We are excited to announce the launch of a new token in January 2020: the hybrix token.
This hybrix token is a placeholder token that gives you the right to receive the final new token the world needs!
If you donated during the Internet of Coins crowdfund you will receive this token.
The hybrix token?
The hybrix token is created because you have the right to Freedom of Transaction:
Utility: The hybrix token will make it possible to transact units of account on a single ledger, or over multiple ledger (e.g. blockchain) systems.
Listing: The new token is more accessible for trading parties (DEXes, CEXes, indexes, etc.).
Continuity: The hybrix token with its tokenomics plan ensures the continuity of the project hybrix while staying a not-for-profit organization.
What is the hybrix token?
The hybrix token (HY) is a token that lives on all compatible chains simultaneous. It is a true hybrid asset that can be beamed across DLTs, a first in the cryptosphere.
"To solve the problem of interoperability, HY operates both within and on top of all these ledgers. It can hold and move value between multiple DLTs. HY is a second-level token protocol that can transact units of account on a single ledger, or over multiple ledger (e.g. blockchain) systems. Its transactions are stored on the DLT involved."
What does this mean for me?
The tokens that will be distributed in January are placeholder tokens. The functionality of the token will be available in 2021. If you have donated during the Internet of Coins crowdfund, you will receive these hybrix tokens.
Want to learn more about the tokens?
If you want to learn more about this hybrix token, we will publish documentation in January 2020 that will teach you and others how the protocol and token work. During this period you will be informed about the distribution of these tokens.
I’d like to finish on a personal note to thank the team, all donators, supporters and friends that have helped us come so far. Last 5 years have been an amazing adventure and I can’t wait for what the next 5 will bring.
I wish everyone a wonderful holiday season! Joachim de Koning Founder of hybrix