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The launch of the ICO for Hamster market, the primary decentralized retail platform providing gadgets and niche electronics. The task become created to directly join small manufacturers of exclusive electronics with their goal audience and to clear up the critical complications of retail: extra middlemen, excessive markups, and restrained selections.
The dominance of primary networks has ended in a dissonance in on-line retail. The lion’s share of the market is at present concentrated in the hands of the huge agents, who offer buyers a constrained array of products. individual producers don’t have any chance of breaking out onto the foremost income systems: it’s hard for them to compete with huge suppliers and appear-alike cheap products, and consumers are, in effect, disadvantaged of selections.
Hamster industry will help all gifted producers blow their own horns their products to an viewers of 1,000,000 potent that can accurately price their innovations. buyers should be capable of finding items now not purchasable on other structures and buy them at the producers’ price. The retail platform can be managed by means of the providers themselves, for you to vastly decrease prices. What we are able to have right here is a brand new open market free of middlemen and low-high-quality copycats.
“Many promising and formidable electronics tasks get stuck on the same step, the one which requires scaling company and creation,” says CEO Denis Bulavin. “In a way, the developers locate themselves “between Kickstarter and Amazon”: they can habits a wildly a hit crowdfunding crusade, distribute the primary batch, and nevertheless no longer find a everlasting route to their patrons. Hamster industry offers every company the chance to present their items to a goal viewers of a million. advantages go to both the manufacturer and the purchaser, who now owns a different and valuable item.”
The tech introduced on the platform will also be bought for fiat foreign money, cryptocurrency, and HMT tokens. The venture tokens present a number of benefits: they deliver a discount when deciding to buy, make it viable to sell without incurring the platform commission, supply entry to further features, and a whole lot greater. moreover, the variety of HMT tokens is limited, which will keep their cost. The challenge group has also addressed the opportunity that early token patrons or bounty hunters might promote them off in huge numbers on the trade and thereby send the value off a cliff. Tokens dispensed to the founders and crew participants should be frozen for as much as 9 months. And for those who take part in the bounty program, an choice bonus payout components has been devised: in its place of tokens they could acquire fiat forex (at an change price of 1 HMT = $ 2).
The project is being developed by an expert crew with loads of experience in retail, IT, finance, and marketing. consultants with adventure at suitable positions with Amazon and eBay are concerned in the challenge. The Hamster market founder is entrepreneur Denis Bulavin, an electronics brand and founder of a company that builds pills and robots.
The token sale will final except March 19. In all, 10 million tokens, created under the Ethereum ERC20 average, can be issued in this issuance. The project will distribute tokens as follows: 70% of the tokens are reserved for the crowdsale, 27.5% are reserved for rewarding the group, founders, advisors, and early buyers, and 2.5% will go to the bounty software. coins not bought right through the token sale may be destroyed after the ICO concludes, and no extra issuance is planned. The restrained, consistently shrinking variety of coins in circulation is likely one of the factors holding liquidity in HMT tokens.
The price of one token is $ 2. cash may also be bought all through the ICO or on the secondary market after the token sale ends. Tokens can be bought with Bitcoin, Ethereum, and several different standard cryptocurrencies: BitcoinCash, EthereumClassic, Litecoin, Ripple, dash, Monero, Emercoin, Waves, and many others. The minimum buy is simply $ 10. traders who have undergone verification will also be able to ship and receive tokens with their hmstr.io and Ethereum wallets. The cash raised can be put towards launching and establishing the Hamster market platform, as well as gathering a large neighborhood of carriers and buyers.
To study the White Paper, view the task roadmap, or buy tokens, you can seek advice from the Hamster industry web page.
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