HAG is the world’s first security token focusing on Bitcoin that is designed to pay monthly WBTC distributions.
1. Compliance and Regulation: the HAG security token offering is made in compliance with Regulation D and Regulation S of the SEC. They fully abide by the regulations and fulfill investors’ need for compliance. A great gateway for Web2ers to Web3.
2. Transparency & Timely Allocation: Through smart contracts, they will distribute 70% of the net yield from mined Bitcoin to the HAG holders directly in WBTC. Distributions will be paid on a monthly basis through the INX transfer agent.
3. Sustainable hashing power: Each HAG aims to maintain a peg to 1 terahash per second of Bitcoin mining hashing power. They will reserve the remaining 30% of the net yield from mined Bitcoin to maintain the hashing power. In that way, your HAG’s efficiency should be sustained in the long term.
Interest-bearing asset that is highly correlated to Bitcoin price.
HAG has two layers of value.
Fundamental value: Because the proceeds of HAG will be directly invested in Bitcoin miners with specified efficiency, we expect HAG’s value to correlate with the price of Bitcoin. If we use the cost methodology to evaluate HAG, the fundamental value should be the hashing power price of up-to-date mining equipment. Based on historical data, the price of such mining equipment is highly correlated to the Bitcoin price.
Second layer of value: HAG is a revenue-sharing digital asset that will deliver monthly distributions in WBTC
Mining Equipment:
Miner Series: Antminer s19XP
Efficiency: 21.5 J/TH or higher efficiency
Hashrate: 140 TH
Short description about the token utility/security benefits:
Security Token Benefits:
70% of the net yield from Bitcoin mining will be distributed via smart contract, in WBTC, on a monthly basis.
30% of the net yield from Bitcoin mining will be reserved in a pool to maintain each HAG’s underlying hashing power.
HAG is a revenue-sharing digital asset that is intended to be highly correlated to the Bitcoin price and aims to maintain a peg to 1 terahash per second of Bitcoin hashing power. In contrast to holding Bitcoin directly, HAG entitles holders to receive monthly distributions in WBTC. In addition, unlike other mining products, HAG is fully compliant, is backed by real world assets, and is designed to achieve and sustain long-term hashing power with no decay. Effectuated via smart contract and distributed through the INX transfer agent, HAG’s distribution stream is designed to be transparent, verifiable, and safe.
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