If you are in the crypto world for a long time, you have probably already heard of “HODL”. HODL is actually a miswrite of “Hold” which was coined in this community during 2013. It means hold because the idea at the time (and, someone can argue, even today) is that you should “hold for life” your cryptocurrency because the price will rise again.
HODL Bucks is a company that was inspired by this idea and decided to create a cryptocurrency that you should really “hodl” for life if you really want to profit by buying it.
What Is HODL Bucks?
HODL tokens are, basically, coins that you should hold. Why? Because the company promises that these tokens will be very valuable in the future. HODL Bucks’ whole strategy is to expand and create a backbone for its token so it can really grow in the future and become really valuable.
How HODL Bucks HDLB ICO Work
Only a few tokens have been released to the public so far to ensure that the tokens will remain valuable because there will not be too much of them at the market at the same time. About 90% of the tokens are still locked and no Initial Coin Offering will be ever made. The company will only sell the HODL tokens little by little and work to make them more valuable over time.
The main strategy used by the company is this combination of expanding its community, which will valorize the token, put a small number of tokens in circulation at the time and invest in strategic partnerships to ensure that the future of the company is safeguarded.
HODL Bucks Road Map
The company has started its issuance of sales during September 2017. At the same time, the company has created its first social media profile on Telegram and started partnerships to ensure the safety of this cryptocurrency. At the end of September, the tokens were accepted on Cryptopia, the first exchange to have HODL tokens.
The company is currently during its community building and expansion phase. By creating accounts on Discord, Twitter, Facebook and Reddit. The main goal now is to get more and more people interested in the company.
HODL Bucks intends to list its tokens on Olympus Mons exchange until the end of 2018 and expand from there. HODL tokens will be one of the only three cryptocurrencies that will feature there when the platform is launched. Two exchanges are still not enough and the company will reach out to more exchanges in the near future.
How To Contact HODL Bucks
If you are interested in knowing more about HODL Bucks, you can contact the company through different channels. They have a Telegram, a Discord, a Facebook group and a Twitter channel. You can also mail the company on their own site if you want to talk to them in private and directly.
HODL Bucks Conclusion
The concept of a cryptocurrency that you should hold until you get richer and richer is not exactly new. If you are on this blog, you certainly have heard about a certain cryptocurrency called Bitcoin, which is a great asset for holding and the cryptocurrency which has actually coined the HODL term.
Because of this, the most important factor when you are decided whether you invest in HODL Bucks or not is this company has the potential to survive in the future and really enable you to get some real profit. Unfortunately, you will have to wait to be sure, but we have no reasons to believe that this cryptocurrency will have excellent results.