Created for cloud mining enthusiasts, HashBX (HBX) is transforming how users purchase hashing power and access services. Not just a utility token, HBX extends its use cases to obtaining discounts at partner establishments like hotels, supermarkets, and more. Integrated within an ecosystem alongside MoveX and Cryptomap, HashBX offers a seamless, diverse utility that goes beyond typical crypto transactions. MoveX enables purchases using both HBX and fiat, while Cryptomap directs users to HBX-friendly businesses. Dive in to explore how HashBX is revolutionizing transactions and adding value for token holders, making it a must-have in the crypto sphere.
Read on to discover more about the unique features that set HashBX apart!
What is HashBX (HBX)?
HashBX (HBX) is a utility token specifically designed for cloud mining enthusiasts. It allows users to purchase hashing power and other services from HashBX’s partners. The token also provides holders with discounts for purchases from various partners, including hotels, resorts, and supermarkets. HashBX is part of a broader ecosystem that includes MoveX and Cryptomap.
MoveX
MoveX represents products that can be bought with HBX and fiat currencies. This integration allows users to enjoy the flexibility of using both digital and traditional currencies for their purchases.
Cryptomap
Cryptomap is a platform that provides information about places where users can spend their cryptocurrencies. It also serves as a venue for business owners to advertise their businesses, thereby promoting the adoption of cryptocurrencies.
Unique Features and Benefits of HashBX
Medium of Exchange
HashBX serves as a medium of exchange within its ecosystem. Users can buy hashing power and other services from suppliers that partner with HashBX using HBX.
Discounts
One of the standout features of HBX is the discounts it offers. Token holders enjoy discounts whenever they make payments with HBX on the platform. This incentivizes users to hold and use HBX for transactions within the ecosystem.
Trading
HashBX tokens can be traded on external exchanges, providing liquidity and value to the token. This makes it an attractive option for traders looking to diversify their portfolios.
Real-world Applications
HashBX extends its utility beyond cloud mining to a diverse range of real-world applications and services. This includes facilitating payments for goods and services from HashBX’s partners, thereby offering users a broad spectrum of use cases that transcend traditional cryptocurrency transactions.
Integration with MoveX and Cryptomap
HashBX's integration with MoveX allows users to purchase products using HBX in tandem with fiat currencies, offering unparalleled flexibility and convenience in transactions. Cryptomap, on the other hand, serves as a comprehensive directory, providing users with information on various locations that accept cryptocurrencies, including HBX, fostering the widespread adoption of HBX and empowering business owners by offering a dedicated platform to promote their acceptance of digital currencies.
Tokenomics and Distribution Model
Total Supply
HashBX has a total supply of 1,000,000,000 HBX tokens. The tokenomics of HashBX includes an initial token supply of 1,000 million HBX, with a maximum supply of 1,000 million tokens.
Token Burning
HashBX has implemented a token burning mechanism to control inflation. After the token sale, HashBX plans to burn all unallocated tokens to proportionally increase each token holder’s percentage in the overall token amount. This mechanism reduces the total number of tokens in circulation, thereby increasing the value of existing tokens.
Distribution Model
The distribution model of HashBX includes paid and free-of-charge models. Paid models include distributing tokens from the investor token pool (SAFT, Private Token Sale) and distributing tokens from the community pool (launchpads, Public Token Sale). Free-of-charge models of token distribution include distribution of tokens from the founders' and team's pools (Token Transfer for founders, Token Incentive Schemes for team and advisors) and distribution of tokens from the community pool (airdrops, staking/yielding rewards, etc.).
Airdrops
Token airdrops are public campaigns for the free distribution of tokens from the community pool, aimed at achieving a network effect of promoting the Web3 project. The idea of airdrops is that active members of the Web3 community are offered the opportunity to perform several tasks and receive a reward in the form of tokens for their actions.
Market Data
Coin Statistics
- Current Price: $0.0005
- Market Cap: $303,652.67
- 24h Price Change: 0.15%
- 7d Price Change: 7.60%
- 30d Price Change: 31.82%
- 24h High: $0.0005
- 24h Low: $0.0005
- All-Time High: $0.3081 (2019-03-07T04:23:10.000Z)
- All-Time Low: $0.0000 (2022-07-06T18:39:00.000Z)
- Circulating Supply: 629,280,962.76
- Total Supply: 1,000,000,000.00
The Team Behind HashBX
The team behind HashBX is a group of cloud mining enthusiasts who have created a blockchain-based platform that enables users to buy hashing power and other services from suppliers that partner with it. The team has developed the HashBX protocol, which is part of the Cryptomap and MoveX ecosystem. Cryptomap offers information on where users can spend their cryptocurrencies and allows users to promote their businesses. MoveX includes products that users can buy with HBX and fiat.
Qualifications and Experience
While specific information about the team members and their qualifications is not provided, it is clear that the team is experienced in the blockchain and cryptocurrency space. The project aims to provide a seamless and efficient way for users to access and pay for services related to cloud mining and other offerings.
Conclusion
HashBX (HBX) is more than just a utility token; it is a comprehensive solution for cloud mining enthusiasts and cryptocurrency users. With its unique features, such as discounts, real-world applications, and integration with MoveX and Cryptomap, HashBX offers unparalleled value to its users. The tokenomics and distribution model are designed to ensure the long-term sustainability and growth of the ecosystem.
Whether you are a cloud mining enthusiast or a cryptocurrency trader, HashBX provides a versatile and valuable addition to your digital asset portfolio. With its robust security framework and innovative features, HashBX is set to revolutionize the way we think about and use cryptocurrencies.
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