HDCoin.. HDCoin ICO rating – not rated.
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Ended ICO : 20/03/18 – 20/05/18
About HDCoin ICO (token sale)
HD Group has grown from a startup to a successful company in the last decade. We have a steady plan for growth in the next five years. Among other projects, we will be launching an ICO Exchange and a SaaS accounting platform.
We are building an ecosystem around crypto trading and blockchain technology. We will also offer turnkey services for launching ICOs. Additionally, funds raised from this ICO will be used to expand our existing businesses and marketing activities.
This ICO is based on a minority shareholding in HD Group. HD Coin Ltd will hold a 10% shareholding in HD Group and will issue 1 billion HDCoin as representative of the shareholding. HDCoin holders therefore, will be beneficiaries of this shareholding and entitled to the dividends flowing to the shareholders.
UNIQUE BUY-BACK & BURN
When profits are declared by the HD Group, net of tax dividends will be used to buy back and burntHDCoin using proof of burnfunction in ERC-20 so they can no longer be traded.
HD Group owns freehold commercial property in a prominent business district of Auckland. The replacement value of this property including the datacentre fixed assets is estimated to be over NZ $3 million.
HDCoin Ltd will not hold any HDCoin in reserve. The market will own 100% of all issued HDCoin. This means there’s no scope for HD Coin Ltd to manipulate the market.
Transparency is a key aspect of this ICO. The shareholding of all companies involved is public ( HD Net Ltd | Unlimited Internet Ltd | ICOEx Ltd). HD Coin Ltd as a shareholder in the HD Group will be entitled to and will receive all financial information relating to the group and they will publish regular blog updates for HDCoin holders.
BASED IN NEW ZEALAND
HD Group is based in New Zealand, a country that was ranked #7 on the World Justice Project Rule of Law Index 2017-2018 and #1 on the World Bank’s Ease-of-Business Index in 2017.