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What Is Hypersign Protocol (HID)?
Hypersign Protocol is a cross-chain Identity solution & Whitelisting platform.
HID is the native utility token that is used for:
- Fees for processing transactions and storing data.
- Paying for creating DIDs
- Incentivizing Identity and Service Providers.
- Staking
Hypersign tools include:
- Identity Wallet for end users to create their DIDs
- Studio for developers to register their DaPP
- Hypersign SDK that lets developers integrate Hypersign into their Apps.
- Hypersign Adapters to convert existing IAM solutions into decentralized password-free systems.
How Many HID Coins Are There in Circulation?
HID initially launched with 10.875 million tokens in circulation on June 9th, 2021, but this will increase based on the vesting schedule. According to the official tokenomics, HID should reach 100% dilution 36 months after listing (approximately late September 2022).
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
Liquidity provision: 8% — 4,000,000 HID
Overall, the total supply is divided as follows:
Marketing: 5.5%
Fundraising: 22%
BD & Partnerships: 10%
Team & Advisors: 15%
Net Ops — Mining: 32%
Liquidity provision: 8%
Team tokens are locked for 6 months and are then unlocked at a rate of 25% per quarter.
Who Are the Founders of HYPERSIGN Protocol?
Hypersign Protocol features an executive team with over three decades of combined experience in tech firms. It was co-founded by Irfan Khan, Vikram Bhushan, and Vishwas Bhushan.
Irfan has more than a decade's experience in working with 30+ governments and Telecom Regulatory Authorities across the globe to build security and data exchange infrastructures. From Network Security to Smart Passports, Irfan has been in the semiconductor business for a while. Irfan has previously worked in the security space since 2006 from Gemalto [Thales], Cisco, and even Citrix, his last corporate role was Regional Manager for the Middle East, Africa, and Eastern Europe. In 2016 he quit his corporate life to follow his passions. With an educational background in Business, Chemistry, and Behaviorism. In the day he is heading Hypermine, and a part-time electronic musician by night.
Vikram is a full-stack engineer and frontend architect. Having 6+ years of experience in building applications. His last role was Engineering Lead for a small Agile team of 6 members. At Hypermine, Vikram helps to roll out full-stack PoCs lean and quick. He is also involved in finding the right team members to work with. On weekends, you can find him playing drums at any local bar.
Vishwas is a developer turned researcher. His research work revolves around Blockchain, Cryptography, and Security. He was the core developer of Vajra - which is India's premier blockchain project that was to migrate India's national payment network onto a forked Stellar Platform. Before co-founding Hypermine. He has industry-level experience of Bitcoin-core, Stellar-core, and ZCash code bases. Outside of daily work, he is deeply engaged in 'learning and development' programs in some of the Engineering colleges in South India. He holds a Degree in Engineering and loves to ride bicycles and write poetry in his free time.
Where Can I Buy Hypersign Protocol (HID)?
HID is being traded on Uniswap https://v2.info.uniswap.org/token/0xb14ebf566511b9e6002bb286016ab2497b9b9c9d
And soon its getting launched on multiple exchanges
Answers
What Is Hypersign Protocol (HID)?
Hypersign Protocol is a cross-chain Identity solution & Whitelisting platform.
HID is the native utility token used for:
- Fees for processing transactions and storing data.
- Paying for creating DIDs
- Incentivizing Identity and Service Providers.
- Staking
Hypersign tools include:
- Identity Wallet for end users to create their DIDs
- Studio for developers to register their DApps
- Hypersign SDK that lets developers integrate Hypersign into their Apps.
- Hypersign Adapters to convert existing IAM solutions into decentralized password-free systems.
How Many HID Coins Are There in Circulation?
HID initially launched with 10.875 million tokens in circulation on June 9th, 2021, but this will increase based on the vesting schedule. According to the official tokenomics, HID should reach 100% dilution 36 months after listing (approximately late September 2022).
The overall distribution of the total supply 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
- Liquidity provision: 8% — 4,000,000 HID
Team tokens are locked for 6 months and are then unlocked at a rate of 25% per quarter.
Who Are the Founders of HYPERSIGN Protocol?
Hypersign Protocol features an executive team with over three decades of combined experience in tech firms. It was co-founded by Irfan Khan, Vikram Bhushan, and Vishwas Bhushan.
Irfan has more than a decade's experience in working with 30+ governments and Telecom Regulatory Authorities across the globe to build security and data exchange infrastructures. From Network Security to Smart Passports, Irfan has been in the semiconductor business for a while. Irfan has previously worked in the security space since 2006 from Gemalto [Thales], Cisco, and even Citrix, his last corporate role was Regional Manager for the Middle East, Africa, and Eastern Europe. In 2016, he quit his corporate life to follow his passions. With an educational background in Business, Chemistry, and Behaviorism. In the day, he is heading Hypermine, and a part-time electronic musician by night.
Vikram is a full-stack engineer and frontend architect with 6+ years of experience in building applications. His last role was Engineering Lead for a small Agile team of 6 members. At Hypermine, Vikram helps to roll out full-stack PoCs lean and quick. He is also involved in finding the right team members to work with. On weekends, you can find him playing drums at any local bar.
Vishwas is a developer turned researcher. His research work revolves around Blockchain, Cryptography, and Security. He was the core developer of Vajra - which is India's premier blockchain project that was to migrate India's national payment network onto a forked Stellar Platform. Before co-founding Hypermine, he has industry-level experience with Bitcoin-core, Stellar-core, and ZCash code bases. Outside of daily work, he is deeply engaged in 'learning and development' programs in some of the Engineering colleges in South India. He holds a degree in Engineering and loves to ride bicycles and write poetry in his free time.
Where Can I Buy Hypersign Protocol (HID)?
HID is being traded on Uniswap https://v2.info.uniswap.org/token/0xb14ebf566511b9e6002bb286016ab2497b9b9c9d
And soon it will be launched on multiple exchanges.
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