HDCoin (HDC) - ICO Fail or Short Lived | Coinopsy
HDCoin (HDC) - Dead Coins

HDCoin (HDC) - ICO Fail or Short Lived | Coinopsy

HDCoin was founded in 2018, it is not trading on any exchanges. HDCoin was added to the dead coins list due to being ICO Fail or Short Lived. Founder/CEO is Ben Simpson.

Summary

  • Main reasons for dead coin listing ICO Fail or Short Lived.
  • Started 2018, Ended 2018.
  • Social media ended 2018.
  • Trading ticker (HDC).
  • 1,000,000,000 Tokens total.
  • Not available to trade on any exchanges.
  • Was built on Ethereum blockchain.
  • Website is down.
  • The Founder/SEO is Ben Simpson.

Further Details

Notes

Failed ICO, Website down and no social media.

Links

https://twitter.com/icohdcoin https://www.facebook.com/ico.hdcoin/ https://hdcoin.co/

Screenshot

Screenshot Archived:

COPY PASTE FROM OLD WEBSITE

HD Group, one of New Zealand’s leading privately owned technology and communication service providers, is launching HDCoin to raise funds for its business endeavours. The company has had an impressive year-on-year revenue growth. This is an opportunity to invest in an established business with real assets.

HOW IT WORKS ?

HDCoin is a cryptocurrency that represents equity in the HD Group. 1 billion HDCoin will represent 10% shareholding in the HD Group.

Each HDCoin token is offered at a price equivalent to US $0.02 at launch. HDCoin purchasers will receive their tokens within 30 days of the payment confirmation and successful completion of the KYC & AML process.

HDCoin holders can trade their tokens on a listed cryptocurrency exchange once the ICO sale is concluded or wait for a buy-back and burn event.

When profits are declared by the HD Group, net of tax dividends will be used to buy back and burn HDCoin using proof of burn function in ERC-20.

HDCOIN LEGAL STRUCTURE

HDCoin is based on a simple legal structure – quite a first for an ICO. Investors buy tokens from HD Coin Ltd. HD Coin Ltd will use the BTC & ETH from the transaction to purchase 10% stake in HD Group. HDcoin Trust owns 100% of HD Coin Ltd. View Trust Document
 

THIS ICO IS NOT AVAILABLE TO CITIZENS, RESIDENTS (TAX OR OTHERWISE) OR ENTITIES IN NEW ZEALAND, AUSTRALIA AND THE REPUBLIC OF FIJI.

HOW DIVIDENDS ARE PAID

HD Coin Ltd will use dividends it receives from the HD Group to buy back HDCoin in the open market. Burning HDCoin implies the burn function is made public and it is possible for anyone with technical knowledge of ERC-20 tokens to validate that the coins have been irrevocably removed from the total supply of HDCoin.
Resources for ERC-20 tokens with a ‘burn’ function:
View Provable Burn: ERC-20 Extension

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