News and Announcements
Horizon State’s Coin Trading at Cryptopia & LiveCoin
- Published November 28, 2017 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
KEY TAKEAWAYS:
- The listing of Horizon State’s Decision Token (HST) on Cryptopia and LiveCoin display Horizon State’s desire to ensure their HST is available globally.
- There is $100,000 NZDT available which can easily be backed by Cryptopia with retained funds. This may not be enough liquidity for a much wider adoption but it was a good start.
Horizon State, a platform and ecosystem based on blockchain to ensure the security and integrity of the decision-making process, is set to list their Decision Token in quick succession. Horizon’s blockchain platform, which operates through the Decision Tokens, ensures the security of the voting process and the votes cast.
The Horizon State Decision Token (HST) makes possible the conduct of a secure and convenient voting process for both personal computers and mobiles. The blockchain data is guaranteed security as it is not owned by any institution or individual.
The HST was traded last month at LiveCoin in Russia and then at Cryptopia which is the largest cryptocurrency exchange in New Zealand.
“We need to get moving if we want to establish New Zealand as a global leader in this space. Historically NZ has led the world in financial innovation, for instance with the world first introduction of debit cards in the 90’s. We think Kiwis are great at adopting new technologies so New Zealand makes a great test market,” Cryptopia CEO Rob Dawson said.
Dawson said the use of NZDT has increased as many consider it a stable token that is not prone to the volatility being experienced by cryptocurrencies that are non-fiat based. The clients of cryptopia already seem to favour the new currency but the reaction of the broader establishment has yet to be seen.
The trading of the Horizon State Decision Token (HST) at both LiveCoin and Cryptopia last November is a testament to the continuing effort of Horizon State to allow HST holders to enjoy liquidity opportunities and engage in global trading.
The NZDT, which was launched in Cryptopia in May, enjoys the distinction of being the first token cryptocurrency to be tethered to the New Zealand dollar. Several key personalities have previously stressed the need for a New Zealand based cryptocurrency that can be traded much like the USDT.
About Horizon State
Unhackable ballot box based on blockchain technology eradicating corruption in voting results that reduces costs compared to traditional opinion and vote solicitation processes and improves efficiencies and reduced timelines compared to the physical ballot box and postal vote processes.
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