Horizon State - HST

I'd like to preface this by saying thank you to whoever the absolute legend here is who recommended Raiblocks on December 1st, thank you for driving my portfolio above 400K for the first time ever

Now, I'd like to give back.

If there's one thing I've heard non-stop for the last month, it's "2018 will be the year of coins with real-world applications", and you can see it in stuff like POWR which has gone up astronomically since it's ICO price of 6 cents.

Now, what better real-world application for blockchain technology than the very foundation of western civilization - voting

Enter, Horizon State. Horizon State (HST) is a blockchain-based platform designed to provide transparency to voting at all levels, from a small local council vote to a large scale federal election. This supports the very fundamental ideas behind cryptocurrency, that decentralization and transparency are of the utmost importance.

You might be thinking, why would any government want to implement this? Well, with current voting methods, elections are estimated to cost taxpayers anywhere from $7 to $25 per vote. With HST, an election on the same scale would cost just 50c per person. That's a massive benefit to both governments and taxpayers.

The team behind Horizon State already have a working voting platform in the form of MiVote (mivote.org.au/), developed by the same people behind HST

Not to mention they're already partnered with the United Nations - the first blockchain-based startup to have a UN partnership (medium.com/horizonstate/united-nations-igo-joins-forces-with-horizon-state-to-accelerate-sdg-innovation-38bd9f8f54d0).

What do you think a blockchain-based voting system that's partnered with the United Nations should be worth? Because right now, it's currently sitting at rank 271 with a $40M USD market cap. A coin like this should be AT LEAST in the top 100, if not the top 20.

Other urls found in this thread:

coinmarketcap.com/currencies/decision-token/
medium.com/horizonstate/horizon-state-token-mechanics-104af1dd26bd
twitter.com/AnonBabble

Pajeet state

Been in since 80c. Sad I didn't see it sooner but I'm still riding easy.

Why would corrupt governments ever want transparent voting be a thing?

Not on coinmarket cap? What exchanges?

It's on coinmarketcap as "decision token" coinmarketcap.com/currencies/decision-token/

Can buy it on ED, Kucoin and Cryptopia

HST is a legit good idea, but what I'm worried about is the team and the product
>no github
>no wallet
>no product to test around
>tons of stuff from the roadmap still missing and no communication about progress

But these can be ignored. The worrying thing is:
>a vote will always use the same amount of fiat - if the token is priced at say 100$, they'll make it so that 1$ is always the price of a vote, so a vote will only cost 0.01 tokens
So I don't see if pouring money at this will make us initial investors rich at all, besides the possible hype rise of the price. The token seems almost worthless, it's the company that's worth something

also ignore the no wallet part, I just remembered it's an erc20 token and I have mine in my wallet

Basically the only real bad thing is the token valuation

Check out Propy (PRO) if you like cryptos with real use cases, it is the first one to work with real estate!

medium.com/horizonstate/horizon-state-token-mechanics-104af1dd26bd

I don't understand what you mean, the tokens used for voting will be purchased from the market for whatever the current price is. I get what you're saying though, but regardless of the fiat price, an increase in adoption of the token's usage would result in a higher buying pressure besides the normal speculative buying pressure. And it'll still have an overall positive effect on the price, since HST plans on limiting the rate at which the tokens can be sold back to the market, as well as burning 8% of all tokens used in voting.