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Summary of Hub – Human Trust Protocol
Overview
- Hub is a blockchain-based protocol for encoding user identity and reputation.
- It aims to become an interoperable digital identity protocol across multiple platforms.
Applications
- Hub platform: rewards-based event and community platform
- KarmaCheck: portable background screenings
Token Information
- Total supply: 1.75B HUB tokens
- Token uses: staking, trading, and granting rewards
- Token distribution: 27% private sale, 20
About Hub: Unlocking the Power of Human Trust Protocol
Introducing Hub: The Pioneering Human Trust Protocol (HUB)
Hub envisions a future where user identity and reputation are securely encoded on the blockchain, paving the way for a decentralized digital identity protocol that seamlessly interoperates across multiple platforms. By empowering users to reclaim ownership of their identity data – one of the most valuable and sensitive data types – Hub unlocks new avenues for economic opportunities and financial liberation within communities and marketplaces.
The Hub’s current repertoire of applications encompasses:
- Hub Platform: A Rewards-Based Event and Community Platform
- KarmaCheck: Portable Background Screenings for Enhanced Trust
Hub tokens play a pivotal role in the protocol, serving to:
- Foster a culture of trust by incentivizing reliable interactions and transactions among users
- Facilitate seamless trade for a diverse range of products and services
- Bestow rewards to deserving participants
The Circulating Supply of HUB Tokens: A Closer Look
Hub inaugurated its mainnet in April 2019, accompanied by a total supply of 1.75 billion HUB tokens. A private sale accounted for 27% of the tokens, while 20% was allocated to the team, another 20% was earmarked for ecosystem development, and the remaining 33% was set aside in reserve.
Meet the Visionary Team Behind Hub
HUB is a token introduced by Hub Token, founded by Eric Ly, the esteemed co-founder and inaugural Chief Technology Officer of LinkedIn.
Ly came to a profound realization: users were placing their trust in the identities and profiles of individuals, as well as the information gleaned from social networks, without verifying the authenticity of such information. In this environment, trust was being eroded, and the potential for trade was subsequently diminished. Ly endeavored to establish a protocol where robust identities and reputations would empower users to reap economic benefits.
The seminal whitepaper was penned by Ly, Rich Miller, and Miko Matsumura, a trio of visionary experts. Miller, a renowned authority on distributed ledger technologies, was instrumental in shaping the architecture of email protocols. Matsumura, a pioneer in the realm of blockchain, crypto, and DeFi, was one of the original Java evangelists. The subsequent whitepaper, which introduced Hub’s innovative two-token system, was co-authored with Samuel Smith PhD, a distinguished founder of the reputation spoke at ConsenSys and former Chairman of the Sovrin Foundation.
Our team comprises seasoned technologists and advisors, boasting an extensive network of connections within Silicon Valley’s esteemed VC, startup, and Stanford University circles.
Acquiring HUB: A Comprehensive Guide to Purchasing Options
Hub is listed on an increasingly diverse range of exchanges, prominently featuring:
Explore the following links for a seamless cryptocurrency experience:
Bitcoin Hub to BTC
,
Bitcoin Hub to USDT
, and
Uniswap Pair Information
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