zorzia ico blog: Hero Token Sale

If you are interested in joining the project, your Hero Token should read information that will help you get information that can help you see your vision and mission

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Hero Token Details

Hero tokens were created to realize positive financial and social impacts. Hero is not just an ordinary token, it is a technological innovation designed to disrupt the lending industry and help those who are more in need. Hero Tokens represent the right to receive prizes, which are part of the interest income earned. It does not represent equity in the company nor has intrinsic value. All aggregate tokens are entitled to receive up to 20% of interest income.

Value for Investors:

Reward tokens that generate extraordinary interest income social impact helps underserved access to affordable credit for you profits: Companies can use the percentage of profits to repurchase Hero tokens from the open market at prevailing market prices

Payment structure

Up to 20% of the interest that can be distributed is transferred to a specific Ethereal (ETH) wallet every three months. The ETH is then redistributed to all Hero token holders in accordance with the conditions of the smart contract (that is, part of the interest income received at a pro-rate of the token that is owned.)

Token symbol: HERO

A maximum of 250,000 Ethereal tokens (ETH) will be accepted for Hero token purchases in the sale of these tokens.

Each Hero Token will sell for 1/200 ETH (1 HERO token is equivalent to 0.005 ETH), meaning 1 ETH will give you 200 Hero Tokens. For each token and cryptocurrency, you will receive a Hero token instead, the same as if you bought it with Ether or Bitcoin. The exchange rate that will be used to calculate this will be based on the currency or token level you want to use. The number of tokens made for the Hero chain all depends on how many coins are sold during the token sale.

The maximum number of contributions will in turn represent 80% of all Hero tokens. Because we don't know how much to sell, token sales operate on a percentage basis to ensure fairness for all. If the maximum amount is reached before the end of the sale on TBD, which is 4 weeks after the start of the sale of the token, we will deduct the sale of the token. If the maximum amount is not fully funded at the end of token sale, a percentage of 80% of all tokens will be adjusted, with the difference between the lower amount and the maximum amount that is reserved for future token sales. No evidence is issued before the end of the crowdsale event. After selling this token, no additional Hero tokens will be generated.

When will the Hero Tokens begin to be sold

Hero announces the exact date of token sales as soon as Friday, September 1, at 20:00 (GMT + 8). If you are interested in participating in pre-sales. You can join Slack https://herotoken.herokuapp.com , subscribe to the newsletter or email tokensale@herotoken.io to receive the latest updates.

At that time the Hero Team will offer 80% of all Hero tokens that will be made for public purchases in the Hero Token Sale under the ticker symbol Hero. And the remaining 20% of all Hero tokens will be distributed to gifts, early believers, advisers and founders to ensure alignment of interests and long-term commitments to their tokens and future values. Hero token distribution starts 2-3 days after the end of token sale.

Token Purchase Bonus:

A 30% bonus bonus will be offered to those who buy on the first day for the first three hours.

Bonus 20% bonus will be offered to those who buy on the first day for three hours or more.

10% bonus bonus will be offered to those who buy on the second and third day.

A 5% bonus bonus will be offered to those who buy on the fourth day to the seventh day.

A 2.5% bonus bonus will be offered to those who buy on the eighth to second week.

Purchases of more than two weeks will not get a penny bonus.

Total Supply:

250,000 Ethnic Heroes' Heritage value (equivalent to 50,000,000 Hero Tokens). The final number of Hero tokens is defined after the end of the sale of tokens based on the number of contributions.

Distribution Token:

Hero tokens are created and given to buyers as soon as they give ether to the sales contract. Trading and transferability only starts after the end of the sale of the token.

Hero Token Sales:

1 HERO token = 0.005 ETH (1 ETH will buy 200 Hero tokens)

Payment received:

Ethereum (ETH), ETH Classic, BitCoin (BTC), Ripple, BitCoin and Waves

Date of Sales Time:

Friday, September 1, 8:00 p.m. (GMT + 8)