ICO Announced! Hive Project — The first crypto currency invoice financing platform

Jure Soklic
Hiveterminal
Published in
4 min readJun 9, 2017
www.hive-project.net

ICO START: July 3, 2017 at 08:00 UTC / End: August 14, 2017 at 20:00 UTC

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1. The first crypto currency invoice financing platform!

Hive Project is a platform that provides new financial liquidity to small businesses by leveraging blockchain technology, giving them a range of crypto-currency based financing options. Driven by the risk-lowering technology offered by blockchain, Hive Project will bring digital currency invoice financing into the mainstream, slashing costs in the process and creating profits for investors.

2. Why should I participate in the Hive token sale?

When you participate in the Hive Project ICO, you will not only become a part of revolutionary platform that solves liquidity problems for SMEs, you will also be involved in a multi-trillion-dollar business. Contributors will receive Hive Project tokens (HVN), which will be tradable on as many exchanges as possible.

3. How does Hive work?

Hive Project (HVN) uses blockchain (distributed ledger) technology to give every issued invoice a unique fingerprint. This enables businesses to automate the invoicing process and make it available to the general public. We create a central data room for all invoices, with a record kept of the issuer, owner and payer. Invoices can therefore be offered to the market for trading. This will rapidly increase the liquidity available to small businesses and create a central database of invoices available for scoring and auditing. In addition to bridging the liquidity gap for small businesses, the technology provided by Hive Project will help credit checks to be made on companies and facilitate rapid and real-time auditing.

4. Threshold: BTC 2,000

Should the crowdfunding campaign fail to reach its capital goal of BTC 2,000, all funds will be returned

5. CAP: BTC 10,000

6. Bounties

A total of 2% of our ICO funds will be earmarked for early-stage marketing and bounty payments, which will be distributed to everyone who contributes to the Hive Project ICO. Bounties are offered for:

  • Translations and forum moderation
  • Facebook shares
  • Blogs

If you would like to find out more, check out our blog or contact us directly at bounties@hive-project.net

7. Timeline

Hive’s multidisciplinary team of international experts started working on the idea behind Hive in Q2 2016. With keen interest shown by potential stakeholders in Q3/Q4 2016, the Hive team decided to get the ball rolling.

8. Team

Core team

Advisors

Escrow

9. ICO Crowd sale

Token name: Hive Project token (HVN)

ICO Duration: 6 weeks

What does this token represent? Hive grants access to Hive network services.

Pay-out structure: Token owners will be repaid through a token buyback mechanism executed on the stock exchanges where HVN tokens will be listed. The amount of tokens repurchased will depend on the revenues generated on the Hive Project network. Once the token holders get their initial investment value repaid through buybacks, the project should be treated as mature and attractive for acquisition by key players in finance industry. If a takeover is successful, the proceeds will be split equally for each token.

Total supply: 500,000,000 tokens

Price per token: This will be confirmed 7 days after the ICO ends.

Threshold amount: BTC 2,000 — BTC 10,000

Liquidity pool: Above BTC 1,500 raised

Bonus: Week1: 15% / Week2: 12% / Week3: 9% / Week 4: 6% / Week 5: 3% bonus Week 6: 0% bonus

10. Download Whitepaper: DOWNLOAD WHITEPAPER

11. Email us: info@hive-project.net

Click here and secure yourself a priority pass!

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Jure Soklic
Hiveterminal

CEO Hiveterminal — A blockchain based invoice financing platform. Crypto & Equity Investor/Entrepreneur & Decentralized economy believer.