Tuesday, June 5, 2018

[Hilarium ICO Talk] Hilarium Business Model



Hello Everyone, this is Chris Kim from the HILARIUM FOUNDATION. 

Last weekend, I talked about Hilarium’s main business model. 


http://hilariumfoundation.blogspot.com/2018/04/hilarium-ico-talk-hilarium-blockchain.html

http://hilariumfoundation.blogspot.com/2018/06/hilarium-ico-talk-blockchain-reward.html


Hilarium has begun to make a reward coin that can be used 
anytime, anywhere.

Our team seeks to provide a differentiated value with our 
membership reward platform service, which connects entrepreneurs
and customers through blockchain-based smart contract. 




Fast Payment Speed + Low Fee  

Due to the nature of membership reward business platform 
that usually forms a small customer market, it’s not quite easy 
to build the reward platform that we want among the current 
major cryptocurrency platforms.
Key issues to consider in the Hilarium platform selection 
are sufficient speed for large payment requests and an expensive 
or complex fee structure.

That being the case, Hilarium is planning to use the EOS solution
that supports the DPOS-based agreement algorithm to ensure 
fast enough traffic and solve the issues of transaction speed 
and commission fee. 
Also, we are thinking of opening up a separate network using EOS.

This Hilarium Reward Business model maximizes scability through 

a differentiation strategy in the micro-payment market. 
It will thus contribute to the stabilization of early reward business
models by initiating pilot projects like Hilarius and Hila-Edu. 
This is a strategy to build a virtuous cycle model of Hilarium Coin.



As the number of customers using coins increases through the 
value creation in the membership reward platform, the amount 
of deposit coins increases with the increase in the number 
of entrepreneurs. 
This structure increases the Coin demand and  naturally makes 
the supply insufficient.
In consequence, with the increase in the coin value, customers 
and entrepreneurs holding Coins can enjoy higher value. 

For today, I’ve shown the overall picture of how we would 
build a virtuous cycle model by creating value through 
membership reward platforms and expanding the market 
through differentiation.


Thank you- Please keep supporting us! 

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