Coinhubba A low threshold gateway
Money is evolving. Within any developing sector, there will always be a need for new services to spring up and match new demands.
Coinhubba is a call to action
Like so many aspects in society, money is decentralising through its advancement. Thanks to technology, cryptocurrency is the result of this development and after a decade of being handled by a selected few it is finally becoming available to absolutely anyone, in any walk of life.
So, here’s how we’re thinking!
Right now, cryptocurrency is mostly available to those who have both a fair amount to spend as well as a high knowledge (understanding) of the underlying technology needed to get into.
But what about this scenario? It’s the end of the month and you’ve only got $50 leftover. Would you try to spend those dollars on cryptocurrency? And would you know how to? If not, why wouldn’t you?
This is why Coinhubba is needed
We know why! Without a significant spend and knowledge on how to enter the Market, most people won’t even bother even if they are interested because of the perceived and actual hurdles that stand in the way.
At Coinhubba we believe that those $50, if the owner wants, should be able to be easily placed into the Market and everyone should have the same opportunities and potential return, not just those with deeper pockets.
Therefore, we have created a service that evens the playing field and holds no prejudice to people’s individual spend.
How does Coinhubba work?
Post our ICO, we will sell our token, HubbaCoin, to an open market with a capped issuance at 100 billion HubbaCoin (HUB).
The first 1,000,000 HubbaCoin will be sold at a closed, set amount of $10 per HUB. With the revenue from our initial 1 million token sales, Coinhubba will enter the cryptocurrency market, creating an opportunity for its customers to see the value of their HubbaCoin rise through our crypto trading activities.
Once the 1 million HubbaCoin sale is surpassed, a new value of those 1 million tokens sold will be calculated based on our trading activities in the cryptocurrency market up until that point. This will set the going market rate for a HubbaCoin and the value will establish the HubbaReserve.
Thereafter these already issued HubbaCoin, as well as each new HubbaCoin, will be priced and sold at the then market rate, based on daily fluctuations.
Simply put, the value of the HubbaReserve in USD will be spread over the total number of HubbaCoin issued to establish the unit value of a HubbaCoin and will stipulate the price, in USD, that’s needed to purchase a new HubbaCoin.
Every HubbaCoin that’ll be sold is to be generated by the Waves platform and held an individual’s digital wallet.
How to join?
All you’ll have to do is register through our app, and set your monthly amount which you wish to buy HubbaCoin for. This monthly amount will be able to be changed at any time via your account. HubbaCoin will be issued in multiples of half tokens (0.5 HUB) and your monthly amount will buy to the nearest half.
After you register three simple steps apply:
- On your chosen monthly date, your payment is made to Coinhubba. This payment is recorded and held in your account.
- On receiving your payment, Coinhubba sells the correlating amount of HubbaCoin back to you.
- The HubbaCoin sits in your wallet until you decide to sell it back to Coinhubba at a future day’s exchange rate.
You (and I!) set the value
The value of cryptocurrency sits with the people and is set using peer-to-peer (P2P) rather than by a governing centralised body, such as a national bank.
With many parts of society decentralising, people are now, more than ever, interested in learning about cryptocurrency and wanting to experience the potential that is within sector.
With this understanding, Coinhubba is a new service, sprung up to meet this new scope.
Welcome to Coinhubba
At Coinhubba, we’re here for the long run. Our practices will be based on market knowledge and research, using automated algorithms to best work the market for our costumers best interest.
We believe that anyone should have the same opportunity and rights to tap into the rapidly growing cryptocurrencies market.
As an English limited company Coinhubba will operate with the relevant regulation, as stipulated by English legislation. Details of Coinhubba’s set-up will be disclosed in the coming weeks.
Anyone with specific questions may contact us via email: