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About Hypersign Identity
Key Points
- Hypersign Protocol is a cross-chain Identity solution & Whitelisting platform.
- HID is the native utility token used for fees, creating DID’s, incentivizing Identity and Service Providers, and staking.
- Hypersign tools include Identity Wallet, Studio, SDK, and Adapters.
Tokenomics
- Initial circulation: 10.875 million tokens (June 9th, 2021)
-
Total supply divided as follows:
- Marketing: 5.5%
- Fundraising: 22%</
Introducing Hypersign Identity: Empowering Digital Identities
Introducing Hypersign Protocol (HID): A Revolutionary Identity Solution
Hypersign Protocol is a pioneering, cross-chain identity solution and whitelisting platform.
HID is the native utility token, serving as the cornerstone of our ecosystem, and is utilized for:
- Transaction processing and data storage fees.
- Charges for creating decentralized identifiers (DIDs).
- Incentivization costs for identity and service providers.
- Staking rewards.
Hypersign’s arsenal of innovative tools includes:
- A comprehensive Identity Wallet, empowering end users to create their own Decentralized Identifiers (DIDs)
- A dedicated Studio, providing developers with a seamless platform to register their Decentralized Applications (DaPPs)
- The Hypersign Software Development Kit (SDK), enabling developers to effortlessly integrate Hypersign into their applications
- Hypersign Adapters, designed to convert existing Identity and Access Management (IAM) solutions into decentralized, password-free systems
The Circulating Supply of HID Coins: A Closer Look
HID initially debuted with a circulating supply of 10.875 million tokens on June 9th, 2021, with a planned increase contingent upon a vesting schedule. According to the official tokenomics, HID is expected to reach 100% dilution approximately 36 months after listing, around late September 2022. The token allocation is as follows: Reserve fund: 7.5% — 3,750,000 HID; Fundraising: 22% — 11,000,000 HID; BD & Partnerships: 10% — 5,000,000 HID; Team & Advisors: 15% — 7,500,000 HID; Net Ops — Mining: 32% — 16,000,000 HID; and Liquidity provision: 8% — 4,000,000 HID.
Notably, the total supply is allocated as follows: Marketing constitutes 5.5%, Fundraising accounts for 22%, Business Development and Partnerships comprise 10%, Team and Advisors hold 15%, Net Operations and Mining occupy 32%, and Liquidity Provision makes up 8%. Furthermore, Team tokens are subject to a 6-month lock-up period, after which they are unlocked at a quarterly rate of 25%.
The Visionary Founders Behind the HYPERSIGN Protocol
The Hypersign Protocol boasts an executive team with a cumulative experience of over three decades in esteemed tech firms, co-founded by the visionary trio of Irfan Khan, Vikram Bhushan, and Vishwas Bhushan.
Irfan boasts an impressive track record of collaborating with over 30 governments and Telecom Regulatory Authorities worldwide, designing and implementing robust security and data exchange infrastructures. His extensive expertise spans multiple domains, including Network Security and Smart Passports, with a strong foundation in the semiconductor industry. Prior to his entrepreneurial pursuits, Irfan held prominent positions at esteemed organizations such as Gemalto (Thales), Cisco, and Citrix, culminating in his role as Regional Manager for the Middle East, Africa, and Eastern Europe. In 2016, he made the bold decision to leave the corporate world behind, driven by his passions. With a unique educational background in Business, Chemistry, and Behaviorism, Irfan now spearheads Hypermine by day and indulges in electronic music by night, showcasing his creative versatility.
Vikram is a seasoned full-stack engineer and frontend architect, boasting over six years of experience in crafting applications. In his previous role, he served as Engineering Lead for a nimble Agile team of six members. At Hypermine, Vikram plays a pivotal role in rapidly developing lean and efficient full-stack proof-of-concepts. Additionally, he is responsible for identifying and recruiting top talent to join the team. When not working, Vikram can often be found showcasing his drumming skills at local bars on weekends.
Vishwas, a seasoned developer turned researcher, has dedicated his research endeavors to the realms of blockchain, cryptography, and security. Notably, he was the core developer of Vajra, a pioneering project aimed at migrating India’s national payment network onto a forked Stellar Platform, thereby earning the distinction of being India’s premier blockchain project. Prior to co-founding Hypermine, he accumulated extensive industry experience, having delved into the code bases of Bitcoin-core, Stellar-core, and ZCash. Beyond his professional pursuits, Vishwas is passionately involved in ‘learning and development’ initiatives at various engineering colleges in South India. Holding a degree in Engineering, he indulges in cycling and poetry writing in his leisure time.
Acquiring Hypersign Protocol (HID): A Comprehensive Guide
HID is currently listed on Uniswap, accessible via
this link
.
And soon, it is slated to debut on multiple prominent exchanges.