HOQU Platform Economy Updates

HOQU
HOQU
Published in
2 min readDec 19, 2017

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Dear participants of the HOQU Token Sale!

We bring you important updates concerning the economics of the HOQU platform. Given the sharp increase in the ETH exchange rate, the HOQU development team has made the following decisions concerning the project platform’s features:

1) The Hard cap on the Main Sale in USDT has been adjusted at the rate of ETH / USDT of the HOQU Main Sale start date (November 27, 2017);
2) Sale round 2, scheduled for Q2-Q3 2018, has been cancelled and, accordingly, the total emission of Tokens has been reduced from 888,888,000 to 300,854,400 HQX. The remaining 588,033,600 tokens will be eliminated immediately after the end of Token Sale along with any unsold Tokens.

All rights of HQX Token holders will be fully satisfied in full.

The updates to the HOQU platform economy are a necessary and positive move made by the project development team aimed at increasing the efficiency of the project’s economics and to allow more interested parties and individuals to participate in the Token Sale events. Join HOQU and be part of the future of marketing with us!

For extra information we publish info with full info about changes in Token placement that are mentioned in our white paper.

Updated Token Sale parameters:

Token: HQX
Total emissions: 300,854,400 HQX
Total amount to be sold: 65% of total token issuance or 195,555,360 HQX:
Private-Sale: 23,111,088 HQX
Pre-Sale: 34,666,632 HQX
Main Sale: 137,777,640 HQX
Hard cap: 14,791,000 USDT (as at November 27, 2017)
Accepted currencies: Ethereum (ETH), Bitcoin (BTC), Litecoin (LTC)

Private-Sale Parameters:
Private-Sale Dates: 14.09.2017–13.10.2017
Sales Volume of Private-Sale: 23,111,088 HQX
Hard Cap at Private-Sale: 785,000 USDT (as at October 13, 2017)
Private-Sale Price: 1 ETH = 10,000 HQX (bonus included)
Minimum Buying Transaction: 100 ETH
Maximum Buying Transaction: 600 ETH
Bonuses: The bonus is 100% of the price in the main sale

Pre-Sale Parameters:
Pre-Sale Dates: 13.11.2017–20.11.2017
Sales Volume of Pre-Sale: 34,666,632 HQX
Hard Cap at Pre-Sale: 1,753,000 USDT (as at November 20, 2017)
Pre-Sale Price: 1 ETH = 7,000 HQX (bonus included)
Minimum Buying Transaction: 0.1 ETH
Maximum Buying Transaction: Unlimited
Bonuses: The bonus is 40% of the price in the main sale

Main Sale Parameters:
Main Sale: 27.11.2017–26.02.2018
Sales Volume on Main Sale: 137,777,640 HQX
Hard cap on Main Sale: 12,253,000 USDT (as at November 27, 2017)
Price on Main Sale: 1 HQX = 0.0002 ETH or 1 ETH = 5,000 HQX
Minimum Buying Transaction: 0.01 ETH
Maximum Buying Transaction: Unlimited

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