Nov 21, 2020
Honos Coin is a cryptocurrency that aims to bridge the gap between consumers and businesses. The purpose of the coin is to have both the economic model of a stable coin, and the range of a utility token. The coin has an economic model based on the bank of Canada crypto model, which provides a 40% discount to the economy.
The purpose of Honos coin is to become the everyday use coin. Since bigger coins such as bitcoin and Etherum, are very large in terms of price point. And other stable coins such as USDT and Tether, only remain relatively strong based on the USA. That is why Honos coin was founded, to brige the gap between economics, and daily use. Since each bitcoin takes approximately 10 minutes per transaction, and the gas price for Ethereum is much higher.
Ethereum developed recently Ethereum 2.0 which is now on (PoS), and Honos coin since it's ERC-20 Token. Honos coin is also an ERC-20 Token, which is also (PoS), but with much faster transaction speed, lower-cost than Ethereum, it has the ability to leverage rewards for consumers and programs for business. It's an ideal token, for consumer daily usage. In addition to the security function, the coin security programmed in Vyper which is more secured against hacked attacks.
The coin features, include: Dual-manual Trust consensus, the Ethereum smart contract made it possible for people to not have to worry about the issuance of goods, upon sending of payment.
The dual trust mechanism goes a step above the trustless transaction by using a dual consensus. This is achieved when two parties are sending and receiving coins, this takes away the fear of sending of money to an unknown crypto wallet address. Before knowing if the payment will be received by the correct party.
In addition, the coin has features of loyalty and rewards feature, which benefits business and consumers.
Finally allows users Honos coin, to store pertinent information. For travel use cases. If for example at an airport a passport is lost or a wallet. Consumers have somewhere to recoup pertinent information. With the protection of the blockchain, they won't have to worry about information falling into wrong hands.
The coin is built on the Erc-20 platform. We felt that Erc-20 is the standard for cryptocurrencies. Building upon already trusted technology sources, like Ethereum.
Honos coin is for consumer use, we have decided to program it with Vyper. This was to improve the security, the last Vyper audit demonstrated that it is better for overall security. We also wanted to eliminate the double-spend problem, which is an issue on some cryptocurrencies.
Our goal with Honos coin. To have a coin with purchasing power parity economy. We believe that Honos coin. Has a unique market value, and solves a problem for business and consumers globally. You should think of Honos coin, as the Vechain for consumer rewards and loyalty market.
Coin on exchange
Test coin on Ethereum Mainnet
Hardware for off-chain
Attention. There is a risk that unverified members are not actually members of the team
This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
If you have any concerns about the nature, propriety or legality of this token sale or the persons involved in it please contact [email protected] with detailed information about your concerns.