[Hilarium ICO Talk] The Future of the Hilarium platform

Hilarium is an entrepreneur-based reward platform.

Platform coins such as Ethereum and EOS do not have a specific business model.

Therefore, the value is not evaluated according to a specific business or its profit. The greatest argument for the value of a cryptocurrency is that value rises whenever usage increases.

There is, of course, the premise that unlike real currency, cryptocurrency is non-flexible and limited in supply.

Therefore, it is important to obtain more uses to increase the platform coin value.

This means that the more dApp (decentralized application) or Tokens are on the platform, the more the coin usage is increasing, thereby its value also rising.

In the case of EOS, additional devices have been added to further increase of this effect.

To place Tokens or dApp on the EOS platform, the operator(entrepreneur) must purchase and retain EOS as much as the network bandwidth or computing power required.

Coins used for this purpose are excluded from circulation in fact, because they cannot be sold or used for other purposes while the entrepreneur maintains its business.

Using this method, EOS will have a similar effect to the fact that the total issuance of coins is reduced in actual.

Therefore, the more  the number of entrepreneurs who want to use the platform, the greater the effect of reducing the amount of money supply volume.

To be exact, there is no change in the total amount of money supply, it's reducing the circulation and increasing the amount of money supply volume, which is in an unusable state.

This in turn, in addition to increasing the demand of cryptocurrency by increasing the number of usages, which is the role of traditional dApp - have added the function of ability to reduce the circulation of the cryptocurrency, thereby reducing the supply as well.

Hilarium has adopted a similar mechanism, a reward entrepreneur must do a coin staking to generate rewards.

Reward entrepreneurs recruiting members, increase demand by paying the Hilarium rewards, expand the ecosystem, which is like the traditional role of dApp in platform coin.

At the same time, for an entrepreneur - to pay a reward, a significant amount of coins must be staked and not circulated, thereby serving to substantially reduce the supply of coins.

Therefore, like EOS, Hilarium is designed to have the double 
effect of increasing the number of entrepreneurs on the reward platform to increase the coin demand and to reduce the supply, thereby rising the coin value.