Human Discovery Platform Announces ICO

Announcements, Blockchain, ICO News, Innovation | November 13, 2017 By:

Human Discovery Platform (HDP) has announced its upcoming initial coin offering (ICO), which will begin on November 22. Appoximately 100 million HD-tokens, based on the ethereum protocol, will be available to contributors in the token sale.

HDP is a decentralized system for creation of complex methods of human personality analysis powered by blockchain. It will be part of an industry of personalized digital products focused on self-improvement and related industries. The company aims to create a synergistic environment where the best methods from coaches, psychologists, and other authors will be collected and digitized, with tools created for launching products based on them.

The platform will facilitate the interaction of authors of methodics and their sponsors, as well as entrepreneurs. Currently, to order a methodic from an author – for example, to create an application – an entrepreneur needs to undergo a number of bureaucratic procedures and pay taxes. Because of that, the cost of a methodic grows. A person who wants to sponsor an author of a methodic also needs to go through bureaucratic procedures, and in case he/she and an author are in different countries, their cooperation may be further hampered.

On the HD platform, an author of a methodic can create a contract for a sponsor (backer),  to which part of received tokens from the used block will be transferred. An entrepreneur will get access to ready-to-use APIs of methodics and an expert community of trainers, coaches, and other authors of methodics that have practical experience and understanding of an audience’s needs.

The HD-token will be the main exchange instrument on the platform. Consumers receive rewards in the form of HD-tokens for providing data at registration. This will ensure the traffic of consumers to the platform that creates the ground for methodics and products development. A consumer will be able to either sell received tokens on the market or use them to pay for the use of the platform products. Authors of methodics will receive HD-tokens for the execution of request for data processing by customers – they can be both consumers and entrepreneurs who decide to create a site or social network on the basis of a methodic.

Human Discovery Platform CEO Timur Karimbaev said that blockchain will help to collect people’s behavioral patterns to provide recommendations for various areas of human life on the basis of input data.