HONOR — Descentralized Ecossystem of On-Demand Work

website : https://honor.appjubs.com/

Greetings of the community, on this good occasion I will explain about the Honor Project and the following is the Review:

HONOR coin is a token based on Ethereal blockchain technology. This is a key feature in the new Jubs platform described in this project. Users with HONOR may redeem it with a contract service, book it on the Jubs platform, use it in additional services intended for registered professionals or redeem it with fiduciary currency on the partner exchange.

HONOR appears only as transactional crypto, but also a token utility that reinforces the entire JUBS platform. These include: The decentralized market for supply and demand for jobs, services and tasks. Conversion of bank credit, installment and fiduciary money in repetitive crypto payments or recurring services.

HONOR currency purchased in initial token bidding may be changed after the token sale event ends

HONOR will be sold in a fixed ETH relationship with the bonus period as described on this page. The goal is to raise the equivalent of $ 15 million in ET by selling 100 million HONOR tokens, which will determine the exchange rate and will be determined shortly before the execution of the contract.

During the launch date / contribution period, you can submit your ETH to the soon-to-be-released smart contract to receive your HNR token automatically.

After sending ETH to our address, our smart contract will automatically count the number of HNR tokens by sending them directly to your wallet. To provide maximum security and efficiency, all transactions are made with smart contracts from the Ethereal network

ONLY send ETH from an ERC20 compatible portfolio such as MyEtherWallet, Mist, Metamask or Parity. DO NOT send from an exchange like CoinBase or Poloniex because you will lose your funds.

By sending ETH to Jubs, you confirm that you have read and agree to the HONOR token of the Terms and Conditions of Sale.

Market

Opportunity to grow for $ 50 + billions / year

Young experts entering the Latin American office advertise

The unemployment rate among young people compared to adult experts

Experts are independently employed only in the US until 2020

In developing the business sector of digital currency only in the year 2017Reliability

Utilizing their HONORtokens, expert Jubs can offer service contracts. Quality

Through the reward machine, the jeep is adeptly animated or rejected by its grade level

Clients with high fame in the Jubs stage are compensated for possible clashes between customers and experts.

TOKEN SALE Crypto GONDON HONOR (HNR) is the main financial instrument of transactions on the JUBS platform. Sales during the ICO campaign will begin in 2018. HONOR Cryptococcus (HNOR) will be distributed at an HTH ratio of 1 ETH to participants - based on daily rates - in the initial contribution period, beginning on January 15, 2018. The initial contribution period will run for 4 weeks or in less than 24 hours if the USD 15M ceiling is reached (explained on page 22).

The market

A developing chance of $ 50 + billions/year

Of youthful experts entering the Latin American work advertise

Joblessness rate among youngsters than among grown-up experts

Independently employed experts just in the US until the time of 2020

In developing business sector of digital currencies just in 2017

Reliability

Utilizing their HONORtokens, Jubs experts can offer service contract.

Quality

Through the prizes machine, proficient Jubs are animated or rebuffed by their level of value.

Group

Clients with high notoriety in the Jubs stage are compensated to parley conceivable clashes amongst customers and experts.

Our story

2016

Validation

Idealization

Formation of the Heterogeneous Team

Market and UX Study

Research & Development

2017

Birth & Standardization

Release Jubs 1.0 Platform

Acceleration at Inovativa Brasil

Integration of the Jubs Wallet

HONOR token integration

Product Market Fit — First Subscribers

2018

Leverage

Token HONOR Initial Offer

Rewards Engine Implementation

Expansion Brazil — Marketing

Token HONOR in Exchanges Partners

Launch of 2.0 Jubs Platform

Blockchain-based TokenID implementation

Implementation of Contracts

Services Smart Contracts

2019

Consolidation

Implementation of the Participants Court

Implementation of Civil Liability Insurance

Consolidation in the Brazilian Market

Instant Coin Conversion

2020

Expansion

Internationalization for Latin America

R & D in interaction with the Internet of Things

Expansion Marketing in Foreign Markets

Beginning of a New Cycle

Each year, the rewards will be reduced by 50%, in exchange for the time and the value of the 

currency, the amount destined for the rewards will return in gains due to its increase in the 

domestic exchange market. 

After the full distribution of the 5% for rewards to conflict intermediaries, the small fees will be 

charged for the value of the disputed service. 

1. Conflict Resolution Mechanism

After the simple objection made by the client or the service provider, statements will be 

requested from both parties together with all the information stored in the blockchain that will 

be submitted for the analysis of 5 designated users that meet the requirements for simple 

arbitration. 

For a decision on the case, a minimum 3/4 of the votes in the arbitration council will be 

required. 

If there is no consensus among the court members the reward will be frozen and the 

occurrence will go to the care of a resident user in the region of the occurrence who has 

acquired the prestige of the arbitration of complex causes through good gamification results.

COMPLEX CAUSES COURT 

The complex causes court is where all occurrences that have not reached consensus at the first level are forwarded to. Extended warranties will be redirected to this level. 

Professionals who met the criteria to be part of this council are awarded in the platform and all 

users called to be part of this group come from requests located in the region closest to the service. 

The information provided at the first level will be shared, as well as the access to communication by application among those involved, as well as their personal numbers. 

If necessary, a paid local visit will be held. If the event is resolved, the level 1 reward will be turned over to the conciliator. If JUBS needs to perform a specialized expertise skill, the reward will be distributed proportionately. 

BUILDING AN ECOSYSTEM 

The JUBS platform has a rewards engine under smart contracts that generate economic incentives for user actions that indicate a good reputation. 

Service providers will receive rewards through the rewards engine on a number of criterias, including evaluation of the service quality, cooperation in the participant courts, marketing action promotions, and conversion of new professional subscribers to the platform. 

All these structures generate incentives favorable to exponential growth. 

BUILDING AN OPEN GOVERNANCE 

The JUBS goal is to facilitate the transition of technologies, habits, and ecosystem self-employed subscribers learning, with the goal of maintaining open governance.

Gradually JUBS will open its code base so that other digital services can promote business within the HONOR economy by bringing competitiveness and cooperativity where everyone can benefit from the success of the platform. 

THE HONOR CRYPTOCURRENCY 

JUBS is launching the HONOR (HNR) cryptocurrency with the main objective of making it the main source of payments for the purchase and sale of services between clients and young professionals in Latin America in the following segments :

Over time and maturity of the platform, any currency can be automatically converted into HONOR for contracting service providers. 

Under this view, HONOR will be established as a pure, fixed, fractional, divisible and non-inflationary long-term, as well as other currencies, are transferable and fungible, and may be traded in the criptocurrencies exchanges. It will be issued under the ERC20 standard, compatible with the entire Ethereum structure. 

THE JUBS REWARD ENGINE 

There are 2 main reward mechanisms on the platform. These benefits are governed by smart contracts and aim to promote the growth of the JUBS ecosystem, and encourage the promotion of a culture that encourages the network growth and quality. These are the 2 mechanisms : 

2. The Acquisition Engine for Professionals Subscribers

When converting a service provider with your invitation code or letter, during the entire process that the guest service provider is active in the network the provider that invited will receive 30% of the subscription in HONOR. 50% of the subscription value will be used to purchase the HONOR currency in the exchanges where 30% is destined to the bonus per conversion, and the other 20% partially return to the subscriber through bonuses for interactions that preserve the health of the platform by being in constant activity , always send quotes, execute services that have been well evaluated, fulfill missions that promote the ecosystem and achieve results of gamification productivity. 

3. Bonus for Participation in Conflict Resolution Courts

For the conflict resolution on the platform, p to 5 service providers in the conflict region with previously verified records will be assigned to evaluate information and define their position in the participants' court. As a reward, users assigned to this role will receive HONOR as payment for their contribution to the community. 

For the maintenance of the process, 20% of the total emission of the HONOR tokens will be destined to the rewards engine. Each year there will be a 50% reduction in the issue of these tokens as a counterpoint to the global appreciation of the currency in its steady growth (see page 13).

THE JUBS WALLET 

The JUBS wallet will be fully developed on the blockchain ethereum network which in turn is encrypted to prevent fraud and theft, having the following functions : 

• Shipping​ - For any other user who has a JUBS wallet
• Receiving​ - Receiving from anyone in the JUBS network
• Buying and Selling Tokens - Sell HONOR to JUBS (Receiving the value in BRL according to the market value of the currency) or buy HONOR from the JUBS
• Transactions - All transactions will be registered in the blockchain Ethereum public network, and the user can verify the amount sent or received, the value sent or received, the sending and receiving address, date and time, all their transactions are unchanged, every committed transaction cannot be deleted, this ensures that no system like JUBS or any other modifies it.
• Fees - Every transaction in the ethereum network requires a "gas price", that is, a fee to keep the network running and reward users who will use your computer to process those transactions in order to keep the network running and fully distributed,incorruptible, and secure.

JUBS REVENUE MODEL 

Today, JUBS is a service marketplace, undergoing a strategic transition from decentralization,abandoning the competitive ecosystem model to the cooperative where all participants benefit from collective success. 

Today, JUBS is defined as a hybrid platform, with the following revenue model : 

Subscription of approximately US$ 16 per professional subscribers to access their tokenID,professional profile and access to service requests. Payment can be made by credit card or bank slip.

ISSUANCE AND FINANCING PROCESSES 

With the objective of financing the international expansion in the platform's research and development timeline, JUBS will hold a coin distribution event, making available 63 million coins for a total issue of 100 million. 

All revenues relating to the initial contribution period will be used to finance the research & development, information security and international expansion sectors. 

5% of the currencies will be used as working capital between the HONOR membership phase in bulk and the currency repurchase of investors in partner exchanges, another 5% will be part of the rewards engine as an incentive to good reputations and court engagement among users of the platform. 

Also 10% of the coins will be distributed equally among JUBS team members, which amount will be frozen under a smart contract for 2 years. The remaining values will be distributed between launch marketing and project advisors.

Our Team

For More Info Please Visit : 

Official Website : https://honor.appjubs.com/

Official Whitepaper : https://s3-sa-east-1.amazonaws.com/appjubs/HONOR+-+WHITEPAPER+1.2+-+EN-US.pdf

Facebook : https://facebook.com/appjubs

Twitter : https://twitter.com/appjubs

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