TopicStarter: HexCash –
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What is Hexcash Network?
Hexcash Network consists of:
- HexCash Ecosystem
- HexCash Token
HEXCash is a cryptocurrency that is created to support its own ecosystem. The HexCash team aims to take HEXCash to the peak by providing a large variety of services and different offerings.
HEXCash or HCASH is a Cryptocurrency but not like the other Regular Cryptos.
So what�s so special here?
The term �HEX� suggests, it�s about the number Six. The HexCash comes with its own HEX-Ecosystem which will offer SIX main different projects and platforms (but there will be numerous unmentioned projects).
Hexcash is Future proof
HexCash doesn�t just think about its present but also its future and tried to look for the problems which other projects have. The Hex Treasury Fund was created to solve those problems.
The Hex Community Development and Reserve Fund is the solution for Hex to run smoothly. An amount of 70% of the total Fund is not created and is in the Hex Reserved fund. These funds will only be generated for funds raising and future development of Hexcash with community consensus. The not generated Hexcash funds build community trust and make Hexcash scare.
Hexcash Reserved Funds
Only 30% of Funds are generated at the time of the Contract Deployment. The 70% of the Total supply is never generated until Retail investors or Institutions want to get a stake of the project and approach the Hexcash Team. On buying, new tokens will be minted and will be sent to them.
Funds raised from selling the reserved funds will be used for:
- Paying the listing price and getting into more exchanges
- It will help in Marketing an community building
- Hiring other developers if needed
Hexcash Token Specifications
- Block Time: 15 Seconds
- Token Ditribution: Through Airdrop
- Tota Supply: 20 Million
- Initial Funds: 30% of Total Supply
- Algorith Used: ERC-20 Protocol
- Yet to mine: 14,000,000
- The HexCash Token Contract can be found here: https://etherscan.io/address/0x51BFCdf5282292425faA0426FB9Db6f14B4cf956
- Read the Story: https://medium.com/@HexCash/hexcash-token-update-e35be2696c6
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