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HMS (Hi Mutual Society)
HMCs are ERC20 tokens of HMS. HMS is a decentralized global health mutual support society based on blockchain technology. By exchanging risk agreements through smart contracts, members promise to be liable for each other’s health risks through commitment agreements. Members are linked through health and form mutual societies, wherein by helping others, members receive equal commitment of support from others. HMS is completely different from existing mutual support models, enabling a true decentralization of mutual support.
1. Low cost and full transparency: By removing unnecessary costs of traditional insurance plans (e.g. labor, data, system, etc.) and achieving a self-governing insurance society, HMS aims to minimize the costs and maximize the benefits of insurance. Through publicly available system ledgers and a decentralized operating model, users are able to clearly and intuitively understand the operations within the society, thereby safeguarding security of user data.
2. Data and risk control: HMS introduces the most comprehensive mutual support data model through the largest (so far) mutual support product database analysis, enabling the establishment of all-inclusive mutual support societies for risk control and allowing for these societies to have the strongest barrier to hedge against risks.
Excellent foundation: As an early developer of blockchain applications, the HMS team has solid technical capabilities and a large number of early supporters. – HMS (Hi Mutual Society)
HMC usage: tokens for trading in DAPP (decentralized app).
HMC token distribution:
20% - Founding and development team
10% - Daily operation of the community
30% - Private sale
40% - Incentive engine
Token smart contract address: 0xAa0bb10CEc1fa372eb3Abc17C933FC6ba863DD9E0xAa0bb10CEc1fa372eb3Abc17C933FC6ba863DD9E
Official website: http://hms.io/