How does the repurchase engineering force the valuation of the HONOR token?

Jubs
4 min readFeb 14, 2018

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Hello community,

I am Gustavo, CEO and Founder of JUBS platform and the HONOR token… and I am here to remind you that within 4 days our pre-sale ends and we started the official sale of our tokens.

What is the HONOR token?

HONOR (HNR) is the first functional token in the Brazilian B2C market, and the first platform in Latin America to use smartcontracts in the informal services marketshare.

Our token is used to:

- P2P payments for everything services

- Reward affiliate club and referral program.

- Reward providers for quality and actions that preserve the health of the HONOR ecosystem.

- Open contracts on the Jubs platform and secure work clauses that suggest deadlines, extended guarantees or any clause requiring bail.

- Protect the client and the professional from accident.

This brings a new perspective to the model of providing services to third parties, providing non-viable resources with the Internet 2.0.

The token HONOR can also be used to enter a shared insurance group that will protect the client and the professional against accidents and claims. It will work as follows:

Service providers pay a certain amount of HONOR to join a shared insurance group

The groups are divided by insurance cover amount and quantity of people, the price for the service provider varies according to variables of the type of services, frequency of incidents in the segment and the gamification profile of the professional.

The decision will be taken after the delivery of all the requirements for the decentralized court formed by the members of the insurance to analyze the problems and vote for the release or not of the request. Follow on the picture:

Our decentralized court is already posted on GITHUB, please follow the link: https://github.com/appjubs/JuryVotingContract

How does the repurchase engineering force the valuation of the token?

Our service providers will be able to purchase your HONOR tokens as follows:

- Quality: Good evaluations generate rewards through the rewards machine.

- Preservation of the Ecosystem: Participate in the court of conflicts and actions that maintains the health of the HONOR ecosystem.

- Indication of new Service Providers: 30% of the subscription will be recurrently allocated to the service provider that indicated it.

- Payment for services in HONOR (HNR)

The monthly subscription is US$16, and US$8 will be bought in the exchanges in the hand of our investors during this period of sale of the tokens.

Follow the picture to see how it will work:

With the entry of new professionals, the recurring purchase grows exponentially and the limited number of HONOR (HNR) currency enters a scenario of obligation to appreciation.

Here is the chart detailing the purchase of investors HONOR tokens per month by JUBS compared to the number of service providers active on the platform:

Updates…

- We recently released version 2.0 of the JUBS platform in the Play Store, which even before the pre-sale, already had 70% of its value proposition delivered.

- We have already delivered the decentralized court published in Github and in a few days we will publish the IOS version and our web-wallet on our site.

- Within 5 days our pre-sale ends with the +50% in bonuses and the 1 ETH purchase limit.

After the completion of our pre-sale, we will begin the sale of tokens with a limit of 0.1 ETH +25% in bonuses in the first week.

We have come here on bootstrapping with incredible teamwork.

Now, we need your support to put JUBS on the market and make HONOR the first functional token in Brazil and the first token in the service segment in Latin America.

I want to invite you to be part of our pre-sale with +50% in bonuses and help us consolidate our launch event that will happen in a few days.

This value will also be destined to the marketing of our project that has an incredible value proposition, already has software and is about to enter a market that moves US$ 50BI per year only in Brazil.

Results we have, we need your support to help spread the great project we have. We will announce the full coverage of our launch event there.

Meet our incredible lean team who is making it all come true:

- Gustavo (Manager)

- Simas (Specialist in marketing, design and UX)

- Elton (full-stack software engineer)

- Daniel (Developer blockchain)

Access our website and invest today with +50% bonus (5 days left): honor.appjubs.com

See you soon. Regards,

Gustavo.

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Jubs

O Ecossistema Descentralizado de Trabalho Sob-demanda