What is HeartBout?
HeartBout is a social network with a decentralized reward system based on a blockchain technology. HeartBout was designed to convert the time spent in social networking to user earnings, where users get their profit in the form of HBC tokens for their activity as authors and voters. The design and functionality of the social network HeartBout has been developed through deep analysis of different services. In HeartBout users can post photos, videos and video links from popular sources like Youtube. Within HeartBout we have developed a unique functionality — the creation of categories accumulating tags and challenges/bouts between user publications.
Ecosystem
The economics of HeartBout is built on the basis of the advertising standard 100 HBC = DAU *U, guaranteeing the exchange of the issued HBC tokens at the request of the holder on the relevant number of ad impressions at the social network. Where DAU is the number of unique users who have visited the app during 24 hours U — advertising.The Reward system of HeartBout social network is built on a decentralized platform using blockchain technology. The authors, voters and miners get a reward in HBC tokens.
Emission.
The issuance of HBC tokens is done on a daily basis. All emitted tokens during the day are distributed between authors, voters and miners. The issuance of HBC tokens, is limited to 200 per day. Voting with hot hearts affects the amount of emitted HBC tokens. Voting with cold hearts does not affect the emission, but can recover the power of “hot hearts” of the voter.
Award author.
The author of a post or comment gets 65% of the HBC tokens from the total emission. The award from a publication depends on the number of positive ratings — “hot hearts” and their power. The calculation takes into account “hot hearts”, received in the 24 hours after publication.
Voters reward.
The reward for voting with a “hot heart” is 15% of the HBC tokens from the emission for voter. The reward is distributed between users, who voted for the publication, subject to sequence number, “hot heart” and its power. To prevent attempts to drive up hot and cold hearts, a special mechanism is used to limit the amount of hearts available and the power of hearts, by establishinges a dependence between the number of used hearts and their power.
Miner reward.
The miner’s reward is 20% of the HBC tokens from the emission when blocks in blockchain are made in accordance with the schedule. Blockchain Heartbout is able to make a schedule for the production of blocks every 3 seconds among the 21 delegates according to the rounds.
HeartBout Coins (HBC)
Crowdsale.
Token Name: Heart Bout Coin
Maximum number of tokens issued for sale : 44,197,720
Sum of the maximum collection amount of ETH : 6 440
Kind of token: ERC20
Price of token: 0.051 $, 1 ETH (at the dollar rate 1 ETH — $ 350) = 6 863 HBC
Minimum purchase sum: 0.1 ETH
Cryptocurrency for payment: ETH
Bonuses:
December 15–31 — Discount of 35% of the price (for limited number of tokens)
January 30 — February 28–20% discount
April 1–30 – 15%
May 10–30 June — 10%
Distribution and Usage
Distribution
Token buyers - 81.5%
The Team - 6%
The first investor - 5%
Advisers - 5%
Bounty - 4%
Marketing - 1.5%
Usage
Marketing - 47%
Development - 40%
Other expenses - 6.7%
Operating expenses - 5%
Equipment - 1.3%
Road Map
Meet the Team
More Info
Website: https://heartbout.com/
Twitter: https://twitter.com/HeartBout
Facebook: https://www.facebook.com/Heartbout-1502342206487293/
Bitcointalk thread: https://bitcointalk.org/index.php?topic=2559327.0
Author: Hurricanecol
My Profile link: https://bitcointalk.org/index.php?action=profile;u=1576406
Eth Address: 0x43D58a3D64062e4E2cF6aD285c7FE3a8B25741cC
