Dear Hotbit Users,
Hotbit is scheduled to launch “Purchase FSN with 50% Discount” event at 11:11:11 on November 11th, 2019 (UTC+8, please refer any time and dates mentioned below as UTC+8 as well )
(Please click here for the source of relevant asset)
Click here to Participate "Purchase with 50% Discount"
Rules and Regulations for the Purchase
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The purchase is required to be conducted in fixed amount of assets, which means every participant must purchase 50 USDT worth of FSN (in the case of this event, every participant shall purchase 50 USDT worth of FSN with 25 USDT).
- During the purchase, all users are required to pass relevant verification process through man-machine interface (verification bars etc.).
- The purchase starts at 11:11:11 on November 11th, 2019 (UTC+8).
- The total value of the purchase will be 20,000 USDT worth of FSN; The purchase price of FSN during the purchase session will be 1/2 of the average closing price of FSN by 00:00 on November 9th, 2019, November 10th, 2019 and November 11th, 2019 (UTC+8).
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All participants are required to hold an average volume of no less than 100 USDT or 100 USDT worth of BTC, ETH, HTB or FSN in their accounts during 00:00, November 9th, 2019 -- 9:00, November 11th, 2019 (UTC+8).
- We will randomly pick 3 lucky users from all users who repost our poster into their WeChat Moments, Twitter or Facebook accounts for no less than 3 hours. Each lucky user will receive 1 Hotbit T-Shirt or FSN T-Shirt.
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For those users who have successfully purchased FSN during the event, the amount of FSN they purchased will be distributed to their accounts within 24 hours after the purchase.
Million Time-Lock FSN Available Until Next Year!Free to Claim, Hurry up!
Quintuple Events on Free Giveaway of Time-lock FSN (Mining Income Rights, 30% of Rate of Annual Income) Until Next Year
1 -- Search for the King of FSN Trading
Event Duration: 12:00, November 12th, 2019 -- 12:00, November 27th, 2019 (UTC+8)
Rules and Regulations: For all top 10 users of FSN Trading Volume Competition (Buy Volume + Sell Volume) who accumulate more or the same buy volume of FSN than (as) their sell volume of FSN during the competition,
The user ranked No. 1 will receive 50,000 time-lock FSN (mining income rights) for 3 months.
Expected Income: According to the mining income rate of 30%, the user will receive approximately 50,000 * 0.3 / 365 * 90 = 3698.6 FSN (to be distributed daily).
The user ranked No. 2 will receive 25,000 time-lock FSN (mining income rights) for 3 months.
Expected Income: 25,000 * 0.3 / 365 * 90 = 1849.3 FSN (distributed daily)
The user ranked No.3 will receive 10,000 time-lock FSN (mining income rights) for 3 months.
Expected Income: 10000*0.3/365*90=739.7 FSN (distributed daily)
Each of the users ranked No. 4 to No. 10 will receive 5,000 time-lock FSN (mining income rights) for 3 months.
Expected Income: 5000*0.3/365*90=369.9 FSN (distributed daily).
All other participants of the competition (all users ranked No. 11 and below) will share 10,000 time-lock FSN (mining income rights) for 3 months based on the proportion of their own trading volume of FSN compared with the total trading volume of FSN generated by all users ranked No. 11 and below.
Time of Distribution: The rewards will be distributed automatically within 7 working days after the event ends.
2 -- Register Hotbit Account and Receive FSN Rewards
Event Duration: 12:00, November 12th, 2019 -- 12:00, December 12th, 2019 (UTC+8).
During the event, each of all newly registered users of Hotbit will receive 100 time-lock FSN (mining income rights) for 3 months.
Expected Income
100*0.3/365*90=7.3973 FSN (to be distributed daily)
Prerequisite: During the event, only those users who hold no less than 100 USDT or 100 USDT worth of BTC, ETH, HTB or FSN in their accounts by 12:00, December 12th, 2019 (UTC+8) will be able to receive airdrop qualification (According to the time sequence of every user’s time of registration, only the first 5,000 newly registered users during the event will receive the airdrop qualification).
Time of Distribution of FSN: The rewards will be distributed automatically within 7 working days after the event ends.
3--Participate in Hotbit’s Fixed Term Investment Product and Receive FSN as Rewards
Event Duration: 12:00, November 12th, 2019 -- 12:00, December 12th, 2019 (UTC+8).
During the event, all users who meet relevant requirements will receive 10,000 time-lock FSN (mining income rights) for 3 months.
Expected Income
10000*0.3/365*90=739.7 FSN (distributed daily)
Prerequisite: The users are required to participate in Hotbit’s BTC, ETH or USDT fixed term investment and deposit no less than 20,000 USDT worth of asset(s) in their investment accounts, with no redemption conducted within the first 15 days.
Time of Distribution of FSN: The rewards will be distributed automatically within 7 working days after the event ends.
4 -- Trade FSN Continuously and Receive FSN Rewards
Event Duration: 12:00, December 12th, 2019 -- 12:00, January 12th, 2020 (UTC+8).
By meeting relevant requirements, each user will receive 500 time-lock FSN (mining income rights) for 3 months.
Expected Income
500*0.3/365*90=36.986 FSN (distributed daily)
Prerequisite: The users are required to accumulate more than 1,000 FSN of trading volumes (buy volumes + sell volumes) in each of their accounts for 10 consecutive days, with his / her FSN buy volumes greater than or the same as his / her FSN sell volume.
Distribution Time of FSN: The rewards will be distributed automatically within 7 working days after the event ends.
5 -- Daily Lucky Trader of FSN will Receive FSN Rewards as well
Event Duration: 12:00, December 21st, 2019 -- 12:00, January 20th, 2020 (UTC+8).
During the event, Hotbit will randomly pick 1 lucky user from all FSN traders everyday. The lucky user will receive 5,000 time-lock FSN (mining income rights) for 3 months.
Expected Income
5000*0.3/365*90=369.9 FSN (distributed daily).
Time of Distribution of FSN: The rewards will be distributed automatically within 7 working days after the event ends.
What is Time-lock FSN (Mining Income Rights)?
The time-lock FSN refers to those FSN tokens with a valid period.
Generally, cryptocurrency tokens are calculated and divided according to its volumes, for example, if we have 1 FSN and we transfer 0.5 FSN from our own account to any third party, we will only have 0.5 FSN left in our account. However, one of the innovative features of Fusion (FSN) is that the token allows us to calculate and divide it according to different periods of time as well, which endows the attribute of time to the token and allows us to divide the token into multiple tokens with the attributes of time.
For example, if we have 1 FSN, through the function of time-lock, we may transfer 1 time-lock FSN with the beginning time of now and termination time now + 1 month to any third party, and the FSN token we transfer to any third party will be 1 time-lock FSN with the valid period of 1 month. However, at the same time, we will still have 1 FSN left in our account with the beginning time of now + 1 month + 1 day and the termination time of forever.
The POS mining of FUSION is conducted by the purchase of votes in time-lock FSN with the minimum valid period of 1 month.
Hence, during the event, we award our users with time-lock FSN, and the users may put these time-lock FSN into the mining pool and try to obtain complete FSN as rewards through mining processes.
Note:
- The winners’ list of each round of the events will be published within 7 business days after the event terminates.
- The rewards will be distributed automatically within 7 working days after the event ends.
- If Hotbit detects any cheating activities such as click farming, Hotbit is entitled to disqualify any users involved from claiming their rewards.
- Hotbit reserves the final rights on the explanations and interpretations of all rules and regulations of the event.
FSN Communities:
Official Website:http://fusion.org
Github:https://github.com/FUSIONFoundation
Telegram Announcement Channel:https://t.me/fusionannouncements
Telegram English:https://t.me/FUSIONFoundation
Telegram Russian:https://t.me/fusion_ru
Telegram South Korean:https://t.me/fusionkoreaofficial
Medium:https://medium.com/@fusionprotocol
Facebook:https://www.facebook.com/Fusion-Foundation-137400543573832/
Twitter:https://twitter.com/FUSIONProtocol
LinkedIn:https://www.linkedin.com/company/fusion-foundation/
Bitcoin:https://bitcointalk.org/index.php?topic=2789984.new#new
Reddit:https://www.reddit.com/r/FusionFoundation/
Hotbit Communities
Hotbit Official Website:https://www.hotbit.io/
Telegram :https://t.me/Hotbit_English
Twitter:https://twitter.com/Hotbit_news
Facebook:https://facebook.com/Hotbit.io
Medium:https://medium.com/@hotbit
Hotbit Team
November 7th, 2019
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