Social network with a decentralized, blockchain-based incentive system.
HeartBout is a social network with a decentralized reward system based on a blockchain technology. Users taking part in creation and promotion of content receive rewards in the form of HBC cryptocurrency.
You can post your inclination, can share your photos, recordings and make stories of your own life. Clients have the opportunity to make online companions, having visits with them, get data from online assets and what not the web-based social networking is giving to its clients.
HeartBout Token The HeartBout coin token (abbreviated as HBC) is the only and the basic token of the HeartBout social networking service. The HBC is used as a reward for actions of the HeartBout social network users and is directly connected with the advertising capabilities of the social network.
The HBC tokens can be spent on promotion of a publication (advertisement). Besides, the coins can be taken out to an accredited stock and converted to other currencies in future. Users assess content using “hot” (like) and “cold” (dislike) hearts. It means that the more often a user uses the social network, the more HBC they can get.
Upon completion of the sale of the tokens (ICO) on June 30, 2018, in June cryptocurrency of the Heart Bout blockchain will be available at various cryptocurrency exchanges, where we will systematically increase the distribution of our cryptocurrency at the maximum number of the most reliable exchanges; also we will work to create our own domestic exchange to provide
The issuance of HBC tokens is done on a daily basis. All emitted tokens during the day are distributed between authors, voters and miners. The issuance of HBC tokens, is limited to 200 per day. Voting with hot hearts affects the amount of emitted HBC tokens. Voting with cold hearts does not affect the emission, but can recover the power of “hot hearts” of the voter.
The author of a post or comment gets 65% of the HBC tokens from the total emission. The award from a publication depends on the number of positive ratings — “hot hearts” and their power. The calculation takes into account “hot hearts”, received in the 24 hours after publication.
The reward for voting with a “hot heart” is 15% of the HBC tokens from the emission for voter. The reward is distributed between users, who voted for the publication, subject to sequence number, “hot heart” and its power. To prevent attempts to drive up hot and cold hearts, a special mechanism is used to limit the amount of hearts available and the power of hearts, by establishinges a dependence between the number of used hearts and their power.
The miner’s reward is 20% of the HBC tokens from the emission when blocks in blockchain are made in accordance with the schedule. Blockchain Heartbout is able to make a schedule for the production of blocks every 3 seconds among the 21 delegates according to the rounds.
Reward for participants during bout.
Bets are placed by a challenger and must be confirmed by another participant. Thus, the prize fund is formed and consists of the challenger’s and the recipient’s amount of tokens. The winner gets a prize fund minus a commission for HeartBout social network.
The cost of the HBC token
Internal cost of 1 HBC is calculated based on the value of one impression costing $0.02 multiplied by the DAU divided by 1000 ($0,02 * DAU/1000). Starting from June of 2018, we expect growth of DAU from 30 000 to 252 970 users in December. Thus, we expect growth in price of 1 HBC from $0,6 to $5.1.
The number of tokens — 8 235 600
December 15—31 — a discount of 35% of the price (for limited number of tokens)
January 30—February 28 — 20% discount
The number of tokens — 35 962 120
April 1—30 — 15%
May 10—30 June — 10%
• The maximum number of tokens issued for sale — 44,197,720
• The sum of the maximum collection amount of ETH — 6 440
• The name of token: Heart Bout Coin
• The kind of token: ERC20
• The price of token: 0.051 $, 1 ETH (at the dollar rate 1 ETH — $ 350) = 6 863 HBC
• The minimum purchase : 1 HBC
• Crypto currency for payment: ETH
Crwodsale occasion for HBC tokens will begin from 31st January 2018. It is a magnificent chance to purchase HBC tokens by getting some reward.
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