HyperionX: Truly Open and Free Market Ecosystem

HyperionX: Truly Open and Free Market Ecosystem

Hyperion Protocol will act as a decentralized, autonomous, free market ecosystem, which will create a network like a root system, interconnecting all individual “trees” or users around the world, giving anyone and everyone the ability to contribute to the ecosystem. Think of a new user as a seedling planted in the ecosystem, and as the user grows within the community, so does their tree. A user’s ability within the community will depend on their current stage. There will be 3 main stages of growth (Seedling, Sapling, Tree), with 3 levels in each stage. HyperionX is helping to create a network of trading, sharing and support. It is Hyperion’s mission to present people with the idea of a decentralized world, where people have the ability to become self sufficient and flourish, as an individual, within a network of growth.

Users can interact via Hotspot by contributing and engaging with content through posting, tipping, reacting and sharing. Users can also list goods, services, ads and surveys in the Memberships will always be free forever, but there will be a loyalty program put into place to assist in the stimulation of the ecosystem. TREE Token holders will be rewarded for their loyalty with access to different features on the site depending on their activity and how much token they are currently holding.

All users will have the ability to petition for changes and additions, as well as cast votes on current ballots and disputes The TREE Token distribution will take place over 315 days. This will give ample time for people to familiarize themselves with the project, watch Hyperion’s growth, join the community and get a chance to be a part of the distribution. There is no set token price, the community defines its balance. The price will be determined by the amount of Ether received within each stage. This will guarantee that everyone can be included and will prevent big investors otherwise known as “whales” from ever gaining network dominance.

As an early contributor, you solidify your place within the community at the ground floor of a project designed for the people.Creating this kind of crowd-funding is the epitome of what blockchain and decentralization as a whole represents: gathering small amounts of spare energy from individuals to help support and impact the world around them. For each transaction that occurs through Hyperion, a small fee will be taken, and added into a pool to support the ecosystem. This fee will be decided by an algorithm that is calculating current active users, average TREE Token transactions, and accumulation of contributors compensation via smart contract.

There will be a blockchain rating system intergration since there needed to be a solution guaranteeing user legitimacy. This will keep each user identified through their public key, while keeping their actual identity private, with the ability to create a username if so desired. Tied to their public key will be a rating, this rating represents the user’s transaction integrity. The score is based on ratings and reviews from peers they interacted with. This will promote an engaging social atmosphere, where it is in everyone’s best interest to act their best selves and make lasting connections, empowering their network and the Hyperion community.

As Hyperion is built on a custom blockchain, it is necessary to design a consensus algorithm suitable for the Hyperion Protocol. Requirements are to be independent of user’s hardware and incentivize validating users to stay online, together this will provide stable response time of the system. The solution for this task is the algorithm called “proof-of-service”, which was firstly introduced in Dash’s masternode network. The benefits of utilizing this specific algorithm are as follows: It is suitable for public networks, it does not depend on hardware capabilities, and it incentivizes users to stay online by ranking them by their uptime.

Mitochondria (TM)

Hyperion’s concept will be slightly different from the one introduced in Dash. Masternodes, which we call MitochondriaTM, are responsible for producing new blocks and validating transactions. Hyperion’s Masternodes are the MitochodriaTM of the ecosystem because they are known as the powerhouse of a cell. They provide the energy to run and maintain the system, which is the exact role of Hyperion’s Masternodes.

Cross Pollination (TM)

Will be Hyperion’s own version of Atomic Swaps, which will enable us to trade across other blockchains without the need for a 3rd party. We want to help contribute to the creation of the Internet of Blockchains or a decentralized internet.

Funding Stages

 

HyperionX Video Demos

 

Equilibrium

The TREE Token distribution will take place over 315 days. This will give ample time for people to familiarize themselves with the project, watch Hyperion’s growth, join the community and get a chance to be a part of the distribution. There is no set token price, the community defines its balance. The price will be determined by the amount of Ether received within each stage. This will guarantee that everyone can be included and will prevent big investors otherwise known as “whales” from ever gaining network dominance.

As an early contributor, you solidify your place within the community at the ground floor of a project designed for the people. Creating this kind of crowd-funding is the epitome of what blockchain and decentralization as a whole represents: gathering small amounts of spare energy from individuals to help support and impact the world around them.

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