Categories: Press Release

Hypnoxys Decentralized Messaging Application Successfully Reaches Hard-Cap with Incentivised Dapp

February 25, 2019, Denmark Hypnoxys (HYPX) is a project with the dream of decentralizing the ‘chatting industry’ and as such, has developed a multi-functional messenger app and protocol that delivers all the staples of instant messaging such as group chats, audio, and video calls etc., whilst also offering a native token that can be earned through using the application.

Time for Change

Instant messengers come in all shapes and sizes, though they typically offer simplistic over-used features that are lacking in innovation and are simply advertising revenue streams for their stakeholders. Furthermore, centralized systems have been taking advantage of user data and conversations for quite some time, and that needs to change.

With HYPX, it will change. By tapping into blockchain technology, users can rest easy knowing that their conversations aren’t visible to centralized entities. They are instead bolstered by the tech and made highly secure through encryption.

Messages for straight from the user to the blockchain without any go-betweens, they are then encrypted with a process called HYPX-crypt, making them impossible to be decrypted by anyone.

Incentives

On the multiplatform Dapp (Decentralized Application), the native crypto, HYPX, can be earned by holders of the token who utilize the application and willingly accept advertising.

Additionally, when a user holds 5,000,000 HYPX tokens and adds advertising to the application, their HYPX earnings are boosted by a 1.25x multiplier, and higher revenue can be gained.

Furthermore, HYPX can be transferred between users through the Dapp, paving the way for a possible ecosystem to develop and grow in the HYPX community.

Now and Then

The HYPX model has proven successful with investors and users. Hypnoxys distributed over 31,000,000,000 tokens through its token sale, pre-sale, and with the help of two Denmark-based venture capital firms, raising a hard cap of $2,234,000 for the project in a matter of days.

Having launched the Open Alpha version of the Dapp which is available now, the team is now looking ahead into roadmap as it sets out to achieve its aims.

Next up in March, the team will look to have the HYPX token listed on exchanges. Then over the following months, the Dapp will receive a lot of attention as the fine-tuning including implementation of additional features will take priority, edging closer to the final product.

There are many projects, blockchain or not, who are vying for a portion of the messenger market, one that is diverse and gigantic. But none are doing in such a way where the users benefit from not only having peace of mind, knowing their discussions and data aren’t being tapped, but also having a means to passively earn crypto on the platform.

To find out more, head to the official Hypnoxys website here.

Media Contact Details

Contact Name: Henrik Pouslon
Contact Email: business@hypnoxys.com

Visit the Hypnoxys Official Site – https://hypnoxys.com
Read the Whitepaper – https://hypnoxys.com/docs/HYPX-whitepaper-0.8.pdf
Chat on Telegram – https://t.me/hypnoxys
Follow on Twitter – https://twitter.com/hypnoxys
Read the Medium – https://medium.com/@hypnoxys
Contribute on Github – https://github.com/hypnoxys

Hypnoxys is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all


Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity

Did you like the news you just read? Please leave a feedback to help us serve you better

Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.

Guest Author

Share
Published by
Guest Author

Recent Posts

Bullish Signals for Sui Blockchain: Top SUI meme projects of 2024

Macro guru and Real Vision CEO Raoul Pal shone the spotlight on a rising layer-1…

1 month ago

AI Companions: A New Era of Digital Relationships and Virtual Experiences

As the technology landscape transforms at lightning speed, AI Companions has positioned itself as a…

2 months ago

zkCross Network: Simplifying DeFi Complexity and Achieving Fundraising Success

Did you know that 85% of DeFi value is concentrated in six blockchains?  DeFi is…

2 months ago

Don’t Miss Out: Get $CLP Tokens in the Exclusive RWA IDO Now!

CLAPART - a groundbreaking RWA platform has launched its much-anticipated $CLP token IDO on Gempad…

2 months ago

Step into the Future of Web3 at Blockchain Futuristic Conference 2024, August 13-14

Join us at BFC 2024 to explore the future of Web3. Use a special discount…

3 months ago

WebX Asia 2024: Web3 Innovation Ignites in Tokyo

Catch all the updates with Altcoin Observer, official media partner of WebX Asia 2024. Gear…

3 months ago