What is the idea behind HubrisOne and what do you plan to achieve with this project?

HubrisOne is a business which aims to provide a platform for users offering various banking and cryptocurrency features. Our ultimate goal is to bank the unbanked people globally. We will achieve this by providing superior alternatives for selected traditional banking features. HubrisOne will also accelerate wider adoption of cryptocurrencies.

What thought process and motives lead to the creation of HubrisOne? How did the vision come to light and who were involved in doing this?

The vision was born by myself (Ivan Gyimah) and my brother (McAnthony Gyimah). We understood the benefits blockchain could bring to people around the world, from instantaneous payments security, tokenization of assets and more. However, we realized that there were a few issues with existing solutions, they were simply too difficult to use. We wanted to simplify things for new entrants, additionally we wanted to house all the important cryptocurrency features under one simple application. This is how HubrisOne was born.

Can you throw some light on the integrated Cryptocurrency Exchange?

One of our main targets is to bring all the tools users need into a single application. Integrated exchange is one of the cryptocurrency users use frequently. It will be capable to connect to most of the popular exchanges by API integration, this will enable users to quickly exchange funds between their HubrisOne current account and cryptocurrency wallets, instantly. No need to wait for withdrawal times and fees.

How are transactions in HubrisOne different from other ICOs? What transactions?

We’re not having a public ICO. We are only having a private sale. Those who download the app here

ICO contributors always seek for an MVP? Do you have one? On what parameters have you audited it and how your product stood out in that process?

We have an MVP which is available in Google Play Store and App Store. It has registration features only at the moment. Full development will kick start after fund raising completed. We always focus on ease of use and operation and we have audited the application in this sense. It offers smooth operation after our audits and corresponding improvements. Improvement is an ongoing process for us. We always search for perfection so look for feedbacks and try to implement improvements as soon as possible.

How much (USD) are you raising in private sale vs the public sale, and what is the rationale behind it?

Our business model does not depend on token sale. Although we were planning a 5 month ICO at the beginning, we have decided not to have an ICO and hold a huge airdrop and private sale instead. We are going to hold a classical equity sale through crowdcube.com . Our soft-cap for this sale is 100.000 GBP and hard-cap is 500.000 GBP. We are targeting to raise funds enough to compensate 12 months of development and core team expenses.

How do you seek to provide return funds for the investors?

We have financial projections based on competitor realized figures, assumptions on customer acquisition rates and the fee structure for years. Company value will grow significantly which would provide returns to equity owners.

Can you throw some light on the HBRS token? What makes it unique?

It provides many benefits to users. Some features like wealth management and marketplace modules will be available for users who hold specific amount of tokens in their wallets. Besides, users will receive discounts when they pay subscription fees by HBRS tokens.

What is your plan if you could not achieve the hard cap?

As explained before we do not depend on token sale. For equity sale, soft-cap has already been determined in order to enable us to run the project with the core team for 12 months. So we would be good if we reach soft-cap

Does KYC or whitelist exist and how are authorization and authentication processed in your project?

We don’t have whitelist but KYC will be needed for those who would like to participate in private sale. All the applicants will be manually controlled and authentication will be provided.

How did you manage to gain competitive advantage amongst your competitors?

We have included additional features which competitors don’t have and we believe would be beneficial for users. Other than focusing on one or two features, we have chosen to focus on bringing as much as cryptocurrency and banking features and utilization of each with synergetic use cases.

Please give us a brief about your team and their expertise.

Team has vast experience in financial markets, banking sector, risk management, fintech, blockchain and UI/UX iOS development and marketing. You can read more here: https://www.hubrisone.com/the-team-2/

What is your take on the recent market crash?

This is a market cycle. Compared to the previous cycles, cryptocurrencies became very popular along with increasing prices and market valuations. Institutions started future products and many newcomer missed the boat, and essentially got burnt. The last couple of months was really frustrating for most of the newcomers. For me all of them sold at loss and exited market with no returning back. The prices and market valuation would dip more I believe. The bearish period would continue more than a year.

What’s your take on blockchain and how do you imagine a future built upon it?

Blockchain is the future. It has to much potential to make all the processes it applied to become more efficient in terms of both time and resources and safer.

Can you give us an insight regarding your expansion plans?

Our first phase will be EU. Then US, Asia and South America

Can you throw some light on your partners? What is their field of expertise?

Stellar, Heluss, WalkyFit, PFS, BitGo, ChainCreator, Zecoex,

What message would you like to convey to our readers for the adoption of blockchain?

We need some more time for wider adoption. What we need is to build products with better user experience than the existing ones. This will accelerate the adoption.

Follow HubrisOne on –

Telegram: https://t.me/hubrisoneofficial

Twitter: www.twitter.com/hubrisone

Website: www.hubrisone.com