crypto: Hero Token | The Future of Banking in Southeast Asia

HERO is the future of capital markets of Southeast Asia. All proceeds from the sale of the Hero Origen Token will be donated to a non-profit Foundation, which will be established in Switzerland, will either directly or through subsidiaries and affiliates promote transparency, financial inclusion, and efficiency in Southeast.

The Hero Capital Market Platform will utilize blockchain and smart contract technology to facilitate the legal issuance of fiat and cryptocurrency denominated financial smart contract digital tokens by underserved individuals and businesses in Southeast Asia to investors globally. The Hero Capital Market Platform will facilitate the participation of legal counsel, vulture investors, payment providers, borrowers, lenders, originators, servicers and rating providers to promote the Hero Vision of promoting financial transparency, inclusion, and efficiency in capital markets across Southeast Asia.

Users of Project Hero and Workers

Hero will become publisher token issuer. When removing the token, they are required The same fee as an ordinary loan in the bank: debt repayment with interest rate. Any interested person may be a project participant once his request is approved by the proponent.

The creditors will be called "Heroes" and will have the opportunity to issue loans in fiat or crypto currency. For "heroes" this will receive income in the form of interest rates or awards negotiated with the client issuer.

Responsibility for the accreditation of customers rests on the shoulders of originators . They undertake to control all the data provided by borrowers, which are necessary for the further release of tokens. The originator should conduct an analysis of the information, confirm the value and adequacy of the property left by the borrower on bail. In addition, originators also help counter money laundering.

When creating tokens, the borrower and originator must select one accredited assistant from the Hero fund. Such an assistant will regularly collect interest and periodically check the financial capacity of the borrower, collecting it in the client's token.

Providers working in the payment system of the project, ensure the conversion of crypto-currencies and fiat currencies to each other, depending on the terms of the smart contract. Participants must adhere to the instruction on the use of currency in smart contracts: payment of tax collections, loan interest, etc.

Hero consultants give the client all necessary documents and confirmations that token trading is completely legal and in accordance with the current laws of the state, and also that the borrower assumes full responsibility for all its actions with the token and payment of the debt. All explanations of consultants are indicated in the client's smart contract.

Collectors of the Hero project will be called vultures. They will provide information to the "heroes" that their borrower is or is approaching the defaulted state. Vultures have the right to buy out tokens of the debtor, which will allow demanding repayment by official legal means.

Main advantages

Owners of Hero Origen Tokens have the following privileges:

Discount on the operation of the issuance of loans.
Lifetime participation in the activities of Hero Capital Market.
Privilege of the initial proposal in the subsidization of the platform Hero Capital Market.