HSN Protector Master Node Program
5 Million HSN Reward and Giveaway Event
With the accelerated development of 5G technology and the coming of the 5G era, as the first value ecosystem combining Public Chain + 5G application in the world, Hyper Speed Network (HSN) is also increasing the speed of research, development and promotion. At present, the HSN team has reached 100 members, 95% of which are experts and researchers in the field of Blockchain and 5G communications.
HSN has completed the release of first generation of ecosystem application technology，white paper Version 1, and has listed on five international exchanges. Our global community base has expanded to over 30 countries and regions around the world, supporting an incredible 100,000+ people.
In order to accelerate the progress of the project’s research and development, HSN aims to continuously involve the community to participate and enable active members to participate in the further development and governance of our ecosystem. HSN wants to jointly promote the development of our 5G+blockchain ecosystem and share the return. Therefore, we launch the ‘Protector Master Node Plan’(PMN) recruitment program. The HSN Foundation allocates 5,000,000 HSN as reward to the PMN and referrals.
Selection Criteria of Protector Master Node：
Through specific token levels and long-term holding, users will support the development of HSN projects, participate in the ecological development, and receive exclusive benefits and interests.
Authentic Protector Master Node Qualification：
1. Deposit USDT in the official HSN wallet, exchange this into HSN and deposit it into the wallet's personal account. A maximum of 10 million HSN available for the initial PMN progam. The wallet will exchange the USDT for HSN tokens according the actual market price in a timely manner. Submit the application for Protector Master Node qualification to participate in the PMN recruitment program. Each address is eligible to obtain one PMN status. According to the actual amount of participants, applicants obtain the certification of the corresponding level of Protector Master Node after approval of HSN project:
2. After the Protector Master Node is successfully authenticated, the identity and related benefits are permanently valid.
The first phase will start from the end of August 2019 (launch HSN Wallet), onwards until a total of 10,000,000 HSN has been purchased.
Benefits for the Protector Master Node：
1. Exclusive Identity Authentication: HSN project will award exclusive identity authentication logo for Protector Master Node, award identity trophies and certificates, and highlight the identity of Protectors on official platforms such as official websites, wallets and online store.
2. 5 million HSN will be given away to Protector Master Node in Phase I: HSN tokens will be given away to Protector Master Nodes in different proportions according to the amount of HSN. From the day when the Protector Master Node deposits and locks the tokens, 1% of the principal and giveaway rewards will be released every day, and the release will be completed in 100 days.
（Remark: 1 Deposits and giveaway rewards will be distributed via the HSN Wallet app yet to be released. Please await further details. 2 If PMN participants in the "Valuation Adjustment Mechanism", as below explained, whose principal and giveaway reward amounts will be locked for 100 days.)
3. Airdrop awards from the development of DAPP or sub-chain: The Protector Master Nodes participate in the development of DAPP and sub-chain, and can enjoy no less than 10% awards according to the specific contribution.
4. Dealership and sales dividends of the HSN application solution and products:
1) Protector Master Nodes can apply for becoming an authorized agent of a certain area, according to different levels, possessing exclusive rights to HSN application solutions and products, and get no less than 50% of store construction costs and channel development costs from HSN, in order to carry out HSN application solutions and product agent sales;
2) Protector Master Nodes can obtain a sales rebate that is less than 10% of the delivery price by the HSN Team.
5. Participate in important decision-making and operations of the HSN project development according to the level of the PMN .
Special Reward to Protector Master Nodes：
1. After the end of this stage, when 10 million HSN tokens are exchanged, the top three Protector Master Nodes will have the opportunity to participate in the Super Nodes competition (21 in total). Twenty-One Super Nodes will share up to 200 million HSN tokens as mining awards.
2. After the release of all the tokens from the Protector Master Nodes (after 100 days from the end of the event), if the balance of the wallet deposit is not less than 80% of the principal and giveaway rewards, the nodes can participate in the "Protector Master Nodes Realignment Award". The nodes with top 30 wallet deposit balances, will be awarded a total of 200,000 HSN tokens. The amount allocated is as follows:
3. All Protector Master Nodes have the right to choose to participate in the "Valuation Adjustment Mechanism"(VAM):
Conditions: If PMN participants in the "Valuation Adjustment Mechanism" , whose principal and giveaways rewards will be locked for 100 days.
Rights: If the HSN/USDT price on the token release date is higher than the price on PMN certification date , all token is completely released;
If the HSN/USDT price on the token release date is lower than the price on PMN certification date, the principal loss portion will be calculated, and the HSN token will be replenished according to (price on certification date - price on releasing date) / price on releasing date The loss of PMN principal due to the price drop is completely avoided.
Awards to Referrals of Protector Master Nodes：
Protector Master Nodes are entitled to recommend new Protector Master Nodes. Protector Master Nodes of various levels will be able to receive the referral award according to the percentage listed below, for recommending others to deposit tokens and become new Protector Master Nodes.
For example, one user (user A) becomes a Silver Protector Master Node by purchasing 3000 HSN tokens. When this node recommends another user (user B) to deposit 1000 HSN tokens and become Bronze Protector Master Node, then the User A will receive referral award of 1000*5%= 50 HSN.
1. The HSN team reserves the right of final interpretation and modification of this content. When the content of the English and Chinese announcements is ambiguous, the official interpretation shall prevail.
2. Deposits and giveaway rewards will be via the HSN Wallet app yet to be announced. Please await further details of launch date and operation guide .
Hyper Speed Network
Aug 13th , 2019