Dear BitMart Users:
BitMart will officially launch the XRPHD (XHD) Token Sale Event at 7:00 AM on October 23, 2019 (EDT). Users will be able to purchase XHD with BHD. The XHD/BHD trading pair will open at 7:00 AM on October 24, 2019 (EDT).
I. Sale Details:
|Sale Start Time||7:00 AM 10/23/2019 EDT|
|Sale End Time||8:00 AM 10/23/2019 EDT|
|Hard Cap||500,000 USDT|
|Total Supply||90,000,000,000 XHD|
|Circulating Supply||6,300,000,000 XHD (7% of the total supply)|
|Sale Price||1 XHD = 0.0000926 USD (in equivalent BHD)|
|Launchpad XHD Amount||5,400,000,000 XHD (6% of total supply)|
|Lock-up Period||No lock-up period|
|Individual Hard Cap||20 USD (in equivalent BHD) with a BHD balance greater than/equal to 60 BHD for a consecutive 3 days|
|Individual Soft Cap||10 USD (in equivalent BHD) with a BHD balance greater than/equal to 30 BHD for a consecutive 3 days|
|Private Sale||No private sale|
|Seed Sale||No seed sale|
|Other Sales||BitMart is the only channel for XHD token sale|
|Token Type||XRPHD mainchain|
|Token Distribution||Before 7:00 AM 10/24/2019 (EDT)|
II. Sale Rules
Sale Mode: First Come First Serve
- Only users who complete KYC are qualified to participate in the XHD token sale.
- Users with a BHD balance greater than/equal to 30 BHD in their BitMart accounts for a consecutive 3 days will have a maximum purchasing amount of 10 USD.
- Users with a BHD balance greater than/equal to 60 BHD in their BitMart accounts for a consecutive 3 days will have a maximum purchasing amount of 20 USD.
- BitMart will take a snapshot of users’ BHD balance every day from October 21 to October 23. The 1st snapshot will be taken at 8:00 AM EDT Oct 21. The 2nd and 3rd snapshots will be taken at any random time on Oct 22 and Oct 23. Users will be ineligible to participate in the token sale if they fail to meet the minimum BHD balance for a consecutive 3 days.
- The price of BHD will be based on the price of BHD/USDT at 12:00 AM October 23, 2019 (EDT).
- Only users who complete KYC are qualified to participate in the sale.
- The sale is not open to residents from the following countries/regions: Afghanistan, Albania, Belarus, Bosnia & Herzegovina, Burundi, Central African Republic, Cote d'Ivoire, Cuba, Democratic Republic of the Congo, Ethiopia, Guinea, Guinea-Bissau, Iran, Iraq, Lebanon, Liberia, Libya, Mainland China, Myanmar (Burma), North Korea, Republic of Macedonia (FYROM), Serbia, Somalia, South Sudan, Sri Lanka, Sudan, Syria, Thailand, Trinidad & Tobago, Tunisia, Uganda, Ukraine, United States of America (USA), Venezuela, Yemen, Zimbabwe, Hong Kong.
- BitMart reserves all right to the XHD token sale event.
About XRPHD (XHD)
XRPHD (Ripple Coin, referred to as XHD) is an innovative digital currency based on Conditioned Proof of Capacity. It uses the hard disk as the device for mining and obtains network block rewards according to the capacity of the hard disk. XHD mainly uses distributed book-keeping technology to solve problems in real-time cross-border payment. Compared to XRP, XHD has the following advantages:
- The consensus algorithm is more decentralized.
- The XHD network is safer and more reliable.
- Fairer, everyone can participate.
- Ecological diversity, multi-chain coexistence.
In the future, XHD will play an important role in cross-border payment. Not only main fiat currencies including USD, EUR, and CNY but also cryptocurrencies such as BTC will be included in the future XHD network. Acting as the basic currency in the POC ecology, XHD will also work as an important universal equivalent and collateral, making paying and trading easier than ever without any third-party clearing institutions. At the same time, XHD will be able to create a more easily priced and used payment scenario with a sufficient total supply.
Under the existing consensus algorithm system, XHD is acting as an innovator, not only revolutionizing from technology but also the future ecological application and problem solution. Besides, the highly autonomous organization in the community has a clear plan for future development. Therefore, XHD is aiming to build a comprehensive layout combining payment, commercial trading, and other fields.
Thank you for supporting BitMart!
October 19, 2019