Basic Information
English name of Token: Hycon
Ticker of Token: HYC
Chinese name of Token: N/A
Country of Incorporation: South Korea & Hong Kong
Investors:
Amplifi Capital
Amplifi Capital focus on strategic investments in blockchain companies to help them raise capital to develop their prototypes and complete their ICO successfully. Amplifi group and have helped raise the visibility of ICOs through AMAs and video reviews
Chaineer
Chaineer is a blockchain professional accelerator and investment fund located in Seoul, Korea. In addition, Chaineer has been consulting, advising, and investing in all the aspects of blockchain projects.
Ten8
Ten8 is a blockchain oriented VC which provides real-world value to their partners via an in-house strategic consulting firm, digital marketing agency and other services.
THE CREATIONS GROUP
The Creations Group (“TCG”) is a multi-disciplinary real estate investment and development company with over 25 years of experience investing in global real estate markets.
Industry&Facts & figures:
Regional cryptocurrency Project for Nowon district, Seoul, Korea
Blockchain-based Bid proposal evaluation system for Yeongdungpo district, Seoul, Korea
Mental health care management system(called Maeum tok tok project) with Daegu city, Korea
Up-Musuc Digital Copyright bidding Platform - transaction being recorded on Blockchain
BusinessON digital contract system - transaction being recorded on Blockchain
* See the attachment for various projects and applications.
Description of the project: HYCON, which stands for Hyperconnected Coin, is the digital asset built on top of a faster and more scalable blockchain developed by the Infinity Project team. Using a DAG (Directed Acyclic Graph) structure, it has the capability to publish several blocks simultaneously with the ability to resolve conflicting transactions and reject double-spends through the SPECTRE consensus algorithm. Hycon is the first public blockchain network to use Microsoft Typescript language from the ground, which paved the way for many blockchian developers to enter the industry.
ICO details:
Total available supply:10 Billion HYC
Tokens in circulation: 1.9 Billion HYC
Pre-sale start date: 2017/9/25
Pre-sale amount: 1,134,635,292 HYC($74million)
Pre-sale priceof each phase(Average):
1HYC=0.052USDT
1HYC=0.093USDT
1HYC=0.041USDT
1HYC=0.168USDT
Public sale start date: 2018/3/30
Public sale amount: 65,168,127HYC($9million）
Public sale price: 1HYC=0.138USDT
Token distribution:
Airdrop: 4%
Ecosystem Development Fund: 5%
Bounty: 5%
Team: 5%
Contributor: 10%
Public Mining: 70%
Corporate Social Responsibility: 1%
Other Information
Official site: www.hycon.io
Whitepaper: https://hycon.io/doc/whitepaper_en.pdf
Disclaimer:
This document is compiled from the official whitepaper and relevant documents provided by the token team, to provide investors an overview of the token. The information in this document is collected through formal legal channels. We make every effort to provide complete and accurate information. However, we do not guarantee accuracy, completeness, timeliness or correct sequencing of the information. This information is not to be regarded as investment advice, or legal proof, or evidence.
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