FAQs on Hubbers Tokens
Know in detail how the Hubber tokens work.
DC
Last Update 5 bulan yang lalu
A: The percentage of shares is not predetermined, as it depends on the contribution area.
Example: HIP, if you invest $5,000 at $0.15/share, you would receive 33,333 shares.
The potential return on this investment could be 10 to 20 times, or even more, once the token is listed on an exchange.
Q: What is the threshold to convert HBB into HBS?
A: The threshold is equivalent to $1,000. There is no reverse conversion from HBS to HBB, only one-way conversion.
Q: Is there a lock period for the tokens?
A: Yes, until the token is listed on a crypto exchange, stock exchange, or through an IPO.
Q: Can I encash the tokens? If so, how?
A: Yes, you can sell them on the stock exchange after listing.
Q: Is there an expiry date for my HBB or HBS?
A: No expiry date has been set at the moment.
Q: What is the expected growth of the tokens?
A: The projected growth is 10 to 20 times within the next three years.
Q: What are the advantages of holding HBB or HBS?
A:
- Decentralization: The system allows for distributed ownership and participation.
Transparency: All transactions and governance are secured and transparent on the blockchain.
Liquidity: Token holders can trade on exchanges, benefiting from increased liquidity.
Transaction fees: Reduced fees due to the blockchain infrastructure.
Q: Why distribute shares/tokens?
A: The distribution incentivizes global collaboration and rewards contributors based on their impact and role within the ecosystem.
Q: What is HBB (Hubbers Community Tokens)?
A: HBB represents a reward mechanism on the Hubbers platform, earned through contributions like sharing expertise, participating in contests, or promoting the platform. It can be spent within the Hubbers ecosystem on premium services, expert assistance, or events.
Q: How can I earn HBB?
A: You can earn HBB by:
Contributing expertise in creator projects.
Participating in product contests as a contestant or judge.
Promoting Hubbers events and initiatives.
Engaging with the Hubbers community on social media, inviting new users, and contributing to discussions.
Q: How can I use HBB?
A: You can use HBB for:
Accessing Hubbers’ advanced workspace tools.
Hiring experts to assist with product launches.
Joining premium events and masterclasses via the Innovation Growth School (IGS).
Q: What is HBS (Hubbers Blockchain Shares)?
A: HBS represents ownership in the Hubbers platform. It gives users governance rights, enabling them to influence the platform’s future direction. Once a user accumulates enough HBB, they can convert it into HBS.
Q: What are the benefits of holding HBB and HBS?
A:
Participation Rewards: Earn HBB for contributions, which can be converted into HBS.
Access to Premium Features: Unlock advanced tools and services using HBB.
Ownership and Governance: HBS holders gain voting rights and influence over the platform's direction.
Global Collaboration: Tokens promote participation in projects and support across different regions.
Q: What are the pros of tokenization in the Hubbers ecosystem?
A:
Fractional Ownership: Tokenization allows users to own fractions of shares, increasing accessibility.
Transparency and Security: Blockchain technology ensures that transactions and governance actions are transparent and secure.
Liquidity: Tokens can be traded easily on exchanges, increasing liquidity.
Global Governance: Token holders participate in decentralized decision-making, ensuring widespread control over the platform’s growth.
Q: How does HBB and HBS promote collaboration and community engagement?
A: The token system encourages users to contribute by rewarding participation, sharing expertise, and supporting projects. This fosters a collaborative and engaged community, driving growth and innovation across the platform.