Business Idea

stablecoin to capture all the benefits of a permissionless system, in the same time eliminating volatility. Havven plans to achieve price stability by pegging the value of the token to fiat, while simultaneously introducing a decentralized collateral system to provide confidence in the value of the tokens.

Havven implements two linked tokens to achieve this structure: Nomins– a stablecoin with a floating supply and price measured in fiat. Denominating the value of the Nomin in an external fiat currency means that stability is relative only to that currency, which will initially be the US dollar.

Havvens– a collateral token (ERC-20) with a static supply. The market capitalization of havvens (HVV) reflects the aggregated value of the Havven platform. The havven token is a decentralized asset, with an intrinsic value derived from the fees generated in the network it has collateralized.

ICO release of 100 million tokens (1 HAVVEN = 0.50 USD)

The final allocation:

60% to crowdsale

20% to team and advisors

3% to bounties and marketing incentives

5% to partnership incentives

12% to foundation.

Can’t participate: CHINA.

Pros

Market volatility is a major concern of sideline investors in the crypto space. If the play for Havven is to promote itself as a stablecoin alternative to existing market volatility it could move some retail investors off of the sidelines who invest in more traditional market.

The organization boasts a deep bench of advisers coming from both the crypto and traditional business space; how those relationships will be leveraged post-ICO is not listed but the strength of the team provides partnership opportunities.

Cons

Successful startups make it through barriers and hurdles when the founders are “all in,” meaning they bootstrap to hit milestones and funding simply helps them along the way. It is a red flag that the team is not solely tied to the success of this organization. Additionally, 20% of total token distribution towards the team is relatively high since they are not solely committed.

Earlier on the crypto market was already some attempts to introduce a stable token. Of course, first thing that comes in mind its Tether, who met a whole galaxy of various regulatory measures to eliminate transparency and clear monetary policy. The suspicions that existed at that time were restored when Friedman LLP, an independent organization invited to test Tether and suddenly interrupted their cooperation.

Social Media

Twitter – 7945 followers, couple of posts a day. On average, over 8 retwitts and 400 – 500 likes per post.

Telegram – 99726 members with high activity, the admins are answering actively to member’s questions.

News

Whitelisting-February 21-27

Crowdsale-February 28-March 6

Accepts: BTC,ETH

March 2018 – Platform launch

Launch of the Havven platform, wallet, and stable token

Team

The core teams boast strong development experiences and well as deploying systems for cryptocurrency purchases in Australia.

CTO - Justin Moses is the technology director of Havven. For 8 years he worked in similar positions in various large corporations, including MongoDB - a leading cross-platform data system.

VP – Partnership Jordan Momtatzi is vice president of partnership in Hzvven. Jordan also held similar positions throughout his career. Including, he worked for 2 years in Paypal, developing partner relations of the company with corporate clients.

Project lead – Tim Bass chapter on the development of blockchain in the project. He leads a team of 4 developers. Tim is co-founder and executive director of Block8 - blockchain consulting platform that collaborates with projects like Havven.