HorsePower ICO details

HorsePower
2 min readMar 8, 2022

Before the HorsePower launch there will be an opportunity to participate in the HorsePower ICO and purchase the $HOP Token

ICO Details

We’re Raising $300,000 for 10,000,000 $HOP tokens at a 0.03$ price each in the ICO

We will do the ICO through the HorsePower website — Link

the ICO will take place at the 16th of May 2022 at 14:00 UTC. It will be open for 24 hours

To participate in the ICO you will require USDC tokens on the KCC blockchain

Post ICO

Immediately after the ICO will be done, several things will happen —

  • The HorsePower AutoCompunding platform will go live
  • The HorsePower Lending platform will go live
  • The $HOP staking pool on HorsePower will be open for investment
  • A MJT-HOP pair will be added to MojitoSwap to enable trading of $HOP through MojitoSwap DEX.
  • 1/3 of the funds together with equivalent $HOP tokens will be deposited into the MJT-HOP liquidity pair pool on MojitoSwap to provide liquidity to the token.
  • 1/3 of the funds will be added to the Lending platform to provide an initial liquidity

Funds usage

33% — Buy MJT tokens to provide MJT-HOP liquidity on MojitoSwap

33% — Adding liquidity to the Lending Platform

33% — Marketing operations to promote HorsePower Platform

Tokenomics

HorsePower is 100% Bootstrapped and has no previous investors or VCs. this means that there will be no insider shilling of the coin in a future date

HorsePower Finance will be governed by its own governance token: $HOP

the main details about the token are:

Max Supply — 100,000,000 $HOP

  • ICO 10%
  • Staking Rewards 30%
  • Marketing 20%
  • Community Pool 10%
  • Team Allocation 30%

Team allocation will be locked for 3 years, with 8.5% vested every quarter

for more details enter the HorsePower website Here

Community

Our mission is to give our partners the best possible solutions in the market. if you have any ideas come tell us!

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