HERO - Future banking solutions in Southeast Asia
Over the past few years, the banking industry has undergone significant changes. This industry is becoming increasingly competitive due to regulatory deregulation. At present, banks have flexibility in the services they provide, the places where they work, and the tariffs they pay for deposits. Now there is a new breakthrough in relation to the decentralized bank using the Smartcontract token, called Hero, which will operate in Southeast Asia .
What is a hero?
Hero is the future of banks that provide loans with guarantees to irresponsible and unreasonable consumers in South-East Asia. With the launch of a crypt block called Hero Token, HERO intends to expand its loan without linking to the chain. With the support of venture capitalists such as Softbank, Alibaba and 500 Startups, the organization began operations in the Philippines in 2015 and has since helped thousands of Filipinos gain access to affordable loans.
MISSION
The mission of Hero is to revolutionize the banking industry in order to make credit more accessible and accessible to non-banking or small-bank, starting from South-East Asia.
What is Hero Token?
Hero is created to receive positive financial and social benefits. Hero Token is the right to receive a prize, which is part of the earned interest income. It is not a share capital in the company and has no intrinsic value. All total tokens are entitled to receive up to 20% interest income.
The advanced era with the fast-growing technology "Progress" is supported by the growing possibilities of processing human resources in the field of banking management, which leads to an increasingly fierce competition in the financial industry for the needs for transactions, which, of course, more complex, more modern and increasingly facilitate community in the use of banking products.
And, of course, this is necessary and it is expected that some business entities will be more confident in the field of trading operations in the real world and cyberspace, as the availability of funds that facilitate the conduct of business.
One of the banking companies is now beginning to see transactions in the world of Crypto for added convenience in terms of financial transactions, which, of course, is supported by strong, transparent and responsible teamwork, and it is ideal for this company, which develops and offers very an attractive platform.
Https://herotoken.io/
And, of course, this is necessary and it is expected that some business entities will be more confident in the field of trading operations in the real world and cyberspace, as the availability of funds that facilitate the conduct of business.
One of the banking companies is now beginning to see transactions in the world of Crypto for added convenience in terms of financial transactions, which, of course, is supported by strong, transparent and responsible teamwork, and it is ideal for this company, which develops and offers very an attractive platform.
Https://herotoken.io/
Company milestones
Product
The current product of the hero is Lombard called Pawnhero. PawnHero breaks the traditional pawnshop experience, providing hybrid virtual and physical services. Operating platform PawnHero ("Opus") combines an unhindered interface of clients with active operational processes that allow PawnHero to manage and control the experience of customers and business.
Road map of the hero
Q4 2017 - Expand business in the Philippines
Q1 2018 - Blocked loans without collateral - individuals
Q3 - Regional expansion
2019 - Loans for small and medium-sized enterprises
For a more detailed road map, download the Heroic Document here: https://s3-ap-southeast-1.amazonaws.com/herotoken/Hero+Whitepaper_081417.pdf
ICO Details
Rate: 1ETH = 200 Hero
How to benefit from the token?
Hero was created to bring both financial benefits and positive social consequences.
The sign of the hero is the right to receive a gift, which is part of the earned interest income. All tokens in aggregate have the right to receive up to 20% of interest income.
The token will be assigned in proportion to the funds provided during the sale of the mark. Up to 20% of the distributed interest income is quarterly transferred to specific Ethereal wallets (ETH). Then, ETH is distributed among all holders of hero tokens in accordance with the terms of intellectual contracts (that is, the percentage of interest earned earned by the proportionate share of the tokens.) Long-term heroes will tend to distribute rewards in a shorter time with monthly gift distribution goals.
In addition, the company can use a percentage of profit to buy the hero's token from the open market at prevailing market prices, so the value of the marker should be positively correlated with the success of Hero.
Hero was created to bring both financial benefits and positive social consequences.
The sign of the hero is the right to receive a gift, which is part of the earned interest income. All tokens in aggregate have the right to receive up to 20% of interest income.
The token will be assigned in proportion to the funds provided during the sale of the mark. Up to 20% of the distributed interest income is quarterly transferred to specific Ethereal wallets (ETH). Then, ETH is distributed among all holders of hero tokens in accordance with the terms of intellectual contracts (that is, the percentage of interest earned earned by the proportionate share of the tokens.) Long-term heroes will tend to distribute rewards in a shorter time with monthly gift distribution goals.
In addition, the company can use a percentage of profit to buy the hero's token from the open market at prevailing market prices, so the value of the marker should be positively correlated with the success of Hero.
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