaining the system, not just a company, rather they believe in making a community of users where everyone is connected to each other in any way.

Even at the last second of each hour, HiBTC will snapshot the HIBT holding status of all the users and will calculate the dividends for distributing the scheme according to the platform. The revenues will be distributed n every hour. The ratio of HIBT is holding by each other and it is done through the daily accumulation of dividends will be released in the next day.

Attracting Users

To encourage the users, HiBTC is holding them for a longer period of time. HiBTC is going to introduce a program for the users named Dividend Bonus Program where the users will voluntarily in order to join the program and take part in hold for all of the HIBT. As soon as the task is over, the HIBT joining program will be locked as long as it required to be locked. At this time, the users can enjoy different proportions of dividend bonus. The longer the lock-up period will exist, the higher the proportion of excess bonus will be increased.

The platform of HiBTC will distribute the revenue regularly to the HIBT currency holders but they will do this after the establishment of a board of directors or shareholder meeting.

Telegram group : https://t.me/www_HIBTC_com1
Twitter : https://twitter.com/HiBTC_Exchange
Website : http://www.hibtc.com/
Whitepaper : https://www.hibtc.com/om/about/en-us/whitepaper.pdf
Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1967041