Hyperbridge – Protocols and Digital Platform for Next-Generation Applications
TL;DR: Hyperbridge is developing decentralized protocols for the deployment of next-generation applications, within industry-specific “micro-economies”. Hyperbridge’s BlockHub is a demonstration of the capability of the Hyperbridge Protocols. BlockHub is creating an ecosystem to bring developers and users together, the platforms’ first micro-economies will focus on bringing game developers and consumers together, it will provide game developers with a simple out-of-the-box solution to deploy their games and a vibrant marketplace for game consumers.
Background: The Problem
I can vividly remember that not so long from now the buzzword was “the cloud” and talks around cloud computing was everywhere, but while king cloud was yet to settle in the royal seat, it appears a new king maybe taking over the royal seat, can you guess who this new king might be? Of course, it’s the “The Blockchain”. I’m guessing by now you have a cup full of “blockchain stories”. Hope you can relate with the PUN!
Ok let’s down to business; it is evident that the Blockchain is now at the center of current technological advancements and probably would be the next of its evolution. As it stands, everybody and every organization that matters in the technology industry is already neck deep in research to try to really understand this new baby and see how to exploit its strengths and capabilities to their advantage.
However there are some major barriers that have further complicate the adoption of the blockchain, for example, the high complexity of the blockchain and the absence of a clear path for developers “most especially non-developers” to adopt the blockchain in ways that are both simple and viable, also there are inadequate matured tools that can help not very technical creators to leverage the blockchain to launch their solutions in a simple, convenient and cost-effective manner.
Likewise, getting access to startup funding to cover the development and launch of their solutions is another challenging aspect for creators. When we look at the procedures and methodologies of going about this the contemporary way; for example pitching to venture capitalist, which is very demanding and most times are not guaranteed, and other times; the terms and conditions the investment stifles creativity and growth.
Though, the blockchain as a peer-to-peer technology has the needed raw elements “which can provide a viable and more convenient alternative to these problems” baked in, there is the need for simple and convenient foundation “customizable out of the box solutions” which none-technical creators can build on, in a streamlined environment with absolute freedom.
Hyperbridge intends to bridge this gap by developing decentralized protocols for the deployment of next-generation applications, within industry-specific “micro-economies, the first of its type which is powered by BlockHub.
Hyperbridge’s BlockHub is a demonstration of the capability of the Hyperbridge Protocols. The BlockHub is creating an ecosystem to bring developers and users together. The platforms’ first micro-economy will focus on bringing game developers and consumers in the indie game scene together, it will provide game developers a simple out-of-the-box solution to deploy their games and a vibrant marketplace for game consumers.
What is Hyperbrigde?
Hyperbridge decentralized protocols are simple and convenient protocols which application creators/developers can use to build and deploy next-generation decentralized application, with focus on precise niches “which Hyperbridge calls micro-economies”. The Hyperbridge team understands the power of their protocols can only be proved by building applications on it, hence the development of BlockHub, believing that by the time BlockHub is fully matured, it would have proved the capability of Hyperbridge Protocols.
Ecosystem
1. BlockHub
Hyperbridge’s BlockHub is a decentralized blockchain based platform that aims to encourage creativity and innovation by removing the hindrances faced by developers and app creators in developing and launching their apps to the marketplace. It brings developers and users together in an efficient, fair, and collaborative ecosystem. It is a marketplace, interface, and digital distribution platform within focused micro-economies, where users can search, purchase and download apps & games.
Developers will have access to out-of-the-box tools and be able to raise funds through crowdfunding, which will help them to easily deploy their innovative apps, while the user will have access to the vibrant marketplace which will allow them to discover and interact with these innovative apps.
Like every other apps store, apps publishers on the BlockHub marketplace will pay publishing fees and a percentage will go back to maintaining the marketplace; any other token can be used for transactions, but those that choose to use Hyperbridge’s native token (HBX) will enjoy discounted fees. BlockHub’s identity creation tools will provide a permanent way for developers to build their reputation and credibility and using creation suite; product origin is always trackable and linked to the creator.
Presently, the first micro-economy deployed on through BlockHub focus on game developers and consumers in indie games scene. Meaning; game developers in the indie games scene now have the ability to easily deploy their games to the market and game consumers can have access to them in the marketplace.
BlockHub Features
Below are some of Hyperbridge’s BlockHub features (you can check out the Whitepaper for the full detailed features description):
- Equitable, a low-fee platform for developers to launch their apps.
- Noise-free environment for users to find and support quality projects.
- A universal ecosystem currency called the HBX that can be used for purchases, fees, bounties, and transactions.
- Secure crowdfunding platform that leverages smart contracts to enable staged fund release, and secure product delivery.
- Tokenized licenses, assets, and game credits that will be transferable wallet-to-wallet.
- A thriving community, facilitating the interaction between users and developers, encouraging community members to inform and collaborate what is being developed within the ecosystem.
- Easily convert existing projects to be supported by blockchain infrastructure. Accept crypto payments, create, store and manage assets. Securely and quickly receive and make payments with an integrated wallet.
- Utilize machine learning and AI techniques to provide business insights related to sales and industry performance.
- Faster & Lower Fees; decentralized format means fewer points of friction means fees are considerably less than the 30% charged by other app marketplaces, and payment is not subject to arbitrary time and revenue thresholds.
- Conveniently manage ALL currencies in our secure, integrated wallet. Explore, download and launch applications in a refined UI/UX that makes the complexity of transactions simple.
- Crowdfund and gain early access and advantages to games and applications that you wish to support.
2. Digital Assets Management
Users can use any Ethereum compatible wallet to interact with Hyperbridge protocols, either by creating new or import an existing wallet, multiple crypto will be supported (ERC-20 tokens initially) and the transactions happen on the blockchain peer-to-peer without intermediary, all BlockHub do is remove a small fee. Since multiple crypto will support app publishers can choose the crypto they accept and consumers can choose to contribute one of the accepted crypto or convert any of the other tokens, the conversion uses a smart contract and only tokens integrated with the Bancor protocol will be supported initially.
Developers will be able to issue uniquely generated tokens upon purchase of their product, and then track ownership and usage data based those keys, as such avoid piracy issues. Also, in partnership with NeurSciences, BlockHub will provide adaptive AI that will help developers to be able to make data-driven decisions and more effectively forecast what will and won’t work.
3. Crowdfunding
BlockHub will use a smart contract powered standardized protocol for game developers to propose project ideas and proposals to users and acquire funding through crowdfunding. The users can review project proposals and contribute cryptocurrency to support projects; after which they are considered as contributors of the project and are entitled to rewards at the successful completion of the project, as outlined the project proposal.
4. Community & Social Incentive
The BlockHub community will be primarily for enabling interaction between users and developers. Developers and users will have the opportunity to support each through mutually beneficial and incentive programs. Also, users can back a project they believe in and support it in several ways far beyond purchase or crowdfunding.
5. Wallet
BlockHub provides a secure wallet that is a key element of the ecosystem, it enables users and developers to seamlessly carry out financial transactions, especially it provides a safe and secure means for developers to collect payment for the sales of their apps.
Roadmap
Token/ICO
Token Symbol: HBX
Platform: Ethereum
Type: ERC-20
ICO Starts: November 10, 2018
Price: $0.055 USD
Accepted: ETH
Total Supply: 1,000,000,000
Note that the Private Sales is currently live and you can get HBX at a discount price of $0.04. While Public Sales starts in less than 3 days from the time of writing. You can visit Hyperbridge Website - https://hyperbridge.org/#token to find out more or go directly to the token sale page - https://blockhub.gg/#/token if you are ready to join the sale.
Token Distribution
Use of Funds
Team
Advisors
Conclusion
There's no doubt that many of the current blockchain development platforms are relatively complex, with a steep learning curve and are not new users friendly, but if the adoption of blockchain must go mainstream, like we all hope, there must be newbie-friendly protocol level development platforms to powered that level of adoption.
Hyperbridge is a project that I believe occupies this intersection and has a great potential for success. I'm particularly impressed in the fact that the team has not adopted the overhyped medium of advertising & marketing but, have actually gone ahead to build an innovation and creative application on their protocols, to prove its power, and despite their being under the radar, they have been working hard in development.
More About Hyperbridge:
Website: https://hyperbridge.org
Whitepaper: https://hyperbridge.org/whitepaper
Telegram: https://t.me/hyperbridgechat
Twitter: https://twitter.com/hyperbridge
Facebook: https://www.facebook.com/HyperbridgeTech/
Linkedin: https://www.linkedin.com/company/18307788/
Medium: https://medium.com/hyperbridge
Steemit: https://steemit.com/@hyperbridge
YouTube: https://www.youtube.com/channel/UCbtt3DC0vdXdgif7q-JWd-Q?view_as=subscriber
BitcoinTalk ANN: https://bitcointalk.org/index.php?topic=2627769
Github: https://github.com/hyperbridge
DISCLAIMER:
This is not a financial advice, always do your own research (DYOR) before investing in any project.
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Bounty0x username: edundayo
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