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Have you heard of Hi Dollars? Passive income has been one of the solution to financial freedom? Yes, it may take years to do so but if you don't start something, you will never get there!
I recently get to know of this 'Hi Dollars' blockchain through one of my friend, which I thought it was rather amazing and interesting to know how incredible the blockchain world could be. I decided to read up more through their website and its white paper. 'Hi' aims to develop the world's most scalable and inclusive technologies to maximize human potential. It is built on the blockchain and powered by their membership token the hi Dollar. So, let's dive right in and understand a little better about this crypto project, shall we?
What is Hi Dollars?
'Hi' is incorpoated in Singapore and the project caught most of the crypto lover attention with it's utility. It is co-founded by Stefan Rust, mover and shaker of tech former CEO of Bitcoin.com and Sean Rach, the former CMO of Crypto.com. As mentioned above, their goals is to to be the first service of the development of the world's first universal cross-ecosystem mobile payment and finacnial services platform, that is not-for-profit and community powered. Their members are key stakeholders of the Hi ecosyetem and they are commited to maxmizing membership value.
Where and How to Access?
Currently, the only available avenues to access to 'Hi' is through your regular chat messenger and that is Telegram or Whatsapp. I believe these apps are also what we used on a daily basis and is even better that you don't need to download an app?! (Of course, in the near future there will be one). Using these platforms are brilliant as it aligned with their goal of being scalable and inclusive where it becomes interoperable across all existing internet players!
Upcoming Features
Multi-Currency Accounts and Conversions
'Hi' intends to provide members with fiat currency and digital currency conversion at mid-market rates, as well as, free transfers to other 'Hi' members through some of the world's most popular social media messengers. Apart from that, they are also working with other licensed financial institutions, to allow providing access to a deeper range of services to their members!
Peer-to-Business Transactions
To ensure security and to prevent threats from happening, 'Hi' plans to offer each of their account with know-your-customer ("KYC") identity verification, a virtual debit card once available. With the virtual debit card, members can have the ability to conveniently spend their account balance wherever they are and the cards would be accepted, both online and offline. (The virtual debit card will be integrated with wallets such as Apple Pay, Samsung Pay and Google Pay!).
What's so amazing is that they would be implementing 'Direct Payment to Merchants' function as they know that card transactions fees are expensive for mechants. Hence, 'Hi' will allow merchants to accept payment through 'Hi' itself.
Deposit & Withdrawal
'Hi' intends to offer a number of ways for their transaction to take place and to be paidout.
- ACH and wire (SEPA/SWIFT) transfers of fiat currencies from and to an external bank account.
- Transferring cryptocurrencies to and from an external wallet or exchange.
- Credit card purchase of cryptocurrencies directly on hi.com
- Cash deposit and pickup at partner convenience stores and money agents may be available as well.
Not just that, 'Hi' members who wants to make use of their financial services can de posit Hi Dollars in their savings account. As any saving accounts would be, the minimum deposits requirements as well as corresponding saving interest are outlined in the picture. (Up to 20%!, just like Anchor Protocol!)
Available Features
Earning Hi Dollars (Free!)
Do you enjoy accumulating money without any hassle? Or are you just a hater towards money? Yup, of course, everyone loves being able to monetize in the fastest yet easiest method. Also, what you need is to just sign up (click here to sign up) through Telegram/Whatsapp using your mobile number! Once you are done with signing up, you will only need to answer 1 question a day to earn the daily rewards that they have for you! You may be wondering, wouldn't we be giving away our data for 'Hi' to monetize by selling to all these firms? In fact, on a daily basis, don't you think we are already doing that while surfing the net? Then, why not just get paid to do so!
You probably may think that this is a scam because why would they reward users so easily. However, as what has mentioned instead of spending money on all the costly advertisement fees, they try to get as many people to sign up through the referrals. This budget is then allocated in the form of the Launch Incentives & Distribution Pool stated in the whitepaper. With 1,000,000 people signing up, their rewards are now capped at 1 Hi Dollar/day.
At the current rate of 1 Hi Dollar/day and a price of 0.5 Hi whenever you refer to your friends/family. This will allow you to earn at least 1.5 USD by referring and answering 1 question a day!
If possible, do use my referral code!
https://hi.com/junrongg
When the bots asked for referral, just type 'junrongg' will do. Thank you!
Conclusion
In my honest opinion, there are already multiple services like such but out of every services that is in the crypto sphere. I would say that this is definitely one of the easiest, fastest and accessibe ways to participate in the project and this is what it makes this stands out among the rest.
Yes, with all the crypto projects around, the promises are always enticing at the start but only time will tell whether this will be sustainable in the long run and beat others ahead in the crypto sphere. However, from what I know of the team seems to be working diligently as their token has already been listed in Uniswawp. They also have a very active telegram channel where the mods will answer your enquires and here is the link (mods). I honestly don't think there is any risk to it since there's really nothing to lose if you just want to collect the rewards (Unless you do intend to buy hi Dollars then yes). All in all, this may probably be a project that everyone will look to in the future.
Disclaimer: This opinion piece is merely for educational purposes and does not constitute financial advice. Please do your own due diligence (DYODD) before investing in any type of financial securities.
