✈️ HST airdrop + 💰 token economics

As some of you know, I'm helping Horizon State (HST) ICO, so I will receive tokens soon
For investors there is still time to buy Tokens and receive Big Bonus with airdrop

In the past months we’ve been to 12 cities around the world, engaging with government officials, enterprise partners, global NGOs, industry peers, and more. We’ve presented Horizon State tech at United Nations HQ in NYC, SAP TechEd in Las Vegas, United Nations DP events in Singapore, and at an international Mayors’ forum in South Korea, to highlight just a few events. Media heavyweights Forbes, Investopedia, Finance Magnates, Smith + Crown, Tech Wire Asia, and HuffPost have praised us in their coverage, let alone the podcast and live stream appearances we’ve made.

The support we’ve received from individuals around the world – from publications who want to promote us and see us succeed, to those who have contributed to our funding and are now wedded to our vision – has been incredibly humbling. We sincerely thank each and every one of you for talking to us, talking about us, your financial support, and for the introductions so many of you have made for us. “I just want to help make this a success” is something we’ve heard over and over again, without asking for anything in return, and it has been truly moving.

Of course, this is not the end. It is just the beginning…

With this token sale, you have already given our team operational viability into 2018, where we have numerous commercial deals to announce, as well as two milestone partnerships with two blockchain ecosystem brands you all know – both ran incredibly successful ICOs during the last year.

Unlike most startup businesses running token sales, our product is a business-to-business one. Our technology is being sold into government, NGO, and enterprise customers – not to consumers. Also unlike many startup businesses running token sales, our work does not begin after the sale – it has already been ongoing for many months. Commercialisation initiatives and strategies have been in full swing, with late stage conversations already underway with government at various levels, large enterprises, and global NGOs.

We’ve received a huge amount of valuable input from our community, including concerns about the effect of Bitcoin’s impending SegWit2x fork on the price of ‘alt’ tokens such as ours, but the loudest message was simply that the 60/40 split of tokens between investors and Horizon State needs to remain despite not hitting our cap.
It is our commitment to keep the ratio of tokens held by Horizon State aligned with our original intention – this means holding only 40% of tokens which end up minted (10% for staff and advisors), and not 40% the maximum possible token supply (which will not be realised, as we stop minting on October 30).
We are going to achieve this ratio with an airdrop of additional tokens to everyone who has contributed – sending more HST back to the Ethereum wallets they’ve deposited to us from – as well as burning of tokens out of our reserve.

Existing ICO

The ICO will conclude on 9AM UTC, October 30, 2017.
HST will be listed on exchanges after Bitcoin’s SegWit2x fork (and within 28 days post ICO), to mitigate possible HST price volatility as money moves around the cryptoasset ecosystem unpredictably.
An exchange specific announcement will be made over the coming days.

Airdrop

Our ‘airdrop’ will deliver extra tokens to all holders who purchased throughout the ICO, proportionate to the number of tokens they hold. The airdrop amount will be a percentage of tokens held by each contributor.
This airdrop will take place after the ICO concludes, and the total number of tokens in circulation is calculated.

Token numbers

The current number of tokens will be calculated as the sum of:
Tokens purchased through the ICO and presale.
Tokens promised to various people (e.g – the person whose wallet was compromised, the supporters who for some reason missed the pre-sale even though they were registered, and subsequently purchased in the ICO itself, and a person who accidentally sent Eth directly to our wallet instead of the sale contract)
Tokens promised to advisory board members and other investors who have not yet received their tokens.
Tokens that were gifted to non-for-profit organisations and have not yet been delivered
Tokens purchased in fiat by some investors
Tokens that are distributed as part of the bounty program
We believe the above provides sufficient clarity. Please do not hesitate to join our Telegram group to talk with us.

– The Horizon State team