HRP (House Resource Plan) white paper– real estate chain reform the whole process of real estate development and brokerage
1.1 HRP (House Resource Plan)
HRP/ HP (House Resource Plan) is a blockchain license issued based on ERC20, which is committed to eliminating the current phenomenon of non-disclosure and non-transparency of information in the land development and housing rental market, and trying to solve the problem of high transaction costs caused by this through blockchain technology.
Different from many overcentralized so-called blockchain projects at present, HRP does not raise funds, nor does HRP have team lockup, nor does HRP have constraints on community development. On the occasion of the 10th anniversary of bitcoin, HRP will return to the essence of blockchain and salute the spirit of blockchain.
Due to have not raised, nor seek investment centralized mechanism, in the early stage of development of HRP through community operating aggregate resources, build a more extensive usage scenarios, to promote the currency promotion, build market barriers, build public ecological chain efforts, late will mainly focus on the male chain development, for financial institutions and real estate projects around the world help realizing the chain of blocks.
HRP is committed to eliminating the current phenomenon of non-disclosure and non-transparency of information in the land development and housing rental market, and trying to solve the problem of high transaction costs caused by this through blockchain technology.
In the early stage of the project development, HRP will try to develop a bet agreement based on EOS for real estate prices, so as to provide real estate investors with reliable hedging channels in sensitive economic times, and collect a certain fee as community returns.
In the middle stage of the project development, HRP will open up real estate brokers (that is, real estate transaction intermediaries), help them eliminate the soaring human resource costs in the context of social security reform, and charge a certain fee in return for the community. At the same time, HRP will connect the real estate development field, connect the blockchain industrial parks and industrial talents worldwide, and provide high-quality carrier and talent foundation for the global expansion of partners.
In the later stage of the project development, HRP will look for livable places around the world and coordinate government resources to provide think tank support for the global expansion of real estate development enterprises. At the same time, HRP general license will become a global common currency in the real estate field.
It should be pointed out that, due to the chain (@ blocks at large) in the chain of blocks in the media field has a certain status in river’s lake, a number of chain block area big V will to a certain proportion of HRP drop, so the HRP also has the function of candy charge but it’s important to note that due to the great influence (@ block chain at large), on the market a lot of generic HRP (House Resource Plan) of the token, please look for the English full name, don’t fall into the trap outlaws.
1.1.2 general certificate distribution
HRP has a total circulation of 100 million and an initial circulation of 50 million. 50% of the remaining tokens are used to unlock each year for circulation. The unlocking is completed within 50 years and the unlocking part is used for community incentive.
HRP does not carry out private placement, and 5% of the initial issuance is used for community building. 50% of the initial issuance will be used to seek angel financing and industrial capital support in the initial stage of the community; 25% of the initial circulation is used for the pledge of coinage and the general certificate incentive of community members; Twenty-five percent of the initial circulation was used to build, operate and maintain the project’s core team.
1.1.3 a more sound mechanism for equity certification
DPOS: Delegated Proof of Stake
The Chinese name of DPOS mechanism is share authorization certificate mechanism (also known as trustee mechanism), which can be understood as the parliamentarian system.
The principle of DPOS mechanism is that each HRP holder can vote to generate 101 representatives, which can also be understood as 101 super nodes or mining pools, and these 101 super nodes have exactly equal rights to each other.
In some ways, DPOS is a bit like the parliamentary system or the people’s congress system. If delegates fail to perform their duties (and, when their turn comes, fail to generate blocks), they are removed from the list, and the network selects new supernodes to replace them. The most important reason for the emergence of DPOS is that the generation of mining machines makes a large amount of computing power wasted on people who do not know and do not care about bitcoin, just like scalpers of a concert, who hoard a large number of tickets and do not care about the content of the concert at all.
1.2 HRP application scenarios
Many friends are no strangers to the 2018 economic crisis. Then cut into depression, countless American elite because still can’t afford the mortgage and credit bankruptcy even separated, but I believe you have seen a film reflects the us subprime mortgage crisis “big short” (the film reflects the global financial crisis in 2008, Wall Street a few shrewd investment ghost just before the credit crisis in 2007 through the bubble illusion, shorting subprime CDS benefited greatly, become a few more profitable investment in financial disaster lean).
Can be found in a bubble too serious in the market, is very sensitive to risk investment can also be empty profit by doing it, not necessarily have to wait for a price correction, for part of the real estate market in developing countries, it is not only a good business, also help investors to the country’s asset prices. It would also serve as a hedge for homeowners.
1.2.2 industrial parks
HRP (House Resource Plan) community will be committed to building blockchain industrial park on a global scale. HRP can be used as a means of payment for investors’ consumption behavior in the park. Compared with pure legal tender payment, HRP holders will enjoy a certain degree of preferential treatment.
1.2.3 house rental
HRP (House Resource Plan) is committed to the construction of decentralized housing rental market, and HRP is used as a means of payment. In the future, HRP holders will be able to rent wherever they want without restriction on a global scale.
1.2.4 asset chain
Due to the fact that houses are inseparable in real life, investors have to borrow money to buy houses. Once the economy goes down, investors who cannot afford the mortgage will face the possibility of credit bankruptcy. If the real estate chain, can be the real estate investment risk diversification, while reducing the debt level of residents.
1.3 market prospect
At present, the global real estate stock market is as large as 200 trillion yuan, with broad market prospects.
2 transaction costs
Transaction refers to the transaction in HRP that causes the equity of assets or the equity of HRP to change. HRP system designs a variety of types of transactions, each transaction contains an input list, an output list, a signature list, and specific data related to the transaction type.
2.1 asset-related transactions
2.1.1 asset creation
Used to create a new user-issued asset. Users can define the type, name, amount, and so on of the asset and specify the administrator account of the asset. The creation of assets requires the consumption of a certain amount of HRP COINS as an additional service charge.
Capital demander establishes a transaction model and asset portfolio and publishes them to the House Resource Plan blockchain network. Due diligence tracking was carried out from the first day of the transaction. House Resource Plan used transaction history data and scored and ranked all project sponsors through various dimensions. On HRP (House Resource Plan), investors select the trading model suitable for them through risk preference and other factors, and set the trading quota for mirror trading.
2.1.2 asset allocation
Within the upper limit of the total amount set by the asset creation, the asset is allocated from scratch and generated at the address designated by any issuer. Asset allocation can be done all at once or in batches at any time.
2.1.3 asset change, cancellation and freezing
Not supported yet, will be supported in future releases.
2.2 transactions related to the exchange of assets
2.2.1 contract transaction
Specifies the transactions of all parties and can determine whether to ask the other party to confirm acceptance based on the type of asset involved in the transaction. The counterparty can choose to confirm the acceptance (signature) or reject (ignore).
2.2.2 commission transaction
A contract that does not designate a counterparty, but designates an agent who is responsible for matching counterparties.
2.3 transaction costs
Transaction costs are divided into basic byte fees and additional service charges, which are paid by HRP. Among them, the additional service fee will be destroyed and become the unallocated part to participate in the future allocation; Basic byte charges are paid to the bookkeeper as a bookkeeping reward.
2.3.1 basic byte fee
Basic byte fees are the costs incurred by transactions that take up transmission bandwidth and block chain bytes. Basic byte charges are positively correlated with the number of bytes in the transaction and are charged by the bookkeeper. The bookkeeper may decide for itself whether to charge and the rate standard.
2.3.2 additional service fee
The surcharge is the cost of using the HRP protocol to perform some advanced functions. At present, the transaction types that need to pay additional service fees are: asset creation, asset change, asset cancellation, asset freeze and candidate bookkeeper registration.
The additional service fee will not be charged by anyone, but will be destroyed immediately, restored to the unallocated state, and finally redistributed to HRP holders in proportion to the holding ratio through the aforementioned HRP distribution mechanism.
3 team introduction
3.1 project team
3.2 investors and consultants
(1) wang tenghe (@blockchain xiaoyaozi) :
He is a veteran observer and investor of the blockchain industry, a well-known Internet information blogger, a contracted “we media” on weibo, an Internet expert of toutiao, a judge and lifelong consultant of the media group of GBLS global sleepless blockchain leaders summit (hangzhou, zhejiang), and the author of “a book to understand blockchain”.
Xiaoyaozi is an early investor in bitcoin and repo bitcoin, which has made a good return on investment. At the same time, he is also an active explorer and evangelist of blockchain technology. He believes that blockchain is not only the revolution of productivity and production relationship that is about to subvert the classical Internet era, but also an indispensable thinking innovation before human beings step into the era of artificial intelligence.
The new book “a book to understand the blockchain” written by wang teng he, a famous microblog big V of blockchain (@blockchain xiaoyaozi), has been published and issued officially, and has been logged in the offline bookstores such as jingdong, dangdang, taobao and xinhua bookstore. Wang teng he said that blockchain is not only the productivity and production relation revolution that is about to subvert the classical Internet era, but also an indispensable thinking innovation before human beings step into the era of artificial intelligence. The first time to get the industry famous people have thumb up, ZB co-founder li, director of the China block chain anti-fraud technology application center at the beginning of tang set sail, chain TRUE jointly launched a National People’s Congress, founder of GBLS Zhao Changyu, ant forever block chain alliance founder rayfile, ChainX handsome, currency finance CEO susceptibility to vanquish, chain business founding tiger’s founder, encrypted capital Feng Canjiang & Xie Weifeng, lights block chain Zhang Hongbin, pole beans Wang Qin capital partners, brother elder brother family founder auspicious, etheric zero Wu Zhibin nie two bright super node, the chain community, former director of huaxia happiness industry Liao Liang have some great support, and join a book.
Jingdong buy books links: https://item.jd.com/12479987.html? Dist = jd
Taobao (day cat books links) : https://m.tb.cn/h.3JzUEbW? Sm = 05 b220 (2) all members of the community
4 HRP governance mechanism
HRP platform is a distributed business based on blockchain technology, which is used to reconstruct the relationship between individuals and merchants and the distribution of interests.
HRP platform governance adopts the three-layer governance structure of holder assembly, autonomous committee and executive committee.
The holder’s assembly is the highest decision-making body, and the holder of HRP platform has the right to vote in the assembly. The autonomous committee is responsible to the general meeting of HRP holders. The autonomous committee selects members of the executive committee and supervises the work of the executive committee. The executive committee is responsible for the daily operation of HRP projects.
As the main body of HRP platform governance, it comprehensively implements the VEC holder conference resolutions, standardizes the management of HRP platform technology development and application development, maintains the rights and interests of HRP holders, and promotes the HRP brand.
4.2 holder’s meeting
The general meeting of HRP holders is composed of all HRP holders and is the highest authority of HRP platform.
The HRP holder assembly shall exercise the following powers and functions:
1) amend HRP platform management rules;
2) supervise the implementation of HRP platform management rules;
3) election and change of members of the self-government committee (considering the particularity of the founding phase of HRP platform, members of the first self-government committee shall be decided by the founding team of HRP platform);
4) rescind inappropriate decisions of the autonomous committee;
5) approve major changes.
Article 1) to 5) a resolution shall be adopted by a vote of the holder based on the weight calculated by the number and time of HRP. HRP platform management charter is the constitution of HRP platform autonomy. The management charter is published on the official website of HRP platform.
Within six months after the trial operation of HRP platform, the administrative rules shall be published. The first version of the administrative rules shall be formulated and published by the autonomous committee.
Holders of the general meeting held every three years, if the autonomous committee considers it necessary, or more than one-fifth of the holders of the proposal, can be held temporarily holders of the general meeting.
4.3 autonomous committee
The autonomous committee is responsible for the command and management of the operation activities of the project platform, and is responsible to the general meeting of the holders.
The autonomous committee shall exercise the following functions and powers:
1) responsible for convening the holder’s meeting and reporting the work to the holder’s meeting;
2) resolve major problems in the open source code of the project platform and solutions to major problems in the use of funds;
3) in case of emergency on the project platform, the chairman of the self-government committee shall be elected by the committee through voting. Resolutions made by the meeting of the self-government committee shall be adopted by voting of the committee.
The chairman of the autonomous committee exercises the following functions and powers:
1) presiding over the general meeting and convening of the holders, and presiding over the meetings of the autonomous committee;
2) monitor the implementation of the resolutions of the autonomous committee;
3) it shall have the right of veto over the resolutions of the meetings of the autonomous committee;
4) sign cooperation agreements with foreign countries.
4.4 executive committee
The executive committee is responsible for the daily operation and management of the project. The executive committee has a chief executive officer, who is responsible to the autonomous committee.
The CEO of the executive committee exercises the following duties:
1) presided over the daily operation and management, and organized the implementation of the resolutions of the autonomous committee;
2) formulate basic management system;
3) to decide on the appointment or dismissal of members of the executive committee or other senior management personnel;
4) draw up the solution of the project platform’s open source code problem and fund use problem.
4.5 disclosure obligation
In order to protect the interests of investors, strengthen the management and efficient use of native digital assets, promote the healthy development of project platform projects, and set up information disclosure system.
The project platform sponsor team is committed to managing and using native digital assets with care and diligence. It is hoped that through its demonstration role, the management of native digital assets can be standardized, the self-discipline awareness of the blockchain industry can be enhanced, the transparency of blockchain cryptographic digital asset management can be enhanced, and the long-term development of the blockchain industry can be well maintained.
Regular information disclosure, the preparation and disclosure of the annual report within three months from the date of each fiscal year, the disclosure of the quarterly report within two months after the end of each quarter. Contents of the report include but not limited to technical development milestones and progress of the project platform, application development milestones and progress, digital asset management, team performance, financial situation, etc.
For temporary information disclosure, HRP shall timely report major cooperation matters of the project, changes of core team members, lawsuits involving the project platform, etc., which will be disclosed on the official website.
Risk warning and disclaimer
5.1 risk warning
HRP hereby expressly disclaims and denies the following responsibilities;
(1) any person who violates any country’s anti-money laundering, anti-terrorist financing or other regulatory requirements when exchanging HRP;
(2) any person who purchases HRP in violation of any representations, warranties, obligations, commitments or other requirements set forth in this white paper, and thus fails to use or withdraw HRP;
(3) failure or abandonment of HRP development, and failure to deliver or use HRP as a result;
(4) listing, suspension or delisting of HRP on any trading platform;
(5) any person’s trading or speculation in HRP;
(6) breach, violation, infringement, collapse, paralysis, service termination or suspension, fraud, misoperation, misconduct, error, negligence, bankruptcy, liquidation, dissolution or suspension of the third-party distribution platform;
(7) there are differences, conflicts or contradictions between the content agreed between any person and the third-party distribution platform and the content of this white paper;
(8) any risk factors disclosed in this white paper, as well as damages, losses, claims, liabilities, penalties, costs or other negative impacts related to or arising out of such risk factors.
Supporters of HRP (House Resource Plan), please carefully read the relevant instructions in the white paper of the project side of HRP (House Resource Plan), fully understand the blockchain, realize the potential risks in purchasing HRP tokens, fully evaluate their risk tolerance and actual situation, and make rational judgment.
This program is not open to Chinese or American citizens
7 contact us
For more information about the project, visit the following link:
(1) Token information
Website address: https://www.toutiao.com/c/user/6557982067/#mid=6557982067
The white paper address: http://note.youdao.com/noteshare? Id = da83423c81f609f6b7fd8dc510234954
Smart address: 0 xa998746f10038160240151871e71a587a4f292da
(2) air drop record
The first batch of airdrops, in the form of hongbao, were delivered to HRP trands group members in the form of bitcoin and friends transaction, mainly aimed at the core users who have the intention to build the community, about 100 people.
The second batch of airdrops, in the news qi exchange airdrops to its currency users, about 1000 people, strong trading desire.
The third batch of airdrops, targeted at the core fans of blockchain xiaoyaozi, about 200 people, is conducive to the spread of the community.
The fourth batch of airdrops, aimed at the active users of ethereum in 2017, about 10,000 people, cooperate with kcash wallet and pack COINS.
(3) address description of the first 10 positions (updated with December 20, 2018)
(4) the exchange has been launched
Coinopen(https://www.coinopen.org) — innovation zone: HRP/ETH trading pair;
Xunq（https://www.xunq.net）: HRP/USDT trading pair;
Kex (Kcash wallet embedded exchange) — main board: HRP/ETH trading pair;
To fly exchange (https://www.etherflyer.com) — the mainboard: HRP/ETH to deal.
(5) blockchain games have been launched
King chariots (http://index.lightsecond.top/) — gold field special (HRP)
(6) online wallet
Kcash, imtoken, etc
(7) social software has been launched
(8)Information disclosure channels
WeChat group: about 3000 people
QQ group :(1) media group 583129329 (2) user group 583129329
Telegram (link in currency for easy access) : https://0.plus/#/wthtjxyz
Weibo: https://weibo.com/5865859809/profile? Topnav = 1 & WVR = 6
Today’s headline: https://www.toutiao.com/c/user/6557982067/#mid=6557982067