HEdpAY

Category: BankingCryptocurrencyFinance
ICO starts
Jul, 8
ICO ends
Nov, 30

About

Innovative Decentralized Solution for Future Banking

Hedpay is one of the first projects connecting traditional bank and the crypto universe. Hedpay has been created to be the first and most authoritative financial institution enabling users to transfer their fiat money (euros, pounds, dollars, etc.) in crypto quickly and safely, using the following services: current account, debit card, Exchange. Hedpay gives investors exclusive opportunities: creating their own blockchain, helping entrepreneurs developing new projects (ICO) following detailed protocols, selecting only the best projects in order to preserve investors, evaluating currencies already included in the market. Hedpay is one of the first to be creating investment funds in crypto, in order to maximize profits minimizing losses. After hitting the market our project will be the first that involve bonus, instead of discount, in order to keep our currency stable and safe. Users will spend Hedpay both in ecommerce and in brick-and-mortar stores through our exclusive POS system, exchanging it easily and instant in fiat money.

Documents

Whitepaper

Contacts

Hedpay Ltd

United Kingdom
London
27-28 Eastcastle street
hedpayltd@gmail.com

Milestones

  • 2017 February
    Formed Hedpay Ltd
  • 2017 May
    Primary Website done
  • 2017 August
    Wallet System done
  • 2017 November
    ERC20 Token Smart Contract
  • 2018 March
    Initial Pre-Sale Offer Private Placement. Initial Token Sale
  • 2018 May
    Application for LightBanking. Establish own Exchange Platform
  • 2018 September
    Expantion of HQ and Tech Suppport. Reward Tokens Distributed. Launch Payment Cards & Mobile App. Token List on all Major Exchanges.
  • 2018 December
    File for Banking Structure. Company IPO listing on Stock Exchange. Integrade Crypto Banking System. Issue Tokenised Blockchain Bonds.
  • 2019 February
    Full Crypto Blockchain Banking

Team

Board of directors

Vicken Kaprelian
Founder & CEO

Team

Kundan Kumar
Tech Manager
Simone Di Sabato
Marketing Director
Victor Elong
Regional Manager
Anil Kumar
IT Associate
Chitranjan Kumar
IOS Developer
Avikal Prakash
Android Developer

ICO information

ICO starts (UTC)
2018-07-08 12:00
ICO ends (UTC)
2018-11-30 11:59
Whitelist
Yes
KYC
Yes
Product status
Other
Est. product launch
12 months
Main competitors
Not specified
Payments
TDS Tokens Bitcoin Ethereum Bitcoin Cash Dash EOS MasterCard Visa
Social media

Token information

Symbol
HDP
Platform
Ethereum
Unsold tokens
Not specified
Token lock time
Not specified
Soft cap
20 000 ETH
Hard cap
50 000 ETH
Circulating supply
45 750 000 HDP
Total supply
200 000 000 HDP
Max bonus/discount
Not specified
Token value
0.003 ETH
Token issue
Not specified

Dates and stages

Stage Type Start date End date Amount Min. purchase / Amount from Max. purchase / Amount to
Pre-Sale 2018-07-08 12:00
Round 1 (by date) 2018-07-09 12:00 2018-09-15 12:00 0.1
Round 2 (by date) 2018-09-15 01:00 2018-10-30 12:59
Round 3 (by date) 2018-10-30 01:00 2018-11-30 11:59

Financial distribution

52% Public
20% Foundation
20% Contributors
5% Team Incentive
3% Bonus

Ratings and reviews

TokenDesk rating
7.3
Reviewed and rated by
0 experts|0 members
TD team
7.8
Vision
9
Product
6
Team
8
Profile
8
Scanner
6.8
TD team
7.8
Vision
9
Product
6
Team
8
Profile
8
Scanner
6.8
Tokendesk team Admin
7.8
Vision
9
Product
6
Team
8
Profile
8

Vision: Hedpay aims to change financial structure by offering banking functions to society. Headpay will include both a traditional bank and a bank for cryptocurrencies features. With Headpay You will be able to transfer your funds, create account, issue debit card, exchange funds, POS even create your own blockchain to provide information and secure your account and insert your cryptocurrencies into Headpay exchange. Also, as a bank Headpay will create funds in cryptocurrencies and offer different crypto portfolios for users. Also, Headpay has plans to open stores across the world to spread information about the cryptocurrencies.  This project have a lot of features and ideas, the main questions are they are able to achieve their goals?

Product: In the first place Headpay creating a platform which will act as bank with different features. To achieve this, team need to obtain a banking licence. According to the Headpay whitepaper team  has started the process of obtaining a banking license in Lithuania already. With banking licence Headpay will be able to offer financial services: Accounts, online banking, debit cards, change of currencies, POS (Point of sale) inside real world shops, investment funds.  Exchanges – users will enter exchange with fiat and will be able to wallet crypto with different functions like leverage trading and etc. Headpay aims to open physical points in all five continents until 2026 starting from Europe with possible franchising opportunities. Using issued debit card users will be able to spend their crypto converting into fiat.  Also, after obtaining banking licence as stated in the whipaper: “HEdpAY will work with its technological staff to create its own blockchain”, however team does not include any blockchain developer and engineer, only website/apps developers, how is it possible? Also, whitepaper have a lack of technical side how everything will be achieved as platform has a lot of planned features.

Team: Headpay team consists of 9 team members without any advisory board included. Team looks rather weak, cause project has a lot of features and requires a lot of security and technical work. None of team members have experience with blockchain or cryptocurrencies and only one member have degree and experience in financial sector. As for developers majority of devs have experience with website/application developing.  

Token: HDP token will be ERC20 compatible built on Ethereum blockchain. Total supply – 200,000,000 HDP.  Token will be used as a main currency on the platform for service payments.The soft cap is set at 15,000 ETH, the hard cua is set at 100,000 ETH, soft cap seems to be very high, but is worth saying that these kind of projects requires a lot of funding.  One red flag was was found in the whitepaper: “If the minimum capital will not be reached the funds will not be returned but project will continue forward.” What if project will receive a small amount of funding and it will be impossible to develop it? You should really consider it before investing.

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HEdpAY

Category: BankingCryptocurrencyFinance
ICO starts
Jul, 8
ICO ends
Nov, 30
TokenDesk rating
7.3
Reviewed and rated by
0 experts|0 members
TD team
7.8
Vision
9
Product
6
Team
8
Profile
8
Scanner
6.8
TD team
7.8
Vision
9
Product
6
Team
8
Profile
8
Scanner
6.8
Platform
Ethereum
Token
HDP
Token value
0.72065 USD
Hard cap
12 010 792 USD
Payments
TDS Tokens Bitcoin Ethereum Bitcoin Cash Dash EOS MasterCard Visa

Write a review

You must be logged in to write a review.