Hyperion aims to establish a global decentralized map economy for 7B people and 10B devices. Hyperion organically integrates innovations of three important dimensions coined as the Hyperion Trinity of map technology economy and society structures to eventually achieve a sustainable and self-governed map economy of the world. People are empowered to build map technology share economical return and govern map communities. Crowd builds to incentive quality global map data contribution and distributed system infrastructure hosting with Hyperion Digital Location Right (HDLR) as reward i.e. HDLR mining Crowdshare to establish a sustainable decentralized map economy in which map services fees are distributed to HDLR owners accordingly by smart contract i.e. HDLR dividend Crowdgovern to reach consensus on technology and socioeconomic transition with delegated governance i.e. HDLR voting. The Hyperion global community has consisted of multilevel regional communities governed by HDLR holders dele
The native digital cryptographically-secured utility token of BitMax (BTMX) is a major component of the ecosystem on BitMax, and is designed to be used solely as the primary token on the platform. BTMX will initially be issued by the Distributor as ERC-20 standard compliant digital tokens on the Ethereum blockchain. BTMX is a non-refundable functional utility token which will be used as the unit of exchange between participants on BitMax. The goal of introducing BTMX is to provide a convenient and secure mode of payment and settlement between participants who interact within the ecosystem on BitMax. BTMX does not in any way represent any shareholding, participation, right, title, or interest in the Foundation, the Distributor its affiliates, or any other company, enterprise or undertaking, nor will BMAX entitle token holders to any promise of fees, dividends, revenue, profits or investment returns, and are not intended to constitute securities in Singapore or any relevant jurisdiction. BTMX may only be utilised on BitMax, and ownership of BTMX carries no rights, express or implied, other than the right to use BTMX as a means to enable usage of and interaction within BitMax. BTMX would also function as the economic incentive to incentivise users to participate in the BitMax ecosystem. Users of BitMax and/or holders of BTMX which did not actively participate will not receive any BTMX incentives. The Distributor which issues and sells BTMX shall be an affiliate of the Foundation. The limit of 10 billion BMAX is strictly imposed without any further increase. The users can obtain BTMX through the 'Trading Mining' model and are eligible to receive BTMX incentives based on the trade volume of their user account. BTMX can also be purchased on the exchange under the pairs of BTMX /BTC, BTMX /USDT.