HubrisOne
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Founders of HubrisOne believe that cryptocurrencies and fiat currencies will integrate into each other to start operating as a single global currency in the future. They also think that there is a need to have a regulated, trusted and licenced platform which will help new investors to enter the cryptocurrency market. On the other hand, both currencies have lack of trust to each other which causes problems.
HubrisOne believes that the services and processes of the traditional banking system shall be improved by using blockchain technology and cryptocurrencies.
HubrisOne, is a mobile app that will completely revolutionise the dynamics between the cryptocurrency and the banking sector. At present there is little to no trust between traditional banking and cryptocurrency users. We plan to fuse traditional banking with cryptocurrency, and deliver these services to the masses through an open, honest and fully trustworthy infrastructure, which is easy to use and easy to understand by new entrants into the cryptocurrency market and veterans alike.
The HubrisOne team is introducing a functional utility token known as the Hubris Token (HBRS), which will be used within the HubrisOne app and infrastructure, as a store of value, a way to transfer funds, receive platform access, discounts and used as a form of payment in conjunction with the HubrisOne debit cards.
HubrisOne, is a cryptocurrency wallet and traditional fiat bank account combined into a powerful, intelligent, regulated and compliant digital Apple and Android app. We are focused on merging the benefits of these two powerful industries, seamlessly.
We have designed HubrisOne to be easy to use, secure and intelligent. HubrisOne is more than just a digital cryptocurrency friendly bank account. It's a statement to the world that we believe cryptocurrencies are here to stay and they should be taken seriously.
Our Vision
Our vision is to become the connector between the old world of finance and banking to the new world of cryptocurrencies. In a new, secure, regulated and user-friendly way.
There is a need for a regulated, trusted and licensed go to solution/platform that gives a helping hand to new investors into the cryptocurrency market, whilst still maintaining the importance of their trusted banking system they use on a daily basis. We must not make the mistake to try and eradicate banks but instead to improve their current processes and services on offer by leveraging the technology such as blockchain and cryptocurrencies. We aim to become the world’s first cryptocurrency friendly digital bank, fully complaint and regulated within the United Kingdom.
Just imagine, your day to day banking facilities, accounts, and cryptocurrency wallets side by side. Banking made digital, secure and cryptocurrency friendly.
The second key strategic acquisition channel we see as being effective and significant is leveraging the native HubrisOne cryptocurrency tokens (HBRS) which will be used as a reward (among other uses) for each customer that signs up with HubrisOne.
By rewarding users to sign up with our Hubris Token, we incentivise and reward new users to join and share. This will increase the rate of our customer acquisition, and significantly increase the growth rate of our customer base via organic network and marketing effect.
Funding Proceeds: Distribution
Development (40%) 24/7 Live Chat - 5 Languages
Research and continuous development, processing, design and testing expenses for the Access all account support directly from the HubrisOne app. We will contract and in some cases, hire onto the HubrisOne team the best HubrisOne app and experienced developers within the fintech industry
Operations (20%)
The operational costs are, in most cases, fixed costs associated with most businesses, Personalized and tailored for you and your this includes office expenses, global contact agents to service the bank accounts 24/7,account needssalaries for the HubrisOne employees and team, exhibition expenses for promotion, travel, human resources expenses and subscriptions for SaaS solutions for day to day running of HubrisOne.
Marketing (20%)
We will implement an aggressive social media strategy, due to the mass appeal of our product we have allocated 20% of proceeds to acquire new users. We will primarily execute online social media and platform ads in order to efficiently track ROI.
Security Infrastructure (15%)
Due to the sensitivity of our digital banking solution, we will need to implement the strictest security and compliance standards. Therefore, we will recruit experienced compliance, security and regulatory specialists on-board the team. The team at HubrisOne understands the importance of creating a secure trusted alternative digital banking solution.
Tokens
Partnerships (5%)
Partnerships will be key to our business model, and as a result, we will create a headcount (recruit) of two business development and partnerships managers to ensure we partner with the best blockchain and non-blockchain service providers to join our Open Partner Platform.
As with many others say, cryptocurrency is now the ‘Wild West’. No regulations at all and there is a risk of fraud on every corner. Scam projects, unregulated services/products, price manipulation causes people to lose funds. Although it provides huge opportunities, present condition of cryptocurrency ecosystem doesn’t seem friendly and trustworthy to the ordinary people outside cryptocurrency. So, proposing a solution which would help legitimation of cryptocurrency is a great idea.
The team believes cryptocurrency would not dominate as the major global currency or fiat currency would not be abolished. On the other hand, they believe that both currencies will work together in the future. I don’t share the same ideas with them but the truth about this does make this project good or bad. The point is that observing fiat currency as a partner made this project happen. The solution provided via traditional banking system would bring legitimacy and reliability to the cryptocurrency.
Banks have been in our lives more than 200 years and they have been providing many benefits to individuals and entities. Therefore, combining cryptocurrency with a well-known and respected infrastructure is great as a business idea.
On the other hand, cryptocurrency ecosystem needs banking. It is still our bridge to the ecosystem. If it wasn’t traditional banking system, we wouldn’t buy or sell cryptocurrency. Besides, traditional banking system do not have good relationships with the crypto related businesses at all. Therefore, HubrisOne solution would be a perfect fit for the crypto community.
Solving the extortionate global exchange fees by utilizing one of the fastest and cheapest blockchain technologies, namely Stellar Lumens, would make life easier and profitable for those who need to do such transactions.
Providing all the services with the app which customers could do through a call centre operator, improves the customer/user satisfaction. This would attract more and more users by itself.
With all the features of traditional banking system which make individuals life easier combined with cryptocurrency buying and selling options, I agree that HubrisOne will help cryptocurrency adoption.
For any application which is capable to control funds, security is top priority. HubrisOne is aware of this fact and implemented top notch security measures. This will sustain the reputation to be gained in time by continuously protecting the user funds.
As for the progress made up to date, there are a lot of things completed. Just a couple of milestones to be covered remained. This brings reliability to the project.
Important links:
Website: https://www.hubrisone.com/
Telegram: https://t.me/HubrisOneOfficial
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