Project Ico Hero The Blockchain Platform
is the future of banking that provides collateralized loans to the unbanked and underbanked consumer across Southeast Asia. With the launch of its crypto-currency unit called Hero Token, HERO intends to expand into blockchain-based uncollateralized loans. Backed by venture capitalists such as Softbank, Alibaba and 500 Startups, the organization started operating in the Philippines in 2015 and has since helped thousands of Filipinos to obtain access to affordable credit.
The Future of Banking in Southeast Asia
Hero’s mission is to revolutionize the banking industry to make credit more readily available and affordable for the unbanked or underbanked, starting in Southeast Asia.
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Southeast Asia is the world’s fastest growing Internet region and it is the 4th largest Internet market in the world.
More people have a Facebook account than bank accounts.
Since 2015, we’ve begun disrupting the current financial system that excludes 2 billion people from the banking system by leveraging technology to create a more inclusive system that allows people access to credit.
We believe secured loans provide the starting point for uncollateralized loans. In 2015 we launched the first fully licensed online pawnshop in Southeast Asia that has already served thousands of customer. PawnHero essentially turns mobile phones into pawnshops.
Our interest rates are half of the traditional pawnshops providing access to cheaper credit that improves livelihoods.
Blockchain-Based Loans Without Collateral — Individuals
Most emerging markets lack centralized credit scoring.
Blockchain enables every person to have a unique and verifiable reputation-based identity that allows them to participate equally in the economy. By combining non-traditional data sources from social media profiles, previous work experience and transaction history with advanced machine learning techniques we expand our offering to provide access to unsecured loans.
DETAILS HERO TOKEN:
This document provides a comprehensive overview of Hero, its applications and benefits, the team involved in the project, the upcoming Hero fundraising referred to as ICO or & corporate crowdsale and the goals Hero is expected to achieve.
Token / Token Sale sales is an event in which a new project from cryptocurrency will sell a portion of its cryptocurrency token to the early adopters and enthusiasts in return. For those who offer token for sale, it has become a well-documented and well-respected way of raising funds to improve existing products and services.
The sale made by the Distributor of the Hero Token which relates to a Token Sale Hero Token Sale itself to you as a buyer thereof shall remain subject to the applicable terms and conditions — which are contained in a separate document specifying the terms and conditions of agreement between the distributor and you which is related to the Hero Token Sale. Distributors are the involved members of PawnHero and they will disseminate all proceeds of Hero Token sales which relate to Hero Token Sale to be used as project funding as well as the Hero’s cryptocurrency business.
Value for Investors:
Reward tokens that generate exceptional interest income social impacts help underserved access to affordable credit for your profits: Companies can use a profit percentage to buy back Hero tokens from open markets at prevailing market prices
Up to 20 Percent of interest income that can be distributed is transferred to specific Ethereal (ETH) wallets every three months.
Token Symbol: HERO
250,000 heritage value of the Ethnic Hero (equivalent to 50,000,000 Hero Tokens). The final amount of the Hero token is defined after the end of the token sale based on the amount of the contribution.
Token Hero is created and given to buyers as soon as they give ether to the sales contract. Trade and transferability only begins after the end of the sale of tokens.
Sales of Token Hero:
1 token HERO = 0.005 ETH (1 ETH will buy 200 Hero tokens)
Payment in the teirma:
Ethereum (ETH), ETH Classic, BitCoin (BTC), Ripple, BitCoin and Waves
Bonus of Token Purchase:
A bonus 30% bonus will be offered for those who bought on the first day for the first three hours.
Bonus 20% bonus will be offered for those who bought on the first day for three hours and above.
Bonus 10% bonus will be offered for those who bought on day two and third.
Bonus 5% bonus will be offered for those who buy on the fourth day to the seventh day.
Bonus 2.5% bonus will be offered for those who buy on the day to eight to two weeks.
Purchases of more than two weeks will not earn a single bonus.
Detail of Token Hero Distribution:
Hero presents a productive opportunity for those holding a Token hero. Individuals get real rewards that correlate directly with their contributions. The reward will have dollar and liquid value.
80% of the total number of Hero Tokens for sale publicly in Hero Token Sale under symbol ticker Hero.
15% of the total remaining Hero Tokens will be allocated to the founders as long-term interest alignment
3% of the total number of available Hero Tokens will be provided to early believers and advisers.
2% of the total number of available Hero Tokens will be used for Bounty.
The Hero Token will be sold at a ratio of 1/200 ETH, which means 1 ETH worth 200 Hero Tokens.
For More Information Can Visit Link — Link Below:
Website : https://herotoken.io/
Whitepaper : Whitepaper
Tread ANN Bitcointalk : https://bitcointalk.org/index.php?topic=2088817
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