BRIEF OVERVIEW OF HABIBI COIN

in #habibicoin6 years ago (edited)

BRIEF OVERVIEW OF HABIBI COIN

BRIEF OVERVIEW OF HABIBI COIN — PART 1 OF A 4 PART SERIES

Like seriously what is with your name Habibi? Is it meant to be something funny? or is it something intimate like i can’t understand what you really are?

These are some of the random questions we get regarding Habibi Coin so it’s about time we dispel the myths surrounding our company and divulge the truth of who we really are and what we are up to. Yes, our name is Habibi Coin.The linguistic meaning in Arabic of the word Habibi translated into English basically means — DEAR FRIEND. MY DEAR DEAR FRIEND, MY BELOVED HUMAN. it can also in slang mean many other things like buddy, pal, cousin, homie, and more. But we prefer to align ourselves with the DEAR part. which resembles a friend who is loved by all.

We are a tribe, almost like a secret society, like a ninja clan centuries old that has survived all the challenges against its existence in order to come into the 21st century and provide an outstanding real estate solution to our global community.

Actually, we are just a bunch of geeks, nerds, entrepreneurs, investors, financial experts, and cryptocurrency blockchain lovers who wanted to impact the world in such a way it brought real tangible value to our users.

Satoshi Nakamoto the creator of bitcoin originally created the cryptocurrency and blockchain solution because he saw what happen with the subprime mortgage crisis in the USA. When the economy tanked and the end user suffered he knew back in 2009 he had to do something about this. 6 million people lost their homes and 8 million people lost their jobs and that was in the USA alone.

So he created bitcoin a decentralized public ledger and store of value that would allow people to exchange value peer to peer without the use and need of intermediaries or central processing organizations. This too on an immutable public ledger that was for all-purpose incorruptible and transparent using blockchain technology, mining, and a network of high powered computers to verify the transactions and solve the math equations.

Bitcoin solved the problems that Satoshi originally created it for. Then in 2017, the world caught onto blockchain technology in a massive way and it went mainstream. Everyone and their grandmother were investing in bitcoin and other cryptocurrencies and all the new blockchain technology solutions out there.

ENTER THE HABIBI

This is where we entered as well. We analyzed multiple different solutions around the end user benefit of each cryptocurrency and blockchain solution and although we found some great concepts and good projects backed by amazingly talented people. We also saw many gaps in the market that underserved several niche areas of the global marketplace.

That was when bitcoin soared in price and people were all of the sudden investment experts because they bought some bitcoin at a lower price. Then like all things that rise without checks and balances it came crashing down and the bubble burst a bit.

A lot of people lost money and when you look at the core economics of the model there was a lot of potential for speculation, extreme volatility and price swings. There were many savvy institutional investors, funds, and organizations that avoided investing altogether because they saw how volatile it was and how unstable it was and it just didn’t make financial sense to expose themselves to that much risk for a reward that may sink overnight.

After analyzing the market, the peaks the declines the volatility and the speculation we came to the realization that there has to be a few checks and balances in place to mitigate and minimize the inherent risks of investing into something like this new technology and this new store of value.

HABIBI WAS BORN

We came to the conclusion that, cryptocurrencies are not backed by any hard tangible asset. Any real store of tangible value like gold, stocks, commodities or assets.

So that was the first thing we focused on tackling. We studied gold, stocks, bonds, real estate, and other investment vehicles and took a careful look at what brought the most returns, had the least amount of risk and could be a stable sustainable investment vehicle for people for decades to come. The key words here is stable and sustainable. So we decided on focusing Habibi Coin on real estate as it met the criteria that we had outlined for our coin to do. It was also the biggest industry by far.

Gold Market Cap — 8 Trillion

Cash / Coins / Notes — 8 Trillion

Commodities Market — 10 Trillion

Real Estate — 217 Trillion

Global Liquidity ( cash / bank accounts ) — 90 Trillion

Derivatives Market — 550–1200 Trillion

Real estate appreciates over time and it cash flows over time. It is stable and long-term it grows in value. There is also only so much land on planet earth and the population growth is through the roof. This created a supply and demand situation that we felt were just down right good economics to build a great business model off of that would benefit the end consumer in ways that traditional crypto currencies did not. It would also provide some protection against the market swings because asset-backed currencies could not sink below the value of the underlying asset.

As the example if you had a property valued at 50 million and you had 50 million coins in the market that people bought. The value would never decrease past 50 million unless the real estate asset it self-depreciated in value. Which does happen from time to time and usually to the degree of 15–25% in decrease but it also comes back and appreciates much stronger in time. Property purchased 20 years ago has more than doubled and tripled in value in countless places around the world.

It was stable it would never lose all its value. It was sustainable in that the more property you owned the bigger your portfolio growth became. It was profitable because it appreciated and cash flowed consistently over time. And it was safe because real estate is a 217+ trillion dollar global industry with growing demand and not enough supply.

HABIB COIN GAVE BIRTH

Once we figured out all the angles we finally started to evolve the model after some deep analysis to make sure that we were providing the highest level of sustained value to our end user community and were building it off the back of a sustainable business model that would create a win win win situation for everyone involved. We started giving birth to new ideas, innovations, and creativity that would ultimately make the model more sound more resilient and downright jam packed with high value.

It then grew into what it is today and it has gone through a lot of changes a lot of improvements and through constant feedback, criticism, and evaluation we managed to create a core working model that we are over the moon proud of.

It is something we stand by with our lives, and something we know will create massive impact in the world and allow the traditional barriers to entry to be removed and equal the playing field for anyone anywhere regardless of circumstance, environment or personal/professional qualifications.

Stay tuned for our next series of articles as we continue to explain how Habibi Coin originated, how our model works in detail and why if you’re not on the Habibi Train you are missing out big time.

Sort:  

@habibicoinio, congratulations on making your first post! I gave you an upvote!

Please give me a follow and take a moment to read this post regarding commenting and spam.
(tl;dr - if you spam, you will be flagged!)

I really like! Very interesting project!

Thanks for your review :) have you registered for the PRE-ICO?

Congratulations @habibicoinio! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 1 year!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Do not miss the last post from @steemitboard:

New japanese speaking community Steem Meetup badge
Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Coin Marketplace

STEEM 0.30
TRX 0.12
JST 0.034
BTC 63815.31
ETH 3124.40
USDT 1.00
SBD 3.99