Hello everyone Today I have a review of an interesting project
called Hawala.Today I will tell you what it is
and what are the prospects.
And so it went!!!
Hawala.Today is a platform for
the exchange of crypto-Fiat currency P2P
that allows practically
instantly and securely to make exchanges, anywhere in the world.
And you have to understand , with the huge rise in popularity
of cryptocurrencies and blockchain technology more and more money
is invested in this area and Hawala.Today is designed
to facilitate access to these investments in the blockchain
and the developers of this project with its platform
removed all intermediaries between buyer and seller
that is, people can exchange
cash for the cryptocurrency or Vice versa without barriers.
Since Hawala is running on the Ethereum blockchain will
support all tokens ERC-20
with the official release of the app.
And as we can see on the website, the developers briefly give
information about the distinctive features of the app
such as : P2P operations in real time.
Hawala.Today is the world's first exchange executing transactions
in real-time P2P crypto-Fiat currencies
with regular updates.
And it works as follows :
The application uses the search mode for
transactions from the vicinity of the user.
You write your swap request
and send.
The first buyer who responded to your request
can become a contractor, then you already making
a transaction in two simple steps via an encrypted
P2P exchanger.
International money transfer
The Hawala Wallet can be used to trade crypto
across the world, with any ERC-20 compatible wallet address.
Instead of searching locally, users can enter
the recipient's address directly into their wallet and send
quick transfers to anywhere in the world.
As this platform are Cash Cards
Many countries are limited or ineffective conservative
financial infrastructures.
Hawala Cash Cards will enable everyone to buy
into crypto with the payment options available to them.
Here it is necessary to Supplement Hawala cache card will allow users to
buy HAT tokens for cash.
The user will enter the code into the app and get
the corresponding amount of tokens HAT.
This card will provide the same functionality as the card
to recharge cellular communication.
And if we go below the website we can see how some
would look like a working app and directly
interface and some menu items such as:
Currency exchange
The users will be able to trade in crypto as well
as fiat-crypto.
The wallet will support credit card and
local bank account integration.
There is still important to note that Hawala Today uses the Bank account
of the user for storing Fiat money.
These funds do not belong to the Hawala Today, they belong
to the customers, and even if the app becomes insolvent,
Hawala Today, or of his creditors, will not apply to them.
On-Demand Coin Entry Integration for ERC-20 tokens
will be added to the wallet based on preference
community and support.
The community would be able to vote on certain new tokens
for app support.
The integration token is two levels.
The first level is its appearance in the list on the exchange.
Any token that is not available in the exchange
may be appointed by the community.
If a nomination will receive wide support (in the form
of votes), the token is added to the exchanger Hawala.
The second level is a cryptocurrency that can be bought
with Fiat currency.
Trust Rating. After each transaction
users will be prompted to rate and review
their interaction.
In the future, other users will be able to use
it to evaluate potential deals.
This feature will help to minimize
the risks.
Through the maintenance of "fair exchange", many bona fide
buyers and sellers should be able to quickly obtain a
high confidence rating
And the next tab in the app this :
Token Staking. Staking in the Hawala Wallet
is essential for the IFS model to produce
more tokens.
It rewards the holders based on the
amount they stake.
Well, here I think it is clear the stored tokens of the platform on the wallet
obtained promotion from 15% in the first year and up to 7.27% in the last
year , and the Hawala tokens will have
priority for access to the payment functions
on the platform , especially when exchanging for Fiat.
Verified Users. Users of the platform
Hawala Today pass the verification according to the standards of AML / KYC.
They have resorted to this for the success of the project and for its
effectiveness.
Only these users will be able to trade amounts
upwards of $600. We need to understand that
this function is an additional degree of
user protection.
It can help to increase the number of bona fide
users and to stimulate user
activity without the risk of losing money.
Now let's move to the tab download, here
we offer you download the alpha version of the wallet which
is already having a Hawala tokens can be up to 15%
promotion as I said earlier.
Accordingly, the wallet has
3 platforms like : windows, android and macos.
After you download the wallet for your system
you can go into it and import there
ether wallet from which you have the private key.
I will now demonstrate ...push from the top import wallet
then enter the data of your wallet... press import
wallet and then we see that in the tab wallet there
are your wallet... And if your wallet
has tokens this platform then you can receive .
a reward
Now let's move on to the site and I will tell you
directly about the token platform.
And as we can see the character token (HAT)... the bottom address of this
token , and accordingly the total number of tokens
7,000,000 and the initial amount 2,500,000 1,000,000 of which was
distributed on airdrop.
Below we see the so-called Incentive For Stake or abbreviated
(IFS) And let me give his own words will
tell the work principle of :
After initial proposals 2,500,000 each year the tokens
will be added to the proposal with interest rates
ranging from 15% and ending with 7% , and as can be seen
from this graph we reach the limit of 7,000,000 coins for 10 years.
And, accordingly, the same % will be promote to
holders of coins.Thus, in fact, all tokens issued after the initial
offer, will be distributed among
the holders of the tokens until, until you
reach the chapel.
Here we must also understand that when you drop % promotion
the price of a token will rise accordingly ,which will lead to the.
creation of a natural interest in these tokens
And the following what I would like to draw attention to this
road map of the project.
From the 4th quarter of 2017 and is being developed as we see
already done in such a short time.
4 quarter of 2017 COMPLETED Concept & Research
for the P2P exchange. Website & Prototype Development
Exchange Listing & Airdrops. Testing for IFS Model
1st quarter 2018 COMPLETED. Website Rebranding.
Hawala Staking Wallet Alpha Release (PC/macOS)
Coin Swap / IFS Implementation
Alpha Testing for Mobile App (25 community testers)
Mobile App Release
(Android/iOS). in the development :
Alpha Mobile Wallet Release on PlayStore and App Store
arketing Campaigns (ongoing). Well, for the rest
let's briefly go through as all the information is available
on the site you can see.
2nd quarter 2018. Security, Exchange &
AMS Platform. 3rd quarter 2018.
Implementation & Beta Testing. And already in the 4th quarter of 2018 is going out
App Release & AMS Platform (Beta)
Well, for a more detailed study of this project
on the website you can get acquainted with white paper , there's more
useful detail all of the material, a reference to her I will leave below
the video.
So let's summarize: the project is very interesting
in its idea and implementation ,the project is already almost a
finished product and on the cryptocurrency market have Hawala Today just
great prospects.
That's all bye!
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