🖧💻HAWALA - Your Easy Gateway to the Cryptosphere💻📱
Amidst the cryptocurrency revolution hundreds of new projects are showing up every day which has enormous growth potential. The cryptosphere will become the most invested platform in the years to come. But for people to invest their hard earned money into some platform there has to be enough security to it which is nicely done by the blockchain.
Another thing that is very necessary for the public investment is public awareness and public accessibility for acquiring crypto assets. This is where Hawala.today comes in handy. It is the world’s first real- time P2P crypto-fiat exchange platform.
Hawala.today will hence become the bridge between fiat currency (like USD) and cryptocurrency. This will motivate people to hold crypto assets and will encourage them to invest in the cryptosphere thus accentuating the growth of the entire ecosystem. (https://www.hawala.today/)
Why to choose Hawala.today?
Hawala is a seamless platform that brings the cryptocurrency-fiat exchange in your mobile app. Being extremely simple, easy to use it further makes the user feel safe and the platform to be extremely reliable. If someone today wants to invest in cryptocurrency they do not need expert technical knowledge about blockchain tech.
The Asset Management services (AMS) at Hawala will further guide users about the investment options and the asset managers will hence create another ‘layer’ of ‘trust’ for the users.
Further they also offer additional API services for budding entrepreneurs free of cost. This will enable businesses to expand their financial system over the blockchain. This will in turn make cryptocurrency further acceptable and will transform it into a ‘common commodity’ i.e. “by the people, for the people”.
Thus Hawala will be the vehicle on which ‘crypto asset trading’ will hop on and will enter onto the path of mass adoption. It not only makes crypto world very accessible it also will decrease cost and decrease the amount of time that will be required for trading.
(https://www.hawala.today/)
The HAT token
Hawala token or the HAT token is the central pillar for trading in crypto-fiat exchanges on this platform. It functions on ethereum main network (gas-ETH).There will be a total of 7,000,000 HAT tokens with 2,500,000 available initially in the first development year.
According to Hawala ‘Users will have to stake HAT tokens in order to mint more tokens’ this will regulate the total HAT supply and contain the inflation rate. This financial model is called incentive for stake model (IFS model) and is highly safe and trust worthy. It protects against illegal mining of the HAT tokens. IFS will also offer rewards for staking and this will keep the currency in motion.
Hawala token will be the key to fiat-crypto exchanges and is the payment mechanism on the Hawala platform. Both the tokens and the fiat money will be stored in the ‘Hawala wallet’. This wallet will also allow direct exchanges with the other ERC20 compatible wallets. Users can also purchase ‘Hawala cash card’ from local stores to buy into cryptocurrency.
These features brings cryptocurrency next door and builds ‘trust’, ‘acceptability’ and creates ‘awareness’ for the users.
Official Website: https://www.hawala.today/
Whitepaper: https://www.hawala.today/blog/HAT_Whitepaper.pdf
Twitter: https://twitter.com/HawalaToday
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