HYCON initial coin offering (ICO)

Powering hyperconnected blockchain solutions



HYCON, which stands for Hyper-Connected Coin, is the digital asset built on top of a faster and more scalable blockchain developed by the Infinity Project team in Gangnam, Seoul. Using a DAG (Directed Acyclic Graph) structure, it has the capability to publish several blocks simultaneously with the ability to resolve conflicting transactions and reject double-spends through the SPECTRE consensus algorithm. This makes HYCON a next-generation cryptocurrency which can be used in the real economy.

3.3
5 5 expert ratings
3.2
3
3.3
3.2
View rating distribution
Starts in 1 year ago
2018-03-30 - 2018-05-11
Token
HYC
Bonus
Available
Price in ICO
1 HYC = 0.09 USD
Accepting
Soft cap
13.9 M (Hit)
Hard cap
60,000,000 USD
Raised
3648100
ICO start
Mar 30, 2018
ICO end
May 11, 2018
More on ICO
Report

About HYCON ICO

BENEFITS OF HYCON

Faster
Quick transaction confirmation times
Honest transactions can be confirmed or rejected definitively in mere seconds, due to the high volume of blocks published within that time interval.

Scalable
On-chain Scalability
Transactional throughput up to 3000Tps on a 2MB/s connection can be achieved as a starting point of the project.

Frictionless
Latency Tolerance
The DAG structure coupled with the SPECTRE protocol allows for network latency to be essentially removed as a limiting factor on transactional throughput. Blocks that are received out of order can still be ordered based on their implied position in the DAG rather than the time they were received.

HYCON reviews

Richard Kastelein
ICO Advisor, 50+ ICOs since 2016, Founder and Publisher of Blockchain News, partner Blockchain Partners, founder Cryptoassets Design Group
Rated on Feb 19, 2018
4
5
5
17%

Looks like a solid team, but they need some advisers. I love the project - I have great respect for ICOs that build native Blockchains over simply riding Ethereum's back. DAGs, used by Iota and Byteball - are super cool and the more projects we see using Directed Acyclic Graphs in the future, the healthier it is for the ecosystem. They also need to spend some more time on the Whitepaper, it's a bit thin at 14 pages.

Reinhard Berger
CEO Pecunio Blockchain Technologies
Rated on Feb 21, 2018
4
4
4
13%

interesting concept, team with ambition..

Murat Ornek
Engineer, Visioner , Investor , Advisor
Rated on Mar 3, 2018
4
4
3
8%

One of a very few original an promising projects

Luca Cotta
Icodriver...expert launching ICOs, ICO Influencer, IT expert.
Rated on Mar 22, 2018
1
1
1
18%

BIG Red Flags

- No code released yet on their GitHub.

- Comment from Niall, their lead developer, saying that he still has to look more into the PHANTOM white paper to fully understand its nuances (https://www.reddit.com/r/HYCON/comments/7vdw8u/spectre_fails_to_provide_essential_linear/dtsqnd4/); that's unacceptable, he should have had a perfect understanding of it already.

- No proof that they've raised 3500 BTC in September and 20 mil $ in ETH private sales

- Distribution model is flawed: If they've actually raised the amounts they claim, because the next rounds are 15 mil $ pre-ICO and 10 mil $ ICO; considering bonuses, it basically means that whales will have over 80% of all tokens in circulation

- Tokens should become available through the HYCON platform at the end of June, which is also when they'll get listed at exchanges... but they won't have smart contracts implemented by then; w/o smart contracts I don't see how this is better than Nano

- The promise of the Infinity platform seems like a mess. Launch your own blockchain .... - seems like unnecessary over-promising.

2 FAIL KYC....

Probably scam...

PlumBot
ICO Analyzer Bot
Rated on Oct 24, 2018
0
0
0
43%


Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

Ratings and ICO analyzer results are being updated (re-calculated) every few hours.

HYCON ICO price

Price in ICO

1 HYC = 0.09 USD

HYCON (HYC) crypto

HYCON coin

HYCON token
HYC
HYCON platform

HYCON (HYC) value

Tokens for sale
1000000000

HYCON market cap

HYCON market capitalization
$ 3648100

HYCON investment info

Accepting
Min. investment
50 USD
Distributed in ICO
10%
Soft cap
13.9 M (Hit)
Hard cap
60,000,000 USD

HYCON whitepaper

HYCON team

Apply as an advisor

Taewon Kim

CEO/ CTO

Dongju Ryu

CISO / CPO

Dongseop Kim

BLOCKCHAIN ENGINEER / DIRECTOR

HYCON milestones

1
January 3rd 2018

WePower idea

2
June 01, 2018

WePower idea

3
March 30, 2018

WePower idea

4
Q1 2018

WePower idea

5
Q2 2018

WePower idea

6
Q3 2018

WePower idea

7
Q4 2018

WePower idea

8
September 25, 2017

WePower idea

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